Press release
Political Organizations, Unions And Associations Market 2024-2033: Trends, Analysis & Top Key Players Analysis
The political organizations, unions and associations market size has grown strongly in recent years. It will grow from $436.93 billion in 2023 to $462.58 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to political activity, legislation and policy changes, membership and donations, grassroots movements, labor movement.The political organizations, unions and associations market size is expected to see strong growth in the next few years. It will grow to $573.01 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to election cycles, advocacy and lobbying, digital engagement, healthcare and public health, labor rights and worker movements. Major trends in the forecast period include digital transformation, civic engagement and activism, environmental advocacy, collaboration and coalition building, transparency and accountability, youth and student engagement.
Market Overview -
Political organizations refer to a legally registered social organization formed by a group of people to seize political power through democratic elections at the national, regional, or local level. A union refers to an organization formed by workers in an industry to pursue policies and goals that benefit their betterment. The association refers to an organization formed by a group of people to pursue a particular goal or purpose, ranging from social to business.
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The Social Media Revolution A Catalyst For Political Organizations And Unions
The rise in number of social media users is contributing to the growth of the political organizations, unions and associations market. Social media offers an instant way to measure the strength and influence of a political unit or a union by the number of followers on various social media such as Twitter, Facebook, and other social media platforms. Several large and small political organizations, unions, and associations are increasingly adopting social media to instantly update their followers about issues and news and take input from members. For example, in 2022, there were 4.55 billion active social media users globally, a 9.9% increase over 2021. Therefore, increase in social media users is expected to drive the growth of the political organizations, unions and associations market.
Competitive Landscape -
Major companies operating in the political organizations, unions and associations market 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), National Association for the Advancement of Colored People (NAACP), National Rifle Association (NRA), National Right to Life Committee (NRLC), National Organization for Women (NOW), Sierra Club, American Association of Retired Persons (AARP), American Medical Association (AMA), American Bar Association (ABA), American Institute of Certified Public Accountants (AICPA), American Institute of Architects (AIA), American Society of Civil Engineers (ASCE), American Society of Mechanical Engineers (ASME), American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE), American Society of Interior Designers (ASID), American Society of Landscape Architects (ASLA), American Society of Safety Professionals (ASSP), American Veterinary Medical Association (AVMA), National Association of Home Builders (NAHB), National Restaurant Association (NRA), National Retail Federation (NRF), National Association of Realtors (NAR), National Association of Insurance Commissioners (NAIC), National Association of Manufacturers (NAM), National Association of Broadcasters (NAB), National Association of Convenience Stores (NACS).
Social Media's Rising Role In Political Organizations, Unions, And Associations
Social media is being increasingly adopted by political organizations, unions, and associations. Social media offers an instant way to measure the strength and influence of a political unit or a union by the number of followers on various social media such as Twitter, Facebook, etc. Several large and small political organizations, unions, and associations are increasingly adopting social media to instantly update their followers about issues and news and also take input from members. Several individuals are depending on social media for updates from political organizations, associations, and individuals.
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Key Segments -
The political organizations, unions and associations market 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
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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