Non-Profit Software Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, Canada, China, UK, France, Germany, Japan, South Korea, Australia, Russia - Size and Forecast 2024-2028

Non-Profit Software Market Size 2024-2028

The non-profit software market size is forecast to increase by USD 3.24 billion at a CAGR of 7.3% between 2023 and 2028.

• The market is witnessing significant growth due to the increasing adoption of volunteer management solutions by both large and small organizations In the sector. This trend is driven by the need to streamline operations and enhance efficiency in managing volunteer resources. Additionally, the integration of advanced technologies such as artificial intelligence (AI) and machine learning (ML) within non-profit software solutions is gaining traction. However, the high costs associated with implementing non-profit software remain a challenge for some organizations, particularly smaller ones with limited budgets. Despite this, the benefits of using non-profit software, such as improved donor management, financial management, and program management, far outweigh the costs In the long run. The market is expected to continue growing as more non-profits recognize the value of technology in achieving their mission.

What will be the Size of the Non-Profit Software Market During the Forecast Period?

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• The market In the US is experiencing significant growth as organizations embrace digital transformation to enhance operational effectiveness. Key areas of investment include donor management and fundraising solutions, which offer cloud-based, mobile-friendly, and personalized experiences to donors. Technology trends such as artificial intelligence (AI) and machine learning (ML) enable predictive analytics, segmentation, and advanced security features, enhancing donor engagement and digital fundraising.
• Additionally, budget constraints remain a challenge, necessitating cost-effective software deployment options, including on-premises and cloud solutions. Sector-specific software caters to diverse needs, with virtual event management solutions gaining popularity. Software implementation requires careful consideration, with user-friendly interfaces and enterprise size compatibility essential for successful adoption. Social media integration and data security are also critical factors In the selection process.

How is this Non-Profit Software Industry segmented and which is the largest segment?

The non-profit software industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

• Application
  • Fund raising software
  • Donor management software
  • CRM
  • Volunteer management software
  • Others
• End-user
  • Large enterprises
  • Small and medium enterprises
• Geography
  • North America
    • Canada
    • US
  • Europe
    • UK
  • APAC
    • China
  • South America
  • Middle East and Africa

By Application Insights

• The fund raising software segment is estimated to witness significant growth during the forecast period.

Non-profit organizations increasingly rely on software solutions to optimize their fundraising efforts and manage volunteer resources effectively. According to industry reports, the market is projected to expand significantly, particularly In the fundraising segment, due to the increasing adoption of digital wallets. By 2026, over half of the world's population is expected to use digital wallets, up from 3.4 billion users in 2022. This trend is revolutionizing the fundraising landscape, enabling non-profits to streamline donation processes and engage donors more effectively through innovative digital tools.

Additionally, fundraising software offers features such as donation tracking, donor management, online fundraising, event management, and communication tools to support non-profits in maximizing their impact. Other software types, including admission-based non-profit software and volunteer management solutions, also play essential roles in helping non-profits manage their operations efficiently.

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The fund raising software segment was valued at USD 2.21 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

• North America is estimated to contribute 41% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The non-profit sector in North America, home to over 1.8 million organizations, continues to expand, contributing approximately 6% to the national economy. With an annual growth rate of 1.4% over the past two decades, these organizations represent over 10% of all companies In the US. In 2023, there was a notable increase in demand for non-profit services and products, with 46.1% of organizations reporting higher demand. Among these, 21.4% experienced a significant growth, and 24.7% observed a modest rise. This trend underscores the growing reliance on non-profits to address societal needs, leading to increased demand for technology solutions. Operational effectiveness is a key priority, with non-profits adopting cloud-based donor management systems, fundraising solutions, and data security measures to enhance their capabilities. The market in North America is poised for growth, driven by the sector's substantial presence and evolving needs.

Market Dynamics

Our non-profit software market researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise In the adoption of Non-Profit Software Industry?

The rise in the adoption of volunteer management software by non-profit large and small organizations is the key driver of the market.

• The market is undergoing digital transformation, with a focus on donor management, fundraising solutions, and operational effectiveness. Cloud-based solutions are increasingly popular due to their affordability and accessibility, offering advanced security features, personalization, and mobile-friendly interfaces. Technology is playing a pivotal role in enhancing donor engagement through digital fundraising, social media, and AI integration. Non-profit organizations, ranging from SMEs to Large Enterprises, require sector-specific software for admission-based non-profits, fundraising, volunteer management, CRM, donation tracking, online fundraising, event management, and communication with donors.
• Additionally, these software types offer predictive analytics, segmentation, and deployment options, including On-Premises and Cloud. The non-profit sector caters to various social needs, including health care and social assistance, education, and community development. With over 2 million non-profit entities In the US and over 3 million NGOs/CSOs in India, the demand for technology solutions to manage volunteers, fundraising campaigns, and donor relationships is escalating. Cloud-based services, such as donor management systems and fundraising software, offer digital wallets and AI integration to streamline operations, increase efficiency, and improve donor relationships. The market is expected to continue growing, driven by the need for operational effectiveness, data security, and personalized donor experiences.

What are the market trends shaping the Non-Profit Software Industry?

Increasing integration of AI and ML within non-profit software is the upcoming market trend.

