Product Code: GVR-4-68040-437-4
Market Size & Trends:
The global sales performance management market size was estimated at USD 2.36 billion in 2023 and is anticipated to grow at a CAGR of 16.3% from 2024 to 2030. Several key factors drive the market growth. One of the primary drivers is the increasing adoption of advanced technologies like artificial intelligence (AI) and machine learning (ML), which enable organizations to optimize their sales processes through predictive analytics and data-driven decision-making. Moreover, the rising need for organizations to enhance sales effectiveness and align sales strategies with business objectives has spurred demand for comprehensive sales performance management (SPM) solutions.
The growing complexity of sales operations, coupled with the need for compliance with regulatory requirements, is further fueling the market as companies seek to streamline sales processes, improve transparency, and boost overall performance. Finally, the proliferation of cloud-based solutions has made SPM more accessible and scalable, encouraging adoption across a broader range of industries and company sizes.
The increasing adoption of advanced technologies such as AI and ML drives the market's growth significantly. These technologies enable organizations to harness vast amounts of sales data, providing actionable insights that improve decision-making and strategy formulation. AI and ML facilitate predictive analytics, allowing companies to accurately forecast sales outcomes, optimize sales quotas, and identify performance bottlenecks. By automating complex processes, such as incentive compensation management and territory planning, these technologies enhance efficiency and reduce errors, improving sales productivity. Moreover, AI-driven insights help personalize training and coaching for sales teams, further contributing to improved sales performance and market growth.
The rising need for organizations to enhance sales effectiveness and align sales strategies with overarching business objectives has significantly spurred demand for comprehensive Sales Performance Management (SPM) solutions. In an increasingly competitive business environment, companies are under pressure to maximize the efficiency of their sales operations and ensure that sales activities directly contribute to achieving strategic goals. SPM solutions provide the necessary tools to monitor, analyze, and optimize sales performance, enabling organizations to ensure that sales targets are met and aligned with broader business objectives. By offering capabilities such as real-time performance tracking, incentive management, and strategic alignment, SPM solutions help organizations drive sales effectiveness, foster accountability, and achieve sustainable growth, fueling widespread adoption.
Global Sales Performance Management Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the sales performance management (SPM) market report based on component, deployment, enterprise size, end-use, and region:
- Component Outlook (Revenue, USD Billion, 2018 - 2030)
- Solution
- Incentive Compensation Management
- Territory Management
- Sales Monitoring and Planning
- Sales Analytics
- Others
- Services
- Integration & Deployment
- Support & Maintenance
- Training & Consulting
- Deployment Outlook (Revenue, USD Billion, 2018 - 2030)
- On-premises
- Cloud
- Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)
- Large Enterprises
- Small & Medium Enterprises
- End-use Outlook (Revenue, USD Billion, 2018 - 2030)
- BFSI
- Automotive
- IT & Telecom
- Healthcare
- Retail
- Manufacturing
- Government & Education
- Others
- Regional Outlook (Revenue, USD Billion, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Latin America
- Middle East & Africa
- U.A.E
- Saudi Arabia
- South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Sales Performance Management (SPM) Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.3.3. Industry Opportunities
- 3.4. Sales Performance Management (SPM) Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Sales Performance Management (SPM) Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Sales Performance Management (SPM) Market: Component Movement Analysis ( (USD Billion), 2023 & 2030
- 4.3. Solution
- 4.3.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.3.2. Incentive Compensation Management
- 4.3.2.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.3.3. Territory Management
- 4.3.3.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.3.4. Sales Monitoring & Planning
- 4.3.4.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.3.5. Sales Analytics
- 4.3.5.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.3.6. Others
- 4.3.6.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.4. Services
- 4.4.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.4.2. Integration & Deployment
- 4.4.2.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.4.3. Support & Maintenance
- 4.4.3.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.4.4. Training & Consulting
- 4.4.4.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Sales Performance Management (SPM) Market: Deployment Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Sales Performance Management (SPM) Market: Deployment Movement Analysis ( (USD Billion), 2023 & 2030
- 5.3. On-premises
- 5.3.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 5.4. Cloud
- 5.4.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Sales Performance Management (SPM) Market: Enterprise Size Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Sales Performance Management (SPM) Market: Enterprise Size Movement Analysis ( (USD Billion), 2023 & 2030
- 6.3. Large Enterprises
- 6.3.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.4. Small & Medium Enterprises
- 6.4.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Sales Performance Management (SPM) Market: End Use Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Sales Performance Management (SPM) Market: End Use Movement Analysis ( (USD Billion), 2023 & 2030
- 7.3. BFSI
- 7.3.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.4. Automotive
- 7.4.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.5. IT & Telecom
- 7.5.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.6. Healthcare
- 7.6.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.7. Retail
- 7.7.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.8. Manufacturing
- 7.8.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.9. Government & Education
- 7.9.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.10. Others
- 7.10.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 8. Sales Performance Management (SPM) Market: Regional Estimates & Trend Analysis
- 8.1. Sales Performance Management (SPM) Market Share, By Region, 2023 & 2030 ( (USD Billion)
- 8.2. North America
- 8.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.2.2. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.2.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
- 8.2.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
- 8.2.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.2.6. U.S.
