Market Size of Non-Profit Software Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 4.25 Billion |
Market Size (2029) | USD 5.83 Billion |
CAGR (2024 - 2029) | 7.98 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Non-Profit Software Market Analysis
The Non-Profit Software Market size is estimated at USD 4.25 billion in 2024, and is expected to reach USD 5.83 billion by 2029, growing at a CAGR of 7.98% during the forecast period (2024-2029).
The market opportunities for non-profit software vendors are expansive and dynamic, presenting a landscape rich with potential for innovation and impact. As the non-profit sector evolves, software solutions providers tailored to its unique needs open several critical avenues for growth and improvement.
- Marketing and outreach efforts are the ways NGOs raise donations. Smaller organizations confront marketing issues and may need more means to conduct campaigns. To overcome this, startups are developing various new marketing solutions that cater to the needs of all sizes of non-profits through simplified software. Besides, such solutions enable non-profits to better connect with clients and donors through multiple channels, increasing their reach.
- Furthermore, charity organizations embrace artificial intelligence to automate backend activities and generate critical operational insights. This improves revenue while decreasing costs. AI supports charitable organizations in automating administrative chores, which is advantageous for non-profit organizations that lack dedicated human resource management or administration staff. In addition, integrating cloud-based services in charity organizations lowers the cost of deploying AI-based automation.
- Fundraising software is intended to aid non-profit organizations in managing numerous aspects of the fundraising process, such as donation tracking, donor management, online fundraising, event management, and communication with donors. The software is designed to aid non-profits in rationalizing their fundraising struggles and making the most of their virtual fundraising efforts by delivering a range of features that can assist organizations in engaging and attracting donors, tracking fundraising metrics and progress, and managing donations.
- The non-profit organizations operate on a tight budget, relying on government grants, donations, and volunteers. With limited capital, software development and implementation can be complex, and organizations frequently need help to invest in technology solutions that could ultimately help them grow and be more effective.
- The COVID-19 pandemic has been challenging, mainly as new Non-profit fundraising trends are explored, requiring more effort than before COVID-19. These trends regarding fundraising demonstrated new ways to raise money and continue their essential work, leading to the adoption of technology products such as fundraising software.
Non-Profit Software Industry Segmentation
Non-profit software is created specifically to assist non-profit organizations or NGOs in managing their numerous daily organizational operations. Non-profit software enables firms on various levels, such as management, fundraising, donor interactions, accounting, marketing, and more.
The non-profit software market is segmented by deployment (on-premises and cloud), enterprise size (SMEs and large enterprises), type (admission-based non-profit software, fundraising software, marketing software, volunteer management, and CRM), and geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
By Deployment | |
On Premises | |
Cloud |
By Enterprise Size | |
SMEs | |
Large Enterprise |
By Type | |
Admission-Based Nonprofit Software | |
Fund Raising Software | |
Marketing Software | |
Volunteer Management | |
CRM | |
Other Types |
By Geography | |
North America | |
Europe | |
Asia Pacific | |
Latin America | |
Middle East and Africa |
Non-Profit Software Market Size Summary
The non-profit software market is experiencing significant growth, driven by the evolving needs of non-profit organizations and the increasing adoption of technology solutions. As non-profits seek to enhance their fundraising efforts and operational efficiencies, software providers are offering innovative solutions tailored to these organizations' unique challenges. The market is characterized by a diverse range of software applications, including fundraising management, donor engagement, and digital marketing tools, which are becoming essential for non-profits to connect with donors and streamline their operations. The integration of artificial intelligence and cloud-based services is further transforming the landscape, enabling non-profits to automate administrative tasks and gain valuable insights, thereby improving their overall effectiveness and reducing costs.
The market's expansion is also fueled by the growing trend of digital fundraising, which leverages digital channels and payment solutions to facilitate seamless and efficient donation processes. The increasing use of digital wallets and cashless transactions is reshaping how non-profits engage with donors, allowing for a more consistent and convenient giving experience. Regions like Asia-Pacific are witnessing a surge in non-profit activities due to economic growth and heightened social awareness, creating ample opportunities for software vendors. The market is semi-consolidated, with key players continuously innovating to maintain a competitive edge. Partnerships and collaborations among software providers and non-profit organizations are further driving market growth, as they work together to enhance fundraising capabilities and support social impact initiatives.
Non-Profit Software Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness-Porter's Five Forces Analysis
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1.2.1 Bargaining Power of Suppliers
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1.2.2 Bargaining Power of Consumers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitute Products
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1.2.5 Intensity of Competitive Rivalry
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1.3 Impact of COVID-19 on the Non-Profit Software Industry
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2. MARKET SEGMENTATION
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2.1 By Deployment
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2.1.1 On Premises
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2.1.2 Cloud
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2.2 By Enterprise Size
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2.2.1 SMEs
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2.2.2 Large Enterprise
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2.3 By Type
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2.3.1 Admission-Based Nonprofit Software
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2.3.2 Fund Raising Software
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2.3.3 Marketing Software
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2.3.4 Volunteer Management
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2.3.5 CRM
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2.3.6 Other Types
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2.4 By Geography
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2.4.1 North America
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2.4.2 Europe
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2.4.3 Asia Pacific
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2.4.4 Latin America
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2.4.5 Middle East and Africa
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Non-Profit Software Market Size FAQs
How big is the Non-Profit Software Market?
The Non-Profit Software Market size is expected to reach USD 4.25 billion in 2024 and grow at a CAGR of 7.98% to reach USD 5.83 billion by 2029.
What is the current Non-Profit Software Market size?
In 2024, the Non-Profit Software Market size is expected to reach USD 4.25 billion.