Global NGOs And Charitable Organizations Market Trends And Strategies Of Major Players In The NGOs And Charitable Organizations Market 2021-2030
5 Mar, 2021
The NGOs and charitable organizations market consists of sales of NGO and charitable services by entities (organizations, sole traders and partnerships) that are involved in grantmaking foundations or charitable trusts and establishments primarily engaged in raising funds for a wide range of social welfare activities, such as health, educational, scientific, and cultural activities. The NGOs and charitable organizations market is segmented into trust and foundations; voluntary health organizations; human rights organizations; environment, conservation and wildlife organizations; and other NGOs And charitable organizations.
Global NGOs And Charitable Organizations Market Size And Drivers:
The global NGOs and charitable organizations market is expected to grow from $279.81 billion in 2020 to $285.5 billion in 2021 at a compound annual growth rate (CAGR) of 2%. The market is expected to reach $369.6 billion in 2025 at a CAGR of 7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.
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Trends In The Global NGOs And Charitable Organizations Market
NGOs and charitable organizations are increasingly investing in customer relationship management (CRM) software to track donations and manage donor contact information. CRM software offers multiple functionalities such as email, phone, activity tracking, customer communication and others in a single system without having to use multiple software tools. CRM software also provides efficient data management and secure storage of donor contact information using cloud and encryption technology.
Global NGOs And Charitable Organizations Market Segments:
The global NGOs and charitable organizations market is further segmented based on type, mode of donation, organization location and geography.
By Type:Trust And Foundations, Voluntary Health Organizations, Human Rights Organizations, Environment, Conservation And Wildlife Organizations, Other NGOs And Charitable Organizations
By Mode of Donation: Online, Offline
By Organization Location: Domestic, International
By Geography:The global NGOs and charitable organizations market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Asia Pacific is the largest region in the global NGOs and charitable organizations market, accounting for 38% of the total market.
Read More On The Report For The Global NGOs And Charitable Organizations Market At:https://www.thebusinessresearchcompany.com/report/NGOs-and-charitable-organizations-global-market-report
NGOs And Charitable Organizations Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides NGOs and charitable organizations market overviews, analyzes and forecasts market size and growth for the global NGOs and charitable organizations market, NGOs and charitable organizations market share, NGOs and charitable organizations market players, NGOs and charitable organizations market segments and geographies, NGOs and charitable organizations market’s leading competitors’ revenues, profiles and market shares. The NGOs and charitable organizations market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.