Nonprofit Organizations Market size was valued at USD 289.25 Bn. in 2023 & the total revenue is expected to grow at a CAGR of 4.53% through 2024 to 2030, reaching nearly USD 394.42 Bn. by 2030.Nonprofit Organizations Market Overview:
Since 2015, the global market for Nonprofits Organizations has grown at a CAGR of 3.6 % to over USD 289.25 Billion in 2023. The market was dropped by -0.9 % in 2022, from $ 250.96 Billion in 2022. The reduction is mainly due to many countries' enacting lockdown & social distance norms, as well as a global economic slowdown caused by the COVID-19 outburst & the actions taken to combat it. After that, from 2021 to 2023, the market is expected to recover & increase at a CAGR of 5.3 %. The market is expected to reach $345.32 Billion by the end of 2029 at a CAGR of 4.53 %. Due to their unique conditions, nonprofit organizations often have a more tough time developing & implementing efficient marketing strategies. This, combined with an overabundance of social agencies, might make it tough to stand out and develop a successful strategy. Strong economic expansion in developing countries & an increase in customer disposable income drove growth during the historic period. Government limitations on some sorts of financing sources, as well as money misuse, had a negative impact on growth during the historic period. Increased corporate social responsibility, more environmentally friendly awareness, & increased internet usage will all contribute to future growth. Geopolitical tensions, tight regulations, & COVID-19 are all factors that could slow the growth of the Nonprofit Organizations Market in the future.To know about the Research Methodology :- Request Free Sample Report
Nonprofit Organizations Market Dynamics:
The market for nonprofit organizations will rise as corporate social responsibility improves. Corporate Social Responsibility is a concept in which businesses incorporate social & environmental issues into their operations & interactions with stakeholders. Companies are increasingly emphasizing corporate social responsibility as an important component of their overall strategy to promote social concerns. Furthermore, millennials like to associate with firms which support social concerns. Companies' CSR spending is growing as a result of this. For instance, as part of its 2025 responsibility targets, Sysco, an American multinational food products firm, will distribute 200 Mn meals & contribute $50 Mn to local communities. Growing CSR will positively impact the market for nonprofit organizations going forward. Some kind of funding sources are banned by the government: During the historic period, government restrictions on nonprofit organizations hampered the market's growth. During 2015-21, governments of some countries-imposed bans on charitable organizations and nonprofit organizations which worked against the government interests. For example, in the year 2015, the government of India canceled a license allowing Greenpeace’s Indian arm to receive overseas grants & donations. The Indian government declared that the license had been revoked as the nonprofit organization had harmed the nation's economic interests by fighting against mining & nuclear projects. During the historic time, government bans restricted the source of funds, limiting the market for nonprofit organizations & charity groups. Nonprofit Organizations Market Trends: Increasing mobile usage: Donors are increasingly using mobile technologies to donate to charities as it is convenient. Nonprofit organizations can use mobile technology to better communicate with their supporters & generate money more swiftly & conveniently. Donations via mobile applications are frequently encouraged by nonprofit organizations. For example, Micro-donation apps such as Instead & One Today, allow users to make daily donations of up to USD 1 to charity organizations of their choice. According to the MMR report study, internet donations accounted for 7.6 percent of total fundraising revenue in the year 2017, & 21 percent of these online gifts were made using a mobile device. Descriptive & Predictive Analytics: Predictive & descriptive analytics are increasingly used by nonprofit organizations to generate relevant data insights. These businesses use descriptive analytics to make simple reports or detect non-compliance after transactions have been completed. Predictive analytics can help organizations gain a better knowledge of the relative effectiveness of numerous programmes, allowing resources to be better targeted for better results. 