The Political Organizations Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Political Organizations Global Market Report 2024, The political organizations market size has grown steadily in recent years. It will grow from $4.3 billion in 2023 to $4.41 billion in 2024 at a compound annual growth rate (CAGR) of 2.6%. The growth in the historic period can be attributed to growth in political stability and instability, legislation and regulatory environment, public opinion and perception, economic trends and policies, global geopolitical events.
The political organizations market size is expected to see steady growth in the next few years. It will grow to $4.9 billion in 2028 at a compound annual growth rate (CAGR) of 2.7%. The growth in the forecast period can be attributed to anticipated regulatory changes, future public opinion trends, economic projections, global geopolitical developments, emerging social movements. Major trends in the forecast period include transparency initiatives, voter engagement platforms, diverse candidate representation, crisis communication planning, mobile campaigning.
The initiatives taken by political organizations to improve the support from businesses in the region drive the market. For instance, the Bhartiya Janata Party government in India has promoted reforms that may boost the economy by helping small and medium enterprises to expand their businesses. It launched the Make in India initiative to bring in businesses into the country to boost economic activity and create jobs. These initiatives will help businesses to expand their revenue streams and in turn, encourage businesses to support political organizations by funding them.
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The political organizations market covered in this report is segmented –
1) By Organization: National, Regional
2) By Scope and Services: Campaign Organizations, Constituency Associations, Local Political Organization, Political Action Committees (PACs), Political Campaign organizations, Political Organizations And Clubs, Political Parties, Riding Association
3) By Mode of donation: Online, Offline
4) By Organization Location: Domestic, International
Major companies operating in the political organizations market are innovating new technologies such as Globalpolicy.ai to increase their profitability in the market. Globalpolicy.ai is a portal that provides information to the general public and policymakers about projects created by various organizations that work towards the same objective of generating impact via intergovernmental collaboration on artificial intelligence. For instance, in September 2021, The United Nations Educational, Scientific and Cultural Organization, a France-based specialized agency launched Globalpolicy.ai. The portal offers real-time news on artificial intelligence from political organizations and informs the public and policymakers about efforts created by various institutions that advance the shared objective of making an effect through intergovernmental collaboration on artificial intelligence.
The political organizations market report table of contents includes:
1. Executive Summary
2.Political Organizations Market Characteristics
3.Political Organizations Market Trends And Strategies
4. Political Organizations market analysis
5. Political Organizations Market Size And Growth
6.Political Organizations Segmentation
7.Political Organizations Regional And Country Analysis
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27.Political Organizations Competitive Landscape And Company Profiles
28.Political Organizations Key Mergers And Acquisitions
29.Political Organizations Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Democratic Party
- Republican Party
- Communist Party of China
- Bharatiya Janata Party
- Indian National Congress
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