Middle East & Africa Grant Management Software Market Forecast to 2028 -Regional Analysis by Component, Deployment Type, Organization Size, and End User

Description

List of Tables

The Middle East & Africa grant management software market was valued at US$ 72.04 million in 2023 and is projected to reach US$ 127.45 million by 2028; it is expected to grow at a CAGR of 12.1% from 2023 to 2028.

Emergence of AI in Grant Management Software is Driving the Middle East & Africa Grant Management Software Market

Artificial intelligence (AI) is vital to any foundation or nonprofit organization. The ability of AI to provide quick Artificial intelligence (AI)-based grant management software is vital in any foundation or nonprofit organization. AI can provide quick mathematical calculations to increase the of human intelligence. AI-based software can manage high-volume data efficiently and outlines forecasts and risks more effortlessly, even with a less skilled workforce. Several grant management software providers are integrating their existing solutions with AI techniques to improve analytical abilities of the software. AI algorithms can be used to automatically score grant applications based on specific criteria. This can save time for the grant administration and ensure a fair and objective evaluation process. AI can be used to analyze past grant applications and outcomes to predict which applications are most likely to be successful. As expectations of end users regarding analytics and forecasting capabilities increase, the integration of existing grant management software with AI is expected to drive the growth of the grant management software market in the coming years.

Middle East & Africa Grant Management Software Market Overview

The grant management software market in the Middle East & Africa is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. Rapidly increasing urbanization and industrialization in the region improve diverse industries' growth. Several factors, such as smartphone connectivity, increased demand for advanced digital technology, and a rise in people's living standards, positively influence the grant management software market across the region. In the MEA, an increase in the number of funding associations such as the Anna Lindh Foundation, The King Abdullah II Award for Youth Innovation and Achievement (KAAYIA), Middle East Youth Initiative, Said Foundation, and Save The Children Sweden-Middle East Region is anticipated to propel the market growth during the forecast period. In October 2019, the UAE government provided US$ 3.63 billion in grants across all seven emirates in H1-2019, a 23.4% increase from 2018, as per the statistics of the Ministry of Finance. The federal and local governments offer grants to ensure social cohesion and integration, a cornerstone of the country's development drive. Such initiatives will provide opportunities to the grant management software market in the MEA during the forecast period.

Middle East & Africa Grant Management Software Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Grant Management Software Market Segmentation

The Middle East & Africa grant management software market is segmented into component, deployment type, organization size, end user, and country.

Based on component, the Middle East & Africa grant management software market is categorized on as software and services. The software segment dominated the Middle East & Africa grant management software market share in 2023.

Based on deployment type, the Middle East & Africa grant management software market by has been segmented into cloud and on-premises. The cloud segment dominated the Middle East & Africa grant management software market share in 2023.

Based on organization size, the Middle East & Africa grant management software market by is bifurcated into large enterprise and small and medium enterprises (SMEs). The large enterprises segment dominated the Middle East & Africa grant management software market share in 2023.

Based on end user, the Middle East & Africa grant management software market is segmented into educational institutes, governments, BFSI, nonprofit organizations, and others. The government segment dominated the Middle East & Africa grant management software market share in 2023.

Based on country, the Middle East & Africa grant management software market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. The UAE dominated the market in 2023.

Oracle Corp; Salesforce Inc; Sage Group Plc; and Workday Inc are the leading companies operating in the Middle East & Africa grant management software market.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa grant management software market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa grant management software market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the grant management software market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Product Code: BMIRE00028629

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
- 1.3.1 Middle East & Africa Grant Management Software Market - By Component
- 1.3.2 Middle East & Africa Grant Management Software Market - By Deployment Type
- 1.3.3 Middle East & Africa Grant Management Software Market - By Organization Size
- 1.3.4 Middle East & Africa Grant Management Software Market - By End User
- 1.3.5 Middle East & Africa Grant Management Software Market- By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Middle East & Africa Grant Management Software Market Landscape

4.1 Market Overview
4.2 Middle East & Africa PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. Middle East & Africa Grant Management Software Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Increasing Number of Grants
- 5.1.2 Increasing Adoption of Cloud-Based Solutions
5.2 Market Restraints
- 5.2.1 High-Security Concerns and High Complexity and Cost of Integration
5.3 Market Opportunities
- 5.3.1 Growing Awareness and Demand in Developing Countries
5.4 Trends
- 5.4.1 Emergence of AI in Grant Management Software
5.5 Impact Analysis of Drivers and Restraints

6. Grant Management Software Market - Middle East & Africa Analysis

6.1 Middle East & Africa Grant Management Software Market Overview
6.2 Middle East & Africa Grant Management Software Market, Revenue and Forecast to 2028 (US$ Million)

