Press release
Sales Tech Market is expected to reach US$ 104.4 Billion by 2029, with a CAGR of 16%
Sales Tech Market
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Sales tech is defined as a set of tools that help accelerate and enhance sales productivity by enabling sales reps to use their time and customer intelligence as effectively and efficiently as possible. It's important to note how it differs from sales automation and sales enablement. While both are key components of a holistic sales tech stack, they each play a distinct strategic role. Sales automation uses technology to organize and automate your team's most tedious, repeatable tasks-improving efficiency and giving your reps time to focus on closing the deal. Sales enablement, however, comprises the tools, processes, training, and resources an organization provides to increase rep efficiency and success. Sales automation and sales enablement are subsets of sales tech. The sales tech is primarily split into Customer Relationship Management (CRM),Prospecting and Lead Generation, Sales Automation, Sales Reporting and Management, Project Management, etc.
This report studies and analyses global Sales Tech status and future trends, to help determine the Sales Tech market size of the total market opportunity by Type, by Application, by company, and by region & country. This report is a detailed and comprehensive analysis of the world market for Sales Tech, and provides market size (US$ million) and Year-over-Year growth, considering 2022 as the base year.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
To assess the competitive environment within the market including supplier revenue, market share, and company profiles.
Highlights
(1) Global Sales Tech market size, history data 2018-2023, and forecast data 2024-2029, (US$ million)
(2) Global Sales Tech by company, revenue, market share and industry ranking 2018-2023, (US$ million)
(3) China Sales Tech by company, revenue, market share and industry ranking 2018-2023, (US$ million)
(4) Global Sales Tech key consuming regions, consumption value and demand structure
(5) Sales Tech industry chains, upstream, midstream and downstream
According to HTF MI, the global market for Sales Tech should grow from US$ 36650 million in 2022 to US$ 104470 million by 2029, with a CAGR of 16.3% for the period of 2023-2029.
Leading global sales technology players include Salesforce, LinkedIn, HubSpot, Zoho, and Zoominfo. Globally, the top five players have a share of nearly 66 per cent by revenue. North America is the world's largest market with a market share of about 57 percent, followed by Europe and Asia with about 25 percent and 11 percent, respectively. By product type, customer relationship management (CRM) is the largest market segment, with 47 percent share.
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Market segment by players, this report covers:
Salesforce
HubSpot
Zoho
Zoominfo
Outreach
Freshwork
ClickFunnels
Pipedrive
Sugar CRM
Clari
Mindtickle
Leadpages(Redbrick)
Leadfeeder
Market segment by Type, covers
Customer Relationship Management (CRM)
Prospecting and Lead Generation
Sales Automation
Sales Reporting and Management
Project Management
Others
Market segment by Application, can be divided into:
Medium-sized Enterprises (50 to 249 Employees)
Large Enterprises(Employ 250 or More People)
Market segment by regions, regional analysis covers:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Report Includes:
Chapter 1: to describe Sales Tech product scope, global consumption value, China consumption value, development opportunities, challenges, trends, and policies.
Chapter 2: Global Sales Tech market share and ranking of major manufacturers, revenue, 2018-2023
Chapter 3: China Sales Tech market share and ranking of major manufacturers, revenue, 2018-2023
Chapter 4: Sales Tech industry chain, upstream, medium-stream, and downstream.
Chapter 5: Segment by Type, consumption value, percent & CAGR, 2018-2029
Chapter 6: Segment by Application, consumption value, percent & CAGR, 2018-2029
Chapter 7: Segment in regional level, consumption value, percent & CAGR, 2018-2029
Chapter 8: Segment in country level, consumption value, percent & CAGR, 2018-2029
Chapter 9: Company profile, introducing the basic situation of the main companies in the market in detail, including product specifications, application, recent development, revenue, gross margin.
Chapter 10: Conclusions
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Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
Contact Us :
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketreport.com
Connect with us at LinkedIn | Facebook | Twitter
About Author:
HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.
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