North America Sales Enablement Platform Market Size, Share & Industry Trends Analysis Report By Component, By Deployment Mode (Cloud and On-premises), By Organization Size (Large Enterprises and SMEs), By End-use, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Sales Enablement Platform Market would witness market growth of 13.7% CAGR during the forecast period (2022-2028).
The market is expected to do well as there are more platforms for sales enablement that concentrate on offering tailored content and coaching based on the industry. The sales enablement platform is expected to generate significant income as a result of the addition of sales gamification, microlearning, and AI-enabled sales KPIs.
Highspot and Outreach, a provider of intelligence platforms, partnered in January 2022. The relationship will enable the business to carry out efficient and successful buyer interaction. The strategic alignment between the marketing and sales teams was advantageous for the firm. The global digital transformation has resulted in a sharp rise in the use of sales enablement platforms.
The increasing need from businesses for better business processes is what fuels the market's expansion. The market expands as a result of stepping up sales efforts and the development of new technology. For instance, the implementation of sales analytics powered by AI in smarter organizations aids in meeting the current business demand.
North America market has been on the verge of maturing. To deploy, scale, and carry out firms' sales enablement strategy in such fiercely competitive conditions, sales enablement platforms are required. According to estimates, the main factor driving the US sales enablement platform industry is automating the sales process to increase close transaction rates. On the other hand, the adoption of a cloud-based sales enablement platform to extract meaningful insights from data is anticipated to drive market expansion in Canada.
The US market dominated the North America Sales Enablement Platform Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,281.2 million by 2028. The Canada market is poised to grow at a CAGR of 15.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 15.6% during (2022 - 2028).
Based on Component the market is segmented into Platform (Without Services) and Services. Based on Deployment Mode, the market is segmented into Cloud and On-premises. Based on Organization Size the market is segmented into Large Enterprises and SMEs. Based on End-use the market is segmented into Consumer Goods & Retail, IT & Telecom, Media & Entertainment, Manufacturing, Healthcare & Lifesciences, BFSI and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Sales Enablement Platform Market is Predict to reach $9.1 Billion by 2028, at a CAGR of 15.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SAP SE, Seismic Software, Inc., Brainshark, Inc. (Bigtincan Holdings), Mindtickle, Inc., Qstream, Inc., Showpad, Inc., Upland Software, Inc., Highspot, Inc., Rallyware, Inc., and Accent Technologies, Inc.
Scope of the Study
Market Segments Covered in the Report:
- Platform (Without Services)
By Deployment Mode
By Organization Size
- Large Enterprises
- Consumer Goods & Retail
- IT & Telecom
- Media & Entertainment
- Healthcare & Lifesciences
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- SAP SE
- Seismic Software, Inc.
- Brainshark, Inc. (Bigtincan Holdings)
- Mindtickle, Inc.
- Qstream, Inc.
- Showpad, Inc.
- Upland Software, Inc.
- Highspot, Inc.
- Rallyware, Inc.
- Accent Technologies, Inc.
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Global Sales Enablement Platform Market Report 2022-2028
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