7. Middle East & Africa Grant Management Software Market Analysis - By Component

7.1 Overview
7.2 Middle East & Africa Grant Management Software Market, By Component (2022 and 2028)
7.3 Software
- 7.3.1 Overview
- 7.3.2 Software: Middle East & Africa Grant Management Software Market - Revenue, and Forecast to 2028 (US$ Million)
7.4 Services
- 7.4.1 Overview
- 7.4.2 Services: Middle East & Africa Grant Management Software Market - Revenue, and Forecast to 2028 (US$ Million)

8. Middle East & Africa Grant Management Software Market Analysis - By Deployment Type

8.1 Overview
8.2 Middle East & Africa Grant Management Software Market, By Deployment Type (2022 and 2028)
8.3 Cloud
- 8.3.1 Overview
- 8.3.2 Cloud: Middle East & Africa Grant Management Software Market- Revenue and Forecast to 2028 (US$ Million)
8.4 On Premises
- 8.4.1 Overview
- 8.4.2 On Premises: Middle East & Africa Grant Management Software Market- Revenue and Forecast to 2028 (US$ Million)

9. Middle East & Africa Grant Management Software Market Analysis - By Organization Size

9.1 Overview
9.2 Middle East & Africa Grant Management Software Market, By Organization Size (2022 and 2028)
9.3 Small & Medium Enterprises
- 9.3.1 Overview
- 9.3.2 Small & Medium Enterprises: Middle East & Africa Grant Management Software Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Large Enterprises
- 9.4.1 Overview
- 9.4.2 Large Enterprises: Middle East & Africa Grant Management Software Market - Revenue and Forecast to 2028 (US$ Million)

10. Middle East & Africa Grant Management Software Market Analysis - By End User

10.1 Overview
10.2 Middle East & Africa Grant Management Software Market, By End User (2022 and 2028)
10.3 Government
- 10.3.1 Government: Middle East & Africa Grant Management Software Market - Revenue and Forecast to 2028 (US$ Million)
10.4 Non-Profit Organizations
- 10.4.1 Non-Profit Organizations: Middle East & Africa Grant Management Software Market - Revenue and Forecast to 2028 (US$ Million)
10.5 Educational Institutes
- 10.5.1 Overview
- 10.5.2 Educational Institutes: Middle East & Africa Grant Management Software Market - Revenue and Forecast to 2028 (US$ Million)
10.6 BFSI
- 10.6.1 BFSI: Middle East & Africa Grant Management Software Market - Revenue and Forecast to 2028 (US$ Million)
10.7 Healthcare
- 10.7.1 Healthcare: Grant Management Software Market - Revenue and Forecast to 2028 (US$ Million)

11. Middle East & Africa Grant Management Software Market - Country Analysis

11.1 Overview
- 11.1.1 Middle East & Africa Grant Management Software Market Breakdown, by Country
  - 11.1.1.1 UAE Grant Management Software Market, Revenue and Forecast to 2028
    - 11.1.1.1.1 UAE Grant Management Software Market Breakdown, By Component
    - 11.1.1.1.2 UAE Grant Management Software Market Breakdown, By Deployment Type
    - 11.1.1.1.3 UAE Grant Management Software Market Breakdown, By Organization Size
    - 11.1.1.1.4 UAE Grant Management Software Market Breakdown, By End User
  - 11.1.1.2 Saudi Arabia Grant Management Software Market, Revenue and Forecast to 2028
    - 11.1.1.2.1 Saudi Arabia Grant Management Software Market Breakdown, By Component
    - 11.1.1.2.2 Saudi Arabia Grant Management Software Market Breakdown, By Deployment Type
    - 11.1.1.2.3 Saudi Arabia Grant Management Software Market Breakdown, By Organization Size
    - 11.1.1.2.4 Saudi Arabia Grant Management Software Market Breakdown, By End User
  - 11.1.1.3 South Africa Grant Management Software Market, Revenue and Forecast to 2028
    - 11.1.1.3.1 South Africa Grant Management Software Market Breakdown, By Component
    - 11.1.1.3.2 South Africa Grant Management Software Market Breakdown, By Deployment Type
    - 11.1.1.3.3 South Africa Grant Management Software Market Breakdown, By Organization Size
    - 11.1.1.3.4 South Africa Grant Management Software Market Breakdown, By End User
  - 11.1.1.4 Rest of Middle East & Africa Grant Management Software Market, Revenue and Forecast to 2028
    - 11.1.1.4.1 Rest of Middle East & Africa Grant Management Software Market Breakdown, By Component
    - 11.1.1.4.2 Rest of Middle East & Africa Grant Management Software Market Breakdown, By Deployment Type
    - 11.1.1.4.3 Rest of Middle East & Africa Grant Management Software Market Breakdown, By Organization Size
    - 11.1.1.4.4 Rest of Middle East & Africa Grant Management Software Market Breakdown, By End User

12. Industry Landscape

12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
12.5 Europe and Netherlands Competition Landscape

13. Company Profiles

13.1 Oracle Corp
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Salesforce Inc
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 Sage Group Plc
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Workday Inc
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments

14. Appendix

14.1 About The Insight Partners
14.2 Word Index