Lionel Sujay Vailshery
Research expert covering the consumer electronics industry
Get in touch with us nowThe annual revenue of Salesforce reached 34 billion U.S. dollars in its 2024 fiscal year, a record high. Subscription and support is the business segment that contributed the most to the company’s continued sales boom, bringing in revenue worth over 32 billion U.S. dollars in the same fiscal year.
Salesforce.com, Inc.
A cloud-based software company headquartered in California, Salesforce specializes in software-as-a-service (SaaS) offerings and made its name with its wide range of customer-relationship management (CRM) services. In 2019, Salesforce overtook Microsoft and became the market leader in the global public cloud SaaS market. In 2020, Salesforce had a 19.5 percent share in the global CRM applications market, leaping ahead of Oracle and SAP. Over the past 20 years, the firm has grown into one of the largest software and programming companies, as well as one of the most valuable tech brands worldwide.
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