Sales Force Automation Market Size, Share 2019 – Global Overview, Key Players, Opportunities, Growth Factors, Developments and Industry Expansion Strategies 2023
Market Research Future published a research report on “Sales Force Automation Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Pune, India – September 27, 2019 /MarketersMedia/ —
Market Highlights
The study reveals that sales force automation is trending in North America region. 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. Theses real time data is further utilized by the departments to get the real-time analysis that helps to improve sales management, cross-selling and up-selling across the world. This rapid growth helps to generate more revenue and increase its demand in the market.
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 players
The 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. (U.K), Salesforce.com Inc. (U.S.), SAP SE(Germany), SugarCRM (U.S.), and Zoho Corporation (India) among others.
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Industry News:
In July 2019, Edureka, a renowned e-learning company, announced the integration of different courses for IT professionals including one on sales force automation. This shows that the number of takers is growing and the market is creating space for new professionals.
Global Sales Force Automation Market Segmentation
The global sales force automation market, as discussed in the latest report of MRFR, is segmented by are software, organization type, and application. These segmentation aims at a better uncovering of factors by having a closer look at the market potentials. Proper understanding of these factors would ease the growth possibilities of the market.
Based on the software, the global sales force automation market can be segmented into on-premise salesforce automation system, software-as-a-service (SaaS) Salesforce automation system, cloud-based Salesforce automation system and others. The SaaS Salesforce automation system segment has substantial market taker and it is percolating across industries at a rapid rate.
Based on the organization, the global sales force automation market can be segmented into small-medium scale size enterprise (SMEs), large scale enterprises and others. The large-scale enterprises are gaining much prominence but its initial installation cost is deterring SMEs from benefitting such technology.
Based on the end-users, the global sales force automation market includes media & entertainments, healthcare, automotive, financial sector, and others. The automotive sector is gaining much from the integration of this technology.
Regional Analysis:
Asia Pacific (APAC), North America, Europe and Rest of the World (RoW) are regions discussed in the region-specific analysis of the global sales force automation market conducted by MRFR. The study aims at providing a detailed look of zones that have potentials to contribute much in the coming years.
North America’s lead depends much on the technological integration across industries. The region has robust infrastructure and high expenditure capacity, which is driving several industries into adopting this technology. Major players are operating from the region and it has the U.S. as a major market. The country has substantial market that is taking the regional market forward. Industries are banking on various customized solution that includes call automation, sales forecasting, product modeling, proposal creation, order management, and others that the product offers.
In Europe, the market is expected to enjoy strong growth in the coming days, whereas the APAC market is also witnessing rapid increase in the intake of such technology during the forecast period. China and India are emerging economies with great potential for sales force automation market and is expected to earn the highest CAGR during the forecast period. Japan is also a good market with high potential.
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TABLE OF CONTENTS
1 Market Introduction
1.1 Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure:
1.3.1 Global Sales Force Automation Market: By Software
1.3.2 Global Sales Force Automation Market: By Organization Type
1.3.3 Global Sales Force Automation Market: By End- Users
1.3.4 Global Sales Force Automation Market: By Region
2 Research Methodology
2.1 Research
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
3 Market Dynamics
3.1 Introduction
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
Continued…
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Organization: Market Research Future
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Source: MarketersMedia
Release ID: 88923480
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