The Global Sales Enablement Platform Market is Predict to reach $9.1 Billion by 2028, at a CAGR of 15.1%

Published Date: 20-Jan-2023

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Sales Enablement Platform Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Sales Enablement Platform Market size is expected to reach $9.1 billion by 2028, rising at a market growth of 15.1% CAGR during the forecast period.

The Services segment is showcasing a CAGR of 16.2% during (2022 - 2028). Services for sales enablement include sales communication, training courses, content development, sales coaching, sales tools, and cutting-edge analytics. Companies can employ advanced analytics to channel outdated systems with the aid of sales enablement services, which also handle implementation and training. Sales enablement services are being used by several suppliers from many industry verticals to increase sales.

The Cloud segment acquired maximum revenue share in the Global Sales Enablement Platform Market by Deployment Mode in 2021 thereby, achieving a market value of $6.4 billion by 2028. For both small and large businesses, cloud enablement services offer a highly scalable platform that makes high-performance computation easier. The adoption of cloud deployment streamlines delivery and lowers running costs. Organizations have suffered data center failures and applications during the COVID-19 pandemic.

The SMEs segment has shown the growth rate of 16.5% during (2022 - 2028). Small and medium-sized businesses (SMEs) have a significant impact on economic growth and employment creation throughout the world. For smaller organizations, sales enablement shortens the sales cycle and boosts revenue. Smaller firms can benefit from sales enablement platforms since they can better the customer experience, shorten the sales cycle, and ensure that the sales crew receives proper training.

The Consumer Goods & Retail segment is leading the Global Sales Enablement Platform Market by End-use in 2021 thereby, achieving a market value of $2.2 billion by 2028. The demand for sales enablement from the consumer products and retail sector has been driven by increasing rivalry from competitor firms, the existence of more cost-sensitive consumers, and a highly varied sales network. The consumer products and retail industries have faced several problems over the years as a result of shifting customer demographics and behavior as well as an increase in the number of aware consumers.

The North America market dominated the Global Sales Enablement Platform Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3.1 billion by 2028. The Europe market is exhibiting a CAGR of 14.3% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 16% during (2022 - 2028).

Full Report:

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 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.

Global Sales Enablement Platform Market Segmentation

By Component

  • Platform (Without Services)
  • Services

By Deployment Mode

  • Cloud
  • On-premises

By Organization Size

  • Large Enterprises
  • SMEs

By End-use

  • Consumer Goods & Retail
  • IT & Telecom
  • Media & Entertainment
  • Manufacturing
  • Healthcare & Lifesciences
  • BFSI
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • 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.

Unique Offerings from KBV Research

  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Related Reports:

North America Sales Enablement Platform Market Future Scope & Opportunities 2022-2028

Europe Sales Enablement Platform Market Size & Growth Forecast 2022-2028

Asia Pacific Sales Enablement Platform Market Size, Share & Industry Outlook to 2028

LAMEA Sales Enablement Platform Market Growth, Trends & Forecasts 2022-2028

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