Global Lead Intelligence Software Sector: Growth Drivers and Challenges
Growth Drivers
- Growing IT spending – resulting into more business marking their presence online and building digital customer database. For instance, in 2020, the overall IT spending was estimated to be more than USD 85billion in India.
- Emergence of Digital Technologies – is responsible for boosting digital transformation of various businesses, processes and products, which is escalating the need for lead intelligence software to capture potential customers. For instance, it was found that, the United States and China accounted for ~75% of all blockchain technologies related patents and ~50 % of global spending on IoT.
- Upsurge in the Business to Consumer (B2C) E-Commerce – it estimated that in 2018, approximately 1.4 billion people preferred online shopping worldwide.
- Increasing Lead Generation – more than 50% of marketers allocate almost half of their budget on lead generation campaigns. The data is further utilized by ~84% of marketers to collect details from leads and contact ideal prospects with the help of lead intelligence software.
Challenges
- StringentPrivacy Policy and Security Regulations
- Additional Investments for Customized Integration
- Different Industry-specific Needs
Lead Intelligence Software Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
6.3% |
|
Base Year Market Size (2024) |
USD 8.71 billion |
|
Forecast Year Market Size (2037) |
USD 19.27 billion |
|
Regional Scope |
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of lead intelligence software is assessed at USD 9.18 billion.
Lead Intelligence Software Market size was valued at USD 8.71 billion in 2024 and is expected to reach USD 19.27 billion by 2037, registering around 6.3% CAGR during the forecast period i.e., between 2025-2037.
North America industry is estimated to account for largest revenue share by 2037, backed by presence of a strong internet connectivity in the region, growing number of online businesses as well as the increasing purchases through e-commerce platforms.
The major players in the market are RocketReach.co, Datanyze, Grow, Inc., Lead411 Corporation, ZoomInfo Technologies LLC, Oracle Corporation, Relationship Capital Partners, Inc., HG Insights Inc., Zenleads, Inc., and others.
