Project Management Software for Nonprofits Market Scope
Project management software is used in nonprofit organizations to manage the entire project from planning, resource allocation, and scheduling to managing different aspects. The software helps nonprofits to organize campaigns and execute projects easily and more efficiently. The growing adoption of mobile devices among consumers will create significant opportunities for mobile applications for task or project management. Project management software offers real-time data about the team and helps to assign tasks according to availability.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Project Management Software for Nonprofits market throughout the predicted period.
Google (United States), IBM (United States), Oracle Corporation (United States), Zoho Corporation (India), Salesforce (United States), ClickUp (United States), monday.com (Israel), Slack Technologies (United States), Asana (United States), Quickbase (United States), Atlassian (Australia), Notion Labs, Inc. (United States), Basecamp (United States), KeyedIn Solutions (United States), Smartsheet Inc. (United States) and Bitrix24 (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Project Management Software for Nonprofits market , by Application (Project Portfolio Management, Team Collaboration, Resource Management, Document Management and Project Tracking) and Region with country level break-up.
On the basis of geography, the market of Project Management Software for Nonprofits has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- Emerging Trend of Cloud-based Solutions Due to Low Maintenance Cost and Flexibility
Market Drivers
- Surging Demand of Technological Solutions to Effectively Manage Entire Project Work and Enhance Productivity
- Growing Digitalization and Emerging Trend of Remote Working
Opportunities
- Growing Popularity of Mobile Apps for Project Management in Nonprofit Industry
Restraints
- Complexity of Project Management Software and Inadequate IT Budget May Limit the Adoption
Challenges
- High Competitions in the Global Market Due to Presence of Multiple Vendors
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Project Management Software for Nonprofits Providers, Venture Capitalists and Private Equity Firms, End Users and Others