PUBLISHER: The Business Research Company | PRODUCT CODE: 1435318
PUBLISHER: The Business Research Company | PRODUCT CODE: 1435318
A civic organization is an entity dedicated to fostering citizen values, good governance, and ethical principles to contribute to the overall development of its members. Social organizations, on the other hand, are welfare groups formed by individuals with shared interests, aiming to fulfill their social responsibilities towards society. These organizations actively work towards advancing the civic and social well-being of their members and may operate bars and restaurants exclusively for their members.
The primary types of civic and social organizations encompass academia, activist groups, charities, clubs, community foundations, community organizations, consumer organizations, cooperatives, and others. Academia pertains to all academics within a region or country, along with the institutions and activities associated with them. The range of products and services offered includes membership services, prepared meals and beverages, gaming services, rental of nonresidential space, private gifts, grants and donations, government grants and support, among others. Donations can be made through various channels such as online and offline. These organizations may have locations at domestic and international levels.
The civic and social organizations market research report is one of a series of new reports from The Business Research Company that provides civic and social organizations market statistics, including civic and social organizations industry global market size, regional shares, competitors with a civic and social organizations market share, detailed civic and social organizations market segments, market trends and opportunities, and any further data you may need to thrive in the civic and social organizations industry. This civic and social organizations market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The civic and social organizations market size has grown steadily in recent years. It will grow from $62.56 billion in 2023 to $65 billion in 2024 at a compound annual growth rate (CAGR) of 3.9%. The growth observed in the historical period can be attributed to factors such as the involvement of international aid organizations, the implementation of community development programs, the establishment of advocacy groups, the impact of civil rights movements, and the emergence of nonprofits.
The civic and social organizations market size is expected to see steady growth in the next few years. It will grow to $75.43 billion in 2028 at a compound annual growth rate (CAGR) of 3.8%. The anticipated growth in the forecast period can be attributed to improved communication strategies, the diversification of funding sources, a focus on environmental sustainability, addressing demographic changes, and innovative volunteer engagement. Major trends expected in the forecast period encompass digital transformation, initiatives promoting diversity, equity, and inclusion (DEI), community-centric solutions, advocacy for social justice, and the mobilization of volunteers.
The civic and social organizations' market is experiencing growth due to the increasing donations from corporates. Corporate sponsorships serve as significant funding sources for these organizations, allowing them to address and fulfill societal needs. These donations encompass various forms such as philanthropic contributions, event sponsorships, cause marketing, pro bono services, matching gifts, paid releases, in-kind donations, and check-out campaigns. For example, in April 2021, The Ithaca, an online fundraising tool based in New York, assisted over 40,000 organizations in raising over $2 billion, achieving a record-breaking $124 million in donations during civic Giving Days in August 2020. Additionally, in June 2020, BMO Financial Groups announced a $1 million donation to several organizations in North America supporting social and racial justice and inclusion. The surge in corporate donations is positively impacting the growth of the civic and social organizations market.
The growth of the civil and social organizations market is expected to be propelled by the increasing use of social media. Social media platforms provide cost-effective ways for organizations to enhance visibility and reach a wider audience. Organizations can create profiles, share content, and engage with followers, fostering connections with individuals interested in their causes or missions. For instance, according to Meltwater, a Netherlands-based software company, the UK has 35 million LinkedIn members and 28.75 million Instagram users between 2022 and 2023. The rising utilization of social media platforms is a key driver for the growth of the civil and social organizations market.
Innovative technologies, such as the Inclusive Digital Advocacy Toolkit, are being introduced by major companies in the civil and social organizations market to boost profitability. This toolkit aids civil society organizations, those supporting people with disabilities, and various advocates in leveraging social media and technology for advocacy operations. In November 2021, the International Foundation for Electoral Systems (IFES), a US-based non-profit organization, launched the Inclusive Digital Advocacy Toolkit, accessible to a wide range of participants, including political parties, candidates, elected officials, and government agencies. The toolkit guides users through all stages of creating an inclusive digital advocacy campaign, ensuring advocates promote the rights of everyone in a welcoming and accessible manner.
Major companies in the civil and social organizations market are innovating technologies such as the AI Council to enhance profitability. The CSIS AI Council operates internationally to address the potential and challenges posed by artificial intelligence (AI). In October 2022, the Center for Strategic and International Studies, a US-based think tank, launched the AI Council with the primary goal of providing guidance and assistance to individual countries and multilateral organizations, including the Group of Seven (G7). This involves direct engagement with governments and the public, along with the release of white papers offering comprehensive, practical, and insightful advice to the AI policy community.
Major companies operating in the civic and social organizations market report are Rotary International Club, Boys and Girls Clubs of America, American Association of State Colleges and Universities, National Low Income Housing Coalition, Lions Clubs International, National Council on Aging, National Urban League, Civic Nation, National Immigration Law Center, National Association for the Advancement of Colored People, National Association of Social Workers, National Council of Nonprofits, National Women's Law Center, Ethics & Compliance Officer Association, Hispanic Association of Colleges and Universities, National Organization for Women, National Alliance to End Homelessness, National Disability Rights Network, The Boy Scouts of America, National Women's Health Network, The Young Men's Christian Association, Atlanta Downtown Improvement District Inc., Society for Public Health Education, The Andrew Goodman Foundation, National Coalition Against Domestic Violence, Congressional Award Foundation, Beacon Hill Civic Association Community Corner, National Association of Government Communicators, Campus Vote Project, Nonprofit VOTE, National Youth Advocate Program, Points of Light Foundation, Public Allies Inc., Service Year Alliance, Teach For America, United Way Worldwide, Volunteers of America
Asia-Pacific was the largest region in the civic and social organizations market in 2023. North America was the second largest region in the global civic and social organizations market share. The regions covered in the civic and social organizations market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the civic and social organizations market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The civic and social organizations market consists of revenues earned by entities that are engaged in promoting the civic and social welfare of their members. The civic and social organizations market includes establishments such as alumni associations, granges, automobile clubs, parent-teacher associations, ethnic associations, fraternal lodges, and scouting organizations. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included the growth of the civic and social organizations market.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Civic And Social Organizations Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on civic and social organizations market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for civic and social organizations ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The civic and social organizations market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of covid 19 on supply chains and consumption patterns.