According to the study, Increasing use of mobile apps and gamification to attract donations is one of the primary growth factors for the market. Growing demand for cloud-based peer-to-peer Fundraising Software is also expected to contribute significantly to the Peer-to-Peer Fundraising Technology market. Overall, applications of Peer-to-Peer Fundraising Technology, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Donorbox (United States), GoFundMe (United States), Bonfire (United States), Fundly (India), CauseVox (United States), Bloomerang (United States), Classy (United States), Donately (United States), One Cause (United States), Grassroots Unwired (United States) and GoFundMe (United States) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMAs Analyst on the Global Peer-to-Peer Fundraising Technology market identified that the demand is rising in many different parts of the world as "Expansion of nonprofit's donor base though fundraising software". Furthermore, some recent industry insights like "In January 2023, One Cause, a leading provider of digital fundraising technology, collectively raised over USD 5 billion using company’s fundraising platform. During this time, over 55,000 campaigns have had been hosted on the fundraising platform, advancing causes like health and human services, animal welfare, human rights, education, and youth development." is constantly making the industry dynamic. One of the challenges that industry facing is "The effort it takes to teach the existing donors/fundraisers and Tracking and managing donations"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Peer-to-Peer Fundraising Technology market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Peer-to-Peer Fundraising Technology market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Peer-to-Peer Fundraising Technology market tight? Which application/end-user category or Product Type  may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Peer-to-Peer Fundraising Technology market and other related sub-markets covered in the study.
o Key & emerging players in the Peer-to-Peer Fundraising Technology market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Peer-to-Peer Fundraising Technology market size is calculated using market estimation process, the Peer-to-Peer Fundraising Technology market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Peer-to-Peer Fundraising Technology market size has been validated using both top-down and bottom-up approaches.