Global Sweepstakes Software Market Growth (Status and Outlook) 2023-2029

Global Sweepstakes Software Market Growth (Status and Outlook) 2023-2029

Product Code:461114

Published Date: Feb 08,2023

Pages: 101

Region: Global

Category: Service & Software

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Sweepstakes software, also referred to as competition marketing software, allows business to engage existing and potential customers through reward-based promotions.

LPI (LP Information)' newest research report, the “Sweepstakes Software Industry Forecast” looks at past sales and reviews total world Sweepstakes Software sales in 2022, providing a comprehensive analysis by region and market sector of projected Sweepstakes Software sales for 2023 through 2029. With Sweepstakes Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sweepstakes Software industry.

This Insight Report provides a comprehensive analysis of the global Sweepstakes Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sweepstakes Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Sweepstakes Software market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sweepstakes Software and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sweepstakes Software.

The global Sweepstakes Software market size is projected to grow from US$ 71 million in 2022 to US$ 157.2 million in 2029; it is expected to grow at a CAGR of 11.9% from 2023 to 2029.

Web-based Sweepstakes Software is the most widely used type which takes up about 66.4% of the US and UK market in 2019. USA now is the key provider and consumer of sweepstakes software. USA took about 91.4% of the total market in 2019. But UK market will get a more fast growth rate in the next few years.Wishpond, Second Street, DojoMojo, Votigo (acquired Heyo in 2016), ViralSweep, ShortStack, etc. are the key suppliers in the US and UK sweepstakes software market. Top 5 took up about 48.3% of the total market in 2019.

This report presents a comprehensive overview, market shares, and growth opportunities of Sweepstakes Software market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    Cloud Based
    Web Based

Segmentation by application
    Large Enterprises
    SMEs

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Wishpond
    Second Street
    Qualifio
    ShortStack
    Votigo
    DojoMojo
    Rafflecopter
    Woobox
    VYPER
    ViralSweep