Grant Management Software - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Grant Management Software Market is accounted for $1.00 billion in 2018 and is expected to reach $2.80 billion by 2027 growing at a CAGR of 12.1% during the forecast period. Some of the key factors influencing the market growth include increased demand for automating grant processes, increasing demand for grant management and donor management software among enterprises and Rise in demand for advanced financial management solutions. However, the lack of a universal standard procedure is restricting the market growth.
Grant management software is an application or program that helps fund-seeking organizations, including universities and non-profit organizations, manage and automate the entire grant process. The grant process management administrator must follow the present standards set by donors.
Amongst Enterprise Size, large enterprises segment is going to have a lucrative growth during the forecast period, due to the affordability and acceptance for emerging technologies. Moreover, large enterprises generate a massive amount of data daily, which needs to be narrowed down to relevant information during a legal case and is a time-consuming process if done manually, thereby leading to the growing adoption of the grant management software in this segment.
By Geography, North America is an early adopter of grant management solutions, as it is more concerned about grants projects and follows standardized regulations. The huge amount of data generated in the North American organizations is because of the rapid adoption of new technologies, which is in turn leading to the growing adoption of grant management solutions to maintain and manage such data for on-demand availability.
Some of the key players in global Grant Management Software market are Oracle Corporation, HTC Global Services, WizeHive, Inc., Blackbaud, Inc., Salesforce.com, Salsa Labs, Inc., CyberGrants, QuickBase, Inc., GrantAnalyst.com LLC, Sage Intacct, Inc., Windward Software, StreamLink Software Inc., Softwood Technology Inc., Evalato, Fluxx, Surveymonkey, NetSuite, and Zoomgrants.
Enterprise Sizes Covered:
• Large Enterprises
• Small & Medium Enterprises
• Document Management
• Application Tracking
• Grant Discovery
• Performance and Outcomes Measurement
• Other Functions
• iPhone Operating System (IOS)
End Users Covered:
• International and National Organizations
• Profit and Non-Profit Organizations
• Educational Institutions
• Healthcare and Human Services
• Philanthropic Organizations
• Information Technology (IT)
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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