What is Contesting Software Market?
Contesting software is used by marketing teams to grow their business with the use of innovative competitions, contests, sweepstakes, and promotions offering rewards and benefits. It helps to prepare, organize, analyze, wrap up and launch any contest like a photo contest, video contest, check-in to win a contest, and others on social media.
Highlights from Contesting Software Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Submittable (United States), Award Force (Malta), Spinify (Canada), ShortStack (United States), OpenWater (United States), Rewards Fuel (United States), SkipsoLabs (United Kingdom), Evalato (Spain), VYPER (United States) and Wishpond (Canada) |
Global Contesting Software is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Softwares. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Submittable (United States), Award Force (Malta), Spinify (Canada), ShortStack (United States), OpenWater (United States), Rewards Fuel (United States), SkipsoLabs (United Kingdom), Evalato (Spain), VYPER (United States) and Wishpond (Canada) are some of the key players profiled in the study. Contesting Software Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Entrants, Judges, Contest Managers and Others |
Enterprise Size | Small and Medium Enterprises,Large Enterprises |
Deployment | Cloud-based,On-Premises |
On the basis of geography, the market of Contesting Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Raising Awareness to Build Brand and Technological Advancement across the Globe
Market Growth Drivers:
Increasing Applications of Contesting Software in Various End-Users and Rising Demand for Contesting Software from Contest Managers
Restraints:
High Required Costs for Adoption of Contesting Software
Opportunities:
Growing Adoption of Contesting Software will create Opportunities for Market Demand.
Key Target Audience
Contesting Software, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
On 16th June 2021, Wishpond has launched the Appointments Product. The new launch allows businesses to offer automated scheduling and improve relationship management.