Press release
Volunteer Management Platforms Market Poised for 18.8% Growth, Set to Hit $3.97 Billion by 2029
What industry-specific factors are fueling the growth of the volunteer management platforms market?The growth of the volunteer management platforms market is anticipated to be fuelled by the rise in fundraising for charity. The procedure of accumulating financial donations from individuals, business entities, foundations, and other groups to back the operations and programs of nonprofit organizations is referred to as fundraising for charity. The escalation in fundraisings for charities is largely a result of increased global problem awareness and growing confidence in the problem-solving capabilities of non-governmental organizations. Volunteer management platforms facilitate fundraising growth by efficiently coordinating and engaging volunteers, and cultivating stronger relationships with supporters. For example, Nonprofits Source, an American nonprofit entity, recorded in 2023 that US foundations donated an approximate figure of $103.5 billion to US charities that year, marking a 6.3% increase from the preceding years. Thus, the rising trend in charity fundraising is projected to fuel the volunteer management platforms market.
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How will the growth rate of the volunteer management platforms market shape industry trends by 2034?
The market size of volunteer management platforms has experienced swift expansion in the past few years. The market is projected to rise from $1.56 billion in 2024 to $1.86 billion in 2025, boasting a compound annual growth rate (CAGR) of 19.2%. Factors contributing to the growth during the historical period include an uptick in utilization of volunteer management solutions, development of cloud-based volunteers, surge in non-profit organizations, increasing count of non-governmental organizations (NGOs), and heightened awareness of the advantages of volunteer management software.
The market size of volunteer management platforms is anticipated to witness fast-paced expansion in the subsequent years. The market is forecasted to escalate to $3.69 billion in 2029 with a CAGR of 18.8%. The expected growth in the coming years stems from an increase in venture capital investments, a surge in the demand for digital solutions, growing number of non-profit organizations, an increment in government initiatives, and an rise in smartphone usage. The major market trends projected for the forecast period encompass technological innovation, the evolution of customer relationship management (CRM) platforms, the advent of artificial intelligence (AI) platforms, the inclusion of blockchain technology, and the implementation of machine learning (ML).
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What new trends are reshaping the volunteer management platforms market and its opportunities?
Major companies in the realm of volunteer management platforms are concentrating on the production of advanced solutions such as AI-driven volunteer management platforms to augment the effectiveness of volunteer coordination, streamline the recruitment procedure, and provide personalized volunteer experiences. The AI-powered volunteer management platform is an all-inclusive software solution utilizing artificial intelligence technologies to streamline and enhance different aspects of handling volunteer programs. For example, Salesforce, a technology firm based in the US, rolled out the Einstein 1 Platform in September 2023. This platform seamlessly incorporates the Einstein 1 Data Cloud, enabling businesses to consolidate customer data from diverse sources. This integration aids in formulating comprehensive customer profiles and permits the infusion of AI, automation, and analytics into customer interactions. The Einstein 1 Platform comes with integrated artificial intelligence to boost users' comprehension of customers and business operations. Einstein Copilot is a conversational AI assistant that provides users with a natural language interface to pose questions and receive relevant responses based on secure company data. The Einstein Copilot Studio facilitates developers to craft custom generative AI applications utilizing low-code prompts and skill builders.
What major market segments define the scope and growth of the volunteer management platforms market?
The volunteer management platformsmarket covered in this report is segmented -
1) By Product: Cloud-Based, On-Premises
2) By Pricing Model: Subscription, One-Time Payment
3) By Application: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
Subsegments:
1) Cloud-Based: SaaS Platforms, Web-Based Applications
2) On-Premises: Installed Software, Custom Solutions
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Which regions are key players in the growth of the volunteer management platforms market?
North America was the largest region in the volunteer management platforms market in 2024. The regions covered in the volunteer management platforms market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the volunteer management platforms industry growth?
Major companies operating in the volunteer management platforms market are Oracle Corporation, NetSuite Inc., Salesforce Inc., Blackbaud Inc., Galaxy Digital Holdings Ltd., Bloomerang LLC, GrowthZone Inc., Personify Inc., EveryAction Inc., Virtuous, NationBuilder, Accelevents Inc., Neon CRM, Rosterfy Ltd., SignUpGenius Inc., InitLive Inc., Lumaverse Technologies LLC, Volgistics Inc., VolunteerHub, SignUp.com, Breeze
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What Is Covered In The Volunteer Management Platforms Global Market Report?
•Market Size Forecast: Examine the volunteer management platforms market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the volunteer management platforms market for a structured understanding.
•Key Players Overview: Analyze major players in the volunteer management platforms market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the volunteer management platforms market.
•Segment Contributions: Evaluate how different segments drive overall growth in the volunteer management platforms market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the volunteer management platforms market.
•Industry Challenges: Identify potential risks and obstacles affecting the volunteer management platforms market.
•Competitive Landscape: Review strategic developments in the volunteer management platforms market, including expansions, agreements, and new product launches.
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