Political Organizations, Unions And Associations Market Size, Share, Competitive Landscape And Trend Analysis Report
There has been significant growth in the market size of political organisations, unions, and associations in recent years. The market is projected to expand from $423.85 billion in 2024 to $447.34 billion by 2025, with a compound annual growth rate (CAGR) of 5.5%. The growth experienced in the historical period can be traced back to political activities, legislative and policy changes, increased membership and donations, along with grassroots and labour movements.
The market size of political organizations, unions and associations is anticipated to experience robust growth in the forthcoming years. It is predicted to expand to $555.77 billion by 2029, with a compound annual growth rate (CAGR) of 5.6%. The projected growth during the forecast period could be due to factors such as election cycles, advocacy and lobbying, digital involvement, healthcare and public health initiatives, and labor rights and worker movements. Key trends expected during this period are digital metamorphosis, civic participation and activism, environmental advocacy, collaboration and building of coalitions, transparency and accountability, as well as youth and student involvement.
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What Are The Major Driving Forces Influencing The Political Organizations, Unions And Associations Market Landscape?
The swell in social media users is fuelling expansion in the political organizations, unions and associations market. Social media provides a swift means of gauging the power and sway of a political faction or a union via the number of followers on platforms like Twitter, Facebook and others. Both large-scale and smaller, emerging political organizations, unions, and associations are progressively employing social media to share timely updates about issues and news, and gather input from their members. For example, in January 2024, We Are Social Ltd, a media firm based in the UK, reported a rise in social media use to 1.5%, a significant increase from 0.9% in January 2023. Therefore, the augments in social media usage is anticipated to propel the growth of the political organizations, unions, and associations market.
Who Are The Top Players In The Political Organizations, Unions And Associations Market?
Major players in the Political Organizations, Unions And Associations include:
. Republican Party
. Democratic Party
. Southern Baptist churches
. G8 Education
. The Salvation Army.
. The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO)
. Service Employees International Union (SEIU)
. National Education Association (NEA)
. American Civil Liberties Union (ACLU)
. Human Rights Campaign (HRC)
What Are The Key Trends Shaping The Political Organizations, Unions And Associations Industry?
Political entities, unions, and associations are progressively embracing social media platforms. The usage of services like Twitter and Facebook provides a quick gauge of a political or union entity's reach and impact, evaluated by follower counts. Both major and minor political groups, unions, and associations are steadily integrating the use of social media to promptly inform their base about relevant issues and news, as well as gather feedback from their members. A vast number of individuals rely on these online platforms for receiving reports from political bodies, associations, and individuals.
Market Share And Forecast By Segment In The Global Political Organizations, Unions And Associations Market
The political organizations, unions and associationsmarket covered in this report is segmented –
1) By Type: Civic And Social Organizations, Business Associations, Professional Organizations, Labor Unions And Similar Labor Organizations, Political Organizations, Other Political Organizations, Unions And Associations
2) By Mode of Donation: Online, Offline
3) By Organization Location: Domestic, International
Subsegments:
1) By Civic And Social Organizations: Charitable Organizations, Community Service Organizations, Religious Organizations
2) By Business Associations: Trade Associations, Industry-specific Business Groups, Chamber Of Commerce Organizations
3) By Professional Organizations: Healthcare Associations, Legal Associations, Educational And Academic Associations
4) By Labor Unions And Similar Labor Organizations: Trade Unions, Employee Associations, Collective Bargaining Organizations
5) By Political Organizations: Political Action Committees (PACs), Political Advocacy Groups, Political Campaigns
6) By Other Political Organizations: Non-governmental Organizations (NGOs) With Political Aims, Election Monitoring Bodies, Issue-based Political Groups
7) By Unions And Associations: Workers' Unions, Employer Associations, Professional Labor Organizations
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Political Organizations, Unions And Associations Market Regional Insights
In the year 2024, the largest region for political organizations, unions and associations was Asia-Pacific, with North America coming in as the second largest. The growth trends are predicted for these markets in the report. In addition, the report encompasses details from several regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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