The Latin America, Middle East and Africa Sales Training Software Market would witness market growth of 20.0% CAGR during the forecast period (2022-2028).
Much of the competitiveness for recruiting personnel in the modern business world has switched from the longest list of skills on their CV to an attractive presentation to attract the proper types of individuals to their organization. This is due in part to the widespread availability of sales training for managers and teams. These new techniques of employee training are altering the business environment in terms of the talent that can be recruited. Companies save money by investing in better personnel who work harder, stay longer, and complete more transactions when they create a training strategy that includes online sales training that is interesting and beneficial for sellers.
Recruiting new sales personnel can be challenging for a variety of reasons. The sales crew has likely the most contact with individuals and organizations beyond the company's boundaries. Ideally, new sales team members will have a range of sales abilities that they may resort to while making sales calls. However, if the company enforces certain selling practices, sales training can be quite useful. Sales training basically comes down to educating workers on the most effective selling strategies for the products or services they are selling. The breadth, scope, and depth of this training might vary, but sales skills training ensures that the sales representatives are educated and informed when they pick up the phone to speak with a customer.
The South African IT industry is also growing at an exponential rate. South Africa has one of Africa's major markets for information and communications technology (ICT). It demonstrates technical dominance in mobile applications, security software, and electronic financial services. As an increasingly significant contribution to South Africa's gross domestic product, the country's ICT and electronics sector is both advanced and developing. Several multinational corporations operate South African subsidiaries. The integration of a vast ICT industry along with higher adoption of technologies within regional businesses is estimated to fuel the adoption of sales training software. Hence, this factor is stimulating the growth of the regional sales training software market.
The Brazil market dominated the LAMEA Sales Training Software Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $89.9 million by 2028. The Argentina market is registering a CAGR of 20.6% during (2022 - 2028). Additionally, The UAE market is estimated to grow at a CAGR of 19.7% during (2022 - 2028).
Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into Retail, BFSI, IT & Telecom, Discrete Manufacturing, Government & Public Sector, Automotive, Healthcare & Life Sciences and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Sales Training Software Market is Predict to reach $4.5 Billion by 2028, at a CAGR of 14.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SAP SE, Salesforce, Inc., Zoho Corporation Pvt. Ltd., Mindmatrix, Inc., Allego, Inc., Brainshark, Inc. (Bigtincan Holdings), Mindtickle, Inc., Qstream, Inc., SalesHood, Inc., and Showpad, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Deployment Type
By Organization Size
By Vertical
- Retail
- BFSI
- IT & Telecom
- Discrete Manufacturing
- Government & Public Sector
- Automotive
- Healthcare & Life Sciences
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- SAP SE
- Salesforce, Inc.
- Zoho Corporation Pvt. Ltd.
- Mindmatrix, Inc.
- Allego, Inc.
- Brainshark, Inc. (Bigtincan Holdings)
- Mindtickle, Inc.
- Qstream, Inc.
- SalesHood, Inc.
- Showpad, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Sales Training Software Market, by Deployment Type
1.4.2 LAMEA Sales Training Software Market, by Organization Size
1.4.3 LAMEA Sales Training Software Market, by Vertical
1.4.4 LAMEA Sales Training Software Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Sales Training Software Market by Deployment Type
3.1 LAMEA Cloud Market by Country
3.2 LAMEA On-premise Market by Country
Chapter 4. LAMEA Sales Training Software Market by Organization Size
4.1 LAMEA Large Enterprises Market by Country
4.2 LAMEA SMEs Market by Country
Chapter 5. LAMEA Sales Training Software Market by Vertical
5.1 LAMEA Retail Market by Country
5.2 LAMEA BFSI Market by Country
5.3 LAMEA IT & Telecom Market by Country
5.4 LAMEA Discrete Manufacturing Market by Country
5.5 LAMEA Government & Public Sector Market by Country
5.6 LAMEA Automotive Market by Country
5.7 LAMEA Healthcare & Life Sciences Market by Country
5.8 LAMEA Others Market by Country
Chapter 6. LAMEA Sales Training Software Market by Country
6.1 Brazil Sales Training Software Market
6.1.1 Brazil Sales Training Software Market by Deployment Type
