Salesforce statistics you should know in 2024 — and beyond

Table of Contents

General overview
Salesforce acquisitions
Salesforce products
Key Salesforce statistics
AppExchange statistics
Salesforce revenue
Salesforce developers
Salesforce market capitalization
Equality

Salesforce is the #1 customer relationship management (CRM) platform for businesses of all sizes. Recognized by industry analysts and by leading user review organizations, Salesforce provides out-of-the-box CRM solutions that deliver relevant, personalized customer and employee experiences anywhere, anytime.

On average, Salesforce CRM users see 38 percent faster decision-making, a 18.4 percent jump in revenue, and a 35 percent increase in customer satisfaction. Those are great “big picture” figures, but when you drill down into the details, the numbers are just as impressive.

Whether you want to learn more about Salesforce or aim to keep up with the latest market trends, read on to find the most compelling Salesforce facts and statistics in one place.

Salesforce in numbers

>22%

of the global 2023 CRM market share

~$35B

revenue with a $4.1B net profit in 2023

150K

customers in 15+ industries

~73K

employees, with half based in America

General overview

Founded in 1999 by Marc Benioff, San Francisco-based Salesforce is one of the most influential enterprise tech companies in the world. An early adopter of the cloud model, Salesforce is known as the world’s leading SaaS and PaaS provider with an annual revenue of $34.9 billion in 2023 (a 10 percent increase from the previous year) and almost 73,000 employees.

Salesforce provides CRM services to many of the world’s largest and most prominent businesses, including Toyota, T-Mobile, U.S. Bank, Walmart, and Spotify.

The company has also launched or acquired a range of subsidiary businesses, including Demandware, Quip, Heroku, Pardot, Mulesoft, Tableau, and Slack. Salesforce has also set the standard for community impact with its Pledge 1% initiative, which allows participants to commit 1 percent of equity, technology, and employee time to improving education, equality, and the environment in local communities. More than 15,000 companies worldwide have joined Pledge 1% thus far.

Salesforce

Key Salesforce statistics

In 2023, despite not seeing an increase in its overall market share, Salesforce remained at the forefront of the CRM industry, generating more revenue than any other CRM vendor.

Salesforce

Global CRM market by vendor

21.7%
21.7%

Salesforce

5.9%
5.9%

Microsoft

4.4%
4.4%

Oracle

3.5%
3.5%

SAP

3.4%
3.4%

Adobe

Top Salesforce competitors are Adobe, SAP, Oracle, and Microsoft

Salesforce beat SAP, Oracle, Microsoft, and Adobe — combined! — in 2023 CRM share.

The global Salesforce services market is expected to reach $12 billion by 2027, with a compound annual growth rate (CAGR) of 7.9% throughout the forecast period.

In H1 2022, Salesforce’s Marketing Cloud scored 14.7 percent of the market share against its nearest rival, Adobe, which scored 11.1 percent. Sales Cloud claimed 38.3 percent — 3.3x higher than Microsoft Dynamics 365 Sales. Service Cloud racked up 44.9 percent of the niche market compared to 8.4 percent claimed by Oracle Service Cloud.

Marketing Cloud

Sales Cloud

Service Cloud

14.7%

Salesforce

11.1%

Adobe

7.4%

Microsoft

5.5%

HubSpot

4.8%

Cision

38.3%

Salesforce

11.6%

Microsoft

8.1%

Oracle

7.1%

SAP

6.6%

Veeva

44.9%

Salesforce

8.4%

Oracle

6.5%

Zendesk

Salesforce boasts more than 150,000 customers worldwide

Over 150,000 companies across every major vertical grow their businesses with Salesforce. Prominent companies that rely on Salesforce include Spotify, Amazon Web Services, U.S. Bank, Toyota, Macy's, and T-Mobile.

Top Salesforce customers

Nearly 30 percent of Salesforce customers come from the professional services industry. Other core segments include manufacturing (11.9 percent) as well as banking and financial services (9.7 percent).

