1. Sales Performance Management (SPM) Market

2. 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. Download Sample PDF 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.

3. 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. 1 This factor further creates demand for sales performance management (SPM) solutions, which drives the global adoption of the sales performance management market 2

4. Market is segmented into By Solution Type Incentive Compensation Management Territory Management Sales Performance Analytics and Reporting Sales Planning and Monitoring

5. Segmentation By Region North America  U.S., Canada Europe U.K., Germany, France, Spain, Italy, Rest of Europe China, Japan, South Korea, India, Australia, Rest of Asia-Pacific Asia-Pacific LAMEA Latin America, Middle East, Africa

6. Leading Market Players 

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