Global Sales Performance Management Market Leading Players Analysis, Current Trends, Market Challenges, to Witness Comprehensive Growth
Market Synopsis
Global sales performance management market is expected to grow at a CAGR of 16.6% during the forecast period and reach $9.34 billion by 2023
The sales performance management assists the sales fuctionality of retail, banking and financial institutions, manufacturing, IT and telecommunication, and other industries. It consists of solutions such as incentive and compensation management, territory management, sales planning and monitoring, sales analytics and others, which support the sales team. The users receive in-depth insights on sales lifecycle, go-to-market strategy planning with these solutions, and it also automates the sales incentives. The sales performance management market has started evolving in the past few years and is expected to withness a significant growth rate in the upcoming years.
Competitive Dynamics
Some of the major players are Salesforce.Com, Inc. (US), SAP AG (Germany), Synygy, Inc. (US), Xactly Corporation (US), Oracle Corporation (US), IBM Corporation (US), Callidus Software, Inc. (US), Microsoft Corporation (US), Axtria Inc. (US), Optymyze (US), Iconixx Corporation (US), Nice Systems Ltd. (US), Anaplan, Inc. (India), and Performio Solutions Inc. (US). The major strategies adopted by most of the players are collaborations, partnerships and agreements, and new product releases.
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Market Highlights
The global sales performance management market is segmented into component, deployment mode, organization size, vertical and region/country.
By component, the global sales performance management is segmented into solution and services. The solutions segment is further divided into incentive compensation management, territory management, sales planning and monitoring, sales analytics and others. The services segment is further divided into consulting, implementation, training and support, and managed services.
Segmentation
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.
Regional analysis
Sales Performance Management Market 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).
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).
LIST OF TABLES
Table 1 Global Sales Performance Management Market, By Region, 2019–2023
Table 2 North America: Global Sales Performance Management Market, By Country, 2019–2023
Table 3 Europe: Global Sales Performance Management Market, By Country, 2019–2023
Table 4 Asia-Pacific: Global Sales Performance Management Market, By Country, 2019–2023
Table 5 Rest Of The World: Global Sales Performance Management Market, By Country, 2019–2023
Continued…….
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LIST OF FIGURES
FIGURE 1 Global Sales Performance Management Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Sales Performance Management Market
FIGURE 4 Value Chain/Supply Chain Of Global Sales Performance Management Market
FIGURE 5 Share Of Global Sales Performance Management Market In 2017, By Country (In %)
Continued……
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