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PUBLISHER: KBV Research | PRODUCT CODE: 1599396

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PUBLISHER: KBV Research | PRODUCT CODE: 1599396

Asia Pacific Award Management Software Market Size, Share & Trends Analysis Report By Component, By Deployment, By Vertical, By Organization Size, By Country and Growth Forecast, 2024 - 2031

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The Asia Pacific Award Management Software Market would witness market growth of 14.2% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Award Management Software Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $127.1 million by 2031. The Japan market is registering a CAGR of 13.5% during (2024 - 2031). Additionally, The India market would capture a CAGR of 15% during (2024 - 2031).

Award management software is increasingly integrated with other enterprise solutions, such as human resources (HR) platforms, event management software, and customer relationship management (CRM) systems. This integration helps streamline workflows and ensures that data from various systems is synchronized, reducing administrative burden and increasing efficiency.

Many companies are incorporating gamification elements into their award programs to enhance engagement. This could include point systems, badges, or leaderboards that make earning recognition more interactive and engaging. Gamification helps make the award experience more enjoyable and encourages wider participation.

The rapid digitalization of businesses across India is transforming traditional processes. Companies are adopting more tech-driven solutions to automate tasks, and Award Management Software fits perfectly into this trend. As more companies digitize their human resource and recognition functions, the need for efficient, automated award management tools increases. For example, large corporations like Tata Consultancy Services (TCS) have adopted award management systems as part of their digital HR solutions to track employee achievements, ensuring awards and recognition are given promptly and transparently.

Also, as companies grow, especially in the competitive Indian market, retaining talent becomes a priority. Award management software helps organizations establish recognition programs that promote positive work culture and employee satisfaction. By automating and simplifying the management of awards and recognitions, companies can ensure they retain high-performing employees. For instance, Wipro and Accenture India use such systems to manage employee recognition initiatives like "Employee of the Month" and other performance-related awards, ensuring they are fair, transparent, and data-driven. Thus, the market is propelling in the region due to the above factors.

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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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.

Asia Pacific Award Management Software Market Report Segmentation

By Component

  • Solution
  • Services

By Deployment

  • Cloud
  • On-Premise

By Vertical

  • Corporation
  • Government
  • Industry Association
  • Educational Institute
  • Philanthropic Organization
  • Other Vertical

By Organization Size

  • Large Enterprises
  • SMEs

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Table of Contents

Chapter 1. Market Scope & Methodology

  • 1.1 Market Definition
  • 1.2 Objectives
  • 1.3 Market Scope
  • 1.4 Segmentation
    • 1.4.1 Asia Pacific Award Management Software Market, by Component
    • 1.4.2 Asia Pacific Award Management Software Market, by Deployment
    • 1.4.3 Asia Pacific Award Management Software Market, by Vertical
    • 1.4.4 Asia Pacific Award Management Software Market, by Organization Size
    • 1.4.5 Asia Pacific 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. Asia Pacific Award Management Software Market by Component

  • 4.1 Asia Pacific Solution Market by Country
  • 4.2 Asia Pacific Services Market by Country

Chapter 5. Asia Pacific Award Management Software Market by Deployment

  • 5.1 Asia Pacific Cloud Market by Country
  • 5.2 Asia Pacific On-Premise Market by Country

Chapter 6. Asia Pacific Award Management Software Market by Vertical

  • 6.1 Asia Pacific Corporation Market by Country
  • 6.2 Asia Pacific Government Market by Country
  • 6.3 Asia Pacific Industry Association Market by Country
  • 6.4 Asia Pacific Educational Institute Market by Country
  • 6.5 Asia Pacific Philanthropic Organization Market by Country
  • 6.6 Asia Pacific Other Vertical Market by Country

Chapter 7. Asia Pacific Award Management Software Market by Organization Size

  • 7.1 Asia Pacific Large Enterprises Market by Country
  • 7.2 Asia Pacific SMEs Market by Country

