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Sales Performance Management Global Market Research Report 2022 Size, Share, Growth, Industry Trends | IBM Corporation, Callidus Software Inc., Gryphon Networks, CellarStone, Zoho Corporation Pvt. Ltd.
The global sales performance management market report by the business research company identifies increasing automation is expected to propel the growth of the SPM market going forward. Automation is a set of operational and analytical functions used to automate and combine back-office operational sales activities. Major players in the SPM market are adopting automation processes to increase operational efficiency and effectiveness. For instance, according to Oracle Netsuite, a US-based computer software company, the number of organizations in the United States that have fully automated at least one function has risen to 31% in 2020. Also, 60% of US retailers implemented AI and automated processes in 2020, up from 35% during the prior year. Hence, the increasing automation in business and business processes will drive the market for SPM.The global sales performance management market size is expected to grow from $4.77 billion in 2021 to $5.68 billion in 2022 at a compound annual growth rate (CAGR) of 19.3%. The global SPM market size is expected to reach $10.47 billion in 2026 at a CAGR of 16.5%.
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North America was the largest region in the sales performance management market in 2021. Asia-Pacific is expected to be the fastest-growing region in global SPM market forecast period. The regions covered in the global SPM market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the sales performance management market are SAP, Oracle, Xactly, Anaplan, Varicent, beqom, Salesforce, Iconixx, IBM Corporation, Callidus Software Inc., Gryphon Networks, CellarStone, Zoho Corporation Pvt. Ltd., and Microsoft Corporation.
The global sales performance management market is segmented -
1) By Component: Solutions, Services
2) By Organization: Large Enterprises, Small and Medium-Sized Enterprises (SMEs)
3) By Deployment: On-Premises, Cloud
4) By Vertical: BFSI, Telecommunications, Manufacturing, Energy and Utilities, Consumer Goods and Retail, Healthcare and Pharmaceuticals, Others
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The Sales performance management Market Report Contents Include
1. Executive Summary
2. Sales Performance Management Market Characteristics
3. Sales Performance Management Market Trends And Strategies
4. Impact Of COVID-19 On Sales Performance Management
5. Sales Performance Management Market Size And Growth
.....
26. Africa Sales Performance Management Market
27. Sales Performance Management Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Sales Performance Management Market
29. Sales Performance Management Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the sales performance management market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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