Deployment Type (On-Premise, Cloud)
In sales intelligence market, cloud segment is likely to dominate over 60% share by 2037. This high percentage may be explained by the fact that firewall limitations that may hinder users from accessing on-premise solutions are removed by cloud solutions.
Overhead and maintenance expenses are eliminated with cloud-based Software as a Service solution. Additionally, the nearly limitless storage capacity offered by cloud object storage services mitigates the limitations on locally installed hardware's scalability and storage volume.
Organization Size (Large Enterprise, SMEs)
In sales intelligence market, large enterprise segment is predicted to account for around 70% revenue share by 2037.. The major element projected to influence the segment growth is the rising number of large enterprises. In 2021, the number of major enterprises with 250 or more employees globally was predicted to be over 351,519.
The size of infrastructure is growing significantly which is why the number of large businesses is growing along with the rise in loyal customers. Hence, to further sustain those loyal customers and gain newer these organizations keep exploring various means.
Moreover, this large proportion may also be attributed to growing rates of data deterioration and greater competition among major companies in several industry sectors. Additionally, large companies tend to be more technically skilled than small and medium-sized businesses, which facilitates the adoption of sales intelligence solutions to accelerate sales cycles and increase productivity.
Our in-depth analysis of the global sales intelligence market includes the following segments:
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Author Credits: Abhishek Verma
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