Market Overview
The global sales force automation market is expected to exhibit a strong 10% CAGR over the forecast period from 2017 to 2023, according to the latest research report from Market Research Future (MRFR). The global sales force automation market is expected to reach a valuation of USD 8 billion by 2023, according to the report. The report presents a comprehensive overview of the global sales force automation market by providing readers with comprehensive coverage about the market’s historical growth trajectory, present condition, and future growth prospects. Accurate, studied forecasts about the global sales force automation market are made in the report on the basis of extensive analysis of the market’s historical growth trajectory. Leading drivers and restraints affecting the global sales force automation market are profiled in the report to give readers an accurate overview of the global market’s major motivators and restraints. Leading players operating in the global sales force automation market are also profiled in the report in order to give readers a clear overview of the market’s competitive landscape. The report also examines the impact of the COVID-19 pandemic on the global sales force automation market.
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Sales force automation is a process used by many companies to automate various parts of the sales process. The advent of online purchasing avenues has been a major driver for the sales force automation market. Online purchasing and consumer tracking options require a strong data management system to handle the user data being generated in the online operations. This has led to a growing demand for sales force automation systems in recent years. Due to the advent of online purchasing, conventional sales staff are being replaced by sales force automation systems, which allow for strong and capable online selling. The growth of the ecommerce sector is likely to be a major driver for the global sales force automation market over the forecast period. Increasing adoption of ecommerce by various end use industries has led to the development of various forms of sales force automation systems in recent years, which is likely to be a major driver for the global sales force automation market. Growing consumer preference for ecommerce over conventional brick and mortar stores is likely to further drive the global sales force automation market over the forecast period.
The media and entertainment industry is likely to remain a major end user of sales force automation systems over the forecast period. Many media and entertainment entities have adopted ecommerce channels in recent years, which allow consumers to book tickets online or through mobile channels. This allows consumers to avoid the crowd at the ticket booths at movie theaters and other entertainment venues and book tickets from the comfort of their homes or on the move. This convenience of online booking channels has made them highly popular in the media and entertainment sector in recent years. This has driven the demand for sales force automation systems in the media and entertainment sector. The growing media and entertainment sector is likely to remain a major driver for the Sales Force Automation Market Trends over the forecast period.
Segmentation:
The global sales force automation market is segmented on the basis of software, organization type, end use, and region.
By software, the global sales force automation market is segmented into on-premise, SaaS, and cloud-based.
By organization type, the global sales force automation market is segmented into small and midsized enterprises, and large enterprises.
By end use, the global sales force automation market is segmented into healthcare, automotive, media and entertainment, BFSI, and others.
Regional Analysis:
North America and Europe are the leading regional markets for sales force automation systems due to the presence of major players in the region and the widespread availability of advanced technological tools to enable strong, comprehensive sales force automation systems.
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Competitive Leaderboard:
Leading players in the global sales force automation market include Zoho Corporation, SugarCRM, SAP SE, Salesforce.com Inc., Sage Group plc, Pegasystems Inc., Oracle Corporation, NetSuite Inc., Microsoft Corporation, Bullhorn Inc., and Aptean Software Company.
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The cloud based solution is widely used as it improves internal sales processes, provides more sales transparency information and marketing process to the authorized sales team.
It boosts the market growth due to the emergence of enhanced marketing, real time analytical modules which acts as a driving factor of this market.
This rapid growth helps to generate more revenue and increase its demand in the market.Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/4091In North America region, the sales force automation provides in depth information of pricing, supplier positioning and top companies.
It manages the sales data, accurate information flow, and others which are boosting the marketing growth.
The adoption of mobility applications helps to access the data anytime.
The sales force automation helps the organization to consolidate its global sales and marketing processes.The Global Sales Force Automation Market is growing rapidly over ~10% of CAGR and is expected to reach at USD ~8 Billion by the end of forecast period.Key playersThe prominent players in the global sales force automation market are – Aptean Software Company (U.S.), Bullhorn Inc.(U.S.), Microsoft Corporation (U.S.), NetSuite Inc. (U.S.), Oracle Corporation (U.S.), Pegasystems Inc. (U.S.), Sage Group Plc.
Global Sales Force Automation Market, By Software (The Software On-Premise Salesforce Automation System, Software-As-A-Service (SaaS) Salesforce Automation System, Cloud-Based Salesforce Automation System), By Organization Type (Small-Medium Scale Size Enterprise, Large Scale Enterprises), By End-Users- Forecast 2023OverviewSales force automation technique involves usage of software to bring a certain level of automation to business tasks of sales which consists of sharing of information, sales analysis, forecasts, employee evaluation and customer management to name a few of the functions.
Whether the company is a small sized company selling limited products or a large scale organization carrying a diverse product range sales force automation have become an integral part of their sales process.According to a Market Research Future report on Sales Force Automation Market Research Report- Global Forecast 2023 the domain will grow at USD 8 Billion by 2023 at a 10% CAGR between 2017 and 2023.
SME and startup companies are investing a lot in this sector so as to enable consolidation of their customer communication from various channels blogs etc.
Sales force automation software are also able to help drastically reduce the amount of time that needs to be dedicated to complete certain mundane tasks.
Sales Force Automation software also improve the level of customer service by personalizing it and thus leads to increase in the revenue levels of the company by allowing sales reps to reach more prospects and generate more income for the company.The Sales Force Automation software also allows for effective opportunity management by using competitive intelligence functions and the sales teams in the organization.
Some of the restraining factors for sales force automation are difficulty in system adoption, maintenance cost, time elapsed due to data entry and difficulty to integrate with other MIS systems.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/4091Latest Industry News:Nov 2017 Salesforce has partnered with Google for an integration that will enable sales, marketing and advertising data to flow between the Analytics 360 Suite and Salesforce’s Marketing and Sales clouds.
October 31, 2018: This report focuses on the global Sales Force Automation Software status, future forecast, growth opportunity, key market and key players.
The study objectives are to present the Sales Force Automation Software development in United States, Europe and China.In 2017, the global Sales Force Automation Software market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.The key players covered in this studyZoho CRMProfile AnalysisPipedriveQSOFTDownload sample Copy of This Report at: https://www.radiantinsights.com/research/global-sales-force-automation-software-market-size-status-and-forecast-2018-2025/request-sample MicrosoftNimbleProsperWorksSugarCRMcomElasticQuickBaseIf No ReplyClearSlideeSpatial SolutionsCirruspathRead Complete Report with TOC @ https://www.radiantinsights.com/research/global-sales-force-automation-software-market-size-status-and-forecast-2018-2025 SalesBoomSalesJunctionMagna ComputerDatanyzeGoldhawkcomCNET Content SolutionsMarket segment by Type, the product can be split intoCloud basedOn premiseMarket segment by Application, split intoLarge EnterpriseSMBMarket segment by Regions/Countries, this report coversUnited StatesEuropeChinaJapanSoutheast AsiaIndiaCentral & South AmericaThe study objectives of this report are:To analyze global Sales Force Automation Software status, future forecast, growth opportunity, key market and key players.To present the Sales Force Automation Software development in United States, Europe and China.To strategically profile the key players and comprehensively analyze their development plan and strategies.To define, describe and forecast the market by product type, market and key regions.In this study, the years considered to estimate the market size of Sales Force Automation Software are as follows:History Year: 2013-2017Base Year: 2017Estimated Year: 2018Forecast Year 2018 to 2025For the data information by region, company, type and application, 2017 is considered as the base year.
Whenever data information was unavailable for the base year, the prior year has been considered.About Radiant InsightsRadiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
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