According to a research report published by Spherical Insights & Consulting, the Global Fundraising Market Size is Expected to Grow from USD 14.61 Billion in 2023 to USD 20.9 Billion by 2033, at a CAGR of 3.65% during the forecast period 2023-2033.

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The process of gathering money for different causes through individuals or groups is known as fundraising, and it can be carried out by both non-profit and for-profit organizations. Crowdfunding organizations raise money for a variety of causes, such as women’s empowerment, education, medical needs, and business needs. Nonprofits raise money for social and religious endeavors, obtain urgent medical funding, and assist those in need. Corporate fundraising is when businesses give to charities or nonprofits as a part of their corporate social responsibility initiatives. Quick and efficient donation collection for a variety of causes, including medical emergencies, is made possible by online fundraising, which makes use of platforms such as Give. Donations are gathered for a variety of purposes, such as medical emergencies, planning social gatherings, and contacting regular donors, using online fundraising, direct fundraising, and event fundraising. Increased awareness, digital platforms, sophisticated data analytics, economic growth, and advantageous government policies are all contributing to the global fundraising market’s expansion. However, growth is hampered by regulatory, compliance, donor fatigue, fraud, and economic uncertainties that affect global fundraising.

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Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Fundraising Market Size, Share, and COVID-19 Impact Analysis, By Entity (Nonprofits, Corporate Foundations, Cause Marketing, Nonprofit Software), By Technique (Online Funding, Direct Funding, Event and Galas), By End-User (Non-Profit Organizations, Educational Institutes, Political Campaigns), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

The nonprofit segment is predicted to hold the greatest market share through the forecast period.

Based on the entity, the fundraising market is classified into nonprofit, corporate foundations, cause marketing, and nonprofit software. Among these, the nonprofit segment is predicted to hold the greatest market share through the forecast period. Fundraising tools like donor management software and data analytics are used by nonprofit organizations with a variety of causes and a solid reputation. Their capacity to assemble volunteers and community resources enhances fundraising efforts, and they profit from government policies and tax incentives.

The online funding segment is anticipated to hold the greatest market share during the projected timeframe. 

Based on the technique, the fundraising market is divided into online funding, direct funding, events, and galas. Among these, the online funding segment is anticipated to hold the greatest market share during the projected timeframe. Geographical boundaries are broken down and larger donor pools are accessed through online platforms, which also offer accessibility, convenience, and worldwide reach. Engagement is increased by social media, net returns are increased by reduced operating costs, and efficacy is increased by combining digital marketing, artificial intelligence, and data analytics.

The educational institutes segment is anticipated to hold the greatest market share during the projected timeframe.   

Based on the end-user, the fundraising market is divided into non-profit organizations, educational institutes, and political campaigns. Among these, the educational institutes segment is anticipated to hold the greatest market share during the projected timeframe. Growing demand and expenses are fueling the education sector’s expansion, necessitating fundraising efforts. Digital platforms and alumni networks make this possible, encouraging a strong sense of community and donor loyalty.

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North America is estimated to hold the largest share of the fundraising market over the forecast period.

North America is estimated to hold the largest share of the fundraising market over the forecast period. Technology infrastructure, tax advantages, and philanthropic culture all have an impact on the North American market. Corporate foundations and nonprofits make contributions, and digital fundraising strategies increase the effectiveness of campaigns. Donations are encouraged by high levels of disposable income, regulatory frameworks, professional firms, and support networks.

Europe is predicted to have the fastest CAGR growth in the fundraising market over the forecast period. Software, crowdfunding platforms, EU regulations, digitalization, social entrepreneurship, and impact investing are all increasing the amount of money raised for charitable causes. Europe’s focus on social responsibility and sustainability is anticipated to increase fundraising efforts even more.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global fundraising market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major key players in the fundraising market include Campbell & Company, CCS Fundraising, Graham-Pelton, Westfall Gold, Bentz Whaley Flessner, DNL OmniMedia, Ter Molen Watkins & Brandt, Big Duck, Heller Consulting, Addelson Philanthropic Solutions, Brian Lacy and Associates, Bristol Strategy Group, GiveGab, Thompson Habib Denison Inc, Averill Fundraising Solutions, and Others.

Recent Development

• In November 2024, Fundraising and Engagement for Dynamics 365 and Azure services were recently updated by Microsoft to conform to the latest modifications to the Azure platform. This update ensures better performance and a more seamless deployment by fixing a bug in the Fundraising and Engagement installation process.
• In April 2024, Campbell & Company, an employee-owned national consulting firm, announced the appointment of Lisa Puck as its Chief Financial Officer.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the fundraising market based on the below-mentioned segments:

Global Fundraising Market, By Entity

• Nonprofits
• Corporate Foundations
• Cause Marketing
• Nonprofit Software

Global Fundraising Market, By Technique

• Online Funding
• Direct Funding
• Events
• Galas

Global Fundraising Market, By End-User

• Non-Profit Organizations
• Educational Institutes
• Political Campaigns

Global Fundraising Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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