PUBLISHER: KBV Research | PRODUCT CODE: 1599394
PUBLISHER: KBV Research | PRODUCT CODE: 1599394
North America Award Management Software Market Size, Share & Trends Analysis Report By Component, By Deployment, By Vertical, By Organization Size, By Country and Growth Forecast, 2024 - 2031
The North America Award Management Software Market would witness market growth of 13.0% CAGR during the forecast period (2024-2031).
The US market dominated the North America Award Management Software Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $390.8 million by 2031. The Canada market is experiencing a CAGR of 15.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 14.5% during (2024 - 2031).
The market has substantially developed in recent years, primarily due to the growing demand for digital transformation in organizational processes, particularly in employee recognition, event management, and corporate social responsibility (CSR) initiatives. This growth has been particularly notable in the wake of the COVID-19 pandemic, which pushed companies to adopt virtual and hybrid award systems. Award management software solutions enable organizations to streamline and automate their award processes, ranging from nominations and voting to event planning and the final announcement of winners. These systems have become crucial tools for businesses, non-profits, and other organizations seeking to efficiently manage award programs and ceremonies, regardless of size or complexity.
Award management software (AMS) is widely used across various industries for many applications. From corporate recognition programs to event planning for external awards, the versatility of AMS solutions has made them indispensable in today's fast-paced business world. One of the primary applications of AMS is in corporate employee recognition. Companies use award management software to run employee awards programs recognizing outstanding performance, milestones, and achievements. These awards can boost morale, enhance employee engagement, and increase job satisfaction. AMS solutions automate nomination submissions, voting processes, and award ceremonies, ensuring smooth execution with minimal manual involvement.
Canadian educational institutions increasingly focus on transparency and accountability in managing public and private funds. Award management software provides a streamlined and organized approach to managing these funds, ensuring schools can properly use resources and adhere to funding conditions. This emphasis on transparency and accountability is a key factor driving the adoption of award management software in Canada. Thus, the high number of educational institutions in Canada and NGOs in the USA drive the market's growth as both seek greater efficiency and transparency in managing grants.
Based on Component, the market is segmented into Solution and Services. Based on Deployment, the market is segmented into Cloud and On-Premise. Based on Vertical, the market is segmented into Corporation, Government, Industry Association, Educational Institute, Philanthropic Organization, and Other Vertical. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- SurveyMonkey Inc. (STG Partners, LLC)
- WizeHive, Inc.
- Submittable Holdings, Inc.
- Award Force
- Blackbaud, Inc.
- OpenWater
- Evalato
- Judgify Ltd.
- RhythmQ Inc
- AcclaimWorks Ltd.
North America Award Management Software Market Report Segmentation
By Component
- Solution
- Services
By Deployment
- Cloud
- On-Premise
By Vertical
- Corporation
- Government
- Industry Association
- Educational Institute
- Philanthropic Organization
- Other Vertical
By Organization Size
- Large Enterprises
- SMEs
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Award Management Software Market, by Component
- 1.4.2 North America Award Management Software Market, by Deployment
- 1.4.3 North America Award Management Software Market, by Vertical
- 1.4.4 North America Award Management Software Market, by Organization Size
- 1.4.5 North America Award Management Software Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
Chapter 4. North America Award Management Software Market by Component
- 4.1 North America Solution Market by Region
- 4.2 North America Services Market by Region
Chapter 5. North America Award Management Software Market by Deployment
- 5.1 North America Cloud Market by Country
- 5.2 North America On-Premise Market by Country
Chapter 6. North America Award Management Software Market by Vertical
- 6.1 North America Corporation Market by Country
- 6.2 North America Government Market by Country
- 6.3 North America Industry Association Market by Country
- 6.4 North America Educational Institute Market by Country
- 6.5 North America Philanthropic Organization Market by Country
- 6.6 North America Other Vertical Market by Country
Chapter 7. North America Award Management Software Market by Organization Size
- 7.1 North America Large Enterprises Market by Country
- 7.2 North America SMEs Market by Country
Chapter 8. North America Award Management Software Market by Country
- 8.1 US Award Management Software Market
- 8.1.1 US Award Management Software Market by Component
- 8.1.2 US Award Management Software Market by Deployment
- 8.1.3 US Award Management Software Market by Vertical
- 8.1.4 US Award Management Software Market by Organization Size
- 8.2 Canada Award Management Software Market
- 8.2.1 Canada Award Management Software Market by Component
- 8.2.2 Canada Award Management Software Market by Deployment
- 8.2.3 Canada Award Management Software Market by Vertical
- 8.2.4 Canada Award Management Software Market by Organization Size
- 8.3 Mexico Award Management Software Market
- 8.3.1 Mexico Award Management Software Market by Component
- 8.3.2 Mexico Award Management Software Market by Deployment
- 8.3.3 Mexico Award Management Software Market by Vertical
- 8.3.4 Mexico Award Management Software Market by Organization Size
- 8.4 Rest of North America Award Management Software Market
- 8.4.1 Rest of North America Award Management Software Market by Component
- 8.4.2 Rest of North America Award Management Software Market by Deployment
- 8.4.3 Rest of North America Award Management Software Market by Vertical
- 8.4.4 Rest of North America Award Management Software Market by Organization Size
Chapter 9. Company Profiles
- 9.1 SurveyMonkey Inc. (STG Partners, LLC)
- 9.1.1 Company Overview
- 9.2 WizeHive, Inc.
