The North America Sales Training Software Market would witness market growth of 13.0% CAGR during the forecast period (2022-2028).
The expansion of the sector can be ascribed to the paradigm change in the focus of incumbents in different end-use industries to minimize the number of time workers spend on repetitive operations and use the saved time for customer engagement or relationship management activities. Particularly, the sales training software may aid end-user businesses in enhancing staff productivity, increasing product sales, and optimizing resource use. The advantages of adopting such software include straightforward sales content generation and improved sales enablement. These innovations are anticipated to bolster the industry's expansion during the predicted period. Key businesses are spending on R&D to provide novel solutions that will attract prospective company clients and, consequently, enhance revenues, creating a number of lucrative prospects for the market.
Financial institutions range in size and presence from some of the world's largest multinational corporations with thousands of workers and several billions of dollars in assets to community banks along with credit unions with a modest number of workers servicing local areas. Whether it be a personal financial derivative, savings account, credit extended to a large institution, or investments made in a foreign country, these products enable customers to make payments and deposit funds to other parties, offer liquidity and credit to customers, invest funds for long as well as short periods, and transfer financial risks among customers.
However, as the country is highly developed and the burden of these institutions is increasing, the demand for sales training software is significantly increasing. Due to this, the adoption of sales training software is significantly high in the sector in order to manage the high burden while also increasing customer satisfaction. This factor is estimated to boost the growth of the regional market.
The US market dominated the North America Sales Training Software Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,244.7 million by 2028. The Canada market is experiencing a CAGR of 15.2% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 14.9% during (2022 - 2028).
Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into Retail, BFSI, IT & Telecom, Discrete Manufacturing, Government & Public Sector, Automotive, Healthcare & Life Sciences 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 Training Software Market is Predict to reach $4.5 Billion by 2028, at a CAGR of 14.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SAP SE, Salesforce, Inc., Zoho Corporation Pvt. Ltd., Mindmatrix, Inc., Allego, Inc., Brainshark, Inc. (Bigtincan Holdings), Mindtickle, Inc., Qstream, Inc., SalesHood, Inc., and Showpad, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Deployment Type
By Organization Size
By Vertical
- Retail
- BFSI
- IT & Telecom
- Discrete Manufacturing
- Government & Public Sector
- Automotive
- Healthcare & Life Sciences
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- SAP SE
- Salesforce, Inc.
- Zoho Corporation Pvt. Ltd.
- Mindmatrix, Inc.
- Allego, Inc.
- Brainshark, Inc. (Bigtincan Holdings)
- Mindtickle, Inc.
- Qstream, Inc.
- SalesHood, Inc.
- Showpad, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Sales Training Software Market, by Deployment Type
1.4.2 North America Sales Training Software Market, by Organization Size
1.4.3 North America Sales Training Software Market, by Vertical
1.4.4 North America Sales Training Software Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Sales Training Software Market by Deployment Type
3.1 North America Cloud Market by Country
3.2 North America On-premise Market by Country
Chapter 4. North America Sales Training Software Market by Organization Size
4.1 North America Large Enterprises Market by Country
4.2 North America SMEs Market by Country
Chapter 5. North America Sales Training Software Market by Vertical
5.1 North America Retail Market by Country
5.2 North America BFSI Market by Country
5.3 North America IT & Telecom Market by Country
5.4 North America Discrete Manufacturing Market by Country
5.5 North America Government & Public Sector Market by Country
5.6 North America Automotive Market by Country
5.7 North America Healthcare & Life Sciences Market by Country
5.8 North America Others Market by Country
Chapter 6. North America Sales Training Software Market by Country
6.1 US Sales Training Software Market
6.1.1 US Sales Training Software Market by Deployment Type
6.1.2 US Sales Training Software Market by Organization Size
6.1.3 US Sales Training Software Market by Vertical
6.2 Canada Sales Training Software Market
6.2.1 Canada Sales Training Software Market by Deployment Type
6.2.2 Canada Sales Training Software Market by Organization Size
6.2.3 Canada Sales Training Software Market by Vertical
6.3 Mexico Sales Training Software Market
6.3.1 Mexico Sales Training Software Market by Deployment Type
6.3.2 Mexico Sales Training Software Market by Organization Size
6.3.3 Mexico Sales Training Software Market by Vertical
6.4 Rest of North America Sales Training Software Market
6.4.1 Rest of North America Sales Training Software Market by Deployment Type
6.4.2 Rest of North America Sales Training Software Market by Organization Size
6.4.3 Rest of North America Sales Training Software Market by Vertical
Chapter 7. Company Profiles
7.1 SAP SE
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Salesforce.com, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.6 SWOT Analysis
