Asia Pacific Lead Generation Solution Market Size, Share, and Analysis by 2028
Asia Pacific Lead Generation Solution Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Offering (Software and Services) and Enterprise Size (SMEs and Large Enterprises)
- Report Date : Aug 2021
- Report Code : TIPRE00024453
- Category : Technology, Media and Telecommunications
- Status : Published
- Available Report Formats :
- No. of Pages : 84
The APAC lead generation solution market is expected to grow from US$ 743.29 million in 2021 to US$ 2,436.54 million by 2028; it is estimated to grow at a CAGR of 18.5% from 2021 to 2028.
China, India, Japan, South Korea, and Australia are major economies in APAC. Rapid growth of finance and insurance sector is expected to fuel the market growth in coming years. In APAC region, the finance and insurance sector is growing rapidly on a large scale. Rising per capita disposable income has led to increase in impulsive buying. As income has increased, various banks as well as nonbanking financial institutes and finance firms are willing to give loans for various purposes. Vehicle loan, education loan, personal loan, home loan, agriculture loan, gold loan, etc., are the types of loans offered to customers. Along with this, health insurance, vehicle insurance, term insurance, travel insurance, property insurance, etc., are the insurance types offered by insurance companies. Companies and firms can make use of lead generation software and services for approaching relevant customers with high conversion probability. The lead generation software and services help in collecting and generating leads based on parameters such as past loan history, credit score, salary, income, and assets. Based on various statistics and figures, companies can structure innovative plans and schemes for respective new segment of customers. For example, Hubspot’s Marketing Software helps in running successful campaigns, converting visitors to customers, and attracting only potential leads, thereby saving time wasted on every single visitor. So the growing use of lead generations solutions in finance and insurance sector is expected to drive the APAC lead generation solution market.In case of COVID-19, APAC is highly affected especially India. APAC experienced a notable decline in several economic activities as the government authorities imposed strict lockdowns, travel bans, and business shutdown. Many countries in Asia are in a developing state. Owing to layoffs and salary cuts, buying capacity of majority of consumers was affected drastically. Expenditure on nonessentials was avoided as much as possible. Reduced purchasing power resulted in weak demand from various sectors. Many small and medium sized enterprises (SMEs) were closed permanently. Automobiles, restaurants, transport, and textile are some of worst-affected businesses in the APAC region. Thus, lead generation solution companies serving the mentioned businesses suffered negatively owing to lesser demand. Since schools and colleges were closed, scope for online education has grown to a large extent. In order to avoid infection and adhere to several precautionary measures, schools, colleges, and coaching institutes continued their schedule from remote places, wherever possible. Also, online platforms offering coding classes for young children grew to unimaginable extent. WhiteHat Jr., an online platform for coding, witnessed a monthly growth of 100% since the imposition of lockdown. Health insurance providers experienced a remarkable rise in the count of medical insurance related enquiries with 30–40% more clients looking for cover against the deadly virus. Lead generation software and services catering to education and health insurance sector saw considerable demand even during the lockdown.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC lead generation solution market. The APAC lead generation solution market is expected to grow at a good CAGR during the forecast period. 
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APAC Lead Generation Solution Market Segmentation
APAC Lead Generation Solution Market – By Offering
- Software
- Services
APAC Lead Generation Solution Market – By Enterprise Size
- SMEs
- Large Enterprises
APAC Lead Generation Solution Market, by Country
- China
- Japan
- India
- South Korea
- Australia
- Rest of APAC
APAC Lead Generation Solution Market -Companies Mentioned
- agilecrm.com
- Bitrix, Inc.
- callboxinc.com
- Cience Technologies
- HubSpot, Inc.
- TechTarget
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Offering and Enterprise Size
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Lead Generation Solution Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. APAC Lead Generation Solution Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Escalating Scope of Education Sector
5.1.2 Surging Count of Internet Users
5.2 Market Restraints
5.2.1 Scarcity of Awareness About Lead Generation Tools
5.3 Market Opportunities
5.3.1 Rapid Growth of Finance and Insurance sector
5.4 Future Trends
5.4.1 Amalgamation with Artificial Intelligence and Machine Learning
5.5 Impact Analysis of Drivers and Restraints
6. Lead Generation Solution Market – APAC Analysis
6.1 APAC Lead Generation Solution Market Overview
6.2 APAC Lead Generation Solution Market Revenue Forecast and Analysis
7. APAC Lead Generation Market Analysis – By Offering
7.1 Overview
7.2 APAC Lead Generation Solution Market, By Offering (2020 and 2028)
7.3 Software
7.3.1 Overview
7.3.2 Software: Lead Generation Solution Market – Revenue, and Forecast to 2028 (USD Million)
7.4 Services
7.4.1 Overview
7.4.2 Services: Lead Generation Solution Market – Revenue, and Forecast to 2028 (USD Million)
8. APAC Lead Generation Solution Market Analysis – By Enterprise Size
8.1 Overview
8.2 APAC Lead Generation Solution Market, By Enterprise Size (2020 and 2028)
8.3 SMEs
8.3.1 Overview
8.3.2 SMEs: Lead Generation Solution Market – Revenue, and Forecast to 2028 (USD Million)
