Sales Intelligence Market Opportunities 2023-2030 |Zoominfo, Discoverorg, Insideview
Published Via 11Press : According to HTF MI Latest Report, The Global Sales Intelligence Market is expected to see a growth rate of 10.7% and may see a market size of USD 7.35 Bn by 2028, currently pegged at USD 2.78 Bn.
The salesperson can decide on the selling cycle with the use of sales intelligence. It includes instruments, procedures, and methods for gathering, monitoring, and analyzing data. The market for sales intelligence is primarily driven by the rise of big data analytics and the demand for more individualized client experiences, while implementation complexity and high host costs are impeding its expansion. Nevertheless, it is anticipated that the market will keep growing in the future due to the significant potential offered by integration with emerging technologies and the rising demand for predictive analytics.
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To provide a more comprehensive view of the competitive landscape, a recent research study is being conducted on the global sales intelligence market to analyze the performance of undervalued sales intelligence tools. The study employs a blend of quantitative market statistics and qualitative data to evaluate the revenue generated by major business categories and end-user applications across the globe. This analysis covers the period from 2018 to 2022, with projections extending until 2028*.
The market for sales intelligence is expanding as a result of the rising need for personalized customer experiences and the emergence of big data and analytics. The demand for sales intelligence solutions that can provide pertinent consumer insights is increasing as businesses focus on providing customers with personalized experiences. Solutions for sales intelligence can aid firms in better comprehending the wants, preferences, and behaviors of their consumers and using this knowledge to produce more individualized encounters.
Sales Intelligence Market Key Players
Below are the most prominent enterprise Sales Intelligence industry players.
- Zoominfo (United States),
- Discoverorg (United States),
- Insideview (United States),
- Dun & Bradstreet (United States),
- Linkedin Sales Navigator (United States),
- Clearbit (United States),
- Leadgenius (United States),
- io (United States),
- Fullcontact (United States),
- Salesintel (United States)
Sales Intelligence Market Key Business Segments
By Product Type
- Lead Management,
- Lead Generation,
- Customer Relationship Management (CRM),
- Sales Forecasting,
- Market Analytics
By End Use Application
- Healthcare,
- BFSI,
- Retail,,
- Manufacturing,
- Others
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Major Market Developments and Activities:
On June 21, 2022, leading European sales intelligence firm Echobot and top-tier online visitor intelligence provider Lead Feeder made their intentions known. Great Hill Partners, a growth equity firm that specializes in high-growth, innovative enterprises, has provided €180 million to support the merger and help the newly created company with accelerating growth, increasing go-to-market skills, and maintaining product innovation.
Great Hill offered an additional €50 million for the combined company to employ for strategic acquisitions. On June 15, 2022, prominent data and sales intelligence firms Apollo, Clearbit, and Cognism announced new collaborations with Gong, the Reality Platform that leverages AI to transform go-to-market teams. Due to integration with the partners’ excellent contact enrichment capabilities, sales professionals will benefit from considerable insights and autonomous actions from Gong, enabling them to close more deals more efficiently.
Market Growth Drivers
- The market for sales intelligence is expanding as a result of rising consumer demand for personalized customer experiences and the emergence of big data and analytics.
- The demand for sales intelligence solutions that can provide pertinent consumer insights is increasing as businesses focus on providing customers with personalized experiences. Solutions for sales intelligence can aid firms in better comprehending the wants, preferences, and behaviors of their consumers and using this knowledge to produce more individualized encounters.
- Businesses now have access to a wealth of data thanks to the development of big data and analytics, which can be utilized to boost sales and enhance consumer experiences.
- Solutions for sales intelligence can gather, examine, and analyze this data to offer insightful information that can assist firms in making decisions.
Opportunity
- The incorporation of cutting-edge technologies like artificial intelligence (AI), machine learning (ML), and natural language processing (NLP) is anticipated to have positive effects on the sales intelligence market.
- With the help of these technologies, data analysis can be done more quickly and accurately while also giving organizations more thorough insights. Predictive analytics capabilities that can aid businesses in anticipating client requirements and behaviors are becoming more and more in demand.
- Sales intelligence systems equipped with predictive analytics capabilities are in a favorable position to meet this demand. HTF Market Intelligence utilizes a practical and targeted research methodology to analyze critical market dynamics across various international regions. Our analysts also conduct comprehensive analyses of geographical areas, enabling businesses and clients to dominate in specialized markets and expand in emerging markets worldwide.
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This market research study highlights how the market’s growth is impacted by the ever-changing landscape of players. Moreover, our market researchers conduct a thorough examination of the products and services offered by various players competing for market dominance.
Restraints
- The implementation’s complexity and cost are impeding the market’s expansion for sales intelligence. Adopting and implementing a sales intelligence solution can be difficult and time-consuming, and it may necessitate considerable modifications to a company’s current systems and processes.
- Adoption may be hampered by this, especially for smaller companies with constrained funding. Solutions for sales intelligence can be costly, especially for companies with large sales teams or complicated data sets.
- This may hinder their capacity to compete with larger companies and make it harder for smaller enterprises to purchase these solutions.
Major Development in the Sales Intelligence Market
Report Highlights
| Report Attributes | Details |
| CAGR | 10.7 % |
| Market Forecast (2029) | USD 7.35 Bn |
| Current Market Size (2022) | USD 2.78 Bn |
| Dominating Segment | Lead Management |
| Major Players Profiled | Discoverorg (United States), Insideview (United States), Salesintel (United States), Zoominfo (United States), Dun & Bradstreet (United States), Linkedin Sales Navigator (United States), Clearbit (United States), Leadgenius (United States), Adapt.io (United States), Fullcontact (United States), |
| Base Year | 2022 |
Individualization of the Report
In addition to providing detailed market forecasts, HTF Market Intelligence delivers significant value-added insights on the following subjects:
- Market trends
- Technological advancements and innovations
- Growth drivers and restraints in the sales intelligence market
- Market maturity indicators
- Analysis of entry/exit barriers and new players in the sales intelligence market
- An unbiased assessment of market performance and indicators
- Identification of key business segments, market propositions, and gap analysis in the sales intelligence industry
All of these insights can assist businesses in seizing profitable market opportunities.
In Light of This Difficult Setting, A Sales Intelligence Study Examines
- The current state of play and major features of the sales intelligence market. HTF Market Intelligence analysts organized and conducted surveys of the companies in the sales intelligence business to put an end to this. The resulting snapshot provides a platform for comprehending the reasons for and ways in which the industry might be anticipated to evolve.
- The direction and expansion of the sales intelligence sector. Financial analysis, polls, and industry consultants are used to derive insights.
- How can each organization in this broad group of competitors negotiate the Sales Intelligence Market’s emerging competitive landscape and adopt a business strategy to maintain and advance the position they may claim or seize the new addressable opportunity?
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