Published Date: 31-Jan-2020
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According to a new report Global Sales Intelligence Market, published by KBV Research, The Global Sales Intelligence Market size is expected to reach $3.8 billion by 2025, rising at a market growth of 12.3% CAGR during the forecast period. The accelerated demand for data enrichment software to increase sales conversions with the prominent need for advanced software for boosting customer targeting and connect rates are some of the factors boosting the market growth. In addition, trends such as the introduction of the strengths of Artificial Intelligence (AI) and Machine Learning (ML) to simplify pre-sales processes and expand the use of company technology to recognize purchasing preferences and enhance prospecting would also create ample opportunities for sales intelligence providers.
The software sub-segment is expected to achieve a larger market share during the forecast period. This may be attributed to the integration capabilities of applications with existing systems like Customer Relationship Management (CRM) and Marketing Platform, to allow quality data enrichment and the availability of multiple deployment options. The Services market is expected to witness a CAGR of 14.4% during (2019 - 2025).
The acceptance of sales intelligence software across large-sized enterprises is higher due to the increased competition and rising data deterioration. Sales intelligence software helps to eliminate data inaccuracies through data extraction capabilities and helps companies maintain an edge over their rivals. The Small & Medium Enterprises market would showcase market growth rate of 14.7% during (2019 - 2025).
North America covers some of the core sales intelligence providers, such companies have their headquarters, direct sales offices and a huge number of channel partners in the region to cater to North America, which has led to the growing adoption of sales intelligence software in the region. The Europe market is anticipated to witness a CAGR of 11.4% during (2019 - 2025). Additionally, The Asia Pacific market is poised to grow at a CAGR of 14.2% during (2019 - 2025).
Structural Insights: https://www.kbvresearch.com/sales-intelligence-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Microsoft Corporation (LinkedIn Corporation), Oracle Corporation, Salesforce.com, Inc., DiscoverOrg LLC, Demandbase, Inc., Clearbit, Inc., InsideView Technologies, Inc., Infogroup, Inc., UpLead, Inc., RelPro, Inc., YesWare, Inc., and Zoho Corporation Pvt. Ltd.
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