Field Force Automation Market to Generate $9,033.0 Million Revenue by 2030

The booming demand for automated salesforce solutions, increasing adoption of digital marketing strategies, and surging focus of the e-commerce industry on improving its operations are expected to drive the field force automation market at a vigorous CAGR of 20.9% during the forecast period (2020–2030). According to P&S Intelligence, the market revenue will surge from $1,196.9 million in 2019 to $9,033.0 million by 2030.

Currently, the rising preference for cloud-enabled field force mobile applications, owing to their high storage capacity and flexibility of data sharing and retrieval, is becoming a market trend. In contemporary times, the demand for these solutions is driven by the increasing adoption of digital marketing strategies among enterprises to consolidate their position. Business organizations are using such strategies to expand their clientele and meet their customized needs.

Besides, the increasing deployment of state-of-the-art technologies, such as robotics, machine learning (ML), computer vision, facial recognition, augmented reality (AR), internet of things (IoT), and cloud computing, by businesses facilitate market growth. In addition, the mounting demand for automated salesforce solutions will supplement the field force automation market growth.

The deployment of automated salesforce solutions helps businesses in having better control over their sales operations, as they support field representatives in lead tracking, sales task assembly on one dashboard, market automation, automatic order approval, and automated client need assessment. Additionally, these solutions provide an enhanced customer experience and improved efficiency of field agents.

Therefore, the escalating demand for automated salesforce solutions and the shift of businesses to digital marketing strategies will propel the market growth globally.

Comments

BFSI Using Advanced Security Solutions to Protect Data and Financial Assets

Banks and financial institutions are gradually shifting their core applications over to the cloud network, to offer a personalized banking experience, mitigate the risks associated with conventional technologies, improve the operational control of platforms, reduce capital expenditure, and meet the growing need for real-time analysis of high-volume data. However, the deployment of the cloud infrastructure escalates the risk of cyberattacks, as the data is stored at remote locations. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/bfsi-security-market/report-sample To combat the cyber threat, such institutions are increasingly adopting a range of advanced security solutions. The financial service sector has become a prime target for cybercriminals, as it centers around financial assets and generates massive unstructured data. Moreover, progressive steps such as the adoption of online banking and shift toward digital processes have increased the pro

RF Semiconductor Market a $5.0-Billion Investment Opportunity by 2030

The major factors leading to the rising demand for radiofrequency (RF) semiconductors are the increasing popularity of smartphones, enhancements in the wireless communication technologies, and escalating adoption of the internet of things (IoT). As a result, from $2.1 billion in 2019, the market of RF semiconductor will witness an 8.8% CAGR during 2020–2030 (forecast period), to reach $5.0 billion by 2030. Made of semiconductor materials, such components enable RF communication in an array of sectors. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/rf-semiconductor-market-report/report-sample The material segment of the market is classified into indium phosphate, gallium arsenide, gallium nitride, silicon, and silicon germanium. Among these, during the historical period (2014–2019), the largest share was held by the gallium arsenide category because RF semiconductors made from this material consume less power, account for low power dissipation, ca

How Is Consumer Electronics Sector Helping Silicon on Insulator Market Grow?

Currently, the major players of the silicon on insulator market are taking strategic measures, such as product launches, facility expansions, partnerships, geographical expansions, client wins, and mergers and acquisitions, to gain a competitive edge in the market. For example, in January 2019, Soitec SA extended its collaboration with Samsung Foundry to increase the volume supply of FD-SOIs. With the new agreement, these companies extended their partnership and secured a high-volume supply of FD-SOI wafers to cater to the surging demand for SOI wafers in consumer, automotive, and internet of things (IoT) applications. The wafer type segment of the silicon on insulator market is categorized into radio-frequency SOI (RF-SOI), power-SOI, imager-SOI, photonics-SOI, fully depleted SOI (FD-SOI), and partially depleted SOI (PD-SOI). In 2018, the RF-SOI category generated the highest revenue, due to the escalating use of RF-SOI in advanced LTE smartphones and huge investments made in the

News Market Insights

Search This Blog