 

Approximately 59 percent of Salesforce customers are located in the United States.

By Industry

By Country

29.2%

Professional Services

8.5%

Retail

11.9%

Manufacturing

4.9%

Consumer packaged goods

3.6%

Media

9.7%

Banking & financial services

16.5%

United Kingdom

59%

United States

3.2%

Netherlands

2.6%

Germany

4.6%

France

2.1%

Australia

By key Salesforce products

Here we analyze three major Salesforce products based on various criteria such as adoption rates among companies, their industry sectors, geographic distribution, and revenue levels.

Marketing Cloud

Sales Cloud

Service Cloud

12,939

companies total

13%

from IT & services

7%

from marketing & advertising industries

58%

from the US

44%

are medium-sized

38%

with <$50M revenue

5,518

companies total

22%

of IT & services industry

63%

from US

42%

are medium-sized

41%

with >$1B revenue

6,709

companies total

20%

from the IT & services industry

62%

from the US

40%

are medium-sized

43%

with >$1B revenue

Salesforce has around 73,000 employees globally

Salesforce had a whopping 72,682 employees worldwide as of January 31, 2024, which is two times the number it had in 2018.

In early 2023, the company began the layoff process that resulted in an 8 percent reduction of its workforce, so the number of employees decreased from 79,390 to 72,682 by the end of 2023.

2018
35,000
35,000
2019
49,000
49,000
2020
56,606
56,606
2021
73,541
73,541
2022
79,390
79,390
2023
72,682
72,682

Despite six rounds of layoffs reported by layoffs.fyi, Salesforce's employee count remains significantly higher than five years ago, indicating overall growth in workforce size.

Layoffs at Salesforce

Number laid off

Area

Percentage laid off

January 2024

Number laid off

700

Area

SF Bay Area

Percentage laid off

1%

August 2023

Number laid off

50

Area

Dublin

Percentage laid off

<1%

January 2023

Number laid off

8,000

Area

SF Bay Area

Percentage laid off

10%

October 2022

Number laid off

90

Area

SF Bay Area

Percentage laid off

<1%

November 2022

Number laid off

1,000

Area

SF Bay Area

Percentage laid off

1%

August 2020

Number laid off

1,000

Area

SF Bay Area

Percentage laid off

2%

According to 2023 data, half of the employees (51 percent) are located in the United States, while another 49 percent are based internationally.

Salesforce revenue

The overall revenue of Salesforce reached $34.9 billion in 2023, a record high

Salesforce’s annual revenue reached $34.9 billion. While falling short of early projections, this was an increase of almost 10 percent from $31.4 billion in 2022.

$3.1B
$3.1B

2013

$4.1B
$4.1B

2014

$5.4B
$5.4B

2015

$8.4B
$8.4B

2016

$10.5B
$10.5B

2017

$13.3B
$13.3B

2018

$17.1B
$17.1B

2019

$21.2B
$21.2B

2020

$26.5B
$26.5B

2021

$31.4B
$31.4B

2022

$34.9B
$34.9B

2023

Salesforce net profit

Salesforce's net income witnessed a YoY uptick only in 2023 (+1,950 percent from 2022) and 2020 (+4,000 percent from 2019).

$1.1B
$1.1B

2018

$0.1B
$0.1B

2019

$4.1B
$4.1B

2020

$1.4B
$1.4B

2021

$0.2B
$0.2B

2022

$4.1B
$4.1B

2023

Salesforce revenue by region

The revenue trends for Salesforce across the three key regions — US, Europe, and Asia Pacific — have demonstrated consistent growth since 2018, characterized by a steady upward trajectory without abrupt fluctuations.

United States

Since 2018, the US has consistently maintained its lead in revenue, generating $23.3 billion, which accounts for nearly 67 percent of the total revenue.

2018
$9.5B
$9.5B
2019
$12.1B
$12.1B
2020
$14.7B
$14.7B
2021
$18B
$18B
2022
$21.3B
$21.3B
2023
$23.3B
$23.3B

Europe

Europe contributed $8.1 billion, representing 23.2 percent of the total revenue in 2023. This number has tripled since 2018, when it was $2.6 billion.

