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Lead Generation Software Market Poised to Hit $8.58 Billion by 2029 with Accelerating Growth Trends
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Lead Generation Software Market Size Growth Forecast: What to Expect by 2025?
The market size for lead generation software has experienced robust growth lately. The prediction is that the market will expand from $5.39 billion in 2024 to $5.92 billion in 2025, evidencing a compound annual growth rate (CAGR) of 10.0%. Drivers of growth in the past were the growing prominence of data-oriented marketing, a surge in the uptake of digital marketing strategies, the rising need for lead and sales generation, enhanced smartphone affordability, and accelerated digital transformation.
How Will the Lead Generation Software Market Size Evolve and Grow by 2029?
The market size of lead generation software is projected to experience substantial growth in the coming years, scaling up to $8.58 billion in 2029, with a compound annual growth rate (CAGR) of 9.7%. This surge during the prediction period can be credited to the escalating demand for customer acquisition, focus on marketing automation, widespread acceptance of account-based marketing (ABM), increased emphasis on digital marketing, and the rising count of internet users. Significant trends during this forecast period incorporate progress in artificial intelligence (AI) and machine learning (ML), aspiration for budget-friendly solutions, necessity for predictive analytics, demand for superior lead capture and CRM solutions, and requirement for mobile-friendly solutions.
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What Drivers Are Propelling the Growth of Lead Generation Software Market Forward?
The surge in internet users is anticipated to boost the expansion of the lead generation software market in the future. An internet user is defined as someone who can access and use the internet, which is a wider network of linked computers and devices. This surge is driven by the rise of social media and networking, the boom in e-commerce, and the move to digitize services. The main purpose of lead management software is to aid businesses in enhancing their lead generation and transformation processes. However, it can also indirectly improve the experience of internet users by providing them with more pertinent content and offers, while also ensuring the protection and privacy of their data. As an example, the International Telecommunication Union, a specialized agency based in Switzerland, reported in February 2024 that the number of internet users had risen from 5.1 billion in 2022 to 5.4 billion in 2023. As a result, the rising number of internet users is propelling the growth of the lead generation software market.
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Which Emerging Trends Are Transforming the Lead Generation Software Market in 2025?
Key players in the lead management software market have started to create AI-centric account prioritization software, which facilitates more precise and data-led decisions regarding lead prioritization and sales targeting strategies. The term AI-based account prioritization software belongs to a class of technological solutions that utilize artificial intelligence (AI) and machine learning techniques to help firms manage and prioritize their sales leads and accounts more effectively. For example, in October 2023, Gradient Works, a software firm located in Austin, unveiled a new AI-centric account prioritization software known as Market Map. This software empowers B2B sales teams to closely fine-tune their ideal customer profile (ICP) using a data-driven strategy for choosing target accounts. Market Map employs generative AI as well as proprietary machine learning techniques to examine how all the accounts in a company's CRM represent their unique products, services, and markets in public.
What Are the Key Segments in the Lead Generation Software Market?
The lead generation software market covered in this report is segmented -
1) By Type: Click Lead, Call Lead
2) By Functionality: Lead Capture And Tracking, Lead Nurturing And Management, Lead Scoring And Qualification, Analytics And Reporting
3) By Deployment: Cloud-Based, On-Premises
4) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
5) By Application: Health, Life, Auto, Home
Subsegments:
1) By Click Lead: Landing Page Optimization, Forms And Surveys, Ad Campaigns (PPC, Display Ads), Email Marketing Integration, Social Media Lead Capture, Content Marketing (Blogs, E-Books)
2) By Call Lead: Click-To-Call Features, Call Tracking And Analytics, IVR Systems (Interactive Voice Response), Call Routing And Management, Call Recording And Monitoring, SMS Or Voice Call Campaigns, Outbound Call Automation
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Who Are the Key Players Shaping the Lead Generation Software Market's Competitive Landscape?
Major companies operating in the lead generation software market are Salesforce Inc., Adobe Inc., HubSpot Inc., Zoho Corporation Pvt. Ltd., ZoomInfo Technologies Inc., DiscoverOrg, LeadFuze, ActiveCampaign LLC, CIENCE Technologies, Intercom Inc, Driftcom Inc., RocketReach, Keap, Lusha Systems Inc., Bombora Inc., Smith ai, Unbounce, Clearbit Inc., LeadGenius, SalesLoft, Hunter io, Leadfeeder, SharpSpring, Leadformly, Cleverly Inc.
What Geographic Markets Are Powering Growth in the Lead Generation Software Market?
North America was the largest region in the lead generation software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the lead generation software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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