Demand for Non profit Software Market to Increase from End-use Industries and Substantially Surge Revenues in the Global Market

Non-profit software is specifically created to assist non-profit organisations (NGOs) in managing their varied activities. Non-profit software includes features such as volunteer management, marketing communication, donor management, fund management, and fundraising, which assist non-profit organisations in effectively managing funds and volunteers, hence increasing the organization's operating efficiency.

Over the projection period, demand for non-profit software market is predicted to increase due to the need for a single platform for managing all tasks of a non-profit organisation. Non-profit software includes features such as volunteer management, donor management, event management, and event marketing to assist a non-profit organisation in running efficiently and managing all duties from a centralised system.

Furthermore, non-governmental organisations (NGOs) are actively participating in sustainable development activities around the world by organising a variety of small events or campaigns to educate people about issues such as global warming or pollution, as well as their potential drawbacks, which is expected to increase demand for non-profit software to manage volunteers and funding.The global non-profit software market is divided into North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa.

North America accounted for the highest share of the non-profit software market in 2018 and is likely to maintain its dominance during the forecast period due to the presence of firms such as Google and Microsoft. Furthermore, increased demand from consumers, investors, and suppliers for transparency of the organization's corporate social responsibility initiatives is driving up demand for non-profit software in the region.

Asia Pacific is also expected to witness significant growth during the forecast period. The growth in this region is mainly attributed to the rising adoption of cloud-based solutions, and rising investment in technology in emerging economies such as India and China.