Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Grant management software offers a centralised platform to manage all grant related task effectively. It gives the visibility to every stage of grant lifecycle. It is profitable for both grant seekers and grant makers. The software aids the grant maker in grant reporting, programs and budget tracking, and managing & reporting grant funds. It helps the grant seekers in identifying right funding opportunities and also automates the processes like grant writing and submission. Overall, the features of the grant management software mainly includes grant discovery, budget planning, peer collaboration, regulatory compliance, proposal submission, administrative reporting and project tracking. It enables full visibility into terms and conditions, dates, balances and more. It eliminates miscommunication during processes and improves the clarity in the process.
The advancement in the features of the grant management software like AI and reporting analytics impacts positively on the growth of grant management software. It eliminates the reporting errors, losses from unspent funds, and the risk associated with non-compliances. The centralised platform offered by grant management software to manage every process related to grant lifecycle, fuels the demand of grant management software in several industries.
The study analyses the grant management software market based on component, deployment type, organization size, end-users, and geography.
The components of the grant management software are solution and services. The services segment of the grant management software mainly includes implementation and integration, training and education, support and maintenance services.
By deployment type the grant management software is bifurcated into the cloud-based and on-premises deployment type. The cloud based deployment type is expected to drive the growth of grant management software market. The features of cloud based deployment such as flexibility, unlimited storage, and elimination of cost related to technical staff positively impacts on the demand of cloud based deployment.
Based on the organizational size grant management software market is segmented into large organizations and small & medium-sized organizations. Large organizations are expected to contribute the largest share in the growth of grant management software market. Affordability is one of the major factor restraining the growth of the market in small scale industries.
Major end-users of the grant management software market covered in the study are government, healthcare and human services, educational institutes and others.
The key competitors of the grant management software market are WizeHive (US), Submittable (US), Oracle (US), Workday (US), Salesforce (US), eCivis (US), Benevity (Canada), SmarterSelect (US), Foundant Technologies (US), Blackbaud (US), Sage (England), SurveyMonkey(Canada), Fluxx (US), Award Force (Australia), Evalto (Spain), Fluent Technology (UK), HTC Global Services (US), ZoomGrants (US), CyberGrants (US) and Altum (US) among others.
Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and the Rest of the World. North America held the largest market share of the grant management software market. The increasing adoption of grant management software in the growing countries like China, India and Japan supports the growth of the market in APAC region.
The study analyses the global grant management software market based on component, deployment type, organization size, end-users, and geography. The components of the grant management software are solution and services. By deployment type the grant management software is bifurcated into the cloud-based and on-premises deployment type. Based on the organizational size grant management software market is segmented into large organizations and small & medium-sized organizations. Major end-users of the grant management software market covered in the study are government, healthcare and human services, educational institutes and others. Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and the Rest of the World.
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