6.1.2 Brazil Sales Training Software Market by Organization Size
6.1.3 Brazil Sales Training Software Market by Vertical
6.2 Argentina Sales Training Software Market
6.2.1 Argentina Sales Training Software Market by Deployment Type
6.2.2 Argentina Sales Training Software Market by Organization Size
6.2.3 Argentina Sales Training Software Market by Vertical
6.3 UAE Sales Training Software Market
6.3.1 UAE Sales Training Software Market by Deployment Type
6.3.2 UAE Sales Training Software Market by Organization Size
6.3.3 UAE Sales Training Software Market by Vertical
6.4 Saudi Arabia Sales Training Software Market
6.4.1 Saudi Arabia Sales Training Software Market by Deployment Type
6.4.2 Saudi Arabia Sales Training Software Market by Organization Size
6.4.3 Saudi Arabia Sales Training Software Market by Vertical
6.5 South Africa Sales Training Software Market
6.5.1 South Africa Sales Training Software Market by Deployment Type
6.5.2 South Africa Sales Training Software Market by Organization Size
6.5.3 South Africa Sales Training Software Market by Vertical
6.6 Nigeria Sales Training Software Market
6.6.1 Nigeria Sales Training Software Market by Deployment Type
6.6.2 Nigeria Sales Training Software Market by Organization Size
6.6.3 Nigeria Sales Training Software Market by Vertical
6.7 Rest of LAMEA Sales Training Software Market
6.7.1 Rest of LAMEA Sales Training Software Market by Deployment Type
6.7.2 Rest of LAMEA Sales Training Software Market by Organization Size
6.7.3 Rest of LAMEA Sales Training Software Market by Vertical
Chapter 7. Company Profiles
7.1 SAP SE
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Salesforce.com, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.6 SWOT Analysis
7.3 Allego, Inc.
7.3.1 Company Overview
7.4 Zoho Corporation Pvt. Ltd.
7.4.1 Company Overview
7.5 Mindmatrix Inc.
7.5.1 Company Overview
7.6 Brainshark, Inc. (Bigtincan Holdings Limited)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.7 Mindtickle Inc.
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Partnerships, Collaborations, and Agreements:
7.8 Qstream, Inc.
7.8.1 Company Overview
7.9 SalesHood, Inc.
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Product Launches and Product Expansions:
7.10. Showpad, Inc.
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Acquisition and Mergers:
TABLE 1 LAMEA Sales Training Software Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Sales Training Software Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Sales Training Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 4 LAMEA Sales Training Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 5 LAMEA Cloud Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Cloud Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA On-premise Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA On-premise Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Sales Training Software Market by Organization Size, 2018 - 2021, USD Million
TABLE 10 LAMEA Sales Training Software Market by Organization Size, 2022 - 2028, USD Million
TABLE 11 LAMEA Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA SMEs Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA SMEs Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Sales Training Software Market by Vertical, 2018 - 2021, USD Million
TABLE 16 LAMEA Sales Training Software Market by Vertical, 2022 - 2028, USD Million
TABLE 17 LAMEA Retail Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Retail Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA BFSI Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA BFSI Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Discrete Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Discrete Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Government & Public Sector Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Government & Public Sector Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Automotive Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Automotive Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Healthcare & Life Sciences Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Healthcare & Life Sciences Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Sales Training Software Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Sales Training Software Market by Country, 2022 - 2028, USD Million
TABLE 35 Brazil Sales Training Software Market, 2018 - 2021, USD Million
TABLE 36 Brazil Sales Training Software Market, 2022 - 2028, USD Million
TABLE 37 Brazil Sales Training Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 38 Brazil Sales Training Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 39 Brazil Sales Training Software Market by Organization Size, 2018 - 2021, USD Million
TABLE 40 Brazil Sales Training Software Market by Organization Size, 2022 - 2028, USD Million