2023 Nonprofit organizations: Main Facts & Figures: Worldwide, there are about ten million nonprofit organizations. In the U.S, there are over 1.3 Mn 501(c) organizations. Nonprofit organizations make about 5-10% of the United States economy & employ around 10% of the country's workforce. The nonprofit sector in the U.S employs about 11.9 Mn people, making it the country's 3rd largest employer after retail & manufacturing. Most nonprofit organizations do not rely solely on donations, contrary to popular opinion. Fees for programmes, commodities, & services account for 48% of revenue for public charities. The government contributes 33%. Charitable donations account for 13% of the total. Investments & other sources account for 6% of the total. Recommendations: To take advantage of the opportunities, the MMR report study suggests that non-profits organizations market companies to include mobile technologies for donations, spend in CRM software to track donations, focus on NGO-corporate companies, leverage predictive & descriptive analytics, create operations in emerging markets, organize events & campaigns, rise visibility through a high-performance website, increase adoption of the internet & social media & focus on partnership with corporates. The objective of the report is to present a comprehensive analysis of the Global Non-profit Organizations Market to the stakeholders in the industry. The past and current status of the industry with the forecasted Market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include Market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the Market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Market dynamics, structure by analyzing the Market segments and project the Global Nonprofit organizations Market size. Clear representation of competitive analysis of key players by Product, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Nonprofit organizations Market make the report investor’s guide.Nonprofit organizations Market Scope: Inquiry Before Buying
Nonprofit organizations Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 289.25 Bn. Forecast Period 2024 to 2030 CAGR: 4.53% Market Size in 2030: USD 394.42 Bn. Segments Covered: by Type Human Services Groups Education Organizations Health Care Organizations Environment and animals Religion related Others by Organization Large Enterprise Small & Medium Enterprise Nonprofit Organizations Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Nonprofit Organizations Market Key Players are:
1. Bill & Melinda Gates Foundation 2. Direct Relief 3. Médecins sans Frontières 4. AmeriCares 5. The American Red Cross 6. The Nature Conservancy 7. UNICEF USA 12. The Rotary Foundation 13. Feed the Children 14. Natural Resources Defense Council 11. Smile Foundation 12. Nanhi Kali 13. GiveIndia Foundation 14. Goonj 15. HelpAge India 16. Sightsavers 17. Child Rights and You (CRY) 112. Pratham Education Foundation 113. Sammaans Foundation 20. Care India 21. Amity Foundation.FAQ’S:
1) What is the Global Nonprofit organizations Market size in 2023? Answer: The Global Nonprofit organizations Market size was USD 289.25 Billion in 2023. 2) Which Type of segment is dominating the Global Nonprofit organizations Market? Answer: Health Care Organizations sector is the dominating segment in the market. 3) What are the key players in the Global Nonprofit organizations Market? Answer: Bill & Melinda Gates Foundation,Direct Relief, Médecins Sans Frontières, AmeriCares, The American Red Cross, The Nature Conservancy, UNICEF USA, The Rotary Foundation, Feed the Children, Natural Resources Defense Council, Smile Foundation, Nanhi Kali, GiveIndia Foundation, Goonj, HelpAge India, Sightsavers, Child Rights and You (CRY), Pratham Education Foundation, Sammaan Foundation, Care India, Amity Foundation. 4) Which factor acts as the driving factor for the growth of the Nonprofit organizations Market? Answer: The major factors for the growth of the Global Nonprofit organizations market includes Increasing Corporate Social Responsibility.
