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Global Sales Training Software Market Size study & Forecast, by Deployment (On-premise and Cloud) by Enterprise Size (Large, Small & Medium), by End Use (BFSI, Automotive, Retail, Healthcare, IT & Telecom, Discrete Manufacturing, Government & Education and Others) and Regional Analysis, 2022-2029

January 2023 | 200 pages | ID: GC65BB52DEF2EN
Bizwit Research & Consulting LLP

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Global Sales Training Software Market is valued at approximately USD 1.92 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 13.8% over the forecast period 2022-2029. With the help of sales training software, representatives may ramp up more quickly, develop their selling abilities, and be successful. The expansion of the industry can be attributed to intensifying corporate competitiveness and evolving company requirements. Small- and medium-sized businesses (SMEs) and major corporations often spend money on training their sales staff and other teams. Additionally, there is significant development potential due to the growing use of Customer Relationship Management (CRM) software, which offers sales enablement tools to promote effective collaboration with other sales professionals.

According to Statista, the worldwide Customer relationship management software in the year 2019 stood at USD 56.5 billion which increased to USD 69 billion in the year 2020. As a result, the rising revenue is indicating the rising adoption of customer relationship software among organizations, which is leading the growth of the market. Furthermore, rising demand from end-use industry and advancements in emerging technologies, such as Artificial Intelligence (AI), big data analytics, and cloud computing is creating lucrative growth in the market. However, the high cost of Sales Training Software stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Sales Training Software Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Among these regions, North America holds the largest share owing to the availability of a variety of programmes provided by Information Technology (IT) companies, combined with adaptable modules, which can be credited with the region's success. Additionally, a sizeable portion of students is quickly converting to mobile-based IT learning. They can now use their gadgets to obtain information at any time and from anywhere. Additionally, expanding company prospects and ongoing technological advancements have significantly impacted regional market expansion. To satisfy client expectations, major American businesses are investing in sales training and performance management software. Furthermore, Asia Pacific holds the fastest share owing to factors such as The growing implementation of advanced technologies, such as Artificial Intelligence (AI) as well as Machine Learning (ML).

Major market player included in this report are:
Allego
Brainshark, Inc.
Mindmatrix Inc.
Mindtickle Inc.
Qstream, Inc.
Salesforce, Inc.
SalesHood Inc.
SAP SE
Showpad
Zoho Corporation Pvt. Ltd.

Recent Developments in the Market:
In February 2022, Sales Readiness Group (SRG), announced the introduction of a new executive-level selling training program named “Selling to Key Executives™. A brand-new, interesting training called Selling to Key Executives teaches salespeople how to effectively deal with executive-level customers. Sales executives, account managers, business development managers, and other salespeople who interact with senior executives can all benefit from this advanced sales training programme.
In December 2021, Korsgaden International, a provider of financial services, collaborated with Allego to offer its sales training services. With the help of this collaboration, Korsgaden International will be able to offer its clients consulting and training services while utilising the Allego sales enablement platform, enabling sales transformation for achieving revenue targets in the constantly evolving insurance and financial services sectors.

Global Sales Training Software Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Deployment, Enterprise Size, End Use, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Deployment offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Deployment:
On-premise
Cloud
By Enterprise Size:
Large
Small & Medium
By End Use:
BFSI
Automotive
Retail
Healthcare
IT & Telecom
Discrete Manufacturing
Government & Education
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
  1.2.1. Sales Training Software Market, by Region, 2019-2029 (USD Billion)
  1.2.2. Sales Training Software Market, by Deployment, 2019-2029 (USD Billion)
  1.2.3. Sales Training Software Market, by Enterprise Size, 2019-2029 (USD Billion)
  1.2.4. Sales Training Software Market, by End Use, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL SALES TRAINING SOFTWARE MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL SALES TRAINING SOFTWARE MARKET DYNAMICS

3.1. Sales Training Software Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Rising adoption of Customer Relationship Management (CRM) software
    3.1.1.2. Rising demand from end-use industry
  3.1.2. Market Challenges
    3.1.2.1. High Cost of Sales Training Software
  3.1.3. Market Opportunities
    3.1.3.1. Advancements in emerging technologies, such as Artificial Intelligence (AI), big data analytics, and cloud computing.

CHAPTER 4. GLOBAL SALES TRAINING SOFTWARE MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL SALES TRAINING SOFTWARE MARKET, BY DEPLOYMENT

6.1. Market Snapshot
6.2. Global Sales Training Software Market by Deployment, Performance - Potential Analysis
6.3. Global Sales Training Software Market Estimates & Forecasts by Deployment 2019-2029 (USD Billion)
6.4. Sales Training Software Market, Sub Segment Analysis
  6.4.1. On-premise
  6.4.2. Cloud