Chapter 8. Asia Pacific Award Management Software Market by Country

  • 8.1 China Award Management Software Market
    • 8.1.1 China Award Management Software Market by Component
    • 8.1.2 China Award Management Software Market by Deployment
    • 8.1.3 China Award Management Software Market by Vertical
    • 8.1.4 China Award Management Software Market by Organization Size
  • 8.2 Japan Award Management Software Market
    • 8.2.1 Japan Award Management Software Market by Component
    • 8.2.2 Japan Award Management Software Market by Deployment
    • 8.2.3 Japan Award Management Software Market by Vertical
    • 8.2.4 Japan Award Management Software Market by Organization Size
  • 8.3 India Award Management Software Market
    • 8.3.1 India Award Management Software Market by Component
    • 8.3.2 India Award Management Software Market by Deployment
    • 8.3.3 India Award Management Software Market by Vertical
    • 8.3.4 India Award Management Software Market by Organization Size
  • 8.4 South Korea Award Management Software Market
    • 8.4.1 South Korea Award Management Software Market by Component
    • 8.4.2 South Korea Award Management Software Market by Deployment
    • 8.4.3 South Korea Award Management Software Market by Vertical
    • 8.4.4 South Korea Award Management Software Market by Organization Size
  • 8.5 Singapore Award Management Software Market
    • 8.5.1 Singapore Award Management Software Market by Component
    • 8.5.2 Singapore Award Management Software Market by Deployment
    • 8.5.3 Singapore Award Management Software Market by Vertical
    • 8.5.4 Singapore Award Management Software Market by Organization Size
  • 8.6 Malaysia Award Management Software Market
    • 8.6.1 Malaysia Award Management Software Market by Component
    • 8.6.2 Malaysia Award Management Software Market by Deployment
    • 8.6.3 Malaysia Award Management Software Market by Vertical
    • 8.6.4 Malaysia Award Management Software Market by Organization Size
  • 8.7 Rest of Asia Pacific Award Management Software Market
    • 8.7.1 Rest of Asia Pacific Award Management Software Market by Component
    • 8.7.2 Rest of Asia Pacific Award Management Software Market by Deployment
    • 8.7.3 Rest of Asia Pacific Award Management Software Market by Vertical
    • 8.7.4 Rest of Asia Pacific 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

