According to the latest report by IMARC Group, titled, “Sales Performance Management Market Size: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The sales performance management industry reached US$ 3.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 9.0 Billion by 2027, exhibiting a growth rate (CAGR) of 16.7% during 2022-2027.
Sales performance management (SPM) refers to a data-informed operational approach, which is extensively employed for planning, managing, and evaluating overall sales performance at scale. SPM offers various other services, such as forecasting sales trends, sales training, and granular planning. At present, sales performance management is commercially available based on its varying solutions.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Sales Performance Management Market Trends:
The widespread adoption of SPM in various industrial verticals, such as transportation, retail, hospitality, healthcare and banking financing services and insurance (BFSI), for enhancing operational efficiency is one of the key factors driving the market growth. Additionally, the increasing utilization of SPM for automating business functions is propelling the market growth. Aside from that, the growing consumer preference for SPM due to inaccuracies and excessive time consumption in manual intervention is creating a positive market outlook. Other factors, such as the surging need for automation, the rising demand for metric-driven sales tools, and burgeoning enterprise mobility, are driving the market toward growth.
Request a Free Sample Report: https://www.imarcgroup.com/sales-performance-management-market/requestsample
Sales Performance Management Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Anaplan Inc., Axtria Inc., beqom SA, Iconixx Software Corporation, International Business Machines Corporation, Microsoft Corporation, NICE Ltd., Oracle Corporation, Salesforce.com Inc., SAP SE and Xactly Corporation.
The report has segmented the market on the basis on product, hormone, age group and end user.
Breakup by Solution:
- Territory Management
- Sales Analytics
- Sales Planning and Monitoring
- Incentive Compensation Management
- Others
Breakup by Services:
- Consulting Services
- Managed Services
- Training and Support
- Others
Breakup by Organization Size:
- Small and Medium-sized Enterprises
- Large Enterprises
Breakup by Deployment Model:
- On-premises
- Cloud-based
Breakup by End User:
- BFSI
- IT and Telecom
- Retail
- Energy and Utilities
- Travel and Hospitality
- Transportation and Logistics
- Healthcare
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=4398&flag=C
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Other Trending Research Reports:
With 16.47% CAGR, Microfluidics Market Size Worth USD 52.4 Billion by 2027
Web Real-Time Communication Market to Touch US$ 35.6 Billion by 2027, at a CAGR of 43.3%
With 8.75% CAGR, Live Cell Imaging Market Size Worth USD 3.2 Billion by 2027
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