- 9.2.1 Company Overview
- 9.3 Submittable Holdings, Inc.
- 9.3.1 Company Overview
- 9.4 Award Force
- 9.4.1 Company Overview
- 9.5 Blackbaud, Inc. (YourCause, LLC)
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.6 OpenWater (ASI Company)
- 9.6.1 Company Overview
- 9.7 Evalato
- 9.7.1 Company Overview
- 9.8 Judgify Ltd.
- 9.8.1 Company Overview
- 9.9 RhythmQ Inc.
- 9.9.1 Company Overview
- 9.10. AcclaimWorks Ltd.
- 9.10.1 Company Overview
LIST OF TABLES
- TABLE 1 North America Award Management Software Market, 2020 - 2023, USD Million
- TABLE 2 North America Award Management Software Market, 2024 - 2031, USD Million
- TABLE 3 North America Award Management Software Market by Component, 2020 - 2023, USD Million
- TABLE 4 North America Award Management Software Market by Component, 2024 - 2031, USD Million
- TABLE 5 North America Solution Market by Region, 2020 - 2023, USD Million
- TABLE 6 North America Solution Market by Region, 2024 - 2031, USD Million
- TABLE 7 North America Services Market by Region, 2020 - 2023, USD Million
- TABLE 8 North America Services Market by Region, 2024 - 2031, USD Million
- TABLE 9 North America Award Management Software Market by Deployment, 2020 - 2023, USD Million
- TABLE 10 North America Award Management Software Market by Deployment, 2024 - 2031, USD Million
- TABLE 11 North America Cloud Market by Country, 2020 - 2023, USD Million
- TABLE 12 North America Cloud Market by Country, 2024 - 2031, USD Million
- TABLE 13 North America On-Premise Market by Country, 2020 - 2023, USD Million
- TABLE 14 North America On-Premise Market by Country, 2024 - 2031, USD Million
- TABLE 15 North America Award Management Software Market by Vertical, 2020 - 2023, USD Million
- TABLE 16 North America Award Management Software Market by Vertical, 2024 - 2031, USD Million
- TABLE 17 North America Corporation Market by Country, 2020 - 2023, USD Million
- TABLE 18 North America Corporation Market by Country, 2024 - 2031, USD Million
- TABLE 19 North America Government Market by Country, 2020 - 2023, USD Million
- TABLE 20 North America Government Market by Country, 2024 - 2031, USD Million
- TABLE 21 North America Industry Association Market by Country, 2020 - 2023, USD Million
- TABLE 22 North America Industry Association Market by Country, 2024 - 2031, USD Million
- TABLE 23 North America Educational Institute Market by Country, 2020 - 2023, USD Million
- TABLE 24 North America Educational Institute Market by Country, 2024 - 2031, USD Million
- TABLE 25 North America Philanthropic Organization Market by Country, 2020 - 2023, USD Million
- TABLE 26 North America Philanthropic Organization Market by Country, 2024 - 2031, USD Million
- TABLE 27 North America Other Vertical Market by Country, 2020 - 2023, USD Million
- TABLE 28 North America Other Vertical Market by Country, 2024 - 2031, USD Million
- TABLE 29 North America Award Management Software Market by Organization Size, 2020 - 2023, USD Million
- TABLE 30 North America Award Management Software Market by Organization Size, 2024 - 2031, USD Million
- TABLE 31 North America Large Enterprises Market by Country, 2020 - 2023, USD Million
- TABLE 32 North America Large Enterprises Market by Country, 2024 - 2031, USD Million
- TABLE 33 North America SMEs Market by Country, 2020 - 2023, USD Million
- TABLE 34 North America SMEs Market by Country, 2024 - 2031, USD Million
- TABLE 35 North America Award Management Software Market by Country, 2020 - 2023, USD Million
- TABLE 36 North America Award Management Software Market by Country, 2024 - 2031, USD Million
- TABLE 37 US Award Management Software Market, 2020 - 2023, USD Million
- TABLE 38 US Award Management Software Market, 2024 - 2031, USD Million
- TABLE 39 US Award Management Software Market by Component, 2020 - 2023, USD Million
