Award Management Software Market Projected to Grow $856 million by 2025
The growing demand to scale award efforts with the help of advanced technology, establish a communication between award organizers, applicants and judges, increasing need to engage with the customers, and deliver an enriched experience continuously are some of the major factors driving the growth of the award management software market.
Browse 105 market data Tables and 26 Figures spread through 149 Pages and in-depth TOC on "Award Management Software Market - Global Forecast to 2025"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/award-management-software-market-18067784.html
By end user, corporations to hold the largest market size in 2020
In the current competent market, both small and large businesses leverage contests and events to position themselves apart from their competitors and attract more talented professionals at their workplace. The award management solution can help corporations in implementing various strategies, including entertainment of staff members, launch of new products, recruitment through creative contests, and employee motivation. Corporations are emphasizing on adopting the award management solution to boost the performance of award teams for better engagement of customers. Increasing automation in the corporation sector to increase business efficiency and remain competent in the market are major factors contributing to the growth of the award management software market.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=18067784
Services segment to grow at a higher CAGR during the forecast period
Award management services have a full scope of usage, ranging from assistance to customers for deployment of solution, integration, and implementation, to cater to the business-specific needs of organizations. Award management services help organizations bridge legacy systems to modern applications and take care of consulting and training work so that customers can focus on their core business. This has created opportunities for vendors to provide services to enterprises across different end users and help them deal with complexities while configuring the award management solution.
North America to have the largest market size during the forecast period
North America is estimated to account for the highest share of the market during the forecasted period. The region comprises developed countries, such as the US and Canada, and is considered the most advanced area in terms of adopting digital technologies. The North American region exhibits an extensive presence of key industry players offering award management solutions and services, and its financial position enables the region to invest majorly in leading tools and technologies for effective business operations.
Speak to Our Expert Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=18067784
Major vendors offering award management solution and services across the globe includes Blackbaud (US), WizeHive (US), Submittable (US), Evalato (Spain), Award Force (Australia), SmarterSelect (US), Reviewr (US), Eventsforce (UK), Currinda (Australia), AwardStage (UK), AcclaimWorks (England), Judgify (Singapore), Untap Compete (Egypt), OpenWater (US), omniCONTESTS (US), eAwards (Philippines), alpha awards (Austria), Omnipress (US), Submit.com (Ireland) and RhythmQ (Canada).
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441
MarketsandMarkets(TM) provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets(TM) for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets(TM) are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets(TM) now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets(TM) is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Award Management Software Market Projected to Grow $856 million by 2025 here
News-ID: 2064772 • Views: 340
More Releases from MarketsandMarkets(TM)
Casino Management Systems Market predicted to obtain $13.7 billion by 2025
According to a new market research report "Casino Management Systems Market by Component (Solutions and Services), Application (Accounting, Security and Surveillance, Player Tracking, Hotel and Hospitality, Analytics, and Digital Content Management), End User, and Region - Global Forecast to 2025" published by MarketsandMarkets™, the market size projected to grow from USD 6.4 billion in 2020 to USD 13.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 16.4%
5G Core Market extrapolated to obtain $ 9,497 million by 2025
According to a new market research report "5G Core Market by Component (Solutions and Services), Network Function (Access and Mobility Management Function, Policy Control Function, Unified Data Management), Deployment Model (Cloud and On-premises), End User, and Region - Global Forecast to 2025", published by MarketsandMarkets™, the 5G core market size projected to grow from USD 630 million in 2020 to USD 9,497 million by 2025, at a Compound Annual Growth
IoT in Healthcare Market worth $188.2 billion by 2025
According to a new market research report "IoT in Healthcare Market by Component (Medical Device, Systems & Software, Services, and Connectivity Technology), Application (Telemedicine, Connected Imaging, and Inpatient Monitoring), End User, and Region - Global Forecast to 2025" published by MarketsandMarkets™, the market size expected to grow from USD 72.5 billion in 2020 to USD 188.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.0% during the
Affective Computing Market revenues to gain $140.0 billion by 2025
According to a new market research report "Affective Computing Market by Technology (Touch-based and Touchless), Component (Software (Speech Recognition and Gesture Recognition) and Hardware (Sensors, Cameras, and Storage Devices and Processors)), Vertical, and Region - Global Forecast to 2025" published by MarketsandMarkets™, the affective computing market size in the post-COVID-19 scenario is projected to grow from USD 28.6 billion in 2020 to USD 140.0 billion by 2025, at a CAGR
More Releases for Award
A Gold Award
The ‘pergola stretch’ by markilux has been awarded the Innovation Prize at the ‘R+T digital’ trade fair The ‘pergola model’ developed by awning expert markilux was able to impress with its size and sophisticated technology during the nomination of the innovation prize 2021 at the International Trade Fair ‘R+T digital’. For example, the unique toothed drive belt of this awning with folding awning cover has made it possible to build impressive
CiMi.CON Evolution Award 2018
Berlin, July 5, 2018 – At the CiMi.CON Evolution 2018, held from July 2-4, gathered the top experts in the industry. Co-Hosted with the Pharma CiMi.CON, these two conferences provide a unique glimpse into the fascinating world of competitive and market intelligence. Over 300 attendees participated in this year’s event, which offers a diverse range of topics and formats. On the evening of day one, the CI experts took part
FAIE INNOVATION AWARD 2018
For hundreds of years, humanity has passed on from generation to generation valuable knowledge about the agricultural economy. Farmers from around the world work in various conditions, using a variety of methods and techniques. Every day they prove their dexterity, knowledge and ability to adapt. However, the climate and global changes of our era pose new challenges to them more often than ever before.Progress is not only taking place in
From Abracadabra to alakazam magician inline for National award Midlands, Sept. 7. 2016 - A MAGICIAN who has fought back from depression could be in line to win a national award. Eddie Young, who runs PhatMagic, has been nominated for a Kallikids award The 42-year-old, from Branston, set up Phat Magic more than four years ago after his wife, Debbie, bought him a magic set to 'give him something to do' while
Comprix Award for Ottobock
Advertising campaign changes healthcare communication True to the motto of this year's award "Best of...," Otto Bock HealthCare GmbH won the 2012 Comprix Gold Award over 301 competitors. The jurors presented the trophy for creative healthcare communication at the anniversary gala at the Tanzbrunnen in Cologne on May 4. In cooperation with the Düsseldorf agency Brand Pepper, the medical equipment company scored points for its advertising campaign for the Genium microprocessor-controlled
Volunteer Receives Award
BookSpring Names Mary Reynolds “Outstanding Reach Out and Read Advocate” AUSTIN, TX – BookSpring is proud to announce that Mary Reynolds has received the “Champion of Children’s Health and Literacy Award” for Outstanding Reach Out and Read Advocate. This award is an honor which recognizes individuals who make singular and outstanding contributions to the Reach Out and Read program in Central Texas. Mary Reynolds, President of Around Austin, Inc. and member