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Sales Training Software Market Size, Share & Trends Analysis Report by Deployment (On-premise, Cloud), by Enterprise Size (Large, Small & Medium), by End-use (IT & Telecom, BFSI), by Region, and Segment Forecasts, 2022-2030

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  • 120 Pages
  • September 2022
  • Region: Global
  • Grand View Research
  • ID: 5665120
Description Jump to:
The global sales training software market size is anticipated to reach USD 6.11 billion by 2030, registering a CAGR of 14.0% from 2022 to 2030. The industry growth can be attributed to the paradigm shift in the focus of the incumbents of various end-use industries to reduce the time employees spend on repetitive tasks and devote the time saved to other customer engagement and relationship management activities. The sales training software can particularly help end-use enterprises in improving employee productivity, boosting product sales, and utilizing resources efficiently. Benefits associated with the adoption of such software include easy sales content creation and streamlined sales enablement.

The software also offers critical sales metrics measurements. Several organizations are looking to leverage advanced sales enablement solutions featuring technologies, such as Machine Learning (ML) & Artificial Intelligence (AI), to allow their sales and marketing teams more time to close deals and make connections. The AI-powered solution automates various tedious tasks in the sales training, such as generating analytics reports and drafting personalized content as per their interests, & business requirements. AI-driven sales training solutions offer sales teams easy mobile access to significant sales functions, which helps them achieve higher win rates and provide better experiences to prospects.

These advancements are expected to further boost the industry's growth during the forecast period. Key players are investing in R&D to develop innovative solutions to attract potential business clients and, thus, increase revenues. For instance, in October 2020, Highspot unveiled its sales enablement platform, which offers new sales training capabilities with a scorecard function for holistic evaluation and assessment of the sales personnel. The platform allows managers to create and manage virtual sales programs easily and train the sales team to meet sales targets. Managers can also obtain detailed insights into the performances of the sales personnel via a 360-degree analytics report.

Sales Training Software Market Report Highlights

  • The cloud-based segment is expected to grow significantly from 2022 to 2030. Various companies are focusing on migrating their sales training software to a cloud platform to reduce maintenance costs and increase the revenue stream
  • For instance, in April 2022, RAIN GROUP, a sales training company, collaborated with ValueCore, a cloud-based ROI platform company, to enable sales & marketing companies to represent entrancing value propositions to their customers
  • The SME segment is expected to observe a rapid CAGR during the forecast period as SMEs are adopting sales training software to train their marketing & sales representatives to improve their brand identity worldwide in a minimum time
  • The IT & telecom segment is anticipated to experience notable growth during the forecast period as the IT & telecom companies are focusing on increasing the customer retention rate through effective marketing & sales strategy
  • Asia Pacific is expected to register the fastest CAGR from 2022 to 2030 due to the increasing focus of end-use firms on sales training and enablement platforms to convert maximum leads into customers and stay competitive in their respective industries