2018
$2.6B
$2.6B
2019
$3.4B
$3.4B
2020
$4.5B
$4.5B
2021
$6B
$6B
2022
$7.1B
$7.1B
2023
$8.1B
$8.1B

Asia Pacific

Revenue in the Asian region doubled from $1.3 billion in 2018 to $3.4 billion in 2023. Despite this growth, it still represents the smallest share, accounting for only 10 percent of the total revenue in 2023.

2018
$1.3B
$1.3B
2019
$1.6B
$1.6B
2020
$2B
$2B
2021
$2.5B
$2.5B
2022
$2.9B
$2.9B
2023
$3.4B
$3.4B

Revenue share by service offering

Salesforce's most popular offerings include its Service and Sales solutions, which collectively contribute to nearly half of the company's total revenue — with 25 percent attributed to the Service platform and 23 percent to the Sales platform.

The Service platform assists businesses across various industries by consolidating all customer and field service operations into a single, AI-powered platform, enabling trusted and highly personalized support at scale.

The Sales platform utilizes data and AI to empower sales teams to sell more effectively and intelligently, while efficiently managing and automating the entire sales process.

25%

Service

23%

Sales

20%

Platform and other

16%

Integration & analytics

15%

Marketing and commerce

Salesforce market capitalization

As of May 2024, Salesforce boasts a market capitalization of $263.52 billion, securing its position as the 37th most valuable company globally by market cap.

$104.78B
$104.78B

2018

$144.26B
$144.26B

2019

$204.22B
$204.22B

2020

$250.31B
$250.31B

2021

$132.58B
$132.58B

2022

$254.71B
$254.71B

2023

$263.52B
$263.52B

May 2024

In 2022, Salesforce experienced a significant drop in market capitalization, reflecting investor uncertainty. This decline amounted to nearly 50 percent compared to the previous year, reaching lower levels than in 2019.

Salesforce acquisitions

Salesforce has acquired 70+ companies to date

A significant portion of Salesforce’s massive growth is attributed to acquisitions. The latest acquisition occurred in February 2024, when Salesforce purchased all outstanding shares of Spiff, Inc., a software company specializing in incentive compensation management solutions, for $374 million.

The most noteworthy addition to its portfolio is Slack, which contributed an estimated $600 million in revenue in 2022.

The acquisition, completed in 2021 for $27.7 billion, made Slack the primary communications interface for Salesforce's Customer 360 platform.

A wave of high-profile acquisitions weakened in 2022

In 2022, the tech industry saw very few vendor acquisitions, and Salesforce followed the trend.

The company made only three acquisitions during the year, with a focus on enhancing integrations and supporting its ecosystem. Specifically, Salesforce acquired a consultancy firm Traction on Demand, a compliance services vendor Phennecs, and Troops.ai, a sales automation bots provider.

Salesforce products

Salesforce offers 36 specialized solutions to support and elevate company operations across sales, service, marketing, and commerce. Let’s take a closer look at the major ones.

01

Salesforce’s flagship product, Sales Cloud, helps companies build deeper connections with customers, manage and monitor business in real-time, and pivot in ever-changing markets. Sales Cloud reps are positioned to sell more and close deals faster thanks to free on-demand training and regular feature releases.

Sales Cloud’s key features include opportunity management, process automation, contact management, and sales forecasting. The product accounts for 23 percent ($7.6 billion) of Salesforce’s total annual revenue ($34.9 billion).

02

As one of the most sought-after Salesforce products for digital marketers, Marketing Cloud enables a 360-degree view of every customer, improves campaign performance, and increases ROI.

Marketing Cloud offers enterprise-level email services, marketing automation, digital advertising, data management, and analytics, as well as a range of add-ons, including Marketing Cloud Account Engagement (formerly Pardot), Email Studio, and Journey Builder.

