Market Research Future published a research report on “Sales Force Automation Industry Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Sales force automation is a kind of software that helps in streamlining of collection, analysis, and distribution of data to maintain smooth working condition of the sales pipeline. The software aims at providing the right data to the right person and at the exact moment to reduce the workload of sales representatives. This software is gaining popularity and during the forecast period of 2017 to 2023 the global Sales Force Automation Industry could achieve 10% CAGR to cross a valuation of USD 8 billion. Market Research Future (MRFR) predicts that this percentage could even increase as the Sales Force Automation Industry is getting intense.
Integration of cloud-based software is expected to play in favor of the global Sales Force Automation Industry. On the other hand, its ability to reduce workload and implement precision in the work flow can make it popular among industries. Sales productivity has gone up for many companies, which is expected to bring in more takers.
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The prominent players in the global Sales Force Automation Industry 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.
Global Sales Force Automation Industry Segmentation
The global Sales Force Automation Industry, 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 Industry 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 Industry 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 Industry includes media & entertainments, healthcare, automotive, financial sector, and others. The automotive sector is gaining much from the integration of this technology.
Market Research Analysis:
On geographic basis, global Sales Force Automation Industry is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with largest market share growth in the Sales Force Automation Industry due to the major companies are investing for the for providing the better solution to satisfy the customers. In this market, Europe is to be estimated to be the second largest market share for sales force automation during the forecast period.
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TABLE OF CONTENTS
LIST OF TABLES
Table 1 Sales Force Automation Industry, By Software
Table 2 Sales Force Automation Industry, By Organization Type
Table 3 Sales Force Automation Industry, By End- Users
Table 4 Sales Force Automation Industry, By Region
Table 5 North America Sales Force Automation Industry, By Software
Table 6 North America Sales Force Automation Industry, By Organization Type
Table 7 North America Sales Force Automation Industry, By Application
Table 8 North America Sales Force Automation Industry, By Region
Table 9 Europe Sales Force Automation Industry, By Software
Table 10 Europe Sales Force Automation Industry, By Organization Type
Table 11 Europe Sales Force Automation Industry, By End- Users
Table 12 Europe Sales Force Automation Industry, By Region
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