NEW YORK, June 23, 2023 /PRNewswire/ — Sales Intelligence Market report goes into detail on market segmentation by deployment (cloud-based and on-premise), component (software and services), and geography (North America, Europe, APAC, Middle East and Africa, and South America). The cloud-based sector will earn a significant market share throughout the forecast period. Automation may be combined with other healthcare software systems, such as online booking and web-based payment and billing software, because of its cloud-based implementation.
According to projections, the market will grow by USD 2,940.9 million. Rising cloud-based solution usage is one of the factors driving the market for Sales Intelligence globally. Other factors such as custom-made solutions are becoming increasingly popular and are expected to increase demand, and rising investment in R&D. Between 2022 and 2027, the market for Sales Intelligence is anticipated to expand at a CAGR of 14.76%.
Major sales intelligence market trends:
An important trend in the market for sales Intelligence is the artificial intelligence and automation in consulting procedures. AI and automation are rapidly being employed in consulting operations in the worldwide sales intelligence market to improve the efficacy, precision, and speed of data analysis and insight production. Furthermore, automation and AI are being employed in consulting practices in a number of ways, including:
Data collection and processing: AI algorithms and automation systems can collect and analyze massive amounts of data from a variety of sources, including social media, news articles, and online directories. As a consequence, sales intelligence providers will find it simpler to develop complete profiles of individuals and firms, as well as discover patterns and trends in data.
Know more about the trends such as cloud technology advancement at a rapid pace along with market challenges. Click here to get the sample report!