Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Award Management Software Market Size

The global award management software market is expected to grow at a CAGR of 8.6% during the period 2024-2032. The market is expected to be driven by organizations’ need to effectively manage their award processes. North America and Europe are expected to be key markets.

 

Global Market Likely to be Driven by the Need to Effectively Manage Award Processes

Award management software are used by firms to manage awards processes, including submission, collection, nomination, judging and awarding. All types of organizations use award management solutions to manage every phase of the awards process. Schools, educational institutions and businesses use management software to accept and examine applications, judge submissions, and release results to participants through a single platform. Such solutions lessen the challenges associated with running an awards program and having to bring together multiple solutions. Users may communicate with applicants, vote on submissions, and generate reports on the awards process.

Award management software consolidate data pertinent to awards processes. Award management solutions often contain grant management features. Solutions in this category also offer data integration features, and are often used in combination with non-profit software.

 

Award Management Software Market Report Snapshots

Award Management Software Market Size

Award Management Software Market Growth

Award Management Software Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The global award management software market is projected to grow at a CAGR of 8.6% between 2025 and 2034.

The major drivers of the market include the advances in technology, growing population, growing concerns over efficient management, growing adoption of cloud-based solutions, and rising awareness about the benefits offered by award management software.

The growing need among enterprises to accelerate the award application review and growing adoption by both corporations and government organisations are the key industry trends propelling the market's growth.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major types are services and solution.

Based on deployment type, the market is segmented into on-premises and cloud.

The different functions of the market are judging management, entry management, application tracking, reporting and analytics, among others.

The end-users of the market are government, corporations, educational institutions, industry associations, and non-profit organisations, among others.

The major players in the industry are Eventsforce Solutions Ltd, Submit.com, GlobalSign.in Pte Ltd, Blackbaud, Inc., and Submittable Holdings, Inc., among others.

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