Table of Contents

Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.2.1 Purchased Database
1.2.2 Internal database
1.2.3 List of secondary sources
1.2.4 Primary Research
1.3 List of Data Sources
1.4 Market Formulation & Publishing
1.5 Data Validation & Publishing
Chapter 2 Executive Summary
2.1 Sales Training Software Market - Industry Snapshot & Key Buying Criteria, 2017 - 2030
2.2 Global Sales Training Software Market, 2017 - 2030
2.2.1 Global sales training software market, By Region, 2017 - 2030 (USD Million)
2.2.2 Global sales training software market, By Deployment, 2017 - 2030 (USD Million)
2.2.3 Global sales training software market, By Enterprise Size, 2017 - 2030 (USD Million)
2.2.4 Global sales training software market, By End Use, 2017 - 2030 (USD Million)
Chapter 3 Sales Training Software Industry Outlook
3.1 Market Segmentation and scope
3.2 Market size and growth prospects
3.3 Sales training software Market Dynamics
3.3.1 Market driver analysis
3.3.2 Market challenge analysis
3.3.3 Market opportunity analysis
3.4 Value Chain Analysis
3.5 Market Analysis Tools
3.5.1 Sales training software Industry Analysis - Porter’s
3.5.2 Sales training software Industry Analysis - PEST
3.6 Impact of COVID on sales training software Market
Chapter 4 Sales Training Software Deployment Outlook
4.1 Sales Training Software Market Share By Deployment, 2021
4.2 Cloud
4.2.1 Cloud sales training software market, by region, 2017 - 2030 (USD Million)
4.3 On-premise
4.3.1 On-premise sales training software market, by region, 2017 - 2030 (USD Million)
Chapter 5 Sales Training Software Enterprise Size Outlook
5.1 Sales Training Software Market Share By Enterprise Size, 2021
5.2 Large Enterprsie
5.2.1 Sales training software market for large enterprise, by region, 2017 - 2030 (USD Million)
5.3 Small & Medium Enterprise
5.3.1 Sales training software market for small & medium enterprise, by region, 2017 - 2030 (USD Million)
Chapter 6 Sales Training Software End-use Outlook
6.1 Sales Training Software Market Share By End Use, 2021
6.2 BFSI
6.2.1 Sales training software market in BFSI, by region, 2017 - 2030 (USD Million)
6.3 Automotive
6.3.1 Sales training software market in automotive, by region, 2017 - 2030 (USD Million)
6.4 Retail
6.3.1 Sales training software market in retail, by region, 2017 - 2030 (USD Million)
6.5 Healthcare
6.5.1 Sales training software market in healthcare, by region, 2017 - 2030 (USD Million)
6.6 IT & Telecom
6.6.1 Sales training software market in IT & telecom, by region, 2017 - 2030 (USD Million)
6.7 Discrete Manufacturing
6.7.1 Sales training software market in discrete manufacturing, by region, 2017 - 2030 (USD Million)
6.8 Government & Education
6.8.1 Sales training software market in government & education, by region, 2017 - 2030 (USD Million)
6.9 Others
6.9.1 Sales training software market in other end use, by region, 2017 - 2030 (USD Million)
Chapter 7 Sales Training Software Regional Outlook
7.1 Sales Training Software Market Share, By Region, 2021 and 2030
7.2 North America
7.2.1 North America sales training software market, 2017 - 2030 (USD Million)
7.2.2 North America Sales Training Software market, by deployment, 2017 - 2030 (USD Million)
7.2.3 North America sales training software market, by enterprise size, 2017 - 2030 (USD Million)
7.2.4 North America sales training software market, by end use, 2017 - 2030 (USD Million)
7.2.5 U.S.
7.2.5.1 U.S. sales training software market, 2017 - 2030 (USD Million)
7.2.5.2 U.S. sales training software market, by deployment, 2017 - 2030 (USD Million)
7.2.5.3 U.S. sales training software market, by enterprise size, 2017 - 2030 (USD Million)
7.2.5.4 U.S. sales training software market, by end use, 2017 - 2030 (USD Million)
7.2.6 Canada
7.2.6.1 Canada sales training software market, 2017 - 2030 (USD Million)
7.2.6.2 Canada sales training software market, by deployment, 2017 - 2030 (USD Million)
7.2.6.3 Canada sales training software market, by enterprise size, 2017 - 2030 (USD Million)
7.2.6.4 Canada sales training software market, by end use, 2017 - 2030 (USD Million)
7.3 Europe
7.3.1 Europe sales training software market, 2017 - 2030 (USD Million)
7.3.2 Europe sales training software market, by deployment, 2017 - 2030 (USD Million)
7.3.3 Europe sales training software market, by enterprise size, 2017 - 2030 (USD Million)
7.3.4 Europe sales training software market, by end use 2017 - 2030 (USD Million)
7.3.5 U.K.
7.3.5.1 U.K. sales training software market, 2017 - 2030 (USD Million)
