About Sales Software
Sales Software is a set of E-Commerce applications used to standardize company’s retail methods and retail-specific activities, in particular lead to estimate and conversion processes. Most sales applications can also be used to process sales data, assess performance, manage inventory, or run an online store. Sales software makes it easy to measure key metrics which includes conversion and bounce rates, win-loss ratios, and lead times. Hardware and software are the key technological elements of Sales force automation.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Sales Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Aptean (Georgia), Bpm'online (United Kingdom), Infusionsoft (United States), Infor, Inc. (United States), Oracle Corporation (United States), Pegasystems, Inc. (United States), SAP SE (Germany), Salesforce.Com, Inc. (United States), SugarCRM, Inc. (United States) and Zoho Corporation Pvt. Ltd. (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Sales Software market by Type (On-Premise, SaaS, Open-Source and Other), Application (Retail, BFSI, Telecom, Healthcare, Food & Beverages and Others) and Region.
On the basis of geography, the market of Sales Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Categories, the sub-segment i.e. CRM Software will boost the Sales Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Data Security and Privacy Concern and Rise in Cloud Based CRM Technology
Market Growth Drivers:
Growing Need to Modernize the Sales Processes and Increasing Need of Tracking Mechanism
Challenges:
Lack of Awareness about Benefits Associated with Sales Software and Lack of Skilled Workforce
Restraints:
High Cost Associated with Sales Management Software
Opportunities:
Growing Need for Business Intelligence & Insights
Market Leaders and their expansionary development strategies
On May 2, 2019- Aptean, a global provider of mission-critical enterprise software solutions, has acquired OPTIWARE, a leading provider of Overall Equipment effectiveness (OEE) and Enterprise Asset Management (EAM) solutions. The acquisition of OPTIWARE extends Aptean’s capabilities in European marketplaces, a key growth area for the company.
Key Target Audience
Software Provider of Sales Software, Network Provider, Aerospace Industry and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.