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Global Award Management Software Market to Grow at a CAGR of 8.6% During the Period 2024-2032, Driven by the Need to Effectively Manage Award Processes

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Global Award Management Software Market Size, Forecast: By Type: Services, Solution; By Deployment Type: On-premises, Cloud; By Function: Judging Management, Entry Management, Application Tracking, Reporting And Analytics, Others; By End User: Government, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Award Management Software Market Outlook

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.

award management software market

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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.

Modern Solutions Catering to Different Types of Organizations Expected to Stimulate the Global Award Management Software Market

To qualify for inclusion in the Awards Management category, a product must have the capacity to manage awards opportunity pipelines, accept awards submissions, provide communication channels between applicants and firm (or business), contain award life-cycle management features (such as planning, judging, award results), and contain reporting features. Some popular award management software include Award Force, SurveyMonkey Apply, Submittable, OpenWater App & Review Cloud, Evalato, WizeHive Zengine, and Zealous.

Modern solutions include cloud software for organisers of awards, employee recognition, grants, scholarships and pitch competitions to manage submission, evaluation and award of results, online. These solutions are designed for performance and function, and are fast, secure, and deliver superior experience for program participants. Such solutions may bae used for awards management, staff excellence / employee recognition, grant application management, accelerator program intake, incubator program intake, venture or seed capital. Such software are used by different types of organizations, including arts and cultural organizations, companies, faith communities, foundations, healthcare organizations, schools and higher education institutions, non-profit organizations.

Cloud Based Solutions that are Easily Accessible from Any Device, and that Offer Superior Performance are Likely to Boost Global Award Management Software Market Growth

Modern solutions may be readily accessed from any device, help automate processes, keep users up to date, and offer real-time insights into applications. Such solutions provide users the tools to launch, measure, and grow social impact programs, locally as well as globally. These solutions assist in grants, scholarships, awards and CSR programs. The start-to-finish platforms make workflows smarter and more efficient, enabling better decisions and larger impact.

Market Segmentation

award management software market by segments

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By type, the market is classified into:

Services
Solution

By deployment type, the market is segmented into:

On-premises
Cloud

By function, the market is divided into:

Judging Management
Entry Management
Application Tracking
Reporting And Analytics
Others

By end user, the market is segmented into:

Government
Corporations
Educational Institutions
Industry Associations
Non-Profit Organizations
Others

By region, the market is classified into:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

award management software market by region

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Key Industry Players in the Global Award Management Software Market

The report presents a detailed analysis of the following key players in the market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

Eventsforce Solutions Ltd
Submit.com
GlobalSign.in Pte Ltd
Blackbaud, Inc.
Submittable Holdings, Inc.
Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

