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Sales Force Automation Market 2020 - Segmentation, Trends, Growth and Regional Forecast 2023

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Akash Sangshetti
Sales Force Automation Market 2020 - Segmentation, Trends, Growth and Regional Forecast 2023

Sales Force Automation Market   - Overview

The Global Sales force automation Market is growing with the rapid pace; mainly due to the rising incidents of safety issues. According to a recent study report published by the Market Research Future, The global market of Sales force automation is growing rapidly and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).

The Sales force automation (SFA) software is a type of program which automates business tasks. Different processes such as sales processing, inventory control, and tracking of customer interactions, as well as analysing sales forecasts and performance can be automated using sales force automation software.

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The sales force automation package includes an e-mail package, a web-ready database, and customizable templates. It is a three-tiered architecture which is used to separate the database, server, and application to reduce programming demands on clients. Custom versions are developed specifically to address niche needs of businesses. Growing demand for lead management and opportunity management has been the factor that has contributed to the need for sales force automation software.

The Global Sales Force Automation Market is driven by need to streamline sales processes to improve the ROI and to reduce manual efforts required to manage sales data. On the other hand, lack of awareness towards the software and dearth of skilled professionals required for installations related to the software hindering the growth of sales force automation market.

The global Sales Force Automation Market is expected to grow at USD ~8 Billion by 2023, at ~10% of CAGR between 2017 and 2023.

Key players

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.

Sales Force Automation Global Market   - Segmentation

The Sales force automation Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;

  • Segmentation By software: On-premise Salesforce automation system, Software-as-a-service (SaaS) Salesforce automation system, Cloud-Based Salesforce automation system.
  • Segmentation By Organization size: Small-Medium Scale Size Enterprise, Large Scale Enterprises
  • Segmentation By End-Users: Healthcare, Automotive, Media And Entertainments, Financial Sector, Others.
  • Segmentation By Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World

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

Continued…

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About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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