Global Fundraising Software Market Size To Worth USD 6.17 Billion by 2033 | CAGR of 10.13%

Category: Banking & Financial

RELEASE DATE Sep 2024
REPORT ID SI6054

Global Fundraising Software Market Size To Worth USD 6.17 Billion by 2033

According to a research report published by Spherical Insights & Consulting, the Global Fundraising Software Market Size is to Grow from USD 2.35 Billion in 2023 to USD 6.17 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 10.13% during the projected period.  

 

Global Fundraising Software Market

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Browse key industry insights spread across 260 pages with 118 Market data tables and figures & charts from the report on the "Global Fundraising Software Market Size, Share, and COVID-19 Impact Analysis, By Deployment (Cloud-Based, On-Premise), By Application (Non-profit Organizations, Individuals), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033."  Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/fundraising-software-market

 

Fundraising involves collecting donations for various causes undertaken by for-profit and nonprofit organizations. Crowdfunding drives often address business needs, urgent medical funds, women’s empowerment, and education for the underprivileged. Nonprofits also raise funds for social and religious activities. Fundraising software aids campaign management, donor relations, and financial tracking, streamlining tasks for nonprofits, educational institutions, and healthcare organizations. Its benefits include better donor retention, transparency, compliance, and efficient management of donor information. There are significant market growth opportunities, with a trend towards mobile accessibility and user-friendly interfaces for remote operations.

 

The drive for transparency and accountability, coupled with AI and ML integration, fuels the need for fundraising software to personalize donor engagement and predict behaviour. Cloud-based and mobile technology enhances accessibility and scalability while rising philanthropic activities increase demand for comprehensive fundraising management solutions. However, high initial setup costs, difficult transitions from legacy systems, data security challenges, required extensive training and market saturation restrain the fundraising software market.

 

The cloud-based segment is anticipated to hold the greatest share of the global fundraising software market during the projected timeframe.

Based on the deployment, the global fundraising software market is divided into cloud-based, and on-premise. Among these, the cloud-based segment is anticipated to hold the greatest share of the global fundraising software market during the projected timeframe. Cloud technology provides flexibility and scalability, enabling remote access, real-time updates, and collaboration for organizations of all sizes with lower upfront costs and maintenance. It enhances data security and offers automatic updates, ensuring high protection standards and access to the latest advancements without downtime.

 

The non-profit segment is anticipated to hold the greatest share of the global fundraising software market during the projected timeframe.

Based on application, the global fundraising software market is divided into non-profit organizations and individuals.  Among these, the non-profit segment is anticipated to hold the greatest share of the global fundraising software market during the projected timeframe. This segment is driven by the need for efficient fundraising processes in non-profits, which rely on the software to manage donor relations, track donations, and ensure transparency. The software also helps organize campaigns, analyze donor data, and comply with financial regulations while safeguarding sensitive information.

 

North America is anticipated to hold the largest share of the global fundraising software market over the forecast period.

 

Global Fundraising Software Market

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North America is anticipated to hold the largest share of the global fundraising software market over the predicted timeframe. The North American region’s market is driven by the high concentration of nonprofit organizations, philanthropic foundations, and charitable institutions. North America's advanced technological infrastructure aids in adopting cutting-edge fundraising solutions, with leading providers like Salesforce and Blackbaud driving continuous innovation. Additionally, a stringent regulatory environment, high disposable income, and a strong culture of philanthropy in countries like the U.S. and Canada further boost the regional fundraising market.

 

Asia Pacific is expected to grow fastest in the global fundraising software market during the forecast period. The rapid growth in countries like India, China, and Japan is driven by digital technology adoption, an expanding nonprofit sector, and supportive government initiatives. Rising awareness of fundraising software benefits and increasing disposable incomes further encourage charitable giving, boosting the regional market.

 

Major vendors in the Global Fundraising Software Market include Qgiv, Salsa, Double the Donation, WeFunder, Donately, Kiva, DONORSEARCH, Fundraising Report Card, DonorPerfect, Fundly, MailChimp, Morweb, Kickstarter, NeonCRM, Swoop, and Others.

 

Recent Developments

 

  • In May 2023, Monday fundraising combines communications tools with a project management dashboard in order to help you keep track of your fundraising pipelines and donor relationships.

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Global Fundraising Software Market based on the below-mentioned segments:

 

Global Fundraising Software Market, By Deployment

  • Cloud-Based
  • On-Premise

 

Global Fundraising Software Market, By Application

  • Non-profit Organizations
  • Individuals

 

Global Fundraising Software Market, Regional

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

 

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

 

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