7.3 Allego, Inc.
7.3.1 Company Overview
7.4 Zoho Corporation Pvt. Ltd.
7.4.1 Company Overview
7.5 Mindmatrix Inc.
7.5.1 Company Overview
7.6 Brainshark, Inc. (Bigtincan Holdings Limited)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.7 Mindtickle Inc.
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Partnerships, Collaborations, and Agreements:
7.8 Qstream, Inc.
7.8.1 Company Overview
7.9 SalesHood, Inc.
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Product Launches and Product Expansions:
7.10. Showpad, Inc.
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Acquisition and Mergers:
TABLE 1 North America Sales Training Software Market, 2018 - 2021, USD Million
TABLE 2 North America Sales Training Software Market, 2022 - 2028, USD Million
TABLE 3 North America Sales Training Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 4 North America Sales Training Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 5 North America Cloud Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Cloud Market by Country, 2022 - 2028, USD Million
TABLE 7 North America On-premise Market by Country, 2018 - 2021, USD Million
TABLE 8 North America On-premise Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Sales Training Software Market by Organization Size, 2018 - 2021, USD Million
TABLE 10 North America Sales Training Software Market by Organization Size, 2022 - 2028, USD Million
TABLE 11 North America Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 13 North America SMEs Market by Country, 2018 - 2021, USD Million
TABLE 14 North America SMEs Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Sales Training Software Market by Vertical, 2018 - 2021, USD Million
TABLE 16 North America Sales Training Software Market by Vertical, 2022 - 2028, USD Million
TABLE 17 North America Retail Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Retail Market by Country, 2022 - 2028, USD Million
TABLE 19 North America BFSI Market by Country, 2018 - 2021, USD Million
TABLE 20 North America BFSI Market by Country, 2022 - 2028, USD Million
TABLE 21 North America IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 22 North America IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Discrete Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Discrete Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Government & Public Sector Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Government & Public Sector Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Automotive Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Automotive Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Healthcare & Life Sciences Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Healthcare & Life Sciences Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Sales Training Software Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Sales Training Software Market by Country, 2022 - 2028, USD Million
TABLE 35 US Sales Training Software Market, 2018 - 2021, USD Million
TABLE 36 US Sales Training Software Market, 2022 - 2028, USD Million
TABLE 37 US Sales Training Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 38 US Sales Training Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 39 US Sales Training Software Market by Organization Size, 2018 - 2021, USD Million
TABLE 40 US Sales Training Software Market by Organization Size, 2022 - 2028, USD Million
TABLE 41 US Sales Training Software Market by Vertical, 2018 - 2021, USD Million
TABLE 42 US Sales Training Software Market by Vertical, 2022 - 2028, USD Million
TABLE 43 Canada Sales Training Software Market, 2018 - 2021, USD Million
TABLE 44 Canada Sales Training Software Market, 2022 - 2028, USD Million
TABLE 45 Canada Sales Training Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 46 Canada Sales Training Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 47 Canada Sales Training Software Market by Organization Size, 2018 - 2021, USD Million
TABLE 48 Canada Sales Training Software Market by Organization Size, 2022 - 2028, USD Million
TABLE 49 Canada Sales Training Software Market by Vertical, 2018 - 2021, USD Million
TABLE 50 Canada Sales Training Software Market by Vertical, 2022 - 2028, USD Million
TABLE 51 Mexico Sales Training Software Market, 2018 - 2021, USD Million
TABLE 52 Mexico Sales Training Software Market, 2022 - 2028, USD Million
TABLE 53 Mexico Sales Training Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 54 Mexico Sales Training Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 55 Mexico Sales Training Software Market by Organization Size, 2018 - 2021, USD Million
TABLE 56 Mexico Sales Training Software Market by Organization Size, 2022 - 2028, USD Million
TABLE 57 Mexico Sales Training Software Market by Vertical, 2018 - 2021, USD Million
TABLE 58 Mexico Sales Training Software Market by Vertical, 2022 - 2028, USD Million
TABLE 59 Rest of North America Sales Training Software Market, 2018 - 2021, USD Million
TABLE 60 Rest of North America Sales Training Software Market, 2022 - 2028, USD Million
TABLE 61 Rest of North America Sales Training Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 62 Rest of North America Sales Training Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 63 Rest of North America Sales Training Software Market by Organization Size, 2018 - 2021, USD Million
TABLE 64 Rest of North America Sales Training Software Market by Organization Size, 2022 - 2028, USD Million
TABLE 65 Rest of North America Sales Training Software Market by Vertical, 2018 - 2021, USD Million
TABLE 66 Rest of North America Sales Training Software Market by Vertical, 2022 - 2028, USD Million
TABLE 67 Key Information – SAP SE
TABLE 68 Key Information –Salesforce.com, Inc.
TABLE 69 Key Information – Allego, Inc.
TABLE 70 Key Information – Zoho Corporation Pvt. Ltd.
TABLE 71 Key Information – Mindmatrix Inc.
TABLE 72 Key Information – Brainshark, Inc.
TABLE 73 Key Information – Mindtickle Inc.
TABLE 74 Key Information – Qstream, Inc.
TABLE 75 Key Information – SalesHood, Inc.
TABLE 76 Key Information – Showpad, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: SAP SE
FIG 3 SWOT Analysis: Salesforce.com Inc.