"Smart Strategies, Giving Speed to your Growth Trajectory"

Award Management Software market size, share & industry analysis, By Component (Solution, Services), By Function Type (Entry Management, Judging Management, Reporting & Analytics, Application Tracking, Others), By Deployment (On-premises, Cloud), By Enterprise Size (Small and Medium Enterprises, Large Enterprises), By End-user (Government, Corporate, Educational Institutes, Industrial, Others) and regional forecast 2021-2028

Region : Global | Report ID: FBI103731 | Status : Ongoing

 

KEY MARKET INSIGHTS

Award management software offers a platform for companies and organizations to evaluate, compile, select, manage, judge, and analyze the nominees. It offers solutions for the entire award selection process for the organizations. The software also offers features such as communication channels for applicants, providing voting process, offer in-depth reports, and offers brief information of each applicant from the large pool of application. Its fast and instant summarization of application and provision of results is boosting the software demand. The software can be implemented in enterprises for screening the employees, educational, government institutions for allotting scholarships, fellowships, and grants. The vast application of software in organizations is driving the award management software market. Moreover, the ability to screen the large volume of entries as per the requirement is driving the demand of the software. The software also provides grant management capabilities, to offer incentives, aids, scholarships, recognitions, and more for educational and corporate institutes.


The large enterprises are expected to gain the traction owing to the massive number of employee participation. Similarly, the cloud-based award management software is expected to witness rapid adoption owing to its low cost of implementation, high storage space, and real-time access to data. Similarly, the integration of artificial intelligence and machine learning capabilities with the software is likely to create new opportunities in the market.


Key Market Driver -

• Growing demand for grant management software is likely to drive the market

Key Market Restraint -

• Issues like data privacy and security might hinder market growth


Key Players Covered:


Some of the key players in the global award management software market are Award Force WizeHive, AwardStage, Judgify, omniCONTESTS, Openwater, Reviewr, RhythmQInc, Smarterselect, Reviewr among others. The companies are offering a wide range of award management software. With an aim to reach end-users the software providers are entering into strategic partnerships with educational institutes, corporates, and government agencies.


Regional Analysis


North America is expected to dominate the award management software market owing to being an early adopter of the software. The US accounts for a significant number of software providers. The rising competition in the country and the need to acquire potential candidates are boosting the demand for the software. Europe is anticipated to grow in term of major market revenue share in the market. 


Asia Pacific is likely to gain traction during the forecast period. The development in countries like China, Japan, and India is boosting the adoption of software. China and India being the highly populated countries, the software offers easy access and information regarding the student and employee such as achievements, potential, experience, and more. This is driving the market.


To gain extensive insights into the market, Request for Customization


Segmentation


































 ATTRIBUTE


  DETAILS

By Component




  • Solution

  • Services



By Function Type




  • Entry Management

  • Judging Management

  • Reporting & Analytics

  • Application Tracking

  • Others



By Deployment




  • On-premises

  • Cloud



By Enterprise Size




  • Small and Medium Enterprises

  • Large Enterprises



By End-user




  • Government

  • Corporate

  • Educational Institutes

  • Industrial

  • Others



By Geography




  • North America (U.S. and Canada)

  • Europe (UK, Germany, France, Scandinavia and Rest of Europe)

  • Asia Pacific (Japan, China, India, Southeast Asia and Rest of Asia Pacific)

  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

  • Latin America (Brazil, Mexico and Rest of Latin America)



Key Industry Developments



  • May 2020 – Award Force announced the addition of new features in its judge management function. It can add, remove, or change the columns, the revised score sets feature, hide tab setting and other several aesthetic improvements added.



  • April 2018 – WizeHive announced partnership with eCivis, provider of SaaS grant management system. The partnership aims to centralized, enhanced, and streamline the evaluation and grant award process.


Award Management Software market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2020
  • 2017-2019

    CHOOSE LICENSE TYPE

  • $4850
    $6850
    $8850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Information & Technology Clients

huawei
Samsung
Lek
Google
ey

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X