Pune, India -- (SBWire) -- 11/07/2018 --Membership management software is broadly used to modernize the membership management process for enterprises and create more modified, satisfying experience for members. This software makes the appointment for members more planned by serving the firm's every aspect of the membership program. This software can prepare for non-profit organization and associations with the variety of tools to accomplish their membership programs more efficiently and effectively. This can be achieved by building complete member profiles for automating renewal reminders and other communications. The Global Membership Management Software Market, in terms of revenue, was valued at US$ 407.45 Mn in 2017 and is expected to reach US$ 548.91 Mn by 2022.
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Major Key players profiled in this report are: Active Network LLC, ClubExpress, Go Figure, Member365, MemberClicks, LLC, MemberPlanet, NationBuilder, Regpack, Softwood Technology Inc (Sumac), Star Chapter LLC, Wild Apricot Inc., Wodify Technologies Ltd, YourMembership, Zen Planner, LLC, Zenbership (Castlamp) amongst others.
This is a computer software which provides membership organizations such as clubs, associations, etc. with the functionality they require to provide their services to their members. Some of their services include storing and editing number information in the database, communicating with members by email, telephone, social media or post and creating, renewing, upgrading and downgrading memberships. Similar to other computer software, membership management software was initially developed and delivered as desktop software. It has now evolved into website-based software delivered from a web server and is now increasingly delivered as software as a service. With the advent of technological developments, membership management software market is experiencing high demand in the market from wide range of profit as well as non-profit organizations worldwide.
There are some of the factors, which are limiting the growth of the market such as integration and adaptability issues associated with this software. Moreover, growing awareness regarding benefits of membership management software is expected to generate immense opportunity for global market over the forecast period.
Cloud Based is Anticipated to be the Fastest Growing Segment During the Forecast Period, 2018 - 2026
Among type, cloud-based segment is projected to be the fastest growing segment over the forecast period. Cloud systems have the same functionality as "on-premise" solutions. However, updates for cloud systems are automatically rolled out by the vendor to all users, with no download required. Most cloud products have a subscription-based pricing structure. Whereas perpetual pricing requires users to pay one large upfront fee to use the software indefinitely, under subscription pricing, users pay a lower monthly or annual fee.
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Increasing Demand for Membership Software is anticipated to Drive the Market in the Asia Pacific During the Forecast Period.
The Asia Pacific is estimated to be the fastest growing region in the aforementioned market owing to the growing demand of software from developing economies such as India, China and Japan. Moreover, growing focus on maximum productivity, increasing adoption of ERP and analytical solutions, increase in R&D and investment activities by the global players in Asia Pacific
are some of the factors contributing to the growth of the membership management software market in the region.
Membership Management Software Market is Fragmented with the Presence of Global and Regional Players
Some of the key participants in global membership management software market are Active Network LLC, ClubExpress, Go Figure, Member365, MemberClicks, LLC, MemberPlanet, NationBuilder, Regpack, Softwood Technology Inc (Sumac), Star Chapter LLC, Wild Apricot Inc., Wodify Technologies Ltd, YourMembership, Zen Planner, LLC, Zenbership (Castlamp) amongst others. In December 2016, Zenbership v109 alpha version of the next generation of the program had been released with updates enlisting, pinned notes on homepage and/or or member page, added customizable pipeline (contact) types, source tracking with A/B testing options, SMS improvements, e-mail improvements, one click email reply on form submissions, invoices/subscription improvements, event attendee improvements, new feed items and general improvements, added better descriptions and help bubbles throughout the control panel, criteria error logs added, improved quick search, new hooks added, including subscription upgrade/downgrade & contact pipeline movement, admin dashboard lay-out changes and general performance improvements.
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Membership Management Software Market – By Type:
On-premise
Cloud Based
Market By End User:
Large Enterprise
SME's
Membership Management Software Market - By Application:
Organizing and Selling Tickets
Publishing and Delivering Textual or Audio-visual Content
Providing Advertising Opportunities
Facilitating Interaction
Collaborative File Sharing
Tracking Members Interests
Raising supplementary Income from Donations
Market By Region
North America
U.S.
Rest of North America
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
Southeast Asia
Rest of Asia Pacific
Middle East and Africa
GCC Countries
Southern Africa
Rest of Middle East and Africa
Latin America
Brazil
Rest of Latin America
Know Why Membership Management Software Market to Be Worth $548.91 Million by 2022 According to New Research
Membership Management Software Market by Type (On-premise and Cloud based); by End User (Large Enterprises and SME’s); by Application (Organizing and Selling Tickets, Publishing and Delivering Textual or Audio-visual Content, Providing Advertising Opportunities, Facilitating Interaction, Collaborative File Sharing, Tracking Members Interests and Raising supplementary Income from Donations); by Regional Outlook (U.S., Rest of North America, France, UK, Germany, Spain, Italy, Rest of Europe, China, Japan, India, Southeast Asia, Rest of Asia Pacific, GCC Countries, Southern Africa, Rest of MEA, Brazil, Rest of Latin America) – Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2018 – 2026