LIST OF TABLES

  • TABLE 1 Asia Pacific Award Management Software Market, 2020 - 2023, USD Million
  • TABLE 2 Asia Pacific Award Management Software Market, 2024 - 2031, USD Million
  • TABLE 3 Asia Pacific Award Management Software Market by Component, 2020 - 2023, USD Million
  • TABLE 4 Asia Pacific Award Management Software Market by Component, 2024 - 2031, USD Million
  • TABLE 5 Asia Pacific Solution Market by Country, 2020 - 2023, USD Million
  • TABLE 6 Asia Pacific Solution Market by Country, 2024 - 2031, USD Million
  • TABLE 7 Asia Pacific Services Market by Country, 2020 - 2023, USD Million
  • TABLE 8 Asia Pacific Services Market by Country, 2024 - 2031, USD Million
  • TABLE 9 Asia Pacific Award Management Software Market by Deployment, 2020 - 2023, USD Million
  • TABLE 10 Asia Pacific Award Management Software Market by Deployment, 2024 - 2031, USD Million
  • TABLE 11 Asia Pacific Cloud Market by Country, 2020 - 2023, USD Million
  • TABLE 12 Asia Pacific Cloud Market by Country, 2024 - 2031, USD Million
  • TABLE 13 Asia Pacific On-Premise Market by Country, 2020 - 2023, USD Million
  • TABLE 14 Asia Pacific On-Premise Market by Country, 2024 - 2031, USD Million
  • TABLE 15 Asia Pacific Award Management Software Market by Vertical, 2020 - 2023, USD Million
  • TABLE 16 Asia Pacific Award Management Software Market by Vertical, 2024 - 2031, USD Million
  • TABLE 17 Asia Pacific Corporation Market by Country, 2020 - 2023, USD Million
  • TABLE 18 Asia Pacific Corporation Market by Country, 2024 - 2031, USD Million
  • TABLE 19 Asia Pacific Government Market by Country, 2020 - 2023, USD Million
  • TABLE 20 Asia Pacific Government Market by Country, 2024 - 2031, USD Million
  • TABLE 21 Asia Pacific Industry Association Market by Country, 2020 - 2023, USD Million
  • TABLE 22 Asia Pacific Industry Association Market by Country, 2024 - 2031, USD Million
  • TABLE 23 Asia Pacific Educational Institute Market by Country, 2020 - 2023, USD Million
  • TABLE 24 Asia Pacific Educational Institute Market by Country, 2024 - 2031, USD Million
  • TABLE 25 Asia Pacific Philanthropic Organization Market by Country, 2020 - 2023, USD Million
  • TABLE 26 Asia Pacific Philanthropic Organization Market by Country, 2024 - 2031, USD Million
  • TABLE 27 Asia Pacific Other Vertical Market by Country, 2020 - 2023, USD Million
  • TABLE 28 Asia Pacific Other Vertical Market by Country, 2024 - 2031, USD Million
  • TABLE 29 Asia Pacific Award Management Software Market by Organization Size, 2020 - 2023, USD Million
  • TABLE 30 Asia Pacific Award Management Software Market by Organization Size, 2024 - 2031, USD Million
  • TABLE 31 Asia Pacific Large Enterprises Market by Country, 2020 - 2023, USD Million
  • TABLE 32 Asia Pacific Large Enterprises Market by Country, 2024 - 2031, USD Million
  • TABLE 33 Asia Pacific SMEs Market by Country, 2020 - 2023, USD Million
  • TABLE 34 Asia Pacific SMEs Market by Country, 2024 - 2031, USD Million
  • TABLE 35 Asia Pacific Award Management Software Market by Country, 2020 - 2023, USD Million
  • TABLE 36 Asia Pacific Award Management Software Market by Country, 2024 - 2031, USD Million
  • TABLE 37 China Award Management Software Market, 2020 - 2023, USD Million
  • TABLE 38 China Award Management Software Market, 2024 - 2031, USD Million
  • TABLE 39 China Award Management Software Market by Component, 2020 - 2023, USD Million
  • TABLE 40 China Award Management Software Market by Component, 2024 - 2031, USD Million
  • TABLE 41 China Award Management Software Market by Deployment, 2020 - 2023, USD Million
  • TABLE 42 China Award Management Software Market by Deployment, 2024 - 2031, USD Million
  • TABLE 43 China Award Management Software Market by Vertical, 2020 - 2023, USD Million
  • TABLE 44 China Award Management Software Market by Vertical, 2024 - 2031, USD Million
  • TABLE 45 China Award Management Software Market by Organization Size, 2020 - 2023, USD Million
  • TABLE 46 China Award Management Software Market by Organization Size, 2024 - 2031, USD Million
  • TABLE 47 Japan Award Management Software Market, 2020 - 2023, USD Million
  • TABLE 48 Japan Award Management Software Market, 2024 - 2031, USD Million
  • TABLE 49 Japan Award Management Software Market by Component, 2020 - 2023, USD Million
  • TABLE 50 Japan Award Management Software Market by Component, 2024 - 2031, USD Million
  • TABLE 51 Japan Award Management Software Market by Deployment, 2020 - 2023, USD Million
  • TABLE 52 Japan Award Management Software Market by Deployment, 2024 - 2031, USD Million
  • TABLE 53 Japan Award Management Software Market by Vertical, 2020 - 2023, USD Million
  • TABLE 54 Japan Award Management Software Market by Vertical, 2024 - 2031, USD Million
  • TABLE 55 Japan Award Management Software Market by Organization Size, 2020 - 2023, USD Million
  • TABLE 56 Japan Award Management Software Market by Organization Size, 2024 - 2031, USD Million
  • TABLE 57 India Award Management Software Market, 2020 - 2023, USD Million
  • TABLE 58 India Award Management Software Market, 2024 - 2031, USD Million