03

Service Cloud enables businesses to personalize support and gain comprehensive visibility into customer interactions from initial engagement to recent purchases, enhancing revenue and upselling opportunities with AI-driven insights.

Its add-ons include Field Service, Service Cloud Einstein, Service Cloud Voice, Customer Lifecycle Analytics, and Salesforce Surveys Response Pack.

In 2023, Service Cloud was Salesforce.com’s largest revenue-generating service, which earned the company close to $8.2 billion (25 percent) in total revenue.

Salesforce releases

To remain at the cutting edge of innovation and maximize value for clients, Salesforce routinely releases updates. These include seasonal updates, which occur three times a year, and updates addressing critical issues.

Seasonal releases

These occur three times a year—winter, spring, and summer—and include new features. To fully understand each release and stay informed, you should visit the Salesforce seasonal releases blog, which contains all the details about upcoming updates and preview videos.

Critical updates

Salesforce regularly rolls out critical updates that enhance functionality and improve the user experience by fixing bugs. Whenever these updates are released, Salesforce notifies you. Additionally, there is an opt-in period during which you can test these updates to see how they impact your custom code. This allows you to make informed decisions about whether to activate or deactivate each update.

AppExchange statistics

AppExchange is a marketplace that allows users to extend the power of the existing Salesforce solution through prebuilt apps and components as well as consulting services from leading Salesforce vendors.

To make your own solution available to potential customers, you must be an official Salesforce partner.

Salesforce

As of April 2024, AppExchange comprised over 7,000 prebuilt and customizable apps

In 2007, AppExchange reported only 470 independent software vendor partners and a few hundred apps, while in 2023, it included 7,000 ready-to-install apps, 2,800 certified consultants, and almost 13 million installs.

Salesforce

The global market size for Salesforce AppExchange tools was valued at approximately $41.63 billion in 2022. It’s projected to grow at a CAGR of 73.38% during the forecast period, reaching an impressive $1,130 billion by 2028.

Sales solutions top the AppExchange charts

AppExchange includes the Sales, IT, Administration, Collaboration, Marketing, and Customer Service categories; Sales is the most popular category.

Project Management apps lead the pack in the Collaboration category, enabling Salesforce customers to manage teamwork, schedule emails, keep track of deadlines, and track tasks.

Among independent marketing software products (ISVs), apps for managing marketing campaigns and automating customer lifecycle rank first. They are designed to help sales reps and marketers collaborate more efficiently while improving lead generation, customer engagement, and email campaign metrics.

Sales

IT & Administration

Marketing

Collaboration

Customer Service

30.6%

Productivity

13.8%

Sales Intelligence

13.5%

Other

8.6%

Quotes & Orders

5.7%

Dashboards & Reports

5%

Contract Management

4.9%

Email & Calendar Sync

4.5%

Sales Methodologies

3.3%

Geolocation

3%

ECommerce

2.2%

Document Generation

2.1%

Forecasting & Territory Management

1.7%

Compensation Management

1.1%

Partner Management

40.1%

Admin&Developers tool

20%

Integration

19.3%

Other

11.7%

IT Management

8.8%

Data Cleansing

0.1%

Document Generation

36.4%

Other

22.4%

Campaign Management

14.3%

Event Management

11.8%

Marketing Automation

9%

Mass Emails

6.2%

Websites

34.8%

Project Management

32.4%

Other

21.2%

Document Management

5.8%

Chatter

5.5%

Chat & Web Conferencing

0.3%

Agent Productivity

33.3%

Other

23.1%

Telephony

22%

Agent Productivity

11.8%

Field Service

9.8%

Surveys

Salesforce developers

Jobs involving the use of products in the Salesforce ecosystem are predicted to exceed 9 million by 2026.

Over 6,000 Salesforce developers in the United States work in consulting agencies or independently as freelancers. Salesforce is expected to create nine million jobs worldwide through 2026, adding $1.6 trillion in new business revenue to local economies.

