The global Sales Training and Onboarding Software Market was valued at US$ 4.4 Billion in 2022, and is projected to reach US$ 9.6 Billion by 2030, growing at a CAGR of 8.9% from 2022 to 2030.
Sales Training and Onboarding Software Market Overview
The growth of the product-based sales training market in Asia Pacific will benefit from rising number of small and medium businesses (SMBs) and multinational corporations (MNCs) and greater use of cost-effective training over the forecast period. The impact of the pandemic has been quickly responded to in order to develop a mature sales training and onboarding software market. Employee onboarding software is a tool used to coordinate the onboarding of new employees and simplify administrative tasks. Everything simplifies the process by removing paperwork and combining it into one system. Reduced time spent on repetitive tasks, increased time spent on employee relationship building and engagement programs, and increased corporate acceptance of latest technologies are driving the expansion of the sales training and onboarding software market. The smooth transition of software to new hires drives the demand for sales training and onboarding software. Integration of the tool with other enterprise resource planning software (ERPS) such as recruitment processes, training tools, and others is expected to drive the demand for employee onboarding software during the forecast period.
The Sales Training and Onboarding Software has recently published by Contrive Datum Insights to its huge database which helps to shape the future of the businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static as well as dynamic aspects of the global Sales Training and Onboarding Software market.
Some Of the key players study are the
Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: Showpad, MindTickle, Lessonly, Allego, Brainshark, Bridge, LevelJump, SalesHood, Qstream, TalentLMS, Mindmatrix, PointForward, CommercialTribe., and others.
- In 2021, MindTickle announced the release of a new sales training and onboarding software called MindTickle for sales readiness. The software is designed to provide a comprehensive sales training and onboarding solution for a variety of industries including technology, healthcare and financial services.
- In 2020, Allego announced the release of a new sales training and onboarding software called Allego 6.0. This software is designed to provide an advanced video-based learning solution for sales teams and improve productivity and performance.
- In 2019, Brainshark announced the acquisition of Rekener, a leading provider of sales performance analysis software. The acquisition enables Brainshark to expand its portfolio of sales training and onboarding solutions and strengthen its position in the global sales enablement market.
- In 2018, SalesHood announced the release of a new sales training and onboarding software called SalesHood Live. This software is designed to deliver live, interactive training sessions for sales teams and improve collaboration and performance.
What are the major Applications, Types, and Regions for the Sales Training and Onboarding Software Market?
By Enterprise Size
- Large Enterprises
- Medium Enterprises
- Small Enterprises
By Industry Verticals
- Marketing & Advertising
- Retail & Consumer Goods
- Travel & Hospitality
- IT & Telecommunication
- Banking Financial Services & Insurance
- Media & Entertainment
Sales Training and Onboarding Software Market Regional Insights:
North America leads the sales training and onboarding software market, followed by Europe, Asia Pacific, South America, and Middle East & Africa. On the other hand, Asia Pacific is expected to witness the largest incremental growth in adoption of the sales training and onboarding software market during the forecast period owing to factors such as increasing acceptance of cost-effective training and rising number of small and medium-sized enterprises and multinational corporations. Since most of the vendors operating in the sales training and onboarding software market are based in the United States, the market is likely to witness high growth. Additionally, the region is at the forefront of the use of cutting-edge technology.
Many developing Asia-Pacific countries, such as India and China, are becoming more digital. Furthermore, enhanced use of technology is driving the sales training and onboarding software market in the Middle East & Africa (MEA) and South America. Key players attempt to have a significant impact by bridging the gap between technology and the market.
Geographically, the global Sales Training and Onboarding Software market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, Middle East, and India. The global region is dominating this market in the upcoming future.
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Sales Training and Onboarding Software Market report scope:
Frequently Asked Questions (FAQ) about the Sales Training and Onboarding Software market:
What is the CAGR of the global Sales Training and Onboarding Software market?
The Sales Training and Onboarding Software Market is growing at a CAGR of 8.9% During Forecast Period.
Which region would offer high growth for vendors in the Sales Training and Onboarding Software market?
North America accounted for the largest market
Which Is the Most potential market segment?
By Types- Large Enterprises, SMEs
By Applications - On-Premises, Cloud Based
Which are the top industry players in the Sales Training and Onboarding Software market?
Showpad, MindTickle, Lessonly, Allego, Brainshark, Bridge, LevelJump, SalesHood, Qstream, TalentLMS, Mindmatrix, PointForward, CommercialTribe.
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