  • TABLE 59 India Award Management Software Market by Component, 2020 - 2023, USD Million
  • TABLE 60 India Award Management Software Market by Component, 2024 - 2031, USD Million
  • TABLE 61 India Award Management Software Market by Deployment, 2020 - 2023, USD Million
  • TABLE 62 India Award Management Software Market by Deployment, 2024 - 2031, USD Million
  • TABLE 63 India Award Management Software Market by Vertical, 2020 - 2023, USD Million
  • TABLE 64 India Award Management Software Market by Vertical, 2024 - 2031, USD Million
  • TABLE 65 India Award Management Software Market by Organization Size, 2020 - 2023, USD Million
  • TABLE 66 India Award Management Software Market by Organization Size, 2024 - 2031, USD Million
  • TABLE 67 South Korea Award Management Software Market, 2020 - 2023, USD Million
  • TABLE 68 South Korea Award Management Software Market, 2024 - 2031, USD Million
  • TABLE 69 South Korea Award Management Software Market by Component, 2020 - 2023, USD Million
  • TABLE 70 South Korea Award Management Software Market by Component, 2024 - 2031, USD Million
  • TABLE 71 South Korea Award Management Software Market by Deployment, 2020 - 2023, USD Million
  • TABLE 72 South Korea Award Management Software Market by Deployment, 2024 - 2031, USD Million
  • TABLE 73 South Korea Award Management Software Market by Vertical, 2020 - 2023, USD Million
  • TABLE 74 South Korea Award Management Software Market by Vertical, 2024 - 2031, USD Million
  • TABLE 75 South Korea Award Management Software Market by Organization Size, 2020 - 2023, USD Million
  • TABLE 76 South Korea Award Management Software Market by Organization Size, 2024 - 2031, USD Million
  • TABLE 77 Singapore Award Management Software Market, 2020 - 2023, USD Million
  • TABLE 78 Singapore Award Management Software Market, 2024 - 2031, USD Million
  • TABLE 79 Singapore Award Management Software Market by Component, 2020 - 2023, USD Million
  • TABLE 80 Singapore Award Management Software Market by Component, 2024 - 2031, USD Million
  • TABLE 81 Singapore Award Management Software Market by Deployment, 2020 - 2023, USD Million
  • TABLE 82 Singapore Award Management Software Market by Deployment, 2024 - 2031, USD Million
  • TABLE 83 Singapore Award Management Software Market by Vertical, 2020 - 2023, USD Million
  • TABLE 84 Singapore Award Management Software Market by Vertical, 2024 - 2031, USD Million
  • TABLE 85 Singapore Award Management Software Market by Organization Size, 2020 - 2023, USD Million
  • TABLE 86 Singapore Award Management Software Market by Organization Size, 2024 - 2031, USD Million
  • TABLE 87 Malaysia Award Management Software Market, 2020 - 2023, USD Million
  • TABLE 88 Malaysia Award Management Software Market, 2024 - 2031, USD Million
  • TABLE 89 Malaysia Award Management Software Market by Component, 2020 - 2023, USD Million
  • TABLE 90 Malaysia Award Management Software Market by Component, 2024 - 2031, USD Million
  • TABLE 91 Malaysia Award Management Software Market by Deployment, 2020 - 2023, USD Million
  • TABLE 92 Malaysia Award Management Software Market by Deployment, 2024 - 2031, USD Million
  • TABLE 93 Malaysia Award Management Software Market by Vertical, 2020 - 2023, USD Million
  • TABLE 94 Malaysia Award Management Software Market by Vertical, 2024 - 2031, USD Million
  • TABLE 95 Malaysia Award Management Software Market by Organization Size, 2020 - 2023, USD Million
  • TABLE 96 Malaysia Award Management Software Market by Organization Size, 2024 - 2031, USD Million
  • TABLE 97 Rest of Asia Pacific Award Management Software Market, 2020 - 2023, USD Million
  • TABLE 98 Rest of Asia Pacific Award Management Software Market, 2024 - 2031, USD Million
  • TABLE 99 Rest of Asia Pacific Award Management Software Market by Component, 2020 - 2023, USD Million
  • TABLE 100 Rest of Asia Pacific Award Management Software Market by Component, 2024 - 2031, USD Million
  • TABLE 101 Rest of Asia Pacific Award Management Software Market by Deployment, 2020 - 2023, USD Million
  • TABLE 102 Rest of Asia Pacific Award Management Software Market by Deployment, 2024 - 2031, USD Million
  • TABLE 103 Rest of Asia Pacific Award Management Software Market by Vertical, 2020 - 2023, USD Million
  • TABLE 104 Rest of Asia Pacific Award Management Software Market by Vertical, 2024 - 2031, USD Million
  • TABLE 105 Rest of Asia Pacific Award Management Software Market by Organization Size, 2020 - 2023, USD Million
  • TABLE 106 Rest of Asia Pacific Award Management Software Market by Organization Size, 2024 - 2031, USD Million
  • TABLE 107 Key Information - SurveyMonkey Inc.
  • TABLE 108 Key Information - WizeHive, Inc.
  • TABLE 109 Key Information - Submittable Holdings, Inc.
  • TABLE 110 Key Information - Award Force
  • TABLE 111 Key Information - Blackbaud, Inc.
  • TABLE 112 Key Information - OpenWater
  • TABLE 113 Key Information - Evalato
  • TABLE 114 Key Information - Judgify Ltd.
  • TABLE 115 Key Information - RhythmQ Inc.
  • TABLE 116 Key Information - AcclaimWorks Ltd.
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