Europe Grant Management Software Market
The cloud solution is delivered in an all-in-one package comprising complete control and predictability of expenses, including uptime, hosting, software licensing, support, maintenance, software patches, and bug fixes. Based on customization, the cloud-based solutions can be deployed in a few days or might take a few weeks. The clients can access the cloud-based software using existing devices such as tablets or smartphones. The cloud-based solution eliminates the need to develop secure remote connections, such as virtual private networks regulating the speed. Thus, the solution's low-cost deployment and maintenance significantly drive the grand management software market in developed and developing countries. Seabrooks provides an easy-to-use cloud-based community impact grant management system. PyanGo offers software for educational institutions and nonprofits, fully integrated with the Oracle NetSuite cloud platform. As increasing adoption of cloud-based solutions has many advantages and in deploying consistently, and this propels growth of grant management software market.
Europe's grant management software market is segmented into Germany, France, the UK, Italy, Russia, and the rest of Europe. Over the past five years, capital investments in technology have grown by 124% in Europe, a rise of 39% between 2018 and 2019, to reach US$ 34.3 billion in capital investment in 2019. Software development services are increasingly in demand across Europe due to the increased adoption of IT and telecommunication, digital transformation, and automation. The EU general budget or the European Development Fund funds the European grants.
Rising awareness regarding the benefits of grant management software, including reduction of administrative time and costs, automation of report generation, and easy management of complex budgets and performance, fuels the growth of the Europe grant management software market. Moreover, an increasing number of companies offering innovative grant management software in Europe is anticipated to propel the market growth during the forecast period. CIVIC, a Scotland-based company, offers Advanced Grant Management Software (AGM), a grant and research management platform. AGM is highly customizable, providing secure end-to-end processing, increased data quality, and specialist feedback for improved results. Similarly, the presence of consultancy firms in Europe supporting the grant management process is anticipated to contribute to market growth in the coming years. Grants Europe, a Budapest and Hungary-based consultancy firm, offers premium services for accessing EU funding programs, such as FP7, Interreg, and URBACT. Integration of AI-enabled tools with grant management solutions is expected to become one of the major trends in Europe's grant management software market during the forecast period.
Strategic insights for the Europe Grant Management Software provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 489.27 Million |
| Market Size by 2028 | US$ 947.63 Million |
| Global CAGR (2021 - 2028) | 14.1% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2028 |
| Segments Covered |
By Component
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
The geographic scope of the Europe Grant Management Software refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Europe grant management software market is segmented into component, deployment type, organization size, end user, and country.
Based on component, the Europe grant management software market is categorized on as software and services. The software segment dominated the Europe grant management software market share in 2023.
Based on deployment type, the Europe grant management software market by has been segmented into cloud and on-premises. The cloud segment dominated the Europe grant management software market share in 2023.
Based on organization size, the Europe grant management software market by is bifurcated into large enterprise and small and medium enterprises (SMEs). The large enterprises segment dominated the Europe grant management software market share in 2023.
Based on end user, the Europe grant management software market is segmented into educational institutes, governments, BFSI, nonprofit organizations, and others. The government segment dominated the Europe grant management software market share in 2023.
Based on country, the Europe grant management software market is segmented into Germany,
the UK, France, Italy, Russia, Netherlands, and the Rest of Europe. Germany dominated the market in 2023.
Oracle Corp; Salesforce Inc; Sage Group Plc; Momentive Global Inc; and Workday Inc are the leading companies operating in the Europe grant management software market.
The Europe Grant Management Software Market is valued at US$ 489.27 Million in 2023, it is projected to reach US$ 947.63 Million by 2028.
As per our report Europe Grant Management Software Market, the market size is valued at US$ 489.27 Million in 2023, projecting it to reach US$ 947.63 Million by 2028. This translates to a CAGR of approximately 14.1% during the forecast period.
The Europe Grant Management Software Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Grant Management Software Market report:
The Europe Grant Management Software Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Grant Management Software Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Grant Management Software Market value chain can benefit from the information contained in a comprehensive market report.
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