The sales intelligence software market is expected to escalate at a CAGR of 10.4% from USD 3.1 billion in 2022 to USD 8.4 billion through 2032.
The COVID-19 pandemic has positively affected the market for sales intelligence software as a result of increased investments made by different companies in cutting-edge technologies like AI and machine learning, as well as the rising demand for sales intelligence software among businesses to identify potential customers and enhance market growth opportunities.
The market for sales intelligence software is expanding as a result of increased demand for data enrichment software to increase sales conversions and immediate need for sales intelligence software to improve customer targeting and connect rates.
Factors like the adoption of AI and ML capabilities to automate pre-sales activities and the greater use of corporate techno graphics to ascertain buying intent and improve prospecting are expected to be advantageous for sales intelligence vendors.
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The sales intelligence software market is growing due to the rapid use of enhanced solutions for better client targeting. Furthermore, the sales intelligence software market’s growth is aided by an increase in demand for content optimization and data enrichment technologies.
Sales intelligence software market expansion is hampered by differences in industry-specific needs, data protection, and the accuracy rate of company/client information. Infusion of AI and ML capabilities to automate pre-sales procedures, on the other hand, is likely to provide lucrative potential for sales intelligence software market advancement throughout the forecast period.
Due to rising technology adoption among North American organizations for enhancing sales efficiency and the existence of a large number of sales intelligence suppliers, North America is likely to account for the biggest sales intelligence software market size throughout the projection period.
KEY TAKEAWAYS:
- The sales intelligence software market is predicted to develop at a CAGR of 10.1% in the software section of the offering category.
- The CAGR for the lead management segment of the deployment method category in sales intelligence software market is anticipated to be 9.7% through 2032.
- In the United States, the sales intelligence software market is estimated to reach US$ 3 billion by 2032, rising at a CAGR of 10.2% throughout the forecast period.
- By 2032, the sales intelligence software market in the United Kingdom is expected to be valued US$ 348.7 Million, with a CAGR of 9.4% through 2032.
- With a CAGR of 9.9% throughout the forecast period, China is expected to reach a market size of US$ 607.1 Million in sales intelligence software market by 2032.
- By 2032, the market for sales intelligence software in Japan is estimated to be worth US$ 493 Million, growing at an annual rate of 8.9% through 2032.
- With a CAGR of 7.6% throughout the forecast period, South Korea is predicted to reach a market size of US$ 276.5 Million in sales intelligence software by 2032.
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COMPETITIVE LANDSCAPE:
Key companies profiled in the sales intelligence software market report include DiscoverOrg Dun & Bradstreet, LinkedIn, Oracle, Demandbase, InsideView, Clearbit, HG Insights, LeadGenius, Infogroup, LeadGenius, Infogroup, UpLead, RelPro, DueDil, EverString, RingLead, Gryphon Networks, List Partners.
The research offers a detailed competition analysis of these top sales intelligence software market competitors, including company biographies, recent developments, and important sales intelligence software market strategies.
Key Segments
By Offering:
- Software
- Service
By Application:
- Analytics and Reporting
- Data Management
- Lead Management
- Others
By Deployment Mode:
- Cloud
- On-Premise
By Organization Size:
- SMEs
- Large Enterprises
By Vertical:
- BFSI
- IT & Telecom
- Retail & E-Commerce
- Healthcare
- Media & Entertainment
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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Author:
Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.
He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.
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