13-Jan-2020 | Facts and Factors
Facts and Factors Market Research has published a new report titled “United States Association Management Software Market (US) By Member Count (Up to 10,000 and Above 10,000), By Platform (Web-Based and App-Based), and By End-User (Association Management Companies (AMCs), Professional Associations, Trade Associations, and Others): U.S. Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2025”. According to the report, the demand for the United States Association Management Software market was valued at approximately USD 675 million in 2018 and is expected to reach a value of around USD 993 million by 2025, at a CAGR of around 6% between 2019 and 2025.
An AMS or association management software is a tool that offers professional firms as well as trade associations with the required features to proficiently carry out their routine operations & activities. Moreover, association management software also offers membership management features like easy to use reporting and platform permitting easy contact with members along with succoring member engagement. Additionally, the software provides associations with a solution that proficiently manages all their business functions and engages with the members for constantly assisting the organization to progress and outwitting its competitors.
Browse the full “United States Association Management Software Market (US) By Member Count (Up to 10,000 and Above 10,000), By Platform (Web-Based and App-Based), and By End-User (Association Management Companies (AMCs), Professional Associations, Trade Associations, and Others): U.S. Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2025” Report at https://www.fnfresearch.com/united-states-association-management-software-market-by-member-274
Furthermore, association management software helps the associations, clubs, and other member firms in enhancing the operational efficiency of the services like storing and editing member details in a database along with generating, upgrading, and reducing memberships. The software also helps the staff of the member firm to proficiently interact with members via email, social networking sites, mobile phones, and smartphones.
Association management in the U.S. is a management domain focusing on the effective managing of the firms across the U.S. Apparently, there are over 25,000 national associations and more than 65,000 state and regional associations in the United States of America. The kinds of association management software available in the country include free & open-source software.
High level of scalability and user-friendly features of the product to drive the market trends
The association management software is user-friendly and hence it is popular in myriad industries. Moreover, the onset of social media along with a high level of scalability of the product will result in humongous growth for the market over the forecast timeline.
Furthermore, huge customization provided by the major industry players will contribute lucratively towards the market expansion during the timespan from 2019 to 2025. In addition to this, the growing influx of cloud-based solutions across various sectors and access to mobile or smartphone applications in the U.S. will steer the growth of the industry during the forecast timeline. However, low awareness pertaining to software suite availability among the people of the country will inhibit the business growth over the forecast period. Nonetheless, swift technological progression and an increase in the proportion of tech-savvy end-users will enlarge the market scope in the U.S. over the forecast timeline.
App-based segment to record highest CAGR over the forecast period
The app-based segment is set to register the highest growth rate of over 7% during the timeline from 2019 to 2025. The segmental surge over the forecast period is credited to large-scale use of the app-based association management software by small, medium, and large firms in the U.S.
Professional associations segment to lead the end-user landscape by 2025 in terms of value
The professional associations segment is slated to witness a notable surge during the forecast period owing to burgeoning demand for association management software in various professional associations including Pharmacy, bar association, nurse practitioners, osteopathic medical, occupational therapy, professional engineers, counseling associations, architects, psychology associations, insurance associations, coaches associations, and other professional associations.
California to account for a major revenue share of the United States Association Management Software Market by 2025
The growth of the market in California during the forecast period is due to favorable legislation passed by the state of California prompting the use of the product. For instance, the state authorities are likely to pass a CCPA (California Consumer Privacy Act) law in the first half of 2020. Reportedly, the law is predicted to offer data protection to various U.S. firms.
Some of the key players in the market include GrowthZone, MemberClicks, LLC, 123signup, Community Brands HoldCo, LLC, Euclid Technology, LLC, Fonteva, Impexium, MemberCentral, Inc., MemberSuite, Naylor (Timberlake), Novi AMS, Personify Corp. (Wild Apricot), Star Chapter, and TCS Software.
This report segments the United States Association Management Software market as follows:
United States Association Management Software Market: By Member Count Segment Analysis
- Up to 10,000
- Above 10,000
United States Association Management Software Market: By Platform Segment Analysis
United States Association Management Software Market: By End-User Segment Analysis
- Association Management Companies (AMCs)
- Professional Associations
- Trade Associations
United States Association Management Software Market: State-wise Segment Analysis
- The U.S.
- New York
- Washington, DC
- Rest of the U.S.
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