What are our data sources?
We use the data sources on the side for ranking solutions and awarding badges in auction software category. Our data sources in auction software category include;
Auction software helps businesses organize and manage auctions. Auction solutions facilitate processes such as bid, inventor, and payment management.
If you’d like to learn about the ecosystem consisting of Auction Software and others, feel free to check AIMultiple SME / Other Industry Specific Software.
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We use the data sources on the side for ranking solutions and awarding badges in auction software category. Our data sources in auction software category include;
review websites
social media websites
search engine data for branded queries
According to the weighted combination of 7 data sources
OneCause, formerly BidPal
Auctria
Silent Auction Pro
Accelevents Mobile Auctions
SchoolAuction.net
Taking into account the latest metrics outlined below, these are the current auction software market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.
OneCause, formerly BidPal
Auctria
Silent Auction Pro
SchoolAuction.net
Accelevents Mobile Auctions
These are the number of queries on search engines which include the brand name of the solution. Compared to other SME / Other Industry Specific Software categories, Auction Software is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 85%, 4% more than the average of search queries in this area.
7 employees work for a typical company in this solution category which is 14 less than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 19 companies with >10 employees are offering auction software. Top 3 products are developed by companies with a total of 1k employees. The largest company building auction software is Community Brands with more than 600 employees.
Taking into account the latest metrics outlined below, these are the fastest growing solutions:
OneCause, formerly BidPal
Auctria
Silent Auction Pro
Accelevents Mobile Auctions
Greater Giving Event
We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.
These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.
This data is collected from customer reviews for all Auction Software companies. The most positive word describing Auction Software is “Easy to use” that is used in 21% of the reviews. The most negative one is “Difficult” with which is used in 4.00% of all the Auction Software reviews.
According to customer reviews, most common company size for auction software customers is 1-50 Employees. Customers with 1-50 Employees make up 57% of auction software customers. For an average SME / Other Industry Specific Software solution, customers with 1-50 Employees make up 23% of total customers.
These scores are the average scores collected from customer reviews for all Auction Software. Auction Software is most positively evaluated in terms of "Customer Service" but falls behind in "Ease of Use".
This category was searched on average for 1.6k times per month on search engines in 2022. This number is still 1.6k in 2023. If we compare with other sme / other industry specific software solutions, a typical solution was searched 566 times in 2022 and this increased to 720 in 2023.