Sales Performance Management (SPM) Market

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Sales Performance Management (SPM) Market
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The global sales performance management market
size was valued at 1.8 billion in 2021, and is
projected to reach 7.4 billion by 2031, growing
at a CAGR of 15.2 from 2022 to 2031.
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Sales performance management (SPM) solutions are
a collection of operational and analytical
functions that automate and integrate back-office
operational sales operations in order to increase
operational efficiency and effectiveness.
Incentive compensation management, quota
management and planning, territory management,
advanced analytics, and gamification are some of
the SPM capabilities.
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Impact of Covid-19
It has positively impacted the adoption of sales
performance management solutions due to the
lockdown imposed by governments of different
countries. Companies are focusing on emerging
technology such as AI-powered solutions,
automation, and cloud-based sales performance
management (SPM) solution across industries such
as BFSI, healthcare, and IT telecom to perform
contactless operations.
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This factor further creates demand for sales
performance management (SPM) solutions, which
drives the global adoption of the sales
performance management market
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Market is segmented into By Solution Type
Incentive Compensation Management
Territory Management
Sales Performance Analytics and Reporting
Sales Planning and Monitoring
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Segmentation By Region 
North America 
U.S., Canada
Europe
U.K., Germany, France, Spain, Italy, Rest of
Europe
Asia-Pacific
China, Japan, South Korea, India, Australia, Rest
of Asia-Pacific
LAMEA
Latin America, Middle East, Africa
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Leading Market Players 
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Contact
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