REPORT FEATURES	DETAILS
Base Year	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Scope of the Report	Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment: Type Deployment Type Function End User Region
Breakup by Type	Services Solution
Breakup by Deployment Type	On-premises Cloud
Breakup by Function	Judging Management Entry Management Application Tracking Reporting And Analytics Others
Breakup by End User	Government Corporations Educational Institutions Industry Associations Non-Profit Organizations Others
Breakup by Region	North America United States of America Canada Europe United Kingdom Germany France Italy Others Asia Pacific China Japan India ASEAN Australia Others Latin America Brazil Argentina Mexico Others Middle East and Africa Saudi Arabia United Arab Emirates Nigeria South Africa Others
Market Dynamics	SWOT Analysis Porter's Five Forces Analysis Key Indicators for Demand Key Indicators for Price
Competitive Landscape	Market Structure Company Profiles Company Overview Product Portfolio Demographic Reach and Achievements Certifications
Companies Covered	Eventsforce Solutions Ltd Submit.com GlobalSign.in Pte Ltd Blackbaud, Inc. Submittable Holdings, Inc. Others
Report Price and Purchase Option	Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format	Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1   Preface
2   Report Coverage – Key Segmentation and Scope
3   Report Description
   3.1   Market Definition and Outlook
   3.2   Properties and Applications
   3.3   Market Analysis
   3.4   Key Players
4   Key Assumptions
5   Executive Summary
   5.1   Overview
   5.2   Key Drivers
   5.3   Key Developments
   5.4   Competitive Structure
   5.5   Key Industrial Trends
6   Market Snapshot
   6.1   Global
   6.2   Regional
7   Opportunities and Challenges in the Market
8   Global Award Management Software Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Award Management Software Historical Market (2018-2023)
   8.3   Global Award Management Software Market Forecast (2024-2032)
   8.4   Global Award Management Software Market by Type
       8.4.1   Services
           8.4.1.1 Historical Trend (2018-2023)
           8.4.1.2 Forecast Trend (2024-2032)
       8.4.2   Solution
           8.4.2.1 Historical Trend (2018-2023)
           8.4.2.2 Forecast Trend (2024-2032)
   8.5   Global Award Management Software Market by Deployment Type
       8.5.1   On-premises
           8.5.1.1 Historical Trend (2018-2023)
           8.5.1.2 Forecast Trend (2024-2032)
       8.5.2   Cloud
           8.5.2.1 Historical Trend (2018-2023)
           8.5.2.2 Forecast Trend (2024-2032)
   8.6   Global Award Management Software Market by Function
       8.6.1   Judging Management
           8.6.1.1 Historical Trend (2018-2023)
           8.6.1.2 Forecast Trend (2024-2032)
       8.6.2   Entry Management
           8.6.2.1 Historical Trend (2018-2023)
           8.6.2.2 Forecast Trend (2024-2032)
       8.6.3   Application Tracking
           8.6.3.1 Historical Trend (2018-2023)
           8.6.3.2 Forecast Trend (2024-2032)
       8.6.4   Reporting And Analytics
           8.6.4.1 Historical Trend (2018-2023)
           8.6.4.2 Forecast Trend (2024-2032)
       8.6.5   Others
   8.7   Global Award Management Software Market by End User
       8.7.1   Government
           8.7.1.1 Historical Trend (2018-2023)
           8.7.1.2 Forecast Trend (2024-2032)
       8.7.2   Corporations
           8.7.2.1 Historical Trend (2018-2023)
           8.7.2.2 Forecast Trend (2024-2032)
       8.7.3   Educational Institutions
           8.7.3.1 Historical Trend (2018-2023)
           8.7.3.2 Forecast Trend (2024-2032)
       8.7.4   Industry Associations
           8.7.4.1 Historical Trend (2018-2023)
           8.7.4.2 Forecast Trend (2024-2032)
       8.7.5   Non-Profit Organizations
           8.7.5.1 Historical Trend (2018-2023)
           8.7.5.2 Forecast Trend (2024-2032)
       8.7.6   Others
   8.8   Global Award Management Software Market by Region
       8.8.1   North America
           8.8.1.1 Historical Trend (2018-2023)
           8.8.1.2 Forecast Trend (2024-2032)
       8.8.2   Europe
           8.8.2.1 Historical Trend (2018-2023)
           8.8.2.2 Forecast Trend (2024-2032)
       8.8.3   Asia Pacific
           8.8.3.1 Historical Trend (2018-2023)
           8.8.3.2 Forecast Trend (2024-2032)
       8.8.4   Latin America
           8.8.4.1 Historical Trend (2018-2023)
           8.8.4.2 Forecast Trend (2024-2032)
       8.8.5   Middle East and Africa
           8.8.5.1 Historical Trend (2018-2023)
           8.8.5.2 Forecast Trend (2024-2032)
9   North America Award Management Software Market Analysis
   9.1   United States of America
       9.1.1 Historical Trend (2018-2023)
       9.1.2 Forecast Trend (2024-2032)
   9.2   Canada
       9.2.1 Historical Trend (2018-2023)
       9.2.2 Forecast Trend (2024-2032)
10   Europe Award Management Software Market Analysis
   10.1   United Kingdom
       10.1.1 Historical Trend (2018-2023)
       10.1.2 Forecast Trend (2024-2032)
   10.2   Germany
       10.2.1 Historical Trend (2018-2023)
       10.2.2 Forecast Trend (2024-2032)
   10.3   France
       10.3.1 Historical Trend (2018-2023)
       10.3.2 Forecast Trend (2024-2032)
   10.4   Italy
       10.4.1 Historical Trend (2018-2023)
       10.4.2 Forecast Trend (2024-2032)
   10.5   Others
11   Asia Pacific Award Management Software Market Analysis
   11.1   China
       11.1.1 Historical Trend (2018-2023)
       11.1.2 Forecast Trend (2024-2032)
   11.2   Japan
       11.2.1 Historical Trend (2018-2023)
       11.2.2 Forecast Trend (2024-2032)
   11.3   India
       11.3.1 Historical Trend (2018-2023)
       11.3.2 Forecast Trend (2024-2032)
   11.4   ASEAN
       11.4.1 Historical Trend (2018-2023)
       11.4.2 Forecast Trend (2024-2032)
   11.5   Australia
       11.5.1 Historical Trend (2018-2023)
       11.5.2 Forecast Trend (2024-2032)
   11.6   Others
12   Latin America Award Management Software Market Analysis
   12.1   Brazil
       12.1.1 Historical Trend (2018-2023)
       12.1.2 Forecast Trend (2024-2032)
   12.2   Argentina
       12.2.1 Historical Trend (2018-2023)
       12.2.2 Forecast Trend (2024-2032)
   12.3   Mexico
       12.3.1 Historical Trend (2018-2023)
       12.3.2 Forecast Trend (2024-2032)
   12.4   Others
13   Middle East and Africa Award Management Software Market Analysis
   13.1   Saudi Arabia
       13.1.1 Historical Trend (2018-2023)
       13.1.2 Forecast Trend (2024-2032)
   13.2   United Arab Emirates
       13.2.1 Historical Trend (2018-2023)
       13.2.2 Forecast Trend (2024-2032)
   13.3   Nigeria
       13.3.1 Historical Trend (2018-2023)
       13.3.2 Forecast Trend (2024-2032)
   13.4   South Africa
       13.4.1 Historical Trend (2018-2023)
       13.4.2 Forecast Trend (2024-2032)
   13.5   Others
14   Market Dynamics
   14.1   SWOT Analysis
       14.1.1   Strengths
       14.1.2   Weaknesses
       14.1.3   Opportunities
       14.1.4   Threats
   14.2   Porter’s Five Forces Analysis
       14.2.1   Supplier’s Power
       14.2.2   Buyer’s Power
       14.2.3   Threat of New Entrants
       14.2.4   Degree of Rivalry
       14.2.5   Threat of Substitutes
   14.3   Key Indicators for Demand
   14.4   Key Indicators for Price
15   Competitive Landscape
   15.1   Market Structure
   15.2   Company Profiles
       15.2.1   Eventsforce Solutions Ltd
           15.2.1.1   Company Overview
           15.2.1.2   Product Portfolio
           15.2.1.3   Demographic Reach and Achievements
           15.2.1.4   Certifications
       15.2.2   Submit.com
           15.2.2.1   Company Overview
           15.2.2.2   Product Portfolio
           15.2.2.3   Demographic Reach and Achievements
           15.2.2.4   Certifications
       15.2.3   GlobalSign.in Pte Ltd
           15.2.3.1   Company Overview
           15.2.3.2   Product Portfolio
           15.2.3.3   Demographic Reach and Achievements
           15.2.3.4   Certifications
       15.2.4   Blackbaud, Inc.
           15.2.4.1   Company Overview
           15.2.4.2   Product Portfolio
           15.2.4.3   Demographic Reach and Achievements
           15.2.4.4   Certifications
       15.2.5   Submittable Holdings, Inc.
           15.2.5.1   Company Overview
           15.2.5.2   Product Portfolio
           15.2.5.3   Demographic Reach and Achievements
           15.2.5.4   Certifications
       15.2.6   Others
16   Key Trends and Developments in the Market

