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.
Free Valuable Insights: The Award Management Software Market is Predict to reach USD 1.6 Billion by 2031, at a CAGR of 13.6%
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
By Deployment
By Vertical
- Corporation
- Government
- Industry Association
- Educational Institute
- Philanthropic Organization
- Other Vertical
By Organization Size
By Country
- US
- Canada
- Mexico
- Rest of North America
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
3.2 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
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.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Award Management Software Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Award Management Software Market
FIG 4 Porter’s Five Forces Analysis – Award Management Software Market
FIG 5 North America Award Management Software Market share by Component, 2023
FIG 6 North America Award Management Software Market share by Component, 2031
FIG 7 North America Award Management Software Market by Component, 2020 - 2031, USD Million
FIG 8 North America Award Management Software Market share by Deployment, 2023
FIG 9 North America Award Management Software Market share by Deployment, 2031
FIG 10 North America Award Management Software Market by Deployment, 2020 - 2031, USD Million
FIG 11 North America Award Management Software Market share by Vertical, 2023
FIG 12 North America Award Management Software Market share by Vertical, 2031
FIG 13 North America Award Management Software Market by Vertical, 2020 - 2031, USD Million
FIG 14 North America Award Management Software Market share by Organization Size, 2023
FIG 15 North America Award Management Software Market share by Organization Size, 2031
FIG 16 North America Award Management Software Market by Organization Size, 2020 - 2031, USD Million
FIG 17 North America Award Management Software Market share by Country, 2023
FIG 18 North America Award Management Software Market share by Country, 2031
FIG 19 North America Award Management Software Market by Country, 2020 - 2031, USD Million