Global Digital Advocacy Software Market Tends and Forecast: Market Scale Growing at a CAGR of 10.38% from 2024 to 2029

Global Digital Advocacy Software Market Overview

According to Global Market Monitor, the global digital advocacy software market size is $356.09 million in 2024 with a CAGR of 10.38% from 2024 to 2029.

Digital advocacy software can help organize stakeholders and amplify information for nonprofits and corporations. Digital advocacy software can create powerful relationships and connections with target audiences, helping organizations and companies to easily promote events, manage them, pull votes, and more.

Advocacy groups and nonprofits can use digital advocacy software to manage their network of supporters, attract funders, and use digital advocacy software to get people to take action for a cause. Advocacy software provides individuals with the resources they need to connect people with elected officials and develop a strong advocacy strategy.

Markets in Underdeveloped Regions Are Difficult to Develop.

Organizations and companies in underdeveloped regions, due to the backward information technology infrastructure in the region, digital transformation is difficult and the progress is slow, so the market is difficult to develop. Digital transformation is the integration of digitally advanced technologies into all business areas to improve operations and deliver value to customers. This shift in traditional foundations is forcing companies to adopt new business models and market trends. Insights gleaned from constantly connected technologies help provide better customer experience after proper data analysis. But for non-profit organizations and companies, this transformation is not only about whether they are easy to introduce information technology, but more difficult is the extent to which their clients use information technology.

Global Digital Advocacy Software Market Size

Increasing Acceptance of Cloud-based Services

The increased acceptance of cloud-based services and the rapid introduction of innovations in organizations have led to an increase in cloud platform usage. In advanced economies, business demand for cloud-based services is growing rapidly. One of the major factors driving the growth of the digital advertising software market is the creation and management of referral programs to find and recruit the best promoters for each business. Monitoring interactions with advocates and their activities to understand how they can help marketers is another factor driving the advocacy software market forward.

Increasing Security Threats to Digital Advocacy Software's Stored Data

Growing security threats to data stored by Digital Advocacy Software may hinder growth. Digital Advocacy Software stores a large amount of personal and private data collected by organizations and customers. Digital Advocacy Software systems carry important information, and the security of this highly confidential data is a major concern for businesses. In addition, governments around the world have introduced strict data regulations, such as the General Data Protection Regulation (GDPR), to ensure the security of customer information. The growing number of data breaches through the software has created several problems for companies using the software. Hence, the increasing number of attacks through this system is expected to hinder the growth of the customer relationship management market.

Drivers

Increased acceptance of cloud-based services

Deepen understanding of software marketing

Challenges

Increasing Security Threats to Digital Advocacy Software's Stored Data

Markets in underdeveloped regions are difficult to develop

High new entrants’ barriers

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