About Online Fundraising Software
The online fundraising software automates the process of managing the donor and pledging information regarding the fundraising campaigns present online. The software is widely used by the on profit organization present worldwide for online crowdfunding as it makes it easy to reach people in a shorter time and manages all the funding process. The main intention of using the software is attracting and retaining the donor to ensure the loyalty for continuous funding for the nonprofit activities. The online fundraising activities are carried out through various social media platforms as there is wide reach.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Online Fundraising Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Qgiv, Inc. (United States), Salsa Labs, Inc (United States), Double the Donation (United States), CiviCRM LLC (United States), Fundly (United States), Wefunder (United States), Kickstarter, PBC (United States), Aplos Software, LLC. (United States), Neon One, LLC (United States), Donor Perfect (United States), Allegiance Fundraising Group, LLC (United States) and GoFundMe (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Online Fundraising Software market by , Application (Individuals and Nonprofit Organizations) and Region.
On the basis of geography, the market of Online Fundraising 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). If we see Market by Pricing Option, the sub-segment i.e. Monthly Subscription will boost the Online Fundraising Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud-based will boost the Online Fundraising Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. Auction Management will boost the Online Fundraising Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Use of Online Fundraising Software through Online Crowdfunding as More Number of People are Present in Digital Platform and Integration of Online Fundraising Software with the Social Media Platform for Better Reach
Market Growth Drivers:
Need for the Automation in Fundraising Activities and Growing Demand for the Fast Fundraising Process and Reach for Any Urgent Need and Requirement in the non Profit Activities
Challenges:
Number of Online Fundraising Software in the Market with the Fraudulent Intention
Restraints:
Major Problems with Online Fundraising Software might be the Security Threats
Opportunities:
Awareness Programs Regarding the Fundraising Benefits and Growing Number of Non-Profit Organisation Worldwide
Market Leaders and their expansionary development strategies
On 15th October 2019, GoFundMe launches free platform for nonprofits and charities, rolls out button to donate anywhere. It has created a button that can be integrated into any site to donate money wherever people want to do so.
On 19th November 2019, Allegiance Fundraising Group (AFG), a leading provider of fundraising solutions for nonprofits, acquired Beaconfire RED, a digital fundraising agency located in Arlington, Virginia. Founded in 2001, Beaconfire RED has partnered with hundreds of nonprofits, associations, and social enterprises to create ROI-focused digital campaigns, design user-centric websites and apps, and develop technology solutions that drive engagement, reach and increase revenue.
Key Target Audience
Online Fundraising Software Developers, Online Fundraising Industry Association, Research and Development, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.