Lead Mining Software Market size was over USD 1.43 billion in 2023 and is poised to cross USD 16.5 billion by 2036, growing at more than 20.7% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of lead mining software is estimated at USD 1.67 billion. The growth of the market can primarily be attributed to the growing e-commerce sales worldwide, which was estimated to be more than 25 trillion in 2018, showcasing an increase of 8% from 2017.
Lead mining software use technology to scrape data from different websites and find data from social media, emails and others to find new leads and increase the sales team pipeline and database. Lead mining software helps companies to find new business opportunities and extend the existing customer database. Increasing number of business and services marking their online presence with the help of websites is expected to create massive revenue generation opportunities for the key players operating in the global lead mining software market during the forecast period. For instance, in January 2022, there were ~200,000,000 active websites worldwide.
Author Credits: Abhishek Verma
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