The civic and social organizations market size is expected to grow from US$ 63.26 billion in 2023 to US$ 88.59 billion by 2031; it is anticipated to expand at a CAGR of 4.3% from 2023 to 2031. The promotion of civic and social interests and the rising importance of online donations are expected to boost the civic and social organizations market growth.
The civic and social organizations market is a diverse sector that encompasses various entities engaged in promoting the civic and social interests of their members. Various trends and strategies influence the civic and social organizations market. For example, the impact of the COVID-19 pandemic has been a significant factor, leading to changes in operations and the adoption of digital platforms for virtual engagement. Additionally, the market is witnessing the emergence of nonprofits, community development programs, and civil rights movements as key drivers of growth.
The scope of the Civic and Social Organizations Market report is primarily divided into five regions - North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is experiencing rapid growth and is anticipated to hold a significant civic and social organizations market share. The civic and social organizations market in North America encompasses a wide range of entities that aim to address social, cultural, and community needs. These organizations play a vital role in promoting civic engagement, social welfare, and community development.
The "Civic and Social Organizations Market Analysis" was carried out based on product and services, type, mode of donation, organization location, and geography. In terms of product and services, the market is segmented into membership services, prepared meals and beverages, gaming services, rental of nonresidential space, private gifts, grants and donations, government grants and support, and others. Based on type, the market is segmented into academia, activist groups, charities, clubs, community foundations, community organizations, consumer organizations, cooperatives, and others. Based on mode of donation, the market is bifurcated into online and offline. Based on organization location, the market is bifurcated into domestic and international. Based on geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
Companies adopt inorganic and organic strategies such as mergers and acquisitions in the market. The civic and social organizations market forecast is estimated based on various secondary and primary research findings, such as key company publications, association data, and databases. A few recent key market developments are listed below:
[Source: Ford Foundation, Company Website]
The market report on “Civic and Social Organizations Market Size and Forecast (2021–2031)”, provides a detailed analysis of the market covering below areas-
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 63.26 Billion |
| Market Size by 2031 | US$ 88.59 Billion |
| Global CAGR (2023 - 2031) | 4.3% |
| Historical Data | 2021-2023 |
| Forecast period | 2023-2031 |
| Segments Covered |
By Product and Services
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The market is expected to reach US$ 88.59 billion by 2031.
A positive impact on society is anticipated to play a significant role in the market in the coming years.
The market was estimated to be US$ 63.26 billion in 2023 and is expected to grow at a CAGR of 4.3% during the forecast period 2023 - 2031.
The key players holding majority shares in the market are the American Association of State Colleges and Universities; Andrew Goodman Foundation; Civic Nation; National Association of Government Communicators; and National Association of Social Workers.
Increasing demand for membership services and the rising importance of online donations are the major factors that propel the market.