Global award management software market expected to generate around USD 1,053 million by 2027, at a CAGR of around 9.2% between 2019 and 2027. The growing demand for grant management solutions by the government is a major driver boosting the growth of the global award management software market.
The report covers a forecast and an analysis of the award management software market on a global and regional level. The study provides historical data for 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the award management software market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the award management software on a global level.
In order to give the users of this report a comprehensive view of the award management software, we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and product portfolio of various companies according to the region.
The study provides a decisive view of the award management software by segmenting the market based on deployment, organization size, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segment includes North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Some major players of the global award management software market are Judgify, Reviewr, omniCONTESTS, FluidReview, StreamLink Software Inc., VYPER, WizeHive, Inc., Openwater, Fluxx, RhythmQInc, Eventsforce, eVision, eAwards, Evalato, Award Force, Awards Absolute, AwardStage, and Currinda.
This report segments the global award management software market as follows:
Global Award Management Software Market: Deployment Analysis
Global Award Management Software Market: Organizational Size Analysis
Global Award Management Software Market: End-User Analysis
Global Award Management Software Market: Regional Analysis
List of Figures
1. Market research process
2. Market research methodology
3. Global Award Management Software market revenue, 2018–2027 (USD Million)
4. Porter’s Five Forces Analysis
5. Market attractiveness analysis, by Deployment
6. Market attractiveness analysis, by Organization Size
7. Market attractiveness analysis, by End-User
8. Market attractiveness analysis, by Region
9. Company market share analysis, 2018
10. Global Award Management Software market revenue share by Deployment, 2018 and 2027
11. Global Award Management Software market for cloud-based, 2018–2027 (USD Million)
12. Global Award Management Software market for on-premises, 2018–2027 (USD Million)
13. Global Award Management Software market revenue share by Organization Size, 2018 and 2027
14. Global Award Management Software market for large enterprise, 2018–2027 (USD Million)
15. Global Award Management Software market for small & medium enterprise, 2018–2027 (USD Million)
16. Global Award Management Software market revenue share by End-User, 2018 and 2027
17. Global Award Management Software market for Private & Family Foundations, 2018–2027 (USD Million)
18. Global Award Management Software market for Community Foundations and Fundraising Organizations, 2018–2027 (USD Million)
19. Global Award Management Software market for Corporate Foundations, 2018–2027 (USD Million)
20. Global Award Management Software market for Associations, 2018–2027 (USD Million)
21. Global Award Management Software market for Education Institutions, 2018–2027 (USD Million)
22. Global Award Management Software market for Government Institutions, 2018–2027 (USD Million)
23. Global Award Management Software market for Non-Profits and Charities, 2018–2027 (USD Million)
24. Global Award Management Software market for Others, 2018–2027 (USD Million)
25. Global Award Management Software market revenue share by region, 2018 and 2027
26. North America Award Management Software market, 2018–2027 (USD Million)
27. Europe Award Management Software market, 2018–2027 (USD Million)
28. Asia Pacific Award Management Software market, 2018–2027 (USD Million)
29. Latin America Award Management Software market, 2018–2027 (USD Million)
30. The Middle East and Africa Award Management Software market, 2018–2027 (USD Million)
List of Tables
1. Award Management Software Market: Market Snapshot
2. The product of Award Management Software market
3. North America Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
4. North America Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
5. North America Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
6. The U.S. Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
7. The U.S. Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
8. The U.S. Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
9. Canada Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
10. Canada Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
11. Canada Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
12. Mexico Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
13. Mexico Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
14. Mexico Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
15. Europe Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
16. Europe Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
17. Germany Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
18. Germany Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
19. Germany Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
20. UK Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
21. UK Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
22. UK Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
23. France Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
24. France Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
25. France Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
26. Spain Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
27. Spain Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
28. Spain Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
29. Italy Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
30. Italy Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
31. Italy Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
32. Rest of Europe Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
33. Rest of Europe Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
34. Rest of Europe Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
35. Asia Pacific Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
36. Asia Pacific Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
37. Asia Pacific Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
38. China Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
39. China Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
40. China Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
41. Japan Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
42. Japan Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
43. Japan Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
44. India Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
45. India Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
