Sales Performance Management Market Research Report Information, By Component [Solution (Incentive Compensation Management, Territory Management, Sales Planning & Monitoring, Sales Analytics), Services], Deployment Mode, Vertical – Global Forecast till 2023
Market Highlights
Between the organisation size segments, the large enterprises segment is expected to have a greater market size than the SME segment. The large organizations deploy the software extensively to increase the agility of sales operations. These sales performance management solutions mainly help the sales teams evaluate their operations on real-time basis, empower collaboration of their sales data, and streamline their sales operations. The large enterprises use these solutions to provide the sales employees with an integrated view of the consolidated data.
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Key Players
The key players in the sales performance management market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are— SAP AG (Germany), Salesforce.Com, Inc. (US), Synygy, Inc. (US), Xactly Corporation (US), IBM Corporation (US), Oracle Corporation (US), Callidus Software, Inc. (US), Microsoft Corporation (US), Iconixx Corporation (US), Nice Systems Ltd. (US), Optymyze (US), Anaplan, Inc. (India), Axtria Inc. (US), and Performio Solutions Inc. (US).
Regional Analysis
The global sales performance management market is expected to grow at a rate of 16.6% during the forecast period 2018–2023 and reach $9.34 billion by 2023. The geographical analysis of Sales Performance Management market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America).
Among the regions mentioned, North America is anticipated to have the largest market share during the forecast period. North America and Europe are expected to depict slightly lower growth rate than Asia Pacific, as the demand in Asia Pacific is projected to rise more than the global CAGR of 16.2% during the forecast period of 2018 to 2023. The developing countries such as India and China are driving the sales performance management market with unceasing growth across diverse sectors such as BFSI, IT and Telecom, manufacturing and retail.
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Market SynopsisAccording to MRFR, the global sales performance management market is expected to grow at a CAGR of 16.6% during the forecast period and reach USD 9.34 billion by 2027.Market HighlightsThe demand for sales performance management has begun to develop over the past few years and a substantial growth rate is anticipated in the coming years.
Sales performance management supports retail, banking and financial services, manufacturing, IT and telecommunication, and other sectors in their revenue fuctionality.The major factors contributing to the growth of the market are the growing adoption of Bring-your-own-devices (BYOD) by companies and the the demand for improved channel and efficiency of sales.
The limited knowledge of the tools for sales performance management is proving a constraint to this market.
An opportunity for such solutions is the increasing incorporation of integrated platforms/products into enterprise sales functions.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/7476SegmentationThe global market for sales performance management is segmented into part, mode of delivery, size of organization, vertical and region / country.The global sales performance management is segmented by part into products and services.
However, the Services section is divided into incentive compensation management, geographic management , business planning and tracking, market analytics and others.
Furthermore, the Services segment is divided into consulting, implementation , training and support and management services.The global monitoring of sales output is segmented into on-premises and cloud by delivery mode.The global sales performance management is segmented by organizational size into small and medium-sized enterprises ( SMEs) and large corporations.The global sales performance management is segmented vertically into telecommunications and IT; retail; health and pharmaceutical; manufacturing; banking, financial and insurance (BFSI); travel and hospitality; transport and logistics; and others.Regional analysisSales performance management business regional research is examined for North America, Europe , Asia-Pacific and the rest of the world (including the Middle East, Africa , and Latin America).North America is projected to have the largest market share during the forecast period amongst the regions listed.
Market SynopsisAccording to MRFR, the global sales performance management market forecast is expected to grow at a CAGR of 16.6% during the period and reach USD 9.34 billion by 2023.Market HighlightsThe demand for sales performance management has begun to develop over the past few years and a substantial growth rate is anticipated in the coming years.
Sales performance management supports retail, banking and financial services, manufacturing, IT and telecommunication, and other sectors in their revenue fuctionality.The major factors contributing to the growth of the market are the growing adoption of Bring-your-own-devices (BYOD) by companies and the the demand for improved channel and efficiency of sales.
The limited knowledge of the tools for sales performance management is proving a constraint to this market.
An opportunity for such solutions is the increasing incorporation of integrated platforms/products into enterprise sales functions.SegmentationThe global market for sales performance management is segmented into part, mode of delivery, size of organization, vertical and region / country.The global sales performance management is segmented by part into products and services.
However, the Services section is divided into incentive compensation management, geographic management , business planning and tracking, market analytics and others.
Furthermore, the Services segment is divided into consulting, implementation , training and support and management services.The global monitoring of sales output is segmented into on-premises and cloud by delivery mode.The global sales performance management is segmented by organizational size into small and medium-sized enterprises ( SMEs) and large corporations.The global sales performance management is segmented vertically into telecommunications and IT; retail; health and pharmaceutical; manufacturing; banking, financial and insurance (BFSI); travel and hospitality; transport and logistics; and others.Regional analysisSales performance management business regional research is examined for North America, Europe , Asia-Pacific and the rest of the world (including the Middle East, Africa , and Latin America).North America is projected to have the largest market share during the forecast period amongst the regions listed.
