Press release
Global Civic Services Market Projected to Grow at 5.2% CAGR, Reaching $1457.03 Billion by 2029
Civic Services
What Will the Civic Services Industry Market Size Be by 2025?
The sector of civic services has seen a substantial increase in its market size in the past few years. The market size is projected to escalate from $1129.72 billion in 2024 to $1188.35 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 5.2%. Causes for such growth in the formerly mentioned period include population growth, urban development, government initiatives, and infrastructure development.
What's the Long-Term Growth Forecast for the Civic Services Market Size Through 2029?
Over the coming years, the civic services market size is predicted to experience robust expansion. It's projected to reach $1457.03 billion by 2029, with a compound annual growth rate (CAGR) of 5.2%. Factors contributing to growth during the forecast timeframe include digital progression, the aging populace, sustainable and eco-friendly practices, innovations in healthcare, and advancements in education technology. Notable trends for the prediction period incorporate government digital transformation, adoption of green and sustainable practices, innovative developments in healthcare, education technology enhancements, and smart cities development.
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What Are the Key Growth Drivers Fueling the Civic Services Market Expansion?
The expansion of non-governmental organizations (NGOs) and charitable entities is projected to instigate the growth of the civic services market. These NGOs and charitable institutions, independent of government authority, function on a non-profit principle. The increase in the market of these organizations instigates a surge in donations, hence bolstering the civic services market. For instance, the estimated global donors to NGOs are set to rise to 2.5 billion by 2030, which is an increase from 1.4 billion in 2014. Additionally, it is anticipated that the worldwide NGOs and charitable organizations market will increase from $288.97 billion in 2022 to $369.21 billion in 2027. Consequently, the expansion of NGOs and charitable entities is projected to catalyze the growth of the civic services market.
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What Are the Key Trends Driving Civic Services Market Growth?
The primary players in the civic services market are concentrating their efforts on creating groundbreaking solutions like mobile apps for civic services. This strategic move aims to bolster citizen participation, simplify the process of obtaining government services, and boost the overall effectiveness of public service delivery. Civic service mobile apps serve as digital interfaces that promote interaction between the public and their local government or civic officials via their smartphones. As an example, the 'MCD 311' mobile app was unveiled by the Municipal Corporation of Delhi (MCD), a governing entity in India, in August 2023 to upgrade civic services and augment citizen engagement. Unveiled by the Lt Governor Anil Baijal on August 25, 2023, the app allows locals to quickly report a variety of municipal matters including illegal garbage dumping, potholes, and defective street lamps. The app offers a monitoring mechanism wherein multiple agencies can track the complaints to ensure they are addressed promptly, with a specific promise to resolve waste-related complaints within a 24-hour frame. This initiative is intended to nurture an environment of transparency and accountability in administration while giving citizens an active role in enhancing their city surroundings.
How Is the Civic Services Market Segmented?
The civic servicesmarket covered in this report is segmented -
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
Subsegments:
1) By Religious Organizations: Churches, Temples, Mosques, Synagogues, Other Religious Institutions
2) By NGOs And Charitable Organizations: Humanitarian NGOs, Environmental NGOs, Health-Focused NGOs, Educational NGOs, Other Charitable Organizations
3) By Political Organizations: Political Parties, Political Action Committees (PACs), Electoral Campaigns, Lobbying Groups, Other Political Organizations
4) By Unions And Associations: Labor Unions, Trade Unions, Professional Associations, Social Clubs, Other Unions And Associations
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Which Companies Are Leading the Charge in Civic Services Market Innovation?
Major companies operating in the civic services market include The Southern Baptist Convention, United Nations International Children's Emergency Fund, Feeding America, American Red Cross, Open Society Foundations, William and Flora Hewlett Foundation, Republican Party, Democratic Party, Wellcome Trust, Ford Foundation, Young Men's Christian Association, Boys & Girls Clubs of America, American Cancer Society, The Salvation Army, World Food Programme, Rotary International, Habitat for Humanity International, Goodwill Industries International, United Way Worldwide, The Nature Conservancy, The Humane Society of the United States, The Sierra Club Foundation, The Carter Center, The Pew Charitable Trusts, The Rockefeller Foundation, The MacArthur Foundation, The Carnegie Corporation of New York, The Kresge Foundation, The Andrew W. Mellon Foundation, The John D. and Catherine T. MacArthur Foundation.
Which Regions Are Leading the Global Civic Services Market in Revenue?
Asia-Pacific was the largest region in the civic services market in 2024. North America was the second-largest region in the global civic services market. The regions covered in the civic services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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