• Non-profit software is undergoing a digital transformation through the integration of advanced technologies such as artificial intelligence (AI) and machine learning (ML). This shift is revolutionizing the way non-profit organizations manage donor relationships, fundraising campaigns, and operational effectiveness. By utilizing AI and ML, non-profits can analyze vast amounts of data to gain valuable insights into donor behavior, giving capacity, and stakeholder preferences. This data-driven approach enables organizations to personalize their communication with donors, increasing engagement and fundraising success. Additionally, cloud-based solutions, mobile-friendly interfaces, and virtual event management software are becoming increasingly popular, allowing non-profits to operate more efficiently and effectively, regardless of budget constraints.
• Additionally, sector-specific software types, including admission-based non-profit software, fundraising software, volunteer management, CRM, donation tracking, online fundraising, event management, and communication with donors, are all benefiting from these technological advancements. AI integration, cloud-based services, digital wallets, and predictive analytics are key features that are enhancing the functionality of these software types. Non-profits of all sizes, from SMEs to large enterprises, are adopting these solutions to improve their operational efficiency, donor engagement, and overall mission success.

What challenges does the Non-Profit Software Industry face during its growth?

High costs associated with the implementation of non-profit software are a key challenge affecting the industry's growth.

• The market encompasses various solutions designed to aid digital transformation In the sector, including donor management systems, fundraising solutions, volunteer management, CRM, and event management software. These technologies promote operational effectiveness through features such as cloud-based services, data security, artificial intelligence (AI) integration, machine learning (ML), predictive analytics, mobile-friendly designs, personalization, and donor engagement. Budget constraints remain a significant challenge for non-profits seeking to implement software. The cost of developing a nonprofit application can range from USD 25,000 to USD 50,000, with an average expense of approximately USD 37,500. Development timelines also vary, taking an average of 267 hours but ranging from 133 to 600 hours.
• Additionally, sector-specific software types include admission-based non-profit software, fundraising software, and communication with donors. Cloud-based services, online fundraising, donation tracking, and virtual event management are essential features for these solutions. Advanced security features ensure data protection, while user-friendly designs enhance donor relationships and engagement in digital fundraising and social media campaigns. Non-profits of all sizes, from SMEs to large enterprises, can benefit from these technology solutions. AI integration and digital wallets further enhance philanthropy efforts, addressing social needs and community development. The market offers a range of software types to cater to various non-profit sectors and requirements.

Exclusive Customer Landscape

The non-profit software market forecasting report includes the adoption lifecycle of the market, market growth and forecasting, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the non-profit software market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, non-profit software market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence In the industry. The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• Aircall.io Inc
• Bitrix24 Ltd
• Blackbaud Inc.
• Bloomerang LLC
• Bonterra LLC
• DonoSnap
• Givebutter Inc
• Higher Pixels, Inc.
• Jotform Inc.
• Microsoft Corp.
• MoonClerk LLC
• Neon One LLC
• Networks for Change Inc.
• OneCause, Inc.
• Oracle Corp.
• Personify Inc.
• Quebec Inc.
• SignUpGenius, Inc
• Simply Vyapar Apps Pvt. Ltd
• SofterWare Inc.
• Sage Group Plc
• VolunteerSpot Inc.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Research Analyst Overview

The non-profit sector, driven by its mission to address social needs and community development, has seen a significant shift towards leveraging technology to enhance operational effectiveness. This transformation, often referred to as digital transformation, has led to the emergence of various software solutions catering to specific requirements. One of the most prominent areas of growth is donor management. These solutions aim to streamline the process of managing donor relationships, from tracking donations to communication and engagement. Cloud-based services have gained popularity due to their flexibility and accessibility, enabling non-profits to manage donor data from anywhere, at any time. Another trend In the market is the integration of advanced technologies such as artificial intelligence (AI) and machine learning (ML) for predictive analytics. These technologies help non-profits gain insights into donor behavior and preferences, enabling more personalized fundraising campaigns and improved donor engagement. The increasing use of mobile devices has necessitated the development of mobile-friendly solutions.

Additionally, non-profits can now reach out to their supporters through mobile applications, allowing for seamless donation tracking and communication. Furthermore, the integration of digital wallets has made online donations more convenient than ever. Operational effectiveness is another key focus area for non-profits. Sector-specific software, such as admission-based non-profit software and volunteer management solutions, help organizations manage their day-to-day operations more efficiently. CRM systems have become essential tools for managing relationships with donors, volunteers, and other stakeholders. Budget constraints remain a significant challenge for non-profits when it comes to software implementation. Cloud-based solutions offer a cost-effective alternative to on-premises systems, while sector-specific software and volunteer management tools cater to specific needs at a lower cost than enterprise-level solutions. Security is another crucial consideration for non-profits. With the increasing digitization of operations, ensuring data security has become paramount. Advanced security features, such as encryption and multi-factor authentication, are essential for protecting sensitive donor information.

Further, virtual event management software has also gained prominence In the non-profit sector. With the ongoing pandemic, virtual events have become the new norm for fundraising campaigns. These solutions enable non-profits to reach a wider audience and engage with supporters in new and innovative ways. In summary, the market is dynamic and constantly evolving to meet the changing needs of organizations. From donor management and fundraising solutions to operational effectiveness and security, technology plays a vital role in enhancing the impact of non-profits. As the sector continues to digitize, we can expect to see further innovation and growth in this space.

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What are the Key Data Covered in this Non-Profit Software Market Research and Growth Report?

• CAGR of the Non-Profit Software industry during the forecast period
• Detailed information on factors that will drive the Non-Profit Software growth and forecasting between 2024 and 2028
• Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
• Accurate predictions about upcoming growth and trends and changes in consumer behaviour
• Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
• Thorough analysis of the market's competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the non-profit software market growth of industry companies

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