46. India Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
47. New Zealand Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
48. New Zealand Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
49. New Zealand Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
50. Australia Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
51. Australia Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
52. Australia Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
53. South Korea Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
54. South Korea Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
55. South Korea Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
56. Southeast Asia Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
57. Southeast Asia Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
58. Southeast Asia Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
59. Rest of Asia Pacific Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
60. Rest of Asia Pacific Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
61. Rest of Asia Pacific Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
62. Latin America Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
63. Latin America Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
64. Latin America Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
65. Brazil Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
66. Brazil Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
67. Brazil Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
68. Argentina Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
69. Argentina Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
70. Argentina Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
71. Rest of Latin America Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
72. Rest of Latin America Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
73. Rest of Latin America Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
74. The Middle East and Africa Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
75. The Middle East and Africa Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
76. The Middle East and Africa Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
77. Saudi Arabia Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
78. Saudi Arabia Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
79. Saudi Arabia Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
80. UAE Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
81. UAE Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
82. UAE Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
83. Egypt Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
84. Egypt Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
85. Egypt Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
86. Kuwait Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
87. Kuwait Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
88. Kuwait Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
89. South Africa Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
90. South Africa Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
91. South Africa Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
92. Rest of MEA Award Management Software market revenue, by Deployment, 2018–2027 (USD Million)
93. Rest of MEA Award Management Software market revenue, by Organization Size, 2018–2027 (USD Million)
94. Rest of MEA Award Management Software market revenue, by End-User, 2018–2027 (USD Million)
Awards management software is used by organizations to manage the complete award process from submission, assortment, and nomination. Award management software combines all the data appropriate to the awards process. Various types of organizations use award management solutions to manage every step of the award process. Businesses and schools also use awards management software to accept award applications, analyze the applications, judge submissions, and announce results to the participants through a single platform. The award software eases the complications associated with running an awards program and combines numerous solutions. The users are able to communicate with applicants, vote on submissions, and generate reports on the award process.
The growing demand for grant management solutions by the government is a major driver boosting the growth of the global award management software market. The grant management software helps in assisting fund seeking organizations, such as universities, that are administrating and automating the grant process. The grant tracking and management software are increasingly becoming a must-have for funders. This software helps the agency to soar to new heights by saving the time of the workforce. In addition, the increasing need for alignment of award activities with organizations’ goals is further expected to drive the award management software market globally in the future. Performance management is a process that is used to track and manage the performance of employees. The employees not only demand good pay and benefits but also want to be treated fairly and contribute toward the organizational growth through their work. This has resulted in the higher application of award management software, which is also contributing to the overall market size. However, the lack of awareness among people is a major restraint for the award management software market globally.
By deployment, the market is segmented into on-premises and cloud-based. By organization size, the award management software market is bifurcated into small and medium enterprises and large enterprises. By end-user, the award management software market comprises private and family foundations, community foundations and fundraising organizations, corporate foundations, associations, education institutions, government institutions, non-profits and charities, and others. Government institutions held the largest market share in 2018, due to the automation of the federal procurement and awards processes that have evolved over time through the development of systems to perform individual steps in the award process. Private and family foundations held a significant market share in 2018.
By region, North America will hold the largest market share for the award management software market in the future. The U.S. and Canada are the major contributors of the North American award management software market, owing to the presence of a large number of small- and medium-sized enterprises, greater technology adoption, and increasing user-base on social media platforms.
Some major players of the global award management software market are Judgify, Reviewr, omniCONTESTS, FluidReview, StreamLink Software Inc., VYPER, WizeHive, Inc., Openwater, Fluxx, RhythmQInc, Eventsforce, eVision, eAwards, Evalato, Award Force, Awards Absolute, AwardStage, and Currinda.
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