Skip to main content

Global Demand for Field Force Automation Solutions To Surge Extensively

Large enterprises and small and medium enterprises (SMEs) across the world are increasingly opting for digital marketing strategies to meet their customized needs, attract more customers, and enhance their profit. In addition, businesses are also adopting next-generation technologies, such as robotics, computer vision, cloud computing, machine learning (ML), artificial intelligence (AI), and the internet of things (IoT), to improve their operations. 

Thus, the surge in the use of digital marketing strategies and rapid digital transformation of business entities will accelerate the usage of field force automation solutions worldwide. Besides, the rising deployment of automated salesforce solutions by enterprises for better control of sales operations will help the field force automation market witness a healthy CAGR of 20.9% during 2020–2030. 


According to P&S Intelligence, the market was valued at $1,196.9 million in 2019, and it will generate $9,033.0 million revenue by 2030. Business entities use automated salesforce solutions to support field representatives in lead tracking, automatic approval of orders, marketing automation, assemble of sales tasks, and automated assessment of marketing needs of customers.

In the preceding years, mobile and web-based field force automation solutions were predominantly used for sales order management, due to the massive requirement for automating field sales activities, such as the collection of real-time insights into product inquiries and leads, data analysis, inventory management, and work shift schedule based on locality and area. 

Additionally, such solutions are also used for asset management, customer service, data collection, and lead management applications. Enterprises use cloud-based and on-premises field force automation solutions for such applications. Thus, the surging shift toward digital marketing strategies and advanced technologies and the soaring need for automated salesforce solutions will accelerate the usage of field force automation solutions in the forthcoming years.
Labels:

Comments

Post a Comment

Popular posts from this blog

Increasing Internet Penetration Fueling Demand for Product Analytics

With the increasing penetration of the internet in both developing countries such as China and India and developed countries such as Singapore and the U.S., the worldwide demand for product analytics is rising rapidly. For example, according to the Office for National Statistics, in 2018, 90% of all households in Great Britain had access to the internet. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/product-analytics-market/report-sample Additionally, the total percentage of adults who used the internet daily grew from 35% to 86% from 2006 to 2018 in the country. The rapid digital transformation in various countries is pushing up the requirement for product analytics solutions. Moreover, businesses all over the world are increasingly adopting advanced technologies such as product analytics for building a holistic understanding and delivering greater customer engagement. Apart from this, rapid advancements and innovations being made in various cog...
Post a Comment
Read more

Conversational AI Market Worldwide Opportunities, Driving Forces, COVID-19 Impact Analysis, Future Potential 2030

There are two ways in which conversational AI solutions are deployed, namely cloud and on-premises. Of these, the conversational AI solutions deployed through cloud recorded higher demand in 2018, and this deployment method is expected to remain more popular in the coming years. This is primarily attributed to the ballooning demand for scalability and easier maintenance features and 24*7 services offered by these solutions. Furthermore, many major companies are adopting cloud-based solutions for increasing their operational flexibility and reducing their operational costs. Coherent with these facts, the biggest phenomenon currently being observed in the conversational AI market is the mushrooming implementation of chatbots, as well as IVA, in various healthcare applications. Geographically, the highest demand for conversational AI market share has been witnessed in North America in the last few years, and the next few years will witness a similar situation. For instance, a Mahara...
Post a Comment
Read more

Battery Management System Market Size, Status, Top Players, Trends in Upcoming Years

The International Energy Association (IEA) predicts that the sale of battery electric vehicles (BEV) (trucks) and plug-in hybrid electric vehicles (PHEV) (trucks) will reach around 96,555 units and 107,571 units, respectively, by 2025. The organization also forecasts that the global stock of BEV cars and PHEV cars will reach 29,626,576 units and 16,335,941 units, respectively, by 2025. The surging electric vehicle (EV) sales will create an extensive requirement for battery management systems (BMSs) in the coming years, as batteries are the most important component of such vehicles. Besides, the surging use of rechargeable batteries in consumer electronic products is expected to drive the battery management system market at a vigorous CAGR of 15.0% during the forecast period (2021–2030).   The market revenue is expected to surge from $5,661.0 million in 2020 to $22,279.6 million by 2030. BMSs are installed in consumer electronics to control the operation of batteries and manag...
Post a Comment
Read more