Which Segment Will Push Salesforce.com’s Revenue Growth in 2019?
Trefis estimates the Cloud-Based CRM Software segment will push Salesforce.com‘s (NYSE: CRM) total revenue to nearly $15.9 billion in 2019. The company posted revenue of $13.3 billion and earnings of $2.75 in 2018.
We have created an interactive dashboard wherein you can edit the drivers to arrive at your own conclusions, How has Salesforce.com’s revenue performed over the past few years and what is its outlook for 2019?, In addition, here is more Information Technology Data.
- Why Salesforce Stock Looks Quite Undervalued
- Salesforce Stock Dropped More Than 20% In One Day, What’s Next?
- Down 7.3% In A Day, Where Is Salesforce Stock Headed?
- Up 69% In The Last Twelve Months, What To Expect From Salesforce Stock?
- Up 74% Since The Beginning of 2023, Will Salesforce Stock Continue Its Strong Rally?
- Salesforce Stock Is Undervalued
Total Revenue:
- The company has seen a constant growth in Total Revenue over the past years. The revenue has increased from $6.7 billion in 2017 to $13.3 billion in 2018.
- Trefis estimates the strong growth will continue and the company will post Total revenue of around $15.9 billion in 2019.
Cloud-Based CRM Software Revenue:
- Cloud-Based CRM Software Revenue has been the highest contributor to Total Revenue over the years. The revenue has increased from $5.2 billion in 2016 to $9.6 billion in 2018.
- Trefis estimates the segment to have continued its growth as the company continues to be a synonym for CRM Software across the globe, as well as the market leader, and post revenue of approximately $11.2 billion in 2019.
Cloud Software Revenue:
- Cloud Software Revenue has registered the highest growth in terms of percentage over the past few years.. The revenue has increased from $1 billion in 2015 to $2.9 billion in 2018.
- Trefis estimates the segment to have strong growth as the cloud software market continues its rapid growth globally and post revenue of approximately $3.7 billion in 2019.
Consulting & Services Revenue:
- Consulting & Services Revenue has seen high growth over the years. The revenue has increased from $0.5 billion in 2015 to $0.9 billion in 2018.
- Trefis estimates the segment to maintain its strong growth in the near term and post revenue of approximately $1.1 billion in 2019.
What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs
For CFOs and Finance Teams | Product, R&D, and Marketing Teams
Like our charts? Explore example interactive dashboards and create your own.