As per a study by Persistence Market Research, from US$31.5 billion in 2022 to US$92.8 billion in 2032, the global AI Sales Assistant Software market is predicted to grow at an 11.4% CAGR from 2022 to 2032. The major factors that are expected to accelerate growth include increased participation ratios, with deeper win insights and attribution around drivers, greater sales targeting efficiency, with smarter segmentation coupled with lead prioritization, faster sales on-boarding, with most win insights and coaching available in real-time as well as increased sales productivity, with a multitude of bots available for common tasks, which are all offered by the AI Sales Assistance Software.
In addition, the increasing demand among enterprises to enhance sales conversion is another factor that is anticipated to propel the market growth. Moreover, the other factor that is expected to favour the market growth includes investment by both small and medium and enterprises and large enterprises to increase their sales revenue with the adoption of technologies such as artificial intelligence.
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The AI Sales Assistant Software assists in automatically converting sales leads to potential sales for the organization with the help of human intelligence. This is one of the significant factors that augments the market growth during the forecast period. Additionally, it offers benefits such as lead qualification and follow-up, pipeline management, forecasting, meeting scheduling, and data entry. This is another factor that is expected to fuel the market growth during the forecast period.
Key Takeaways:
- On the basis of Type, the Cloud-based category of the AI Sales Assistant Software Market is expected to grow at the fastest CAGR of 11.1% during the forecast period.
- Large Enterprises category is expected to grow at a high rate in the application segment of the AI Sales Assistant Software Market, with a CAGR of 10.8% during the forecast period.
- The AI Sales Assistant Software Market for the U.S is expected to be worth US$ 33 billion by 2032, with a CAGR of 11.2% over the forecast period.
- The market size for AI Sales Assistant Software in China is expected to reach US $6.7 billion by 2032, growing at a CAGR of 10.9% during the research period.
- Japan is expected to reach a market size of US$ 5.8 billion in the AI Sales Assistant Software Market by 2032, with a CAGR of 10.5% during the research period.
- UK is expected to have a market size for AI Sales Assistant Software of US$ 3.9 billion by 2032, with a CAGR of 10.4% during the research period.
- By 2032, South Korea is expected to reach a market size of US$ 3.5 billion in the AI Sales Assistant Software Market, with a CAGR of 10.1% during the research period.
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Competitive Landscape
Major players such as
- Conversica
- Drift
- Clari
- SalesDirector.ai
- Troops
- Tact.ai
- Cien
- Saleswhale
- Zia
- Amplemarket
among others are expected to dominate the market share in terms of revenue. This domination is owing to the rising investment for developing advanced AI Sales Assistant Software to cater to Large Enterprises and SMEs.
- In October 2021, Conversica announced a strategic partnership with CDK Global to integrate Conversica’s Automotive Sales Artificial Intelligence (AI) Assistants into CDK Elead customer relationship management (CRM), with offering automotive dealerships a competitive advantage through the ability to scale communications with customers and enhance the shopper experience.
- In August 2021, Zoho Corporation announced Canvas for Zoho CRM, a one-of-a-kind design studio for CRM personalization. Canvas enables businesses to create their own CRM interfaces that are better suited to the role of each employee, without IT or developer involvement. It helps simplify complex CRM implementations into streamlined and contextual employee-facing experiences.
- In September 2021, Clari announced new technology investments to its market-leading Revenue Operations platform. Clari’s new capabilities strengthen the industry’s only purpose-built workspace designed to help sales teams win more deals.
Find More Valuable Insights on AI Sales Assistant Software Market
Persistence Market Research puts forward an unbiased analysis of the global AI Sales Assistant Software Market, providing historical demand data (2015-2021) and forecast statistics for the period of 2022-2032. To understand the opportunities in AI Sales Assistant Software, the market is segmented on the basis of type, and application across five major regions.
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Key Segments Covered in the AI Sales Assistance Software Industry Report
By Type
- On-Premises AI Sales Assistance Software
- Cloud-Based AI Sales Assistance Software
By Application
- Large Enterprises
- SMEs
By Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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