Global Non-Profit Fundraising Software Market Size To Worth USD 9.5 Billion By 2033 | CAGR of 12.27%
Category: Banking & FinancialGlobal Non-Profit Fundraising Software Market Size To Worth USD 9.5 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Non-Profit Fundraising Software Market Size is to Grow from USD 3.7 Billion in 2023 to USD 9.5 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 12.27% during the projected period.
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Browse key industry insights spread across 245 pages with 110 Market data tables and figures & charts from the report on the "Global Non-Profit Fundraising Software Market Size, Share, and COVID-19 Impact Analysis, By Type of Non-profit Organization (Charities and Foundations, Membership Organizations, Educational Institutions, Religious Institutions, and Healthcare Organizations), By Software Type (Online Donation Platforms, Peer-to-Peer Fundraising Tools, Donor Management Systems, and Grant Management Software), By Deployment (Cloud-Based, and On-Premises), 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/non-profit-fundraising-software-market
Fundraising software is used to collect, organize, manage, and use donor data. Most of its functions are similar to customer relationship management (CRM) software, but it also includes additional marketing capabilities. This allows nonprofits to send customized messages, personalize fundraising campaigns, and manage operations. It’s important to increase donor retention for non-profit organizations to raise large amounts of funds.
Benefits of non-profit fundraising software include automating repetitive tasks like sending emails, social media posting, donor segmentation interests and characteristics, fundraising progress tracking in real-time, and better data collection. These benefits help organizations by streamlining their operations and fundraising campaigns, boosting the non-profit fundraising software market. However, factors like high initial implementation, ongoing maintenance costs, and data security might hinder the market growth potential.
The charities and foundations segment is anticipated to hold the greatest share of the global non-profit fundraising software market during the projected timeframe.
Based on the type of non-profit organization, the global non-profit fundraising software market is divided into charities and foundations, membership organizations, educational institutions, religious institutions, and healthcare organizations. Among these, the charities and foundations segment is anticipated to hold the greatest share of the global non-profit fundraising software market during the projected timeframe. This is due to the high volume and diversity of fundraising activities they undertake. They have widespread donor networks and complex fundraising campaigns that require advanced software solutions. These organizations benefit from advanced donor management, automated communication, and detailed analytics.
The donor management systems segment is anticipated to hold the greatest share of the global non-profit fundraising software market during the projected timeframe.
Based on the software type, the global non-profit fundraising software market is divided into online donation platforms, peer-to-peer fundraising tools, donor management systems, and grant management software. Among these, the donor management systems segment is anticipated to hold the greatest share of the global non-profit fundraising software market during the projected timeframe. Donor management systems is critical for non-profits as they provide built-in tools to manage and analyze donor information, and streamline communication. It helps NPOs build stronger, and personalized relationships with their supporters. Also, these systems can integrate seamlessly with other fundraising tools.
The cloud-based segment is anticipated to grow at the fastest pace in the global non-profit fundraising software market during the projected timeframe.
Based on the deployment, the global non-profit fundraising software market is divided into cloud-based, and on-premises. Among these, the cloud-based segment is anticipated to grow at the fastest pace in the global non-profit fundraising software market during the projected timeframe. Cloud-based non-profit fundraising software can be accessed via smartphones or web browsers from anywhere and at any time. It eliminates the need for significant upfront investments in hardware and IT infrastructure, making it accessible to organizations of all sizes, and allowing the volunteers to manage fundraising activities and access donor data from anywhere.
North America is anticipated to hold the largest share of the global non-profit fundraising software market over the forecast period.
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North America is anticipated to hold the largest share of the global non-profit fundraising software market over the predicted timeframe. The North American region has a high concentration of non-profit organizations and high funding from individual donors and corporate entities. The technological infrastructure in North America boosts the adoption of advanced fundraising software, allowing non-profits to leverage the latest innovations in tech. Also, North America has an old culture of philanthropy, supported by favorable tax policies and government incentives that encourage charitable giving.
Asia Pacific is expected to grow at the fastest pace in the global non-profit fundraising software market during the forecast period. This is because developing nations like India, China, Japan, and Indonesia have been adopting non-profit fundraising software methods over conventional methods because of ease of access and effectiveness. The region’s growth is also because of the cultural shift towards philanthropy and rising income levels.
Major vendors in the Global Non-Profit Fundraising Software Market include Bloomerang, Qgiv, and Fundraise Up at the top three positions, followed by Handbid, GoFundMe, Regpack, Giveeffect, 360MatchPro, DonorSearch, Givebutter, Causevid, Bonfire, OneCause, Donately, Donorbox, and Others.
Recent Developments
- In January 2024, Sphere, a leading financial technology company, successfully divested Qgiv, a nonprofit fundraising technology platform, to Bloomerang, the complete nonprofit donor and volunteer relationship management platform.
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 Non-Profit Fundraising Software Market based on the below-mentioned segments:
Global Non-Profit Fundraising Software Market, By Type of Non-Profit Organizations
- Charities and Foundations
- Membership Organizations
- Educational Institutions
- Religious Institutions
- Healthcare Organizations
Global Non-Profit Fundraising Software Market, By Software Type
- Online Donation Platforms
- Peer-to-Peer Fundraising Tools
- Donor Management Systems
- Grant Management Software
Global Non-Profit Fundraising Software Market, By Deployment
- Cloud-Based
- On-Premises
Global Non-Profit 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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