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Top Market Shifts Transforming the Political Organizations, Unions And Associations Market Landscape: Key Insights
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Political Organizations, Unions And Associations Market Through 2025?
The market size of political organizations, unions, and associations has displayed robust growth in recent times. It's projected to increase from $422.39 billion in 2024 to $449.34 billion in 2025, witnessing a compound annual growth rate (CAGR) of 6.4%. Factors such as political activity, legislation and policy modifications, membership and donations, grassroots movements, and labor movement are responsible for the growth observed in the historic period.
What's the Projected Size of the Global Political Organizations, Unions And Associations Market by 2029?
Strong expansion is anticipated in the market size of political organizations, unions, and associations over the next few years, with projections indicating an increase to $561.04 billion by 2029. This growth, predicted to occur at a compound annual growth rate (CAGR) of 5.7%, is attributed to various factors such as election cycles, lobbying and advocacy initiatives, digital involvement, public health and healthcare, and labor rights along with worker movements. The forecast period is expected to be shaped by significant trends of digital transformation, civic participation and activism, environmental advocacy, the building of coalitions and collaborations, the demand for transparency and accountability, and the engagement of youth and students.
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Top Growth Drivers in the Political Organizations, Unions And Associations Industry: What's Accelerating the Market?
The political organizations, unions, and associations market is growing, partly due to the increase in social media users. It's through social media that these entities can quickly determine their influence and power based on their follower count on platforms such as Twitter and Facebook. Both small and large political organizations, unions, and associations are turning to social media for real-time engagement with their followers to discuss key issues and gather feedback. Evidence of this was seen in January 2024 when We Are Social Ltd, a media company in the UK, recorded a 1.5% increase in social media usage, a significant increase from 0.9% in January 2023. Therefore, the growing number of social media users is forecasted to continue fuelling the expansion of the political organizations, unions, and associations market.
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What Trends Will Shape the Political Organizations, Unions And Associations Market Through 2029 and Beyond?
Political structures, unions, and associations are progressively utilizing social media as a key instrument for gauging their power and reach. These entities assess their influence based on their follower count on different social media platforms such as Twitter and Facebook. A myriad of political bodies large and small, are turning to social media to perennially inform their followers about crucial matters and news, while also gleaning insights from their members. There is also a growing trend of individuals relying on social media for receiving updates directly from these political groups, associations and other individuals.
What Are the Main Segments in the Political Organizations, Unions And Associations Market?
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
Subsegments:
1) By Civic And Social Organizations: Charitable Organizations, Community Service Organizations, Religious Organizations
2) By Business Associations: Trade Associations, Industry-specific Business Groups, Chamber Of Commerce Organizations
3) By Professional Organizations: Healthcare Associations, Legal Associations, Educational And Academic Associations
4) By Labor Unions And Similar Labor Organizations: Trade Unions, Employee Associations, Collective Bargaining Organizations
5) By Political Organizations: Political Action Committees (PACs), Political Advocacy Groups, Political Campaigns
6) By Other Political Organizations: Non-governmental Organizations (NGOs) With Political Aims, Election Monitoring Bodies, Issue-based Political Groups
7) By Unions And Associations: Workers' Unions, Employer Associations, Professional Labor Organizations
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Which Top Companies are Driving Growth in the Political Organizations, Unions And Associations Market?
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).
Which Regions Will Dominate the Political Organizations, Unions And Associations Market Through 2029?
Asia-Pacific was the largest region in the political organizations, unions and associations market in 2023. North America was the second largest region in the political organizations, unions and associations market. The regions covered in the political organizations, unions and associations market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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