According to a research report "Sales Intelligence Market by Component (Software and Services), Application (Lead Management, Data Management, Analytics and Reporting, and Others), Organization Size, Deployment Model, Vertical, and Region - Global Forecast to 2024", published by MarketsandMarkets, is expected to grow from USD 2.0 billion in 2019 to USD 3.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast period. Moreover, factors such as infusion of Artificial Intelligence (AI) and Machine Learning (ML) capabilities to automate the pre-sales processes and increasing use of company technographics to identify buying intent and improve prospecting, are expected to create ample opportunities for sales intelligence vendors. The key factors driving the sales intelligence market include the imminent need for advanced software to improve customer targeting and connect rates and growing demand for data enrichment software to improve sales conversions.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=186947489
Software segment to hold a larger market size
during the forecast period
The sales intelligence
market by component covers software and services. The software segment is
estimated to hold a larger market size during the forecast period. This is
mainly due to the integration capabilities of software to integrate with
existing systems, such as Customer Relationship Management (CRM) and marketing
platform, for enabling quality data enrichment and availability of multiple
deployment options. Furthermore, advanced features of sales intelligence
software, such as lead management, data management, analytics and reporting,
and messaging and alerting, fuels the demand for sales intelligence software.
Lead management to hold the largest market
size during the forecast period
The adoption of sales
intelligence software for lead management is high because lead management
provides coverage on entire process starting from lead generation, gathering
insights on leads, and lead scoring to build a comprehensive list of leads.
Lead generation also provides them with effective lead scoring and
account-level insights, thereby helping them improve their prospecting
strategies, which is another factor that adds to the adoption of sales
intelligence for lead management.
Large enterprises to hold the largest market
size during the forecast period
The adoption of sales intelligence
software among large enterprises is high due to increasing competition, and
rising rates of data decay. Sales intelligence software help eliminate such
data inaccuracies with data enrichment capabilities and help companies maintain
edge over their competitors. Furthermore, rising technological proficiency
among the large enterprises further compels large enterprises to adopt sales
intelligence software for improving sales productivity and reducing sales
cycles.
Request a Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=186947489
North
America to account for the largest market size during the forecast period
The global sales intelligence market by region covers 5
major geographic regions, namely, North America, Asia Pacific (APAC), Europe,
Middle East and Africa (MEA), and Latin America. North America is expected to
account for the largest market size during the forecast period due to
increasing technology adoption among North American enterprises for improving
sales productivity and the presence of a large number of sales intelligence
vendors.
Key
Market Players
The major players in the sales intelligence market are
DiscoverOrg (US), Dun & Bradstreet (US), LinkedIn (US), Oracle (US),
Demandbase (US), InsideView (US), Clearbit (US), HG Insights (US), LeadGenius
(US), Infogroup (US), UpLead (US), RelPro (US), DueDil (UK), EverString (US),
RingLead (US), Gryphon Networks (US), List Partners (US), FullContact (US),
Zoho (US), and Yesware (US).
About
MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth
niche opportunities/threats which will impact 70% to 80% of worldwide companies’
revenues. Currently servicing 7500 customers worldwide including 80% of global
Fortune 1000 companies as clients. Almost 75,000 top officers across eight
industries worldwide approach MarketsandMarkets™ for their painpoints around
revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking
global high growth markets following the "Growth Engagement Model –
GEM". The GEM aims at proactive collaboration with the clients to identify
new opportunities, identify most important customers, write "Attack, avoid
and defend" strategies, identify sources of incremental revenues for both
the company and its competitors. MarketsandMarkets™ now coming up with 1,500
MicroQuadrants (Positioning top players across leaders, emerging companies,
innovators, strategic players) annually in high growth emerging segments.
MarketsandMarkets™ is determined to benefit more than 10,000 companies this
year for their revenue planning and help them take their
innovations/disruptions early to the market by providing them research ahead of
the curve.
MarketsandMarkets’s flagship competitive intelligence and market research
platform, "Knowledge Store" connects over 200,000 markets and entire
value chains for deeper understanding of the unmet insights along with market
sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
No comments:
Post a Comment