Major companies in the political organizations, unions and associations market include Southern Baptist churches; Democratic Party; Republican Party; G8 Education and The Salvation Army. The global political organizations, unions and associations market is expected to grow from $331.
New York, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Political Organizations, Unions And Associations Global Market Report 2021: COVID 19 Impact and Recovery to 2030" - https://www.reportlinker.com/p06025309/?utm_source=GNW
57 billion in 2020 to $345.95 billion in 2021 at a compound annual growth rate (CAGR) of 4.3%. 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. The market is expected to reach $432.23 billion in 2025 at a CAGR of 6%.
The political organizations, unions and associations market consists of sales of political, union and association services by entities (organizations, sole traders and partnerships) that promote a political platform or set of policies or the civic and social interests of their members. They include civic and social organizations, business associations, professional organizations, labor unions and similar labor organizations, political organizations, and other similar organizations. These organizations may also operate social establishments such as bars and restaurants for their members. The political organizations, unions and associations market is segmented into civic and social organizations; business associations; professional organizations; labor unions and similar labor organizations; political organizations; and other political organizations, unions and associations.
North America was the largest region in the global political organizations, unions and associations market, accounting for 34% of the market in 2020. Asia Pacific was the second largest region accounting for 32% of the global political organizations, unions and associations market. Africa was the smallest region in the global political organizations, unions and associations market.
Social media is being increasingly adopted by political organizations, unions and associations. Social media offers an instant way to measure the strength and influence of a political unit or a union by the number of followers in various social media such as Twitter, Facebook etc. Several large and small political organizations, unions and associations are increasingly adopting social media to instantly update their followers about issues and news and also take inputs from members. Several individuals are depending on social media for updates from political organizations, associations and individuals.
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