Political Organizations, Unions And Associations Global Market Report 2024

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 observed during the historical period can be attributed to various factors, including political activity, changes in legislation and policies, the level of membership and donations, the influence of grassroots movements, and the dynamics within labor movements. These elements played a significant role in shaping the growth of political organizations, unions, and associations.

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 projected growth in the forecast period can be attributed to various factors, including the influence of election cycles, intensified advocacy and lobbying efforts, increased engagement through digital platforms, the significance of healthcare and public health issues, and the ongoing developments within labor rights and worker movements. Notable trends in the forecast period encompass the continued digital transformation of these organizations, a growing focus on civic engagement and activism, the rise of environmental advocacy, increased collaboration and coalition building, an emphasis on transparency and accountability, and the growing engagement of youth and students in these activities.

The increasing number of social media users is playing a pivotal role in driving the growth of the political organizations, unions, and associations market. Social media platforms offer a rapid and accessible means to gauge the reach and impact of political entities or unions based on their follower count across various platforms like Twitter, Facebook, and others. Many political organizations, unions, and associations, both large and small, are increasingly embracing social media to instantly inform their followers about current issues and news while also seeking input from their members. For example, in 2022, there were 4.55 billion active social media users globally, marking a substantial 9.9% increase from the previous year. Consequently, the expanding user base of social media is expected to be a driving force behind the growth of the political organizations, unions, and associations market.

The primary categories of political organizations, unions, and associations encompass civic and social organizations, business associations, professional organizations, labor unions, and similar labor organizations, as well as other political organizations, unions, and associations. The civic and social organizations industry comprises businesses primarily focused on advancing the civic, social, or other interests and goals of their members. Donations within these organizations can occur through various methods, including online and offline channels, and the organizations may have both domestic and international locations.

The political organizations, unions, and associations market research report is one of a series of new reports that provides political organizations, unions, and associations market statistics, including political organizations, unions, and associations industry global market size, regional shares, competitors with a political organizations, unions, and associations market share, detailed political organizations, unions and associations market segments, market trends and opportunities, and any further data you may need to thrive in the political organizations, unions, and associations industry. This political organization, unions, and associations market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The growing participation of women in politics is anticipated to propel the growth of the political organizations, unions, and associations market. This participation signifies the active engagement of women in various aspects of the political landscape, with the goal of influencing policy decisions, assuming public office, and contributing to the functioning of political institutions. Women's involvement within these political entities brings a multitude of advantages, including diverse perspectives, enhanced representation, bolstered credibility, and more effective decision-making. For instance, as of September 2023, according to the United Nations Entity for Gender Equality and the Empowerment of Women, women hold 36% of parliamentary seats in Latin America and the Caribbean, 32% in Europe and Northern America, 26% in Sub-Saharan Africa, 22% in Eastern and South-Eastern Asia, 20% in Oceania, 19% in Central and Southern Asia, and 18% in Northern Africa and Western Asia. Therefore, the increasing participation of women in politics serves as a driving factor for the political organizations, unions, and associations market.

The adoption of social media is rapidly increasing among political organizations, unions, and associations. Social media platforms provide an immediate metric of the influence and strength of these political entities based on their follower counts on platforms like Twitter, Facebook, and more. Various political organizations, unions, and associations, both large and small, are progressively embracing social media to instantly disseminate information to their followers regarding ongoing issues and news. Additionally, these platforms enable them to gather input from their members. Many individuals now rely on social media as a primary source for updates from political organizations, associations, and prominent figures.

Major companies operating within the political organizations, unions, and associations market are making significant investments in support of these entities. Corporate investments in political organizations can take various forms, including campaign contributions and donations to political action committees (PACs). Such contributions can yield a range of potential benefits for businesses. For instance, in January 2022, Larry Ellison, the founder of Oracle, a U.S.-based software company, made a substantial investment of $15 million in a super PAC backing South Carolina Republican Senator Tim Scott. This donation represented the largest political contribution Ellison had ever made to a federal campaign or committee at that time.

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).

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.

The countries covered in the political organizations, unions and associations market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa

The political organizations, unions and associations market consists of revenues earned by entities that promote a political platform or set of policies or the civic and social interests of their members. The political organizations, unions and associations market include establishments such as civic and social organizations, business associations, professional organizations, labor unions and similar labor organizations, political organizations, and other similar organizations. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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