Global Product-Based Sales Training Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Learning Method;

Blended Training, Online Training, and ILT.

By End-User;

Consumer Goods, BFSI, Automotive, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn802217046 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Product-Based Sales Training Market (USD Million), 2021 - 2031

In the year 2024, the Global Product-Based Sales Training Market was valued at USD 7,272.50 million. The size of this market is expected to increase to USD 11,545.46 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.8%.

The Global Product-Based Sales Training Market is witnessing significant growth as businesses worldwide recognize the need to equip their sales teams with specialized knowledge and skills to effectively sell increasingly complex products. Product-based sales training focuses on educating sales personnel on the specific features, benefits, and usage of the products or services they are selling. This approach goes beyond general sales techniques, aiming to develop a deeper understanding of product-related nuances to better address customer needs, differentiate offerings, and close deals more efficiently.

Key drivers of the market include the rapid advancement of technology, which has led to the introduction of more sophisticated and technical products, especially in sectors like IT, healthcare, and manufacturing. As these products become more intricate, companies must invest in targeted training to ensure their sales teams can explain technical features, demonstrate value, and overcome objections. Additionally, the growing competitiveness in global markets is pressuring organizations to adopt advanced sales techniques, further boosting the demand for product-based training programs.

The rise of e-learning and digital platforms has also transformed the product-based sales training landscape. Training can now be delivered online through interactive modules, virtual classrooms, and mobile apps, making it more accessible, scalable, and cost-effective. This digital transformation is particularly appealing to multinational corporations that need to train geographically dispersed teams. Customization is a crucial aspect of this market. Companies increasingly seek tailored training programs that align with their specific products, industry needs, and sales strategies. Many training providers are offering personalized content and experiential learning, incorporating role-playing, simulations, and real-world scenarios to enhance the effectiveness of their programs.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Learning Method
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Product-Based Sales Training Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Complexity of Products

        2. Rising Demand for Sales Effectiveness

        3. Digital Transformation and Remote Learning

      2. Restraints
        1. High Cost of Customized Training Programs

        2. Challenges in Measuring ROI

        3. Resistance to Change

      3. Opportunities
        1. Integration of AI and Analytics

        2. Expansion in Emerging Markets

        3. Growing Demand for Personalized Training

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Product-Based Sales Training Market, By Learning Method, 2021 - 2031 (USD Million)

      1. Blended Training

      2. Online Training

      3. ILT

    2. Global Product-Based Sales Training Market, By End User, 2021 - 2031 (USD Million)

      1. Consumer Goods

      2. BFSI

      3. Automotive

      4. Others

    3. Global Product-Based Sales Training Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Allen Communication Learning Services
      2. ASLAN Training and Development LLC
      3. Brainshark Inc.
      4. CommLab India LLP
      5. Cornerstone OnDemand Inc.
      6. Corporate Visions Inc.
      7. GMetri Inc.
      8. HubSpot Inc.
      9. Korn Ferry
      10. Learning Technologies Group Plc
      11. Meirc Training and Consulting LTD
      12. RAIN Group
      13. Richardson Sales Performance
      14. Sales Training America Inc.
      15. SalesHood Inc.
  7. Analyst Views
  8. Future Outlook of the Market