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Political Organizations & Unions Market 2033: Comprehensive Analysis & Forecast
Political Organizations, Unions And Associations Global Market Report 2024
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According to The Business Research Company's, 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.
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Market Drivers and Trends:
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.
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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Major Key Players of the Market:
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).
Political Organizations, Unions And Associations Market 2024 Key Insights:
• 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 Social Media Revolution A Catalyst For Political Organizations And Unions
• Social Media's Rising Role In Political Organizations, Unions, And Associations
• Asia-Pacific was the largest region in the political organizations, unions and associations market in 2023
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