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Description
Conversion Rate Optimisation (CRO) Software Market size was valued at USD 1.1 billion in 2021 and is poised to grow at a significant CAGR of 11.2% during the forecast period 2022-28. owing to increasing customer preference towards e-commerce shopping and high adoption of advanced technologies in the market are anticipated to drive the growth of the market. Rising adoption of advanced technologies such as Artificial intelligence (AI) and Machine Learning (ML) are expected to create lucrative opportunities for CRO software market over the forecast years. CRO software leverages existing web traffic and lessens customer acquisition costs coupled with rising website revenue and understand the customers effectively are the main parameters driving the growth of the market. Furthermore, it helps in catching stronger leads to the organization and it has got the potential to completely change the bottom line of the business. CRO software also helps in identifying the problem areas of the website and fixing them to eventually improve the performance. Global conversion rate optimisation (CRO) software market report gives comprehensive outlook on conversion rate optimisation (CRO) software across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global conversion rate optimisation (CRO) software.
