Sales Force Automation Software Market Size, Top Companies, Value, Share, Research and Report 2027
the global sales force automation software market to reach US$ 13.5 Billion by 2027, exhibiting a CAGR of 12.14% during 2022-2027.
BROOKLYN, NY, USA, February 6, 2023 /EINPresswire.com/ — According to the latest report by IMARC Group, titled “Sales Force Automation Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’ the global sales force automation software market reached a value of US$ 6.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 13.5 Billion by 2027, exhibiting a CAGR of 12.14% during 2022-2027.
Sales force automation (SFA) refers to a function that automates different sales processes including repetitive, administrative tasks, from data entry to task management made possible by software tools. It can be part of a customer relations management (CRM) system or a function of separate tools that are exclusively created to automate select sales tasks. This software automates various administrative duties, which aids in enhanced operational efficiency and effective decision-making.
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Sales Force Automation Software Market Trends:
The widespread utilization of the SFA software across industries, including retail, telecom and banking, represents one of the key factors driving the market growth. Apart from this, the deployment of machine learning (ML), artificial intelligence (AI), and the use of cloud technology are contributing to the market growth across the globe. For instance, integrating the SFA with AI helps in designing the practical value for sales management by expanding, supercharging, and automating the way deals are conducted, which, in turn, is facilitating the market growth. Furthermore, the rising investments from several organizations in sales automation, along with the availability of cloud-based software providing more customizing options and better data security as well as privacy measures are creating a positive outlook of the market across the globe.
Sales Force Automation Software Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the sales force automation software market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Aptean Inc.
Consensus Sales Inc.
Infor Inc. (Koch Industries Inc)
Microsoft Corporation
Oracle Corporation
Pegasystems Inc
com Inc.
SAP SE
SugarCRM Inc
Zoho Technologies Private Limited.
Key Market Segmentation:
The report has segmented the sales force automation software market on the basis of application, deployment type, enterprise size and industry vertical.
Breakup by Application:
Lead Management
Sales Forecasting
Order and Invoices Management
Opportunity Management
Others
Breakup by Deployment Type:
Cloud-based
On-premises
Breakup by Enterprise Size:
Small and Medium Enterprises
Large Enterprises
Breakup by Industry Vertical:
BFSI
Healthcare
Retail
Telecom
Food and Beverages
Others
Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key Highlights of the Report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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