TABLE 41 Brazil Sales Training Software Market by Vertical, 2018 - 2021, USD Million
TABLE 42 Brazil Sales Training Software Market by Vertical, 2022 - 2028, USD Million
TABLE 43 Argentina Sales Training Software Market, 2018 - 2021, USD Million
TABLE 44 Argentina Sales Training Software Market, 2022 - 2028, USD Million
TABLE 45 Argentina Sales Training Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 46 Argentina Sales Training Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 47 Argentina Sales Training Software Market by Organization Size, 2018 - 2021, USD Million
TABLE 48 Argentina Sales Training Software Market by Organization Size, 2022 - 2028, USD Million
TABLE 49 Argentina Sales Training Software Market by Vertical, 2018 - 2021, USD Million
TABLE 50 Argentina Sales Training Software Market by Vertical, 2022 - 2028, USD Million
TABLE 51 UAE Sales Training Software Market, 2018 - 2021, USD Million
TABLE 52 UAE Sales Training Software Market, 2022 - 2028, USD Million
TABLE 53 UAE Sales Training Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 54 UAE Sales Training Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 55 UAE Sales Training Software Market by Organization Size, 2018 - 2021, USD Million
TABLE 56 UAE Sales Training Software Market by Organization Size, 2022 - 2028, USD Million
TABLE 57 UAE Sales Training Software Market by Vertical, 2018 - 2021, USD Million
TABLE 58 UAE Sales Training Software Market by Vertical, 2022 - 2028, USD Million
TABLE 59 Saudi Arabia Sales Training Software Market, 2018 - 2021, USD Million
TABLE 60 Saudi Arabia Sales Training Software Market, 2022 - 2028, USD Million
TABLE 61 Saudi Arabia Sales Training Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 62 Saudi Arabia Sales Training Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 63 Saudi Arabia Sales Training Software Market by Organization Size, 2018 - 2021, USD Million
TABLE 64 Saudi Arabia Sales Training Software Market by Organization Size, 2022 - 2028, USD Million
TABLE 65 Saudi Arabia Sales Training Software Market by Vertical, 2018 - 2021, USD Million
TABLE 66 Saudi Arabia Sales Training Software Market by Vertical, 2022 - 2028, USD Million
TABLE 67 South Africa Sales Training Software Market, 2018 - 2021, USD Million
TABLE 68 South Africa Sales Training Software Market, 2022 - 2028, USD Million
TABLE 69 South Africa Sales Training Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 70 South Africa Sales Training Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 71 South Africa Sales Training Software Market by Organization Size, 2018 - 2021, USD Million
TABLE 72 South Africa Sales Training Software Market by Organization Size, 2022 - 2028, USD Million
TABLE 73 South Africa Sales Training Software Market by Vertical, 2018 - 2021, USD Million
TABLE 74 South Africa Sales Training Software Market by Vertical, 2022 - 2028, USD Million
TABLE 75 Nigeria Sales Training Software Market, 2018 - 2021, USD Million
TABLE 76 Nigeria Sales Training Software Market, 2022 - 2028, USD Million
TABLE 77 Nigeria Sales Training Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 78 Nigeria Sales Training Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 79 Nigeria Sales Training Software Market by Organization Size, 2018 - 2021, USD Million
TABLE 80 Nigeria Sales Training Software Market by Organization Size, 2022 - 2028, USD Million
TABLE 81 Nigeria Sales Training Software Market by Vertical, 2018 - 2021, USD Million
TABLE 82 Nigeria Sales Training Software Market by Vertical, 2022 - 2028, USD Million
TABLE 83 Rest of LAMEA Sales Training Software Market, 2018 - 2021, USD Million
TABLE 84 Rest of LAMEA Sales Training Software Market, 2022 - 2028, USD Million
TABLE 85 Rest of LAMEA Sales Training Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 86 Rest of LAMEA Sales Training Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 87 Rest of LAMEA Sales Training Software Market by Organization Size, 2018 - 2021, USD Million
TABLE 88 Rest of LAMEA Sales Training Software Market by Organization Size, 2022 - 2028, USD Million
TABLE 89 Rest of LAMEA Sales Training Software Market by Vertical, 2018 - 2021, USD Million
TABLE 90 Rest of LAMEA Sales Training Software Market by Vertical, 2022 - 2028, USD Million
TABLE 91 Key Information – SAP SE
TABLE 92 Key Information –Salesforce.com, Inc.
TABLE 93 Key Information – Allego, Inc.
TABLE 94 Key Information – Zoho Corporation Pvt. Ltd.
TABLE 95 Key Information – Mindmatrix Inc.
TABLE 96 Key Information – Brainshark, Inc.
TABLE 97 Key Information – Mindtickle Inc.
TABLE 98 Key Information – Qstream, Inc.
TABLE 99 Key Information – SalesHood, Inc.
TABLE 100 Key Information – Showpad, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: SAP SE
FIG 3 SWOT Analysis: Salesforce.com Inc.