Global Sales Intelligence Market Forecast to 2030
The sales intelligence market size was USD 5.60 billion in 2021 and is expected to register a revenue CAGR of 11% during the forecast period, according to the latest analysis by Emergen Research. Rising demand for data enrichment solutions to improve sales conversion is a major factor driving growth in the global market. Data enrichment enables businesses to maximize their data, which opens up new marketing opportunities, communication channels, and improved customer targeting. In addition, content optimization tools aid in the selection of appropriate topics and the use of appropriate keywords in the content. Moreover, content marketing is used by over 90% of firms to communicate with customers, and about 4.4 million blog articles are created every day. Furthermore, with so much new content being created every day, there's a greater danger of content overload. As a result, sales intelligence assists organizations in achieving top rankings for content pieces that they post each day or week, as 70% to 90% of web traffic visits the first page of search results.
The comprehensive and significant market research study on Sales Intelligence offers business strategies, qualitative and quantitative analyses, and emerging trends. The report provides an in-depth examination and analysis of the key elements of the global Sales Intelligence market. By conducting extensive primary and secondary research and analyzing the drivers, constraints, challenges, trends, and opportunities of the Sales Intelligence market, the research analysts created this report.
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Competitive Terrain:
The global Sales Intelligence industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Leadgenius, Duedil, Gryphon Networks, Everstring Technology, Zoho Corporation Pvt. Ltd., Discoverorg, Infogroup.com, Oracle, Clearbit, and Insideview
Research Report on the Sales Intelligence Market Addresses the Following Key Questions:
- Who are the dominant players of the Sales Intelligence market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Sales Intelligence market?
- What are the key growth drivers and restraining factors of the Sales Intelligence market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Sales Intelligence market and its key segments?
Market Overview:
The report bifurcates the Sales Intelligence market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- Component Outlook (Revenue, USD Billion; 2019–2030)
- Software
- Services
- Deployment Mode Outlook (Revenue, USD Billion; 2019–2030)
- Cloud
- On-Premises
- Application Outlook (Revenue, USD Billion; 2019–2030)
- Lead Management
- Analytics Reporting
- Data Management
- Others
Regional Landscape section of the Sales Intelligence report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Some Key Highlights From the Report
- The software segment is expected to register a steady growth throughout the forecast period due to some advanced features of SI software such as lead management, data management, analytics reporting, and messaging alerts. By merging internal and external data, companies can utilize sales intelligence software to increase sales and optimize sales operations.
- The cloud segment is expected to register significant market revenue growth. Sales cloud could aid businesses in improving forecast accuracy, identifying high-risk deals, and increasing closing rates with help of built-in Artificial Intelligence (AI), that suggests which tasks or interactions should be undertaken to improve forecast accuracy.
- The lead management segment is expected to grow considerably due to introduction of new and advanced lead management tools and software to close business deals at an improved rate.
- The IT telecom segment is expected to register a steady growth owing to widespread use of sales intelligence tools for various applications throughout the IT telecom sector.
- The North America market is expected to register considerable growth due to increasing usage of sales intelligence solutions in the retail sector in multiple countries across the region.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Sales Intelligence market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Points of the Geographical Analysis:
- Data and information related to the consumption rate in each region
- Estimated increase in the consumption rate
- Proposed growth of the market share of each region
- Geographical contribution to market revenue
- Expected growth rate of the regional markets
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