- 8.2.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.2.6.2. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.2.6.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
- 8.2.6.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
- 8.2.6.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.2.7. Canada
- 8.2.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.2.7.2. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.2.7.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
- 8.2.7.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
- 8.2.7.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.2.8. Mexico
- 8.2.8.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.2.8.2. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.2.8.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
- 8.2.8.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
- 8.2.8.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.3. Europe
- 8.3.1. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.3.2. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
- 8.3.3. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
- 8.3.4. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.3.5. UK
- 8.3.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.3.5.2. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.3.5.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
- 8.3.5.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
- 8.3.5.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.3.6. Germany
- 8.3.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.3.6.2. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.3.6.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
- 8.3.6.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
- 8.3.6.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.3.7. France
- 8.3.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.3.7.2. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.3.7.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
- 8.3.7.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
- 8.3.7.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.4. Asia Pacific
- 8.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.2. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.4.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
- 8.4.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
- 8.4.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.4.6. China
- 8.4.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.6.2. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.4.6.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
- 8.4.6.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
- 8.4.6.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.4.7. India
- 8.4.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.7.2. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.4.7.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
- 8.4.7.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
- 8.4.7.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.4.8. Japan
- 8.4.8.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.8.2. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.4.8.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
- 8.4.8.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
- 8.4.8.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.4.9. Australia
- 8.4.9.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.9.2. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.4.9.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
- 8.4.9.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
- 8.4.9.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.4.10. South Korea
- 8.4.10.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.10.2. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.4.10.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
- 8.4.10.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
- 8.4.10.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.5. Latin America
- 8.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.5.2. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.5.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
- 8.5.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
- 8.5.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.5.6. Brazil
- 8.5.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.5.6.2. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.5.6.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
- 8.5.6.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
- 8.5.6.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.6. Middle East & Africa
- 8.6.1.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.6.1.2. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.6.1.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
- 8.6.2. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
- 8.6.2.1. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.6.3. UAE
- 8.6.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.6.3.2. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.6.3.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
- 8.6.3.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
- 8.6.3.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.6.4. Saudi Arabia
- 8.6.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.6.4.2. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.6.4.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
- 8.6.4.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
- 8.6.4.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.6.5. South Africa
- 8.6.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.6.5.2. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.6.5.3. Market estimates and forecast by deployment, 2018 - 2030 (USD Billion)
- 8.6.5.4. Market estimates and forecast by enterprise size, 2018 - 2030 (USD Billion)
- 8.6.5.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis by Key Market Participants
- 9.2. Company Categorization
- 9.3. Company Market Share Analysis
- 9.4. Company Heat Map Analysis
- 9.5. Strategy Mapping
- 9.5.1. Expansion
- 9.5.2. Mergers & Acquisition
- 9.5.3. Partnerships & Collaborations
- 9.5.4. New Product Launches
- 9.5.5. Research And Development
- 9.6. Company Profiles
- 9.6.1. Anaplan, Inc.
- 9.6.1.1. Participant's Overview
- 9.6.1.2. Financial Performance
- 9.6.1.3. Product Benchmarking
- 9.6.1.4. Recent Developments
- 9.6.2. Conga
- 9.6.2.1. Participant's Overview
- 9.6.2.2. Financial Performance
- 9.6.2.3. Product Benchmarking
- 9.6.2.4. Recent Developments
- 9.6.3. IBM
- 9.6.3.1. Participant's Overview
- 9.6.3.2. Financial Performance
- 9.6.3.3. Product Benchmarking
- 9.6.3.4. Recent Developments
- 9.6.4. Iconixx
- 9.6.4.1. Participant's Overview
- 9.6.4.2. Financial Performance
- 9.6.4.3. Product Benchmarking
- 9.6.4.4. Recent Developments
- 9.6.5. NICE
- 9.6.5.1. Participant's Overview
- 9.6.5.2. Financial Performance
- 9.6.5.3. Product Benchmarking
- 9.6.5.4. Recent Developments
- 9.6.6. Oracle
- 9.6.6.1. Participant's Overview
- 9.6.6.2. Financial Performance
- 9.6.6.3. Product Benchmarking
- 9.6.6.4. Recent Developments
- 9.6.7. Salesforce, Inc.
- 9.6.7.1. Participant's Overview
- 9.6.7.2. Financial Performance
- 9.6.7.3. Product Benchmarking
- 9.6.7.4. Recent Developments
- 9.6.8. SAP SE
- 9.6.8.1. Participant's Overview
- 9.6.8.2. Financial Performance
- 9.6.8.3. Product Benchmarking
- 9.6.8.4. Recent Developments
- 9.6.9. Varicent
- 9.6.9.1. Participant's Overview
- 9.6.9.2. Financial Performance
- 9.6.9.3. Product Benchmarking
- 9.6.9.4. Recent Developments
- 9.6.10. Xactly
- 9.6.10.1. Participant's Overview
- 9.6.10.2. Financial Performance
- 9.6.10.3. Product Benchmarking
- 9.6.10.4. Recent Developments