Sales Training and Onboarding Software Market Size

Sales Training and Onboarding Software Market size was over USD 4.75 billion in 2023 and is likely to reach USD 13.39 billion by 2036, growing at around 8.3% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of sales training and onboarding software is assessed at USD 5.07 billion. The market is estimated to grow on the back of increased use of product based sales training and onboarding software in small and large enterprises. According to estimates, faster onboarding increases the productivity of new reps by up to 50% as well as increases the retention rate by 65%.

The global sales training and onboarding software market is also estimated to witness growth on account of increasing sales job globally and rising trend of virtual selling. According to estimates, in the coming years, more than 60% of sales professionals report that their team will stay remote or work part-time in the office and about 62% of sales leaders believe that virtual meetings are equal or more effective than face-to-face meetings. Moreover, rising adoption of artificial intelligence, machine learning along with other technological advancements and increasing focus on refining sales strategies are anticipated to propel the market growth during the forecast period.