8.4 Large Enterprises
8.4.1 Overview
8.4.2 Large Enterprises: Lead Generation Solution Market – Revenue, and Forecast to 2028 (USD Million)
9. APAC Lead Generation Solution Market – Country Analysis
9.1 Overview
9.1.1 APAC: Lead Generation Solution Market, By Country
9.1.1.1 Australia: Lead Generation Solution Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.1.1 Australia: Lead Generation Solution Market, By Offering
9.1.1.1.2 Australia: Lead Generation Solution Market, By Enterprise Size
9.1.1.2 China: Lead Generation Solution Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.2.1 China: Lead Generation Solution Market, By Offering
9.1.1.2.2 China: Lead Generation Solution Market, By Enterprise Size
9.1.1.3 India: Lead Generation Solution Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.3.1 India: Lead Generation Solution Market, By Offering
9.1.1.3.2 India: Lead Generation Solution Market, By Enterprise Size
9.1.1.4 Japan: Lead Generation Solution Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.4.1 Japan: Lead Generation Solution Market, By Offering
9.1.1.4.2 Japan: Lead Generation Solution Market, By Enterprise Size
9.1.1.5 South Korea: Lead Generation Solution Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.5.1 South Korea: Lead Generation Solution Market, By Offering
9.1.1.5.2 South Korea: Lead Generation Solution Market, By Enterprise Size
9.1.1.6 Rest of APAC: Lead Generation Solution Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.6.1 Rest of APAC: Lead Generation Solution Market, By Offering
9.1.1.6.2 Rest of APAC: Lead Generation Solution Market, By Enterprise Size
10. APAC Lead Generation Solution Market - COVID-19 Impact Analysis
10.1 APAC: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
12. Company Profiles
12.1 agilecrm.com
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 callboxinc.com
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Cience Technologies
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Bitrix, Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 HubSpot, Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 TechTarget
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. APAC Lead Generation Solution Market Revenue and Forecast to 2028 (US$ Million)
Table 2. APAC Lead Generation Solution Market, By Country – Revenue and Forecast to 2027 (US$ Million)
Table 3. Australia Lead Generation Solution Market, By Offering– Revenue and Forecast to 2027 (US$ Million)
Table 4. Australia Lead Generation Solution Market, By Enterprise Size – Revenue and Forecast to 2027 (US$ Million)
Table 5. China Lead Generation Solution Market, By Offering– Revenue and Forecast to 2027 (US$ Million)
Table 6. China Lead Generation Solution Market, By Enterprise Size – Revenue and Forecast to 2027 (US$ Million)
Table 7. India Lead Generation Solution Market, By Offering– Revenue and Forecast to 2027 (US$ Million)
Table 8. India Lead Generation Solution Market, By Enterprise Size – Revenue and Forecast to 2027 (US$ Million)
Table 9. Japan Lead Generation Solution Market, By Offering– Revenue and Forecast to 2027 (US$ Million)
Table 10. Japan Lead Generation Solution Market, By Enterprise Size– Revenue and Forecast to 2027 (US$ Million)
Table 11. South Korea Lead Generation Solution Market, By Offering– Revenue and Forecast to 2027 (US$ Million)
Table 12. South Korea Lead Generation Solution Market, By Enterprise Size – Revenue and Forecast to 2027 (US$ Million)
Table 13. Rest of APAC Lead Generation Solution Market, By Offering– Revenue and Forecast to 2027 (US$ Million)
Table 14. Rest of APAC Lead Generation Solution Market, By Enterprise Size – Revenue and Forecast to 2027 (US$ Million)
Table 15. List of Abbreviation
LIST OF FIGURES
Figure 1. APAC Lead Generation Solution Market Segmentation
Figure 2. APAC Lead Generation Solution Market Segmentation – By Country
Figure 3. APAC Lead Generation Solution Market Overview
Figure 4. APAC Lead Generation Solution Market, By Offering
Figure 5. APAC Lead Generation Solution Market, By Enterprise Size
Figure 6. APAC Lead Generation Solution Market, By Country
Figure 7. APAC – PEST Analysis
Figure 8. APAC Lead Generation Solution Market- Ecosystem Analysis
Figure 9. APAC Lead Generation Solution Market Impact Analysis of Drivers and Restraints
Figure 10. APAC Lead Generation Solution Market Revenue Forecast and Analysis (US$ Million)
Figure 11. APAC Lead Generation Solution Market Revenue Share, by Product Type (2020 and 2028)
Figure 12. APAC Software: Lead Generation Solution Market – Revenue, and Forecast to 2028 (USD Million)
Figure 13. APAC Services: Lead Generation Solution Market – Revenue, and Forecast to 2028 (USD Million)
Figure 14. APAC Lead Generation Solution Market Revenue Share, by Application (2020 and 2028)
Figure 15. APAC SMEs: Lead Generation Solution Market – Revenue, and Forecast to 2028 (USD Million)
Figure 16. APAC Large Enterprises: Lead Generation Solution Market – Revenue, and Forecast to 2028 (USD Million)
Figure 17. APAC: Lead Generation Solution Market, by Key Country – Revenue (2020) (USD Million)
Figure 18. APAC: Lead Generation Solution Market Revenue Share, By Country (2020 and 2028)
Figure 19. Australia: Lead Generation Solution Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. China: Lead Generation Solution Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. India: Lead Generation Solution Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. Japan: Lead Generation Solution Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. South Korea: Lead Generation Solution Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Rest of APAC: Lead Generation Solution Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. Impact of COVID-19 Pandemic in APAC Country Markets
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The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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