Magic Quadrant for Configure, Price and Quote Application Suites
In 2018, the CPQ market grew by 12.4% to an estimated $1.2 billion. It remains highly competitive and fragmented, with no vendor taking more than 15% market share. This research evaluates 16 vendors to help application leaders choose the best CPQ suite for their needs.
Market Definition/Description
Configure, price and quote (CPQ) application suites enable sales organizations to streamline and optimize the creation of quotes and orders for complex, configurable products or services. CPQ application suites exist within a larger ecosystem enabling the quote-to-cash business process.