According to the recent study the sales training software market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 8% to 10% from 2023 to 2028. Growth in this market is primarily driven by increasing corporate competition, growing investment by companies in training their sales team, increasing digitalization of organizations, and rising adoption of customer relationship management (CRM) software among industries.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in sales training software market by deployment (cloud and on-premise), enterprise size (large enterprises and small & medium enterprises), end use industry (banking, financial services and insurance (BFSI), automotive, retail, healthcare, IT & telecom, discrete manufacturing, government & education, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Cloud market is expected to remain the largest segment during the forecast period.”

Based on deployment, the sales training software market is segmented into cloud and on-premise. Lucintel forecasts that the cloud market is expected to remain the largest segment due to its enhanced reliability, superior adaptability, and low maintenance costs.

“Within the sales training software market, the retail segment is expected to remain the largest end use industry”

Based on end use industry the retail segment is expected to witness the highest growth over the forecast period due to the growing adoption of sales training and performance management software for skill upgradation of employees and increasing need to reduce time spent on training new and experienced/old sales staff.

“North America will dominate the sales training software market in near future”

North America will remain the largest region over the forecast period due to the growing business opportunities, presence of top sales training software vendors in the US region, and reliable adoption of latest technologies in the region.

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Major players of sales training software market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Allego, Brainshark, Inc., Mindmatrix Inc, Mindtickle Inc, Qstream, Inc., Salesforce, Inc., and SalesHood Inc are among the major sales training software providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/sales-training-software-market.aspx  or [email protected]