Press release
Global Lead Management Market Projected to Grow at 8.1% CAGR, Reaching $23.87 Billion by 2029
Lead Management Market
How Large Will the Lead Management Market Size By 2025?
There has been a considerable increase in the size of the lead management market in the past few years. This is expected to rise from $16.19 billion in 2024 to a whopping $17.48 billion in 2025, marking a compound annual growth rate (CAGR) of 8.0%. This impressive growth in the historical period can be traced back to factors such as the growing adoption of automated systems, increased demand for predictive analytics, rising significance of decisions driven by data, growing acceptance of account-based marketing (ABM), and a rise in the use of social selling.
How Big Is the Lead Management Market Size Expected to Grow by 2029?
Expectations suggest a significant leap in the size of the lead management market in the upcoming years, with a projected growth to a sizable $23.87 billion by 2029, a progression celebrated with a compound annual growth rate (CAGR) of 8.1%. Several factors are contributing to this optimistic projection within the forecast period, including an enhanced adoption of AI-powered lead scoring, increased demand for CRM-integrated lead management solutions, a heightened usage of chatbots, amplified social media utilisation, and an upsurge in investments within AI-powered lead qualification models. Key trends that can be traced in the forecast period involve AI-powered lead scoring, predictive analytics, machine learning, a blend of lead data enrichment alongside big data, and the introduction of innovative products.
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Which Key Market Drivers Powering Lead Management Market Expansion and Growth?
The anticipated growth of the lead management market is linked to the escalating popularity of social media. Social media platforms, which allow people to create, share, interact with content, and connect with others instantly, are seeing an uptick, fueled by the expanding smartphone usage, faster internet connections, and an increased appetite for digital content consumption. This worldwide connectivity and engagement have resulted in augmented demands for effective lead management systems to successfully capture, follow, and nurture the rising number of potential customers on these platforms. The abundant user data and interactions generated through social media necessitate robust lead management solutions for companies to analyze behavior, customize communication, and refine conversion strategies. For example, a report in February 2024 by We Are Social, a UK-based media agency, indicated that there were 56.2 million social media users in the UK, employing 6.4 platforms daily for an average of 1 hour 49 minutes. Most 16-64-year-olds used social media to stay connected (55.4%), pass time (40%), and read news (27.5%). A surge of users was noted on platforms like Facebook, Instagram, TikTok, LinkedIn, and Snapchat, with Pinterest adding 5.9 million users, a 77.9% increase in its ad audience. Hence, the thriving social media presence propels the expansion of the lead management market.
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Which Fast-Growing Trends Are Poised to Disrupt the Lead Management Market?
Top corporations within the lead management market are concentrating their efforts on creating high-tech products, like those powered by artificial intelligence (AI) for lead management. These advancements are beneficial for the automation of processes, improving lead qualification, deducing insights from data, and creating personalized client interactions. For example, LocaliQ, a digital marketing solutions provider from the US, launched Dash, an AI-based lead management application in January 2025. This AI-operated software as a service (SaaS) platform revolutionizes lead management by automating the scoring, categorization, and prioritization of leads thereby enhancing efficiency and conversion rates. With Dash, manual processes are replaced with intelligent automation, allowing companies to redirect their focus on tasks of higher value while AI oversees lead processing. One of Dash's main features includes an AI SMS assistant that uses natural language processing (NLP) and machine learning to instantaneously answer SMS inquiries, qualify leads, and manage the 40% of leads that usually go unresponded, promising faster and more productive engagement.
What Are the Emerging Segments in the Lead Management Market?
The lead managementmarket covered in this report is segmented -
1) By Component: Software, Services
2) By Deployment Type: Cloud-Based, On-Premise
3) By Purpose: Lead Generation, Lead Qualification, Lead Nurturing, Sales Automation
4) By Enterprise Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
5) By Industry Vertical: Banking, Financial Services, And Insurance (BFSI), Information Technology (IT) And Telecom, Retail and E-commerce, Healthcare And Life Sciences, Manufacturing, Media And Entertainment, Other Industry Verticals
Subsegments:
1) By Software: Cloud-Based Lead Management Software, On-Premise Lead Management Software, AI-Powered Lead Management Software, CRM-Integrated Lead Management Software
2) By Services: Consulting Services, Implementation & Integration Services, Support & Maintenance Services, Training & Education Services
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Who Are the Global Leaders in the Lead Management Market?
Major companies operating in the lead management market are Salesforce Inc., Zoho Corporation Pvt Ltd., HubSpot Inc., Zendesk Inc., Monday Ltd., Thryv Inc., Freshworks Inc., LeadSquared Inc., Sugar CRM Inc., Pipedrive Inc., Copper CRM Inc., Apollo, LeadGenius Inc., Office24by7, Pipelinersales Inc., ket*o, Salesboom Inc., Velocify, Cratio Software Pvt Ltd., Leadforce, Snovio Inc., Vtiger, Kartra LLC, Oxyleads, Salesflare.
Which are the Top Profitable Regional Markets for the Lead Management Industry?
Asia-Pacific was the largest region in the lead management market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the lead management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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