Press release
Sales Force Automation Market 2018 Global Leaders: SAP SE, SugarCRM, Zoho, Aptean Software Company, Bullhorn, Microsoft, NetSuite, Oracle, Pegasystems, Salesforce.com
Market Research Future published a research report on “Sales Force Automation Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.Sales Force Automation Global Market - Overview
The Global Sales force automation Market is growing with the rapid pace; mainly due to the rising incidents of safety issues. According to a recent study report published by the Market Research Future, The global market of Sales force automation is growing rapidly and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).
The Sales force automation (SFA) software is a type of program which automates business tasks. Different processes such as sales processing, inventory control, and tracking of customer interactions, as well as analysing sales forecasts and performance can be automated using sales force automation software.
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The sales force automation package includes an e-mail package, a web-ready database, and customizable templates. It is a three-tiered architecture which is used to separate the database, server, and application to reduce programming demands on clients. Custom versions are developed specifically to address niche needs of businesses. Growing demand for lead management and opportunity management has been the factor that has contributed to the need for sales force automation software.
The Global Sales Force Automation Market is driven by need to streamline sales processes to improve the ROI and to reduce manual efforts required to manage sales data. On the other hand, lack of awareness towards the software and dearth of skilled professionals required for installations related to the software hindering the growth of sales force automation market.
The global sales force automation market is expected to grow at USD ~8 Billion by 2023, at ~10% of CAGR between 2017 and 2023.
Global Sales Force Automation Market Segmentation
The global sales force automation are bifurcated into software, organization type, application and region. The software on-premise salesforce automation system, software-as-a-service (SaaS) salesforce automation system, cloud-based salesforce automation system and others. The organization type includes small-medium scale size enterprise, large scale enterprises and others. The end-users includes healthcare, automotive, media & entertainments, financial sector and others. The region includes North America, Europe, Asia Pacific and rest of the world
Market Research Analysis:
On geographic basis, global sales force automation market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with largest market share growth in the sales force automation market due to the major companies are investing for the for providing the better solution to satisfy the customers. In this market, Europe is to be estimated to be the second largest market share for sales force automation during the forecast period.
Industry News
Dec. 2017 - NetSuite Added Three New Partners to drive the growth with Cloud ERP. Oracle NetSuite, one of the leading providers of cloud-based financials / ERP, HR, Professional Services Automation (PSA) and Omni channel commerce software suites. It announced the addition of new partners to NetSuite's Solution Provider Program and Alliance Partner Program. Apps Associates, BTM Global and iSP3 are expanding their longtime Oracle partner relationships to add NetSuite practices to their portfolio. Partnering with NetSuite allows them to help organizations in a range of industries improve operational efficiency, business agility, customer focus and data-driven decision-making.
Dec. 2017 - Krow Software has upgraded its professional services automation (PSA) platform, which is built natively on Salesforce.com. The PSA platforms focus specifically on IT services but Krow PSA would now offer a broader approach which would address project management capabilities.
Dec. 2017- Kimble that is a global leader in professional services automation software, has unveiled a new add-on product built on the Salesforce Community Cloud so as to increase the ease with which users can collaborate with their customers.
Key players
The prominent players in the global sales force automation market are – Aptean Software Company (U.S.), Bullhorn Inc.(U.S.), Microsoft Corporation (U.S.), NetSuite Inc. (U.S.), Oracle Corporation (U.S.), Pegasystems Inc. (U.S.), Sage Group Plc. (U.K), Salesforce.com Inc. (U.S.), SAP SE(Germany), SugarCRM (U.S.), and Zoho Corporation (India) among others.
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Intended Audience
• Sales force automation manufacturing companies
• Product sales and distribution companies
• Government regulatory authorities
• Sales force automation providers
• Research and development companies
• Market research and consulting firms
• Solution providers
• Technology standards organizations
• Technology investors
• System Integrators
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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