Global Fundraising Software Market Insights Forecasts to 2033

• The Global Fundraising Software Market Size was Valued at USD 2.35 Billion in 2023
• The Market Size is Growing at a CAGR of 10.13% from 2023 to 2033
• The Worldwide Fundraising Software Market Size is Expected to Reach USD 6.17 Billion by 2033
• Asia Pacific is Expected to Grow the fastest during the forecast period.

 

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The Global Fundraising Software Market Size is Anticipated to Exceed USD 6.17 Billion by 2033, Growing at a CAGR of 10.13% from 2023 to 2033.

 

Market Overview

Individuals or groups collect donations for various causes, known as fundraising. Both for-profit and not-for-profit organizations engage in fundraising activities. Fundraisers are those involved in raising funds for specific causes. Fundraising focuses on supporting a cause.

 

The fundraising drive is generally conducted by crowdfunding organizations that aim to address business needs, secure urgent medical funds, support women's empowerment, and provide education for the underprivileged, among other causes. Nonprofits raise funds for a wide range of social and even religious activities.

 

Fundraising software offers tools for campaign management, donor relationship management, financial tracking, and reporting. It is pivotal in solving the problems of nonprofits, educational institutions, healthcare organizations, and other charitable entities by streamlining administrative tasks and allowing strategic engagement with donors.

 

The benefits of fundraising software include better donor retention, transparency and compliance with regulations, and the ability to manage large volumes of donor information. There are many opportunities for market growth, especially in developing countries, as organizations know the need for robust digital infrastructure to aid in their philanthropic efforts. Current market trends indicate a strong movement towards mobile accessibility and user-friendly interfaces, enabling organizations to manage their operations remotely.

 

Report Coverage

This research report categorizes the market for the global fundraising software market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global fundraising software market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global fundraising software market.

 

Driving Factors

The increasing demand for transparency and accountability from donors necessitates using software solutions to track and report on fundraising activities. Technological advancements, especially the integration of artificial intelligence (AI) and machine learning (ML), are also significantly enhancing the capabilities of fundraising software by enabling organizations to personalize donor engagements and predict donor behaviour more accurately.

 

Moreover, the widespread cloud-based solutions have made it easier for new players to enter the market. Cloud-based software is more accessible and scalable, allowing organizations to manage their fundraising efforts more efficiently from any location. The growing mobile technology further supports this trend by providing the ability to engage in fundraising activities on the go to donors and organizations. Additionally, the increase in philanthropic activities drives demand for comprehensive fundraising management solutions that support the growing complexity and scale of modern fundraising campaigns.

 

Restraining Factors

Initial setup and operating costs can be prohibitive, especially for smaller organizations with limited budgets. Also, switching from legacy software systems can be difficult. Data security is another challenge, as safeguarding sensitive donor information against increasing cyber threats is complex and costly. The complexity of some software solutions has made extensive training necessary, which can be a barrier for organizations with limited technical expertise. Market saturation makes things worse because a large number of available options makes it hard for fundraising software providers to stand out and for organizations to pick the best one.

 

Market Segmentation

 

The global fundraising software market share is classified into deployment and application.

 

• The cloud-based segment is expected to hold the largest share of the global fundraising software market during the forecast period.

Based on the deployment, the global fundraising software market is divided into cloud-based, and on-premise. Among these, the cloud-based segment is expected to hold the largest share of the global fundraising software market during the forecast period. Cloud technology offers flexibility and scalability to organizations, irrespective of size. Cloud-based software allows nonprofits and other firms to access their fundraising tools from anywhere, facilitating remote work and enabling real-time updates and collaboration among team members and volunteers. Additionally, cloud solutions typically come with lower upfront costs and lower maintenance, making them more accessible to smaller organizations with limited financial and IT resources. Enhanced data security features and automatic software updates also contribute to the preference for cloud-based solutions, ensuring that organizations can maintain high data protection standards and benefit from the latest technological advancements without operational downtime.

 

• The non-profit organizations segment is expected to hold the largest share of the global fundraising software market during the forecast period.

Based on application, the global fundraising software market is divided into non-profit organizations and individuals. Among these, the non-profit organizations segment is expected to hold the largest share of the global fundraising software market during the forecast period. This segment is driven by the extensive need for structured and efficient fundraising processes in this sector. Non-profits, ranging from small local charities to large international NGOs, rely on fundraising software to manage donor relations, track donations, and create comprehensive reports that ensure transparency and accountability. The software provides essential tools for organizing large-scale fundraising campaigns with automated communications and analyzing donor data to enhance engagement strategies. Furthermore, non-profits must comply with strict financial regulations and donor information security. Fundraising software solutions offer the necessary features to streamline compliance and safeguard sensitive user and organization data.

 

Regional Segment Analysis of the Global Fundraising Software Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

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

 

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North America is anticipated to hold the largest share of the global fundraising software market over the predicted timeframe. The high concentration of nonprofit organizations, philanthropic foundations, and charitable institutions supports the dominance of this region. The well-established technological infrastructure in North America facilitates the adoption of advanced fundraising solutions, allowing these organizations to leverage cutting-edge tools to optimize their fundraising efforts. North America is home to several leading fundraising software providers, such as Salesforce and Blackbaud, which continuously innovate and enhance their offerings.

 

Furthermore, the region's regulatory environment promotes transparency and accountability in fundraising activities, encouraging organizations to adopt dependable software solutions to comply with reporting requirements. The high levels of disposable income and a strong culture of philanthropy in countries like the United States and Canada create a helpful environment for fundraising activities, further boosting the regional market.

 

Asia Pacific is expected to grow fastest in the global fundraising software market during the forecast period. The rapid growth is driven by the increasing adoption of digital technologies and the expanding nonprofit sector in countries such as India, China, and Japan. Government initiatives and supportive policies aimed at promoting charitable activities and enhancing digital infrastructure fuel this growth. Additionally, the rising awareness of the benefits of fundraising software for streamlining operations, improving donor engagement, and ensuring transparency encourages organizations to adopt these solutions. The increasing disposable incomes in the region also contribute to a greater tendency for charitable giving, creating a favourable environment for the regional fundraising software market.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global fundraising software market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

• Qgiv
• Salsa
• Double the Donation
• WeFunder
• Donately
• Kiva
• DONORSEARCH
• Fundraising Report Card
• DonorPerfect
• Fundly
• MailChimp
• Morweb
• Kickstarter
• NeonCRM
• Swoop
• Others

 

Key Target Audience

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

 

Recent Developments

 

• In January 2024, St. Petersburg’s Kairos Digital Commerce Consulting announced their strategic decision to name Arreva as their exclusive preferred vendor.

 

• In January 2024, Keela, a CRM software for nonprofits, announced that it will join Aplos and Raisely. Together the three companies offer dedicated software solutions for every aspect of managing a nonprofit with Aplos’ accounting suite, Raisely’s fundraising capabilities and Keela’s focus on donor management.

 

• In December 2023, Tides Center announced a new partnership with Arreva, a thought leader and trusted advisor for mission-driven organizations. The new partnership will provide Tides Center’s fiscally sponsored partners an opportunity to build capacity and fundraise to achieve their mission-driven initiatives.

 

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