CHAPTER 7. GLOBAL SALES TRAINING SOFTWARE MARKET, BY ENTERPRISE SIZE

7.1. Market Snapshot
7.2. Global Sales Training Software Market by Enterprise Size, Performance - Potential Analysis
7.3. Global Sales Training Software Market Estimates & Forecasts by Enterprise Size 2019-2029 (USD Billion)
7.4. Sales Training Software Market, Sub Segment Analysis
  7.4.1. Large
  7.4.2. Small & Medium

CHAPTER 8. GLOBAL SALES TRAINING SOFTWARE MARKET, BY END USE

8.1. Market Snapshot
8.2. Global Sales Training Software Market by End Use, Performance - Potential Analysis
8.3. Global Sales Training Software Market Estimates & Forecasts by End Use 2019-2029 (USD Billion)
8.4. Sales Training Software Market, Sub Segment Analysis
  8.4.1. BFSI
  8.4.2. Automotive
  8.4.3. Retail
  8.4.4. Healthcare
  8.4.5. IT & Telecom
  8.4.6. Discrete Manufacturing
  8.4.7. Government & Education
  8.4.8. Others

CHAPTER 9. GLOBAL SALES TRAINING SOFTWARE MARKET, REGIONAL ANALYSIS

9.1. Sales Training Software Market, Regional Market Snapshot
9.2. North America Sales Training Software Market
  9.2.1. U.S. Sales Training Software Market
    9.2.1.1. Deployment breakdown estimates & forecasts, 2019-2029
    9.2.1.2. Enterprise Size breakdown estimates & forecasts, 2019-2029
    9.2.1.3. End Use breakdown estimates & forecasts, 2019-2029
  9.2.2. Canada Sales Training Software Market
9.3. Europe Sales Training Software Market Snapshot
  9.3.1. U.K. Sales Training Software Market
  9.3.2. Germany Sales Training Software Market
  9.3.3. France Sales Training Software Market
  9.3.4. Spain Sales Training Software Market
  9.3.5. Italy Sales Training Software Market
  9.3.6. Rest of Europe Sales Training Software Market
9.4. Asia-Pacific Sales Training Software Market Snapshot
  9.4.1. China Sales Training Software Market
  9.4.2. India Sales Training Software Market
  9.4.3. Japan Sales Training Software Market
  9.4.4. Australia Sales Training Software Market
  9.4.5. South Korea Sales Training Software Market
  9.4.6. Rest of Asia Pacific Sales Training Software Market
9.5. Latin America Sales Training Software Market Snapshot
  9.5.1. Brazil Sales Training Software Market
  9.5.2. Mexico Sales Training Software Market
9.6. Rest of The World Sales Training Software Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Top Market Strategies
10.2. Company Profiles
  10.2.1. Allego
    10.2.1.1. Key Information
    10.2.1.2. Overview
    10.2.1.3. Financial (Subject to Data Availability)
    10.2.1.4. Product Summary
    10.2.1.5. Recent Developments
  10.2.2. Brainshark, Inc.
  10.2.3. Mindmatrix Inc.
  10.2.4. Mindtickle Inc.
  10.2.5. Qstream, Inc.
  10.2.6. Salesforce, Inc.
  10.2.7. SalesHood Inc.
  10.2.8. SAP SE
  10.2.9. Showpad
  10.2.10. Zoho Corporation Pvt. Ltd.

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Sales Training Software Market, report scope
TABLE 2. Global Sales Training Software Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Sales Training Software Market estimates & forecasts by Deployment 2019-2029 (USD Billion)
TABLE 4. Global Sales Training Software Market estimates & forecasts by Enterprise Size 2019-2029 (USD Billion)
TABLE 5. Global Sales Training Software Market estimates & forecasts by End Use 2019-2029 (USD Billion)
TABLE 6. Global Sales Training Software Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Sales Training Software Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Sales Training Software Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Sales Training Software Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Sales Training Software Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Sales Training Software Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Sales Training Software Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Sales Training Software Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Sales Training Software Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Sales Training Software Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Sales Training Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Sales Training Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Sales Training Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Sales Training Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Sales Training Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Sales Training Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Sales Training Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Sales Training Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Sales Training Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Sales Training Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Sales Training Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Sales Training Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Sales Training Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Sales Training Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Sales Training Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Sales Training Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Sales Training Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Sales Training Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Sales Training Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Sales Training Software Market
TABLE 71. List of primary sources, used in the study of global Sales Training Software Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Sales Training Software Market, research methodology
FIG 2. Global Sales Training Software Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Sales Training Software Market, key trends 2021
FIG 5. Global Sales Training Software Market, growth prospects 2022-2029
FIG 6. Global Sales Training Software Market, porters 5 force model
FIG 7. Global Sales Training Software Market, pest analysis
FIG 8. Global Sales Training Software Market, value chain analysis
FIG 9. Global Sales Training Software Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Sales Training Software Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Sales Training Software Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Sales Training Software Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Sales Training Software Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Sales Training Software Market, regional snapshot 2019 & 2029
FIG 15. North America Sales Training Software Market 2019 & 2029 (USD Billion)
FIG 16. Europe Sales Training Software Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Sales Training Software Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Sales Training Software Market 2019 & 2029 (USD Billion)
FIG 19. Global Sales Training Software Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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