Lead Intelligence Software Market Trends

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	2023
Forecast Year	2024-2036
CAGR	6.3%
Base Year Market Size (2023)	USD 8.19 billion
Forecast Year Market Size (2036)	USD 18.12 billion
Regional Scope	North America (U.S., and Canada) Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific) Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Latin America (Mexico, Argentina, Brazil, Rest of Latin America) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of lead intelligence software is estimated at USD 8.6 billion.

Lead Intelligence Software Market size was valued at USD 8.19 billion in 2023 and is set to cross USD 18.12 billion by 2036, registering more than 6.3% CAGR during the forecast period i.e., between 2024-2036. Upsurge in the business to business (B2B) and business to consumer (B2C) e-commerce as well as increasing IT spending will drive the market growth.

North America industry is expected to dominate majority revenue share by 2036, 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.

Lead Intelligence Software Market Trends