HubSpot is growing rapidly and is gaining market share from Salesforce. In 2022, HubSpot's revenue grew by 20%, while Salesforce's revenue grew by only 5%. HubSpot is also expanding its product offerings and entering new markets.
Salesforce is bigger than HubSpot. Salesforce is a global leader in CRM software, while HubSpot is a leading provider of marketing and sales automation tools. Salesforce has a market capitalization of over $200 billion, while HubSpot has a market capitalization of around $10 billion. Salesforce also has a larger customer base than HubSpot, with over 150,000 customers worldwide.
However, HubSpot is growing rapidly and is gaining market share from Salesforce. In 2022, HubSpot's revenue grew by 20%, while Salesforce's revenue grew by only 5%. HubSpot is also expanding its product offerings and entering new markets.
It is still too early to say whether HubSpot will eventually overtake Salesforce as the leading CRM platform. However, HubSpot is clearly a major player in the CRM market and is well-positioned to continue to grow in the years to come.