7.3.5.2 U.K. sales training software market, by deployment, 2017 - 2030 (USD Million)
7.3.5.3 U.K. sales training software market, by enterprise size, 2017 - 2030 (USD Million)
7.3.5.4 U.K. sales training software market, by end use, 2017 - 2030 (USD Million)
7.3.6 Germany
7.3.6.1 Germany sales training software market, 2017 - 2030 (USD Million)
7.3.6.2 Germany sales training software market, by deployment, 2017 - 2030 (USD Million)
7.3.6.3 Germany sales training software market, by enterprise size, 2017 - 2030 (USD Million)
7.3.6.4 Germany sales training software market, by end use, 2017 - 2030 (USD Million)
7.4 Asia Pacific
7.4.1 Asia Pacific sales training software market, 2017 - 2030 (USD Million)
7.4.2 Asia Pacific sales training software market, by deployment, 2017 - 2030 (USD Million)
7.4.3 Asia Pacific sales training software market, by enterprise size, 2017 - 2030 (USD Million)
7.4.4 Asia Pacific sales training software market, by end use, 2017 - 2030 (USD Million)
7.4.5 China
7.4.4.1 China sales training software market, 2017 - 2030 (USD Million)
7.4.4.2 China sales training software market, by deployment, 2017 - 2030 (USD Million)
7.4.4.3 China sales training software market, by enterprise size, 2017 - 2030 (USD Million)
7.4.4.4 China sales training software market, by end use, 2017 - 2030 (USD Million)
7.4.5 India
7.4.5.1 India sales training software market, 2017 - 2030 (USD Million)
7.4.5.2 India sales training software market, by software deployment, 2017 - 2030 (USD Million)
7.4.5.3 India sales training software market, by enterprise size, 2017 - 2030 (USD Million)
7.4.5.4 India sales training software market, by end use, 2017 - 2030 (USD Million)
7.4.6 Japan
7.4.6.1 Japan sales training software market, 2017 - 2030 (USD Million)
7.4.6.1 Japan sales training software market, by deployment, 2017 - 2030 (USD Million)
7.4.6.2 Japan sales training software market, by enterprise size, 2017 - 2030 (USD Million)
7.4.6.4 Japan sales training software market, by end use, 2017 - 2030 (USD Million)
7.5 Latin America
7.5.1 Latin America sales training software market, 2017 - 2030 (USD Million)
7.5.2 Latin America sales training software market, by deployment, 2017 - 2030 (USD Million)
7.5.3 Latin America sales training software market, by enterprise size, 2017 - 2030 (USD Million)
7.5.4 Latin America sales training software market, by end use, 2017 - 2030 (USD Million)
7.5.5 Brazil
7.5.5.1 Brazil sales training software market, 2017 - 2030 (USD Million)
7.5.5.2 Brazil sales training software market, by deployment, 2017 - 2030 (USD Million)
7.5.5.3 Brazil sales training software market, by enterprise size, 2017 - 2030 (USD Million)
7.5.5.4 Brazil sales training software market, by end use, 2017 - 2030 (USD Million)
7.6 MEA
7.6.1 MEA sales training software market, 2017 - 2030 (USD Million)
7.6.2 MEA sales training software market, by deployment, 2017 - 2030 (USD Million)
7.6.3 MEA sales training software market, by enterprise size, 2017 - 2030 (USD Million)
7.6.4 MEA sales training software market, by end use, 2017 - 2030 (USD Million)
Chapter 8 Competitive Analysis
8.1 Recent Developments & Impact Analysis, By Key Market Participant
8.2 Company Categorization
8.3 Vendor Landscape
8.3.1 Sales Training Software Market: Key Company Analysis, 2021
Chapter 9 Competitive Landscape
9.1 Allego
9.1.1 Company overview
9.1.2 Financial performance
9.1.3 Product benchmarking
9.1.4 Strategic initiatives
9.2 Brainshark, Inc.
9.2.1 Company overview
9.2.2 Financial performance
9.2.3 Product benchmarking
9.2.4 Strategic initiatives
9.3 Mindmatrix Inc.
9.3.1 Company overview
9.3.2 Financial performance
9.3.3 Product benchmarking
9.3.4 Strategic initiatives
9.4 Mindtickle Inc.
9.4.1 Company overview
9.4.2 Financial performance
9.4.3 Product benchmarking
9.4.4 Strategic initiatives
9.5 Qstream, Inc.
9.5.1 Company overview
9.5.2 Financial performance
9.5.3 Product benchmarking
9.5.4 Strategic initiatives
9.6 Salesforce, Inc.
9.6.1 Company overview
9.6.2 Financial performance
9.6.3 Product benchmarking
9.6.4 Strategic initiatives
9.7 SalesHood Inc.
9.7.1 Company overview
9.7.2 Financial performance
9.7.3 Product benchmarking
9.7.4 Strategic initiatives
9.8 SAP SE
9.8.1 Company overview
9.8.2 Financial performance
9.8.3 Product benchmarking
9.8.4 Strategic initiatives
9.9 Showpad
9.9.1 Company overview
9.9.2 Financial performance
9.9.3 Product benchmarking
9.9.4 Strategic initiatives