Salesforce

Mid-level Salesforce developers are the most sought-after specialists

Salesforce-related positions fall into the following hierarchical categories: junior, middle, senior, and architect.

Salesforce

Huge demand for mid-level developers is largely attributed to the fact that they have the requisite Apex abilities, integration skills, and knowledge of the best practices.

Salesforce developers grades vacancies

Mid-level
43.9%
Senior-level
22.8%
Junior-level
19.5%
Architect
13.8%

The average Salesforce team size varies from 1 full-time administrator to 1-2 business analysts and 2-4 administrators.

Team size depends on a variety of factors like the number of active users, the needs of the administrator, the number of business units that use Salesforce CRM solutions, and geographic region.

Among all open Salesforce positions, the demand for developers is the highest.

Among 50,000 vacancies analyzed, more than 38,000 are related to Salesforce developer jobs.

Salesforce vacancies

Developer
72.4%
Administrator
16.3
Consultant
5.5%
Other
5.8%

US number of Salesforce vacancies in 2021

Job openings

Salesforce admin

12.1
12.1

Salesforce architect

15.7
15.7

Salesforce consultant

31.1
31.1

Salesforce designer

4.7
4.7

Salesforce developer

52.3
52.3

Salesforce business analyst

34.9
34.9

Salesforce marketer

45.9
45.9

Sales professionals

108.1
108.1

Service professionals

23.8
23.8

Analytics management

69.3
69.3

Community management

1.7
1.7

Product management

8.2
8.2

The passing score for being certified by Salesforce is 65 percent.

Salesforce recommends course completion and hand-on experience to become a Salesforce Certified Administrator.

The certification exam consists of 60 multiple-choice questions and takes 1.5 hours at a special testing center or in a proctored online test ($200 registration fee + tax, retake fee $100 + tax). Results are provided immediately after exam submission.

The salary for an entry-level Salesforce developer in the US starts at $83,000; the median level for mid-level salaries is $120,000.

Several years of relevant experience and solid Apex coding skills are necessary to become a senior specialist. At that level, a Salesforce developer should be acquainted with the full application development cycle and be able to take into account the nuances of complicated business logic and workflows.

But, with more responsibility comes a bigger paycheck: Salesforce senior developer salaries range from $137,000 to $197,000. Still, demand for senior specialists is lower because projects usually require a maximum of two senior developers.

At the top of the Salesforce developer hierarchy is the Salesforce solution architect or application architect who makes critical decisions related to security standards. The average Salesforce senior solution architect salary is $250,000 per year.

Equality

Equality is a core value at Salesforce. Diverse perspectives fuel innovation and enhance connections among people. In 2023, more than 50 percent of Salesforce’s US workforce was made up of underrepresented groups (Black, Latinx, Indigenous, and Multiracial). Salesforce has committed to having underrepresented groups account at the VP level or above for half of its workforce.

Global employee gender representation

Compared to 2018, more women started working at Salesforce globally in 2023 — the number increased from 31.6 percent to 36 percent; hiring of men dropped slightly in the same time period from 68.2 percent in 2018 to 63.4 percent in 2022. The number of non-binary employees remains the same at 0.2 percent.

US employee gender representation

The same trend shows up in the US: The number of women hired by Salesforce grew from 33.6 percent in 2018 to 36 percent in 2023, while the number of men hired decreased from 66.1 percent in 2018 to 60.1 percent in 2022.

US employee race and ethnicity representation

Salesforce’s employees span race and ethnic representations: White (54.2 percent)), Asian (26.9 percent), Hispanic or Latinx (5.7 percent), Black or African American (5.2 percent), Multiracial (2.8 percent), Undisclosed (4.4 percent), Native Hawaiian or other Pacific Islander (0.3 percent), Native American or Native Alaskan (0.3 percent).

Additional US representation data

LGBTQ+ employees constitute 3.2 percent of the company’s workforce while people with disabilities account for 3.1 percent and veterans account for 2.3 percent.

Salesforce

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