NGOs And Charitable Organizations Market Forecast And Growth
Added: (Mon Feb 11 2019)
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The Business Research Company’s NGOs and charitable’ organizations global market report, covers the year-on-year growth of the global NGOs and charitable organizations market historic and forecast growth. It also includes chapters on the NGOs and charitable organizations market trends, geographical analysis, and competitive landscape.
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The NGOs and charitable organizations market size is expected to reach a higher value by 2022, growing at a steady CAGR during the forecast period.
NGOs And Charitable Organizations Market Trends:
The NGO's and charitable organizations market consists of the revenues of entities (organizations, sole traders and partnerships) that are establishments known as 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
Crowdfunding is rapidly becoming one of the most popular modes for individuals and organizations to raise money for a cause, project, or event. It is a process of raising capital through a large number of independent investors primarily via crowdfunding platforms and social networking websites. Crowdfunding includes funds raised through donation websites, online charity auctions, and giving by text. According to Massolution crowdfunding report 2015, the global crowdfunding industry expanded by 167%, from $6.1 billion in 2013 to $16.2 billion in 2014 in terms of funds raised. The industry more than doubled in 2015, reaching $34.4 billion. Crowdrise, Razoo, Causevox and Fundly are some of the prominent crowdfunding organizations.
The global NGOs and charitable organizations market is primarily driven by the increase in crowd funding.
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The global NGOs and charitable organizations market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
With economic growth, the number of NGO's also flourished. The global NGOs and charitable organizations market is expected to increase in potential and scope. TBRC’s report also covers the NGOs and charitable organizations drivers and restraints in the market.
The global NGOs and charitable organizations market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the global NGOs and charitable organizations market report are Wikimedia, BRAC, Acumen Fund, Cure Violence, and Medecins Sans Frontiers.
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