Market Overview:
The global commission software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing adoption of commission software by small, medium-sized, and large businesses across the globe. Additionally, the growing demand for cloud-based commission software is also contributing to the growth of this market. However, lack of awareness about commission software among end users may restrain the growth of this market during the forecast period.
Product Definition:
Commission software is used to calculate and track sales commissions. It can help managers keep track of who is owed commissions, how much they are owed, and when they are due. This information can be used to generate reports that show commission payments over time or by salesperson. Commission software can also automate the payment process, making it easier for managers and employees alike.
Cloud-based:
Cloud-based software is a type of software system that provides shared computer processing and storage. It involves the sharing of data over network connections and servers instead of using local devices. The data can be accessed from multiple locations in the form of web services or applications, which makes it easier for businesses to operate their business processes effectively.
On-premises:
On-premises is a term used for software and hardware installation at the organization's headquarters. In other words, it means that all services are provided from the same location where the software is installed. The advantage of on-premises solutions is that all data and applications are stored internally, which reduces security risks as well as provides easy access to information.
Application Insights:
The large business application segment accounted for the largest revenue share of over 60.0% in 2017. The growth is attributed to the high adoption of software among large organizations to automate their processes and increase operational efficiency. Furthermore, increasing demand for robust solutions that can handle multiple tasks simultaneously is expected to drive the product demand over the forecast period.
The small business application segment accounted for a significant revenue share in 2017 owing to increased penetration of e-commerce businesses across various countries worldwide including China, India and Australia due to easy accesses from remote locations through internet cafes or Wi-Fi hot spots at affordable costs. Moreover, rising awareness about online shopping trends especially in emerging economies such as India will propel industry growth further during next seven years (2030).
Regional Analysis:
Europe dominated the global market in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing investments in automation and digitalization across various industries, including banking, insurance, telecom and transportation. Moreover, presence of major players such as IBM Corporation; Microsoft Corporation; Hewlett Packard Enterprise Development LP; CA Technologies; Cisco Systems Inc.; Google LLC; Oracle America Inc.; PwC S.A., etc.
Asia Pacific is anticipated to emerge as a lucrative region during the forecast period owing to increasing adoption of cloud-based solutions by small & medium businesses (SMBs). Furthermore, growing penetration of smartphones coupled with rising demand for mobile apps is further contributing toward regional growth.
Growth Factors:
- Increasing demand for commission management software from small and medium-sized businesses (SMBs)
- The growing trend of cloud-based commission software solutions
- The increasing use of mobile devices by sales representatives for submitting sales commissions
- The rising popularity of commission automation tools among enterprises
- The growing demand for commission tracking and analysis tools
Scope Of The Report
Report Attributes
Report Details
Report Title
Commission Software Market Research Report
By Type
Cloud-based, On-premises
By Application
Small Business, Medium-sized Business, Large Business
By Companies
Bitrix, Performio, Magna Computer Corp, Incentives Solutions, Flaum Technologies, EvolveSPM, Glocent, Stinson Solutions, Honeywell Intelligrated, Xtiva, Vanguard Business Systems, SPI Software Solutions
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Commission Software Market Report Segments:
The global Commission Software market is segmented on the basis of:
Types
Cloud-based, On-premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small Business, Medium-sized Business, Large Business
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bitrix
- Performio
- Magna Computer Corp
- Incentives Solutions
- Flaum Technologies
- EvolveSPM
- Glocent
- Stinson Solutions
- Honeywell Intelligrated
- Xtiva
- Vanguard Business Systems
- SPI Software Solutions
Highlights of The Commission Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-based
- On-premises
- By Application:
- Small Business
- Medium-sized Business
- Large Business
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commission Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commission software is a type of software that helps businesses manage their commissions. It can help businesses keep track of commission payments, create invoices and tracking reports, and more.
Some of the major companies in the commission software market are Bitrix, Performio, Magna Computer Corp, Incentives Solutions, Flaum Technologies, EvolveSPM, Glocent, Stinson Solutions, Honeywell Intelligrated, Xtiva, Vanguard Business Systems, SPI Software Solutions.
The commission software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commission Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commission Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commission Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commission Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commission Software Market Size & Forecast, 2018-2028
4.5.1 Commission Software Market Size and Y-o-Y Growth
4.5.2 Commission Software Market Absolute $ Opportunity
Chapter 5 Global Commission Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Commission Software Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 On-premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Commission Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Commission Software Market Size Forecast by Applications
6.2.1 Small Business
6.2.2 Medium-sized Business
6.2.3 Large Business
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commission Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commission Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Commission Software Analysis and Forecast
9.1 Introduction
9.2 North America Commission Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Commission Software Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 On-premises
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Commission Software Market Size Forecast by Applications
9.10.1 Small Business
9.10.2 Medium-sized Business
9.10.3 Large Business
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Commission Software Analysis and Forecast
10.1 Introduction
10.2 Europe Commission Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Commission Software Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 On-premises
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Commission Software Market Size Forecast by Applications
10.10.1 Small Business
10.10.2 Medium-sized Business
10.10.3 Large Business
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Commission Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Commission Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Commission Software Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 On-premises
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Commission Software Market Size Forecast by Applications
11.10.1 Small Business
11.10.2 Medium-sized Business
11.10.3 Large Business
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Commission Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Commission Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Commission Software Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 On-premises
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Commission Software Market Size Forecast by Applications
12.10.1 Small Business
12.10.2 Medium-sized Business
12.10.3 Large Business
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Commission Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Commission Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Commission Software Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 On-premises
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Commission Software Market Size Forecast by Applications
13.10.1 Small Business
13.10.2 Medium-sized Business
13.10.3 Large Business
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commission Software Market: Competitive Dashboard
14.2 Global Commission Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bitrix
14.3.2 Performio
14.3.3 Magna Computer Corp
14.3.4 Incentives Solutions
14.3.5 Flaum Technologies
14.3.6 EvolveSPM
14.3.7 Glocent
14.3.8 Stinson Solutions
14.3.9 Honeywell Intelligrated
14.3.10 Xtiva
14.3.11 Vanguard Business Systems
14.3.12 SPI Software Solutions
