Lead Mining Software Market Trends

Growth Drivers

• Rising Number of Email-users – The surge in emails escalates the demand for lead mining software as businesses use emails to capture and extend the customer database. There are approximately 4 billion email users worldwide, estimated in 2022.
• Upsurge in the Number of Business Website Visitors - It has been observed that on an average business websites receive approximately 1500 – 2500 visitors per month.
• Increase in the Number of Social Media Users –It has been found that, in July 2022, approximately 59 % of the global population used social media.
• Growing Number of Internet Users – It has been estimated that in 2022, there are more than 4.5 billion active internet users worldwide.

Challenges

• Compliance with Data Security Law and Privacy Policy
• Concern about the Accuracy of Lead Information
• Efficiency and Scalability of the Algorithms