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The PRM software industry is experiencing robust growth driven by the increasing adoption of partner-led growth strategies across B2B sectors. Companies are recognizing the need for automated solutions to manage complex partner ecosystems, track performance, and streamline commission payouts, moving away from manual processes. Integration capabilities with existing CRM and accounting systems are crucial, positioning PRM as a central hub for channel operations.
Total Assets Under Management (AUM)
Global Partner Relationship Management Software Market Size in United States
~The global PRM software market size was valued at USD 1.2 billion in 2022.
(22.3% CAGR)
- Driven by increasing demand for automated partner management solutions.
- Rise in adoption of indirect sales channels.
- Integration with CRM and other business tools is key.
1.2 billion USD
Leveraging artificial intelligence and machine learning to analyze partner performance, predict future trends, and recommend optimized engagement strategies for maximizing revenue.
Utilizing blockchain technology to ensure transparent, secure, and immutable recording of deal registrations and automated, tamper-proof commission payouts, reducing disputes and administrative overhead.
Enabling non-technical users to build custom integrations and workflows with various business tools, making PRM platforms more adaptable and extensible without extensive development resources.
The California Consumer Privacy Act (CCPA), enacted in 2018 and amended by the California Privacy Rights Act (CPRA) in 2020, grants California consumers extensive rights regarding their personal information, including the right to know, delete, and opt-out of the sale or sharing of their data.
PRM software providers and their customers must ensure robust data privacy and consent management features to comply with CCPA/CPRA, affecting how partner and customer data is collected, stored, and shared.
Although primarily a European Union regulation, the GDPR, enacted in 2016, impacts any company that processes the personal data of EU citizens, regardless of the company's location, setting strict rules for data protection and privacy.
Companies using PRM platforms must ensure their data handling practices, particularly concerning international partners and their data, comply with GDPR's stringent requirements on data processing, consent, and cross-border data transfers.
PCI DSS is a set of security standards designed to ensure that all companies that process, store, or transmit credit card information maintain a secure environment, updated periodically by the PCI Security Standards Council.
PRM platforms handling commission payments or financial data must adhere to PCI DSS compliance to secure sensitive payment information, which directly impacts their security infrastructure and trust with customers and partners.
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