Global Nonprofit Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Nonprofit Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Nonprofit software can automate every aspect of a nonprofit's operations, from database management to fundraising to accounting and CRM. From individual applications of donation management software to comprehensive enterprise resource planning (ERP) solutions, nonprofits can more easily and cost-effectively manage their day-to-day basic functions, such as advocacy and E-mail marketing campaigns, accounting, reporting, and component management. Nonprofit software provides a comprehensive view of all stakeholders and a unified view of every interaction with customers, supporters, members, funders, volunteers, and affiliates. Raise more resources and cultivate long-term relationships that last a lifetime. Have own way of communicating and deliver the right message to all members at the right time. Break down communication barriers and strengthen community solidarity through collaboration.

Market Overview:

The latest research study on the global Nonprofit Software market finds that the global Nonprofit Software market reached a value of USD 4103.22 million in 2022. It’s expected that the market will achieve USD 6133.69 million by 2028, exhibiting a CAGR of 6.93% during the forecast period.

Influence of COVID-19 Outbreak on Nonprofit Software Industry Development

COVID-19 forces many unprepared enterprises and processes to digitize at a tortuous speed. Internet has become the foundation of successful economic transformation in COVID-19 era. Service integration provides a powerful impetus for the Internet and a large number of services to continue to play their economic and social roles.

When faced with the fear and pain of the COVID-19 epidemic, it is difficult for people to think about certain situations in advance. Business leaders should not only pay attention to how to survive, but also think about how to develop under the background of COVID-19 era, because COVID-19 era is not the past, but a new reality.

COVID-19 has accelerated social and technological changes and exerted influence on other aspects. This era is a technology-driven era, and people are forced to work at home, serve and entertain, and accept the trend of telemedicine and machine learning. This change reflects a profound behavior change, which cannot be realized even within ten years.

Because of COVID, the services of non-profit organizations are affected in many ways. Nonprofit Software can help organizations avoid close contact and realize remote options. However, due to the epidemic situation in the short term, there may be problems in product delivery. When the epidemic situation improves, the demand will recover quickly.

Nonprofit Software Drivers

Non-profit software is designed to help non-profit and charitable organizations meet the specific business needs of non-profit operation. Compared with for-profit enterprises, non-profit organizations have specific and unique needs. This is because they put forward requirements for the government to report, manage its tax exemption status and encourage the participation of specific communities through donations and voluntary service. Non-profit software provides flexibility and scalability for organizations in many fields, including donor and volunteer management, fund-raising, accounting, grant management and donor expectation management.
In short, with the help of Nonprofit Software, non-profit organizations can ensure that they do their best to exert the greatest influence and accomplish their mission. For example, Nonprofit Software can help cultivate relationships with donors and volunteers through publicity activities, regular communication and automatic response. Non-profit technology can also help organizations keep order by reducing data redundancy, tracking donor activities and automatically reporting results. With the help of non-profit technology focusing on accounting and data management, organizations can add professional knowledge to areas where the team may have limited prior knowledge.

Nonprofit Software Market Challenges

Cybercriminals may use software to lock customer data and steal customer information for profit. In recent years, the problem of software data information leakage emerges one after another. Software data leakage is a serious concern of companies and users, and it is also one of the important factors in choosing software. In addition, some cyber criminals may take advantage of the loopholes in the design of the trading mechanism to cheat money by means of Nonprofit Software. A series of vicious incidents brought by network criminals will reduce the credibility of non-profit software and hinder the development of non-profit software market.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview

The top three companies are Microsoft, Blackbaud, Global Payments Inc with the revenue market share of 13.73%, 8.49%, 7.90% in 2021.

Microsoft Corporation develops, manufactures, licenses, sells, and supports software products. The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software. Microsoft also develops video game consoles and digital music entertainment devices.

Blackbaud is the world's leading cloud software company powering social good. Serving the entire social good community-nonprofits, foundations, corporations, education institutions, healthcare institutions and individual change agents-Blackbaud connects and empowers organizations to increase their impact through software, services, expertise, and data intelligence.

Segmentation Overview:

Among different product types, Fundraising Software segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Human Services Nonprofits segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Nonprofit Software market covered in Chapter 3:

Blackbaud
Global Payments Inc
Community Brands
Oracle
SAP
Intuit Inc.
Virtuous
Bloomerang
Microsoft
Salesforce.org
Active Network
NeonCRM
Ministry Brands

In Chapter 4 and Chapter 14.2, on the basis of types, the Nonprofit Software market from 2018 to 2029 is primarily split into:

Fundraising Software
Management Software
Marketing Software
Prospect Research Software
ERP Software
Other

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Nonprofit Software market from 2018 to 2029 covers:

Human Services Nonprofits
Faith-based
Arts & Cultural
Philanthropic Foundation
Association
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)