Civic Services Market Business Growth, Rising Opportunities, Industry Research And Demand
The regions covered in the civic services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest civic services share.
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The civic services market consists of the sales of civic services and related goods by entities (organizations, sole traders and partnerships) that organize and promote religious activities; support various causes through grant making; advocate various social and political causes; and promote and defend the interests of their members. A service can be defined as a transaction between a buyer and a seller without the transfer of any physical goods or commodities. Examples of civic service organizations include community associations or organizations, ethnic associations, fraternal associations or lodges, girl guiding organizations, history societies, parent-teacher associations, retirement associations, scouting organizations, and students' associations.
Key competitors in the civic services market are The Southern Baptist Convention, Unicef, Feeding America, American Red Cross, Open Society Foundations, William and Flora Hewlett Foundation, Republican Party.
The global civic services market size is expected to grow from $970.07 billion in 2021 to $1051.79 billion in 2022 at a compound annual growth rate (CAGR) of 8.4%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The civic services market is expected to reach $1386.83 billion in 2026 at a CAGR of 7.2%.
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TBRC’s report segments the global civic services market:
1) By Type: Religious Organizations, NGOs and Charitable Organizations, Political Organizations, Unions and Associations
2) By Mode of Donation: Online, Offline
3) By Organization Location: Domestic, International
Read Further On The Civic Services Market Here:
The Table of Contents includes:
1. Executive Summary
2. Report Structure
3. Civic Services Market Characteristics
4. Civic Services Market Product Analysis
5. Civic Services Market Supply Chain
22. Key Mergers And Acquisitions In The Civic Services Market
23. Market Background: Services Market
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