Global Award Management Software Market Growth (Status and Outlook) 2023-2029

Global Award Management Software Market Growth (Status and Outlook) 2023-2029

Businesses use reward management software solutions designed to streamline all aspects of the reward process. This type of software typically has the following functions: setting requirements and accepting registrations, browsing and managing accepted participants, setting winning criteria and judging participants, and communicating the final result to all participants, whether they win or not. Advanced solutions have a wide range of functions. They usually allow users to communicate with participants, manage the voting process (internally or publicly), and generate analysis reports.
LPI (LP Information)' newest research report, the “Award Management Software Industry Forecast” looks at past sales and reviews total world Award Management Software sales in 2022, providing a comprehensive analysis by region and market sector of projected Award Management Software sales for 2023 through 2029. With Award Management Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Award Management Software industry.
This Insight Report provides a comprehensive analysis of the global Award Management Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Award Management Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Award Management Software market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Award Management Software and breaks down the forecast by type, by end users, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Award Management Software.
The global Award Management Software market size is projected to grow from US$ 658.4 million in 2022 to US$ 1254.5 million in 2029; it is expected to grow at a CAGR of 9.6% from 2023 to 2029.
In our industry report, a total of 16 companies were selected. We can find that this is a non-concentrated industry. These 16 companies account for only about 50% of the market. There are no large-scale companies. Leading companies in the industry only have about 5% market share. Smaller companies are competing in this market. At the same time, many companies have just set up and joined the industry.
This report presents a comprehensive overview, market shares, and growth opportunities of Award Management Software market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
On-Premises
Cloud-Based
Segmentation by end users
Private and Family Foundations
Community Foundations and Fundraising Organizations
Corporate Foundations
Associations
Education Institutions
Government Institutions
Non-Profits and Charities
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Judgify
Reviewr
OmniCONTESTS
FluidReview
StreamLink Software
VYPER
WizeHive
Openwater
Fluxx
RhythmQ
Eventsforce
Evision
Eawards
Evalato
Award Force
Awards Absolute
AwardStage
Currinda

Please note: The report will take approximately 2 business days to prepare and deliver.