Civic And Social Organizations Market Analysis Report 2024-2033 | Key Players: Rotary International Club, Boys and Girls Clubs of America, American Association of State Colleges and Universities, National Low Income Housing Coalition, Lions Clubs Internat

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The Business Research Company presents an extensive market research report on the Civic And Social Organizations Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:
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 in the historic period can be attributed to international aid organizations, community development programs, formation of advocacy group, civil rights movements, 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 growth in the forecast period can be attributed to enhanced communication strategies, diversification of funding sources, environmental sustainability focus, addressing demographic changes, innovative volunteer engagement. Major trends in the forecast period include digital transformation, diversity, equity, and inclusion (dei) initiatives, community-centric solutions, advocacy for social justice, volunteer mobilization.

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Key Market Players:
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

Market Drivers:
Increasing donations from corporates are driving the civic and social organizations' market. Sponsorships from corporates are great sources of funding for these organizations to promote and fulfill the needs of society. These donations include philanthropic, event sponsorship, cause marketing, pro bono, matching gifts, paid release, in-kind gifts, and check-out campaigns. For instance, in April 2021, The Ithaca, a New York-based online fundraising tool for nonprofits assisted over 40,000 organizations in raising over $2 billion. During civic Giving Days in August 2020, it facilitated a record-breaking $124 million in donations. Moreover, in June 2020, BMO Financial Groups, a financial service provider, announced plans to donate $1 million to several organizations in North America that provide support to social and racial justice, and inclusion. The increase in donations from corporates is positively impacting the growth of the civic and social organizations market.

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The civic and social organizations market covered in this report is segmented -
1) By Products and Services: Membership Services, Prepared Meals And Beverages, Gaming Services, Rental Of Nonresidential Space, Private Gifts, Grants And Donations, Government Grants And Support, Other Products and Services
2) By Type: Academia, Activist Groups, Charities, Clubs, Community Foundations, Community Organizations, Consumer Organizations, Cooperatives, Other Types
3) By Mode of Donation: Online, Offline
4) By Organisation Location: Domestic, International

The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?

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