Factors Driving Growth of the Global Non-profit Software Market
The requirement of a centralized platform for managing all tasks of a non-profit organization is expected to boost demand for non-profit software over the forecast period. Non-profit software is equipped with features such as volunteer management, donor management, event management, event marketing, which help a non-profit organization run effectively and manage all the tasks from a centralized system.
Moreover, NGOs are actively participating in sustainable development activities across the globe by organizing various small events or campaigns to educate people about issues such as global warming or pollution, their possible drawbacks, which is expected to boost demand for non-profit software to manage volunteers and funding.
The cloud-based system eliminates the need for hardware and software investment and provides flexibility and agility to the user. However, data security is one of the major concerns for any company if they want to shift to cloud-based technology. A cloud-based non-profit software contains the confidential data of donors, volunteers, as well as financial data. The lack of physical control on servers, which could lead to leakage of data and data transmission are some of the factors which must be considered when migrating to cloud-based business management solutions.
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