The increasing need for accelerating grant application review and improving the grant process among organizations drives the demand for grant management software market
Grant management software facilitated enterprises to properly inspect the speed and quality of various procedures such as monitoring, reporting, and audits, along with improving the accounting performance. Growth in demand for developed financial management services and solutions is also expected to augment the industry growth over the forecast period.
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The market size for global grant management software is anticipated to reach USD 3 billion by 2025.
The grant management software provides thorough reporting capabilities to the financial enterprises so that they can virtually manage the daily requirements of portfolio management or any loan program. Thus, the incorporation of advanced technology with the legacy of financial and accounting management solutions is projected to offer lucrative prospects for the vendors in the next five years. However, strict government mandates for the banking, finance, and insurance sector is an essential factor that may restrict the grant management software industry growth across the globe.
Based on the function segment, the market is bifurcated into document management, performance & outcomes measurement, reporting, collaboration, application tracking, grant discovery, and others. In 2019, the document management segment gathered the largest market revenue and it is anticipated to govern the grant management software market throughout the forecast period. However, the performance & outcomes measurement segment is anticipated to grow at a substantial growth rate over the forecast period.
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The global grant management software market has strong competition among the well-established and new emerging players. These market players target to gain a competitive advantage over the other players by participating in partnerships, mergers, and acquisitions and expanding their businesses.
The global grant management software market is a wide range to North America, Europe, APAC, South America, and the Middle East & Africa. North America is considered a mature market in the grant management software storage, owing to an outsized presence of an organization with the availability of technical expertise and advanced IT infrastructure. The US and Canada are the highest contributory countries to the expansion of the grant management software market in North America.
The major players of the global grant management software market are WizeHive, Submittable, Oracle, Workday, Salesforce, eCivis, Benevity, SmarterSelect, Foundant Technologies, Blackbaud, Sage, and more. The grant management software market is fragmented with the existence of well-known global and domestic players across the globe.
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Segment Overview of Global Internet of Grant Management Software Market
Function Overview, 2018-2025 (USD Billion)
Application Tracking
Collaboration
Document Management
Grant Discovery
Performance & Outcomes Measurement
Reporting
Others
Organization Size Overview, 2018-2025 (USD Billion)
SMEs
Large Enterprises
End-User Overview, 2018-2025 (USD Billion)
Government
Healthcare & Human Services
Educational Institutions
Corporations
International & National Organizations
Others
Regional Overview, 2018-2025 (USD Billion)
North America
U.S.
Canada
Europe
UK
Germany
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia-Pacific
Middle East and Africa
UAE
South Africa
Rest of Middle East and Africa
South America
Brazil
Rest of South America
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Hence, the market size for global revenue management is anticipated to reach USD 28 billion by 2025.Request for Sample PDF @ https://www.adroitmarketresearch.com/contacts/request-sample/1192Growing focus on integrating marketing, commerce, sales, billing, accounts, and service, to decrease the operating expenses and enhance business processes is likely to draw focus on revenue management solutions.
However, complexity in integrating with the current infrastructure and high implementation expenses is probably to hinder revenue management growth.The market is segmented into IT & telecom, hospitality, transportation, healthcare, retail, BFSI, utilities, and others.
The market for the IT & telecom sector is anticipated to possess the largest market share in 2019.
The revenue management solution suite provides companies and the communication service providers who are proactive within the IoT business with tools to manage the overall billing life cycle.The report also throws light on various aspects of global revenue management by assessing the market using value chain analysis.
Furthermore, the report provides an in-depth assessment of the market competition with company profiles of global as well as local vendors.Browse Complete Report @ https://www.adroitmarketresearch.com/industry-reports/revenue-management-marketThe global revenue management market has strong competition among the well-established and new emerging players.
The US and Canada are the highest contributory countries to the expansion of the revenue management market in North America.The major players of the global revenue management market are Oracle, Huawei, Amdocs, Ericsson, Netcracker, CSG, Optiva, Cerillion, Accenture, SAP, Enghousenetworks, and more.
“Seed treatment is the key element in deciding the agriculture sector’s output and thus many players in the market are investing heavily in research and development of new formulation in the global seed treatment market.
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Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry.
The global smart baby monitor market is driven by numerous innovations and extension of product portfolio by leading companies.
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The global copper demand is projected to reach more than 30 million tons by 2025, based on findings from Adroit Market Research.
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A new report titled global UV Light Disinfection Market research report published by Reports and Data offers accurate estimations of the growth rate and market size over the forecast period.
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