9.10 Zoho Corporation Pvt. Ltd.
9.10.1 Company overview
9.10.2 Financial performance
9.10.3 Product benchmarking
9.10.4 Strategic initiatives
List of Tables
Table 1 Sales training software market - Industry snapshot & key buying criteria, 2017 - 2030
Table 2 Global sales training software market, 2017 - 2030 (USD Million)
Table 3 Global sales training software market, by region, 2017 - 2030 (USD Million)
Table 4 Global sales training software market, by deployment, 2017 - 2030 (USD Million)
Table 5 Global sales training software market, by enterprise size, 2017 - 2030 (USD Million)
Table 6 Global sales training software market, by end use, 2017 - 2030 (USD Million)
Table 7 Cloud sales training software market, 2017 - 2030 (USD Million)
Table 8 Cloud sales training storage software market, by region, 2017 - 2030 (USD Million)
Table 9 On-premise sales training software market, 2017 - 2030 (USD Million)
Table 10 On-premise sales training software market, by region, 2017 - 2030 (USD Million)
Table 11 Sales training software market for large enterprise, 2017 - 2030 (USD Million)
Table 12 Sales training software market for large enterprise, by region, 2017 - 2030 (USD Million)
Table 13 Sales training software market for small & medium enterprise, 2017 - 2030 (USD Million)
Table 14 Sales training software market for small & medium enterprise, by region, 2017 - 2030 (USD Million)
Table 15 Sales training software market in BFSI, 2017 - 2030 (USD Million)
Table 16 Sales training software market in BFSI, by region, 2017 - 2030 (USD Million)
Table 17 Sales training software market in automotive, 2017 - 2030 (USD Million)
Table 18 Sales training software market in automotive, by region, 2017 - 2030 (USD Million)
Table 19 Sales training software market in retail, 2017 - 2030 (USD Million)
Table 20 Sales training software market in retail, by region, 2017 - 2030 (USD Million)
Table 21 Sales training software market in healthcare, 2017 - 2030 (USD Million)
Table 22 Sales training software market in healthcare, by region, 2017 - 2030 (USD Million)
Table 23 Sales training software market in IT & telecom, 2017 - 2030 (USD Million)
Table 24 Sales training software market in IT & telecom, by region, 2017 - 2030 (USD Million)
Table 25 Sales training software market in discrete manufacturing, 2017 - 2030 (USD Million)
Table 26 Sales training software market in discrete manufacturing, by region, 2017 - 2030 (USD Million)
Table 27 Sales training software market in government & education, 2017 - 2030 (USD Million)
Table 28 Sales training software market in government & education, by region, 2017 - 2030 (USD Million)
Table 29 Sales training software market in others, 2017 - 2030 (USD Million)
Table 30 Sales training software market in others, by region, 2017 - 2030 (USD Million)
Table 31 North America sales training software market, 2017 - 2030 (USD Million)
Table 32 North America sales training software market, by deployment, 2017 - 2030 (USD Million)
Table 33 North America sales training software market, by enterprise size, 2017 - 2030 (USD Million)
Table 34 North America sales training software market, by end use, 2017 - 2030 (USD Million)
Table 35 U.S. sales training software market, 2017 - 2030 (USD Million)
Table 36 U.S. sales training software market, by deployment, 2017 - 2030 (USD Million)
Table 37 U.S. sales training software market, by enterprise size, 2017 - 2030 (USD Million)
Table 38 U.S. sales training software market, by end use, 2017 - 2030 (USD Million)
Table 39 Canada sales training software market, 2017 - 2030 (USD Million)
Table 40 Canada sales training software market, by deployment, 2017 - 2030 (USD Million)
Table 41 Canada sales training software market, by enterprise size, 2017 - 2030 (USD Million)
Table 42 Canada sales training software market, by end use, 2017 - 2030 (USD Million)
Table 43 Europe sales training software market, 2017 - 2030 (USD Million)
Table 44 Europe sales training software market, by deployment, 2017 - 2030 (USD Million)
Table 45 Europe sales training software market, by enterprise size, 2017 - 2030 (USD Million)
Table 46 Europe sales training software market, by end use, 2017 - 2030 (USD Million)
Table 47 U.K. sales training software market, 2017 - 2030 (USD Million)
Table 48 U.K. sales training software market, by deployment, 2017 - 2030 (USD Million)
Table 49 U.K. sales training software market, by enterprise size, 2017 - 2030 (USD Million)
Table 50 U.K. sales training software market, by end use, 2017 - 2030 (USD Million)