- TABLE 40 US Award Management Software Market by Component, 2024 - 2031, USD Million
- TABLE 41 US Award Management Software Market by Deployment, 2020 - 2023, USD Million
- TABLE 42 US Award Management Software Market by Deployment, 2024 - 2031, USD Million
- TABLE 43 US Award Management Software Market by Vertical, 2020 - 2023, USD Million
- TABLE 44 US Award Management Software Market by Vertical, 2024 - 2031, USD Million
- TABLE 45 US Award Management Software Market by Organization Size, 2020 - 2023, USD Million
- TABLE 46 US Award Management Software Market by Organization Size, 2024 - 2031, USD Million
- TABLE 47 Canada Award Management Software Market, 2020 - 2023, USD Million
- TABLE 48 Canada Award Management Software Market, 2024 - 2031, USD Million
- TABLE 49 Canada Award Management Software Market by Component, 2020 - 2023, USD Million
- TABLE 50 Canada Award Management Software Market by Component, 2024 - 2031, USD Million
- TABLE 51 Canada Award Management Software Market by Deployment, 2020 - 2023, USD Million
- TABLE 52 Canada Award Management Software Market by Deployment, 2024 - 2031, USD Million
- TABLE 53 Canada Award Management Software Market by Vertical, 2020 - 2023, USD Million
- TABLE 54 Canada Award Management Software Market by Vertical, 2024 - 2031, USD Million
- TABLE 55 Canada Award Management Software Market by Organization Size, 2020 - 2023, USD Million
- TABLE 56 Canada Award Management Software Market by Organization Size, 2024 - 2031, USD Million
- TABLE 57 Mexico Award Management Software Market, 2020 - 2023, USD Million
- TABLE 58 Mexico Award Management Software Market, 2024 - 2031, USD Million
- TABLE 59 Mexico Award Management Software Market by Component, 2020 - 2023, USD Million
- TABLE 60 Mexico Award Management Software Market by Component, 2024 - 2031, USD Million
- TABLE 61 Mexico Award Management Software Market by Deployment, 2020 - 2023, USD Million
- TABLE 62 Mexico Award Management Software Market by Deployment, 2024 - 2031, USD Million
- TABLE 63 Mexico Award Management Software Market by Vertical, 2020 - 2023, USD Million
- TABLE 64 Mexico Award Management Software Market by Vertical, 2024 - 2031, USD Million
- TABLE 65 Mexico Award Management Software Market by Organization Size, 2020 - 2023, USD Million
- TABLE 66 Mexico Award Management Software Market by Organization Size, 2024 - 2031, USD Million
- TABLE 67 Rest of North America Award Management Software Market, 2020 - 2023, USD Million
- TABLE 68 Rest of North America Award Management Software Market, 2024 - 2031, USD Million
- TABLE 69 Rest of North America Award Management Software Market by Component, 2020 - 2023, USD Million
- TABLE 70 Rest of North America Award Management Software Market by Component, 2024 - 2031, USD Million
- TABLE 71 Rest of North America Award Management Software Market by Deployment, 2020 - 2023, USD Million
- TABLE 72 Rest of North America Award Management Software Market by Deployment, 2024 - 2031, USD Million
- TABLE 73 Rest of North America Award Management Software Market by Vertical, 2020 - 2023, USD Million
- TABLE 74 Rest of North America Award Management Software Market by Vertical, 2024 - 2031, USD Million
- TABLE 75 Rest of North America Award Management Software Market by Organization Size, 2020 - 2023, USD Million
- TABLE 76 Rest of North America Award Management Software Market by Organization Size, 2024 - 2031, USD Million
- TABLE 77 Key Information - SurveyMonkey Inc.
- TABLE 78 Key Information - WizeHive, Inc.
- TABLE 79 Key Information - Submittable Holdings, Inc.
- TABLE 80 Key Information - Award Force
- TABLE 81 Key Information - Blackbaud, Inc.
- TABLE 82 Key Information - OpenWater
- TABLE 83 Key Information - Evalato
- TABLE 84 Key Information - Judgify Ltd.
- TABLE 85 Key Information - RhythmQ Inc.
- TABLE 86 Key Information - AcclaimWorks Ltd.