List of Figures and Tables

1.   Global Award Management Software Market: Key Industry Highlights, 2018 and 2032
2.   Global Award Management Software Historical Market: Breakup by Type (USD Million), 2018-2023
3.   Global Award Management Software Market Forecast: Breakup by Type (USD Million), 2024-2032
4.   Global Award Management Software Historical Market: Breakup by Deployment Type (USD Million), 2018-2023
5.   Global Award Management Software Market Forecast: Breakup by Deployment Type (USD Million), 2024-2032
6.   Global Award Management Software Historical Market: Breakup by Function (USD Million), 2018-2023
7.   Global Award Management Software Market Forecast: Breakup by Function (USD Million), 2024-2032
8.   Global Award Management Software Historical Market: Breakup by End-User (USD Million), 2018-2023
9.   Global Award Management Software Market Forecast: Breakup by End-User (USD Million), 2024-2032
10.   Global Award Management Software Historical Market: Breakup by Region (USD Million), 2018-2023
11.   Global Award Management Software Market Forecast: Breakup by Region (USD Million), 2024-2032
12.   North America Award Management Software Historical Market: Breakup by Country (USD Million), 2018-2023
13.   North America Award Management Software Market Forecast: Breakup by Country (USD Million), 2024-2032
14.   Europe Award Management Software Historical Market: Breakup by Country (USD Million), 2018-2023
15.   Europe Award Management Software Market Forecast: Breakup by Country (USD Million), 2024-2032
16.   Asia Pacific Award Management Software Historical Market: Breakup by Country (USD Million), 2018-2023
17.   Asia Pacific Award Management Software Market Forecast: Breakup by Country (USD Million), 2024-2032
18.   Latin America Award Management Software Historical Market: Breakup by Country (USD Million), 2018-2023
19.   Latin America Award Management Software Market Forecast: Breakup by Country (USD Million), 2024-2032
20.   Middle East and Africa Award Management Software Historical Market: Breakup by Country (USD Million), 2018-2023
21.   Middle East and Africa Award Management Software Market Forecast: Breakup by Country (USD Million), 2024-2032
22.   Global Award Management Software Market Structure

Key Questions Answered in the Report

What is the growth rate of the global award management software market?

The global award management software market is projected to grow at a CAGR of 8.6% between 2024 and 2032.

What are the major industry drivers?

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.

What are the key industry trends of the global award management software market?

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.

What are the major regional markets of award management software, according to the EMR report?

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

What are the major types in the market?

The major types are services and solution.

What are the segments based on deployment type in the market?

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

What are the different functions of the market?

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

Who are the end-users of the market?

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

Who are the key industry players, according to the report?

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

Analyst Review

The global award management software market was driven by the growing need among enterprises to accelerate the award application review in the historical period. Aided by the growing concerns over efficient management and rising awareness about the benefits offered by award management software, the market is expected to witness further growth in the forecast period of 2024-2032, growing at a CAGR of 8.6%.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. 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 regional markets for award management software are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are Eventsforce Solutions Ltd, Submit.com, GlobalSign.in Pte Ltd, Blackbaud, Inc., and Submittable Holdings, Inc., among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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