Table 51 Germany sales training software market, 2017 - 2030 (USD Million)
Table 52 Germany sales training software market, by deployment, 2017 - 2030 (USD Million)
Table 53 Germany sales training software market, by enterprise size, 2017 - 2030 (USD Million)
Table 54 Germany sales training software market, by end use, 2017 - 2030 (USD Million)
Table 55 Asia Pacific sales training software market, 2017 - 2030 (USD Million)
Table 56 Asia Pacific sales training software market, by software deployment, 2017 - 2030 (USD Million)
Table 57 Asia Pacific sales training software market, by enterprise size, 2017 - 2030 (USD Million)
Table 58 Asia Pacific sales training software market, by end use, 2017 - 2030 (USD Million)
Table 59 China sales training software market, 2017 - 2030 (USD Million)
Table 60 China sales training software market, by deployment, 2017 - 2030 (USD Million)
Table 61 China sales training software market, by enterprise size, 2017 - 2030 (USD Million)
Table 62 China sales training software market, by end use, 2017 - 2030 (USD Million)
Table 63 India sales training software market, 2017 - 2030 (USD Million)
Table 64 India sales training software market, by deployment, 2017 - 2030 (USD Million)
Table 65 India sales training software market, by enterprise size, 2017 - 2030 (USD Million)
Table 66 India sales training software market, by end use, 2017 - 2030 (USD Million)
Table 67 Japan sales training software market, 2017 - 2030 (USD Million)
Table 68 Japan sales training software e market, by deployment, 2017 - 2030 (USD Million)
Table 69 Japan sales training software market, by enterprise size, 2017 - 2030 (USD Million)
Table 70 Japan sales training software market, by end use, 2017 - 2030 (USD Million)
Table 71 Latin America sales training software market, 2017 - 2030 (USD Million)
Table 72 Latin America sales training software market, by deployment, 2017 - 2030 (USD Million)
Table 73 Latin America sales training software market, by enterprise size, 2017 - 2030 (USD Million)
Table 74 Latin America sales training software market, by end use, 2017 - 2030 (USD Million)
Table 75 Brazil sales training software market, 2017 - 2030 (USD Million)
Table 76 Brazil sales training software, by deployment, 2017 - 2030 (USD Million)
Table 77 Brazil sales training software market, by enterprise size, 2017 - 2030 (USD Million)
Table 78 Brazil sales training software market, by end use, 2017 - 2030 (USD Million)
Table 79 MEA sales training software market, 2017 - 2030 (USD Million)
Table 80 MEA sales training software market, by deployment, 2017 - 2030 (USD Million)
Table 81 MEA sales training software market, by enterprise size, 2017 - 2030 (USD Million)
Table 82 MEA sales training software market, by end use, 2017 - 2030 (USD Million)
Table 83 Recent developments & impact analysis, by key market participants
List of Figures
Fig.1 Market segmentation and scope
FIG.2 Market size and growth prospects
FIG.3 Market research process
FIG.4 Primary research process
FIG.5 Information Analysis
FIG.6 Data validation and publishing
FIG. 7 Sales training software - Value chain analysis
FIG. 8 Sales training software - Market Dynamics
FIG. 9 Sales training software market - Key market driver impact
FIG. 10 Sales training software market - Key market restraint impact
FIG. 11 Sales training software - Porter’s five forces analysis
FIG. 12 Sales training software - PESTEL analysis
FIG. 13 Sales training software market - Company ranking/share analysis, 2021
FIG. 14 Sales training software market: By deployment outlook & market share, 2021 & 2030
FIG. 15 Sales training software market: By enterprise size outlook & market share, 2021 & 2030
FIG. 16 Sales training software market: By end-use outlook & market share, 2021 & 2030
FIG. 17 Sales training software market: By region outlook & market share, 2021 & 2030

Companies Mentioned

  • Allego
  • Brainshark, Inc.
  • Mindmatrix Inc.
  • Mindtickle Inc.
  • Qstream, Inc.
  • Salesforce, Inc.
  • Saleshood Inc.
  • Sap Se
  • Showpad
  • Zoho Corporation Pvt. Ltd.

Methodology

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Table Information

Report AttributeDetails
No. of Pages120
PublishedSeptember 2022
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 2.14 Billion
Forecasted Market Value ( USD ) by 2030 $ 6.11 Billion
Compound Annual Growth Rate14.0%
Regions CoveredGlobal
No. of Companies Mentioned10

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