Global Sales Enablement Software Market Size, Trends and Growth opportunity, By Component (platform, training and support), By Organization size (large enterprises and small and medium sized enterprises), By Deployment Type (on premises and cloud),By End

Global Sales Enablement Software Market Size, Trends and Growth opportunity, By component(platform, training and support), By organization size (large enterprises and small and medium sizedenterprises), By deployment type (on premises and cloud),By end user industry (BFSI, consumer>goods and retail, IT and Telecom, media and entertainment, healthcare and life sciences,manufacturing and other end-user industries),By region and forecast till 2027.

Global Sales Enablement Software Market

The global sales enablement software market was valued at US$2.02 billion in 2021 and it is

expected to reach at US$9.8 billion in 2027 at a CAGR of 18% during forecast period 2022-2027.

The sales enablement software is a strong instrument that is employed to improve the operational

performance for sales in any corporate organisation through the successful alignment of the sales

and marketing teams. The marketing and sales teams' strategic alignment helped the company, and

this in turn benefited the organization. The global digital transformation has led to a huge increase in

the use of sales enablement platforms. One of the factors driving the market's growth is the

increasing demand from businesses to improve their business processes.

Market Drivers

A consolidated platform for effectively managing sales processes is provided by the sales

enablement platform for organizations. The demand for sales enablement platforms in the global

market is anticipated to increase as firms place a greater emphasis on automating and improving

their sales processes. The sales enablement software has been embraced by the IT and telecom

sector vertical to significantly increase their subscriber business value through a creative sales

approach. The sales enablement platform gives sales teams better content, which, when combined

with recommendations from content engagement analytics, helps close transactions more quickly.

Market Restraints

The shifting consumer tastes brought on by the rise in lifestyle because inconsistent user

experiences are predicted to impede market expansion, sales enablement platforms must provide a

customer-centric experience. The use of a poor user interface restricts the adoption of software

products and reduces productivity.

Market Segmentation

The global sales enablement software market segmented on the basis of component, organization

size and deployment type. On the basis of component it segmented into platform, training and

support. On the basis of organization size it segmented into large enterprises and small and medium

sized enterprises. On the basis of deployment type it segmented into on premises and cloud. On the

basis of end user industry it segmented into BFSI, consumer goods and retail, IT and Telecom, media

and entertainment, healthcare and life sciences, manufacturing and other end-user industries.

Regional Analysis

The global sales enablement software market segmented into five regions North America, Europe,

Latin America, Asia Pacific, Middle East and Africa. The sales enablement software market is

predicted to be dominated by North America. Businesses are focusing on offering the best goods

and services to stay ahead in the region's fiercely competitive industry. Customers' purchasing habits

have altered as a result of the increased use of communication, Internet, and mobile devices. Due to

the region's rapid economic development and increasing use of cutting-edge technology to enhance

corporate operations, the Asia Pacific sales enablement software market is anticipated to expand at

a noteworthy CAGR during the forecast period.

Key Players

Various key players are listed in this report such as SAP SE, Highspot, Agile CRM, verbTEAMS, Upland

Software, Inc., Seismic, Bigtincan, Holdings Limited, Mindtickle Inc., and Showpad.

Market Taxonomy

By Component

Platform

Training

Support

By Organization Size

Large Enterprises

Small And Medium Sized Enterprises

By Deployment Type

On Premises

Cloud

By End User Industry

BFSI

Consumer Goods And Retail

IT And Telecom

Media And Entertainment

Healthcare And Life Sciences

Manufacturing

Other End-User Industries

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Key Question Addressed by the Report

What are the Key Opportunities in Global Sales Enablement Software Market?

What will be the growth rate from 2022 to 2027.

Which segment/region will have highest growth?

What are the factors that will impact/drive the Market?

What is the role of key players in the value chain?

What is the competitive Landscape in the industry?