1. Global Nonprofit Organizations Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Nonprofit Organizations Market: Dynamics 2.1. Market Trends 2.1.1. Global 2.1.2. North America 2.1.3. Europe 2.1.4. Asia Pacific 2.1.5. Middle East and Africa 2.1.6. South America 2.2. Market Dynamics 2.2.1. North America 2.2.1.1. Drivers 2.2.1.2. Restraints 2.2.1.3. Opportunities 2.2.1.4. Challenges 2.2.2. Europe 2.2.2.1. Drivers 2.2.2.2. Restraints 2.2.2.3. Opportunities 2.2.2.4. Challenges 2.2.3. Asia Pacific 2.2.3.1. Drivers 2.2.3.2. Restraints 2.2.3.3. Opportunities 2.2.3.4. Challenges 2.2.4. Middle East and Africa 2.2.4.1. Drivers 2.2.4.2. Restraints 2.2.4.3. Opportunities 2.2.4.4. Challenges 2.2.5. South America 2.2.5.1. Drivers 2.2.5.2. Restraints 2.2.5.3. Opportunities 2.2.5.4. Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Value Chain – Analysis 2.6. Technological Roadmap 2.7. Regulatory Landscape by Region 2.7.1. Global 2.7.2. North America 2.7.3. Europe 2.7.4. Asia Pacific 2.7.5. Middle East and Africa 2.7.6. South America 2.12. Analysis of Government Schemes and Initiatives for Nonprofit Organizations Industry 2.13. Key Opinion Leader Analysis 2.14. The Global Pandemic Impact on Nonprofit Organizations Market 2.11. Nonprofit Organizations Price Trend Analysis (2021-22) 3. Nonprofit Organizations Market: Global Market Size and Forecast by Segmentation (by Value) (2023-2030) 3.1. Global Nonprofit Organizations Market Size and Forecast, by Type (2023-2030) 3.1.1. Human Services Groups 3.1.2. Education Organizations 3.1.3. Health Care Organizations 3.1.4. Environment and Animals 3.1.5. Religion-related 3.2. Global Nonprofit Organizations Market Size and Forecast, by Organization (2023-2030) 3.2.1. Large Enterprise 3.2.2. Small & Medium Enterprise 3.3. Global Nonprofit Organizations Market Size and Forecast, by Region (2023-2030) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Nonprofit Organisation Market Size and Forecast by Segmentation (by Value in USD) (2023-2030) 4.1. North America Nonprofit Organisation Market Size and Forecast, By Type (2023-2030) 4.1.1. Human Services Group 4.1.2. Education Organization 4.1.3. Health Care Organisation 4.1.4. Environment and Animals 4.1.5. Religion-related 4.2. North America Nonprofit Organisation Market Size and Forecast, By Organisation (2023-2030) 4.2.1. Large Enterprise 4.2.2. Small and Medium enterprise 4.3. North America Nonprofit Organisation Market Size and Forecast, by Country (2023-2030) 4.3.1. United States 4.3.1.1. United States Nonprofit Organisation Market Size and Forecast, By Type 4.3.1.2. United States Nonprofit Organisation Market Size and Forecast, By Organisation 4.3.2. Canada 4.3.3. Mexico 5. Europe Nonprofit Organisation Market Size and Forecast by Segmentation (by Value in USD) (2023-2030) 5.1. Europe Nonprofit Organisation Market Size and Forecast, By Type (2023-2030) 5.2. Europe Nonprofit Organisation Market Size and Forecast, By Organisation (2023-2030) 5.3. Europe Nonprofit Organisation Market Size and Forecast, by Country (2023-2030) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Nonprofit Organisation Market Size and Forecast, By Type (2023-2030) 5.3.1.2. United Kingdom Nonprofit Organisation Market Size and Forecast, By Organisation (2023-2030) 5.3.2. France 5.3.3. Germany 5.3.4. Italy 5.3.5. Spain 5.3.6. Sweden 5.3.7. Russia 5.3.8. Rest of Europe 6. Asia Pacific Nonprofit Organisation Market Size and Forecast by Segmentation (by Value in USD) (2023-2030) 6.1. Asia Pacific Nonprofit Organisation Market Size and Forecast, By Type (2023-2030) 6.2. Asia Pacific Nonprofit Organisation Market Size and Forecast, By Organisation (2023-2030) 6.3. Asia Pacific Nonprofit Organisation Market Size and Forecast, by Country (2023-2030) 6.3.1. China 6.3.1.1. China Nonprofit Organisation Market Size and Forecast, By Type (2023-2030) 6.3.1.2. China Nonprofit Organisation Market Size and Forecast, By Organisation (2023-2030) 6.3.2. South Korea 6.3.3. Japan 6.3.4. India 6.3.5. Australia 6.3.6. Indonesia 6.3.9. Philippines 6.3.8. Malaysia 6.3.9. Vietnam 6.3.10. Thailand 6.3.11. Rest of Asia Pacific 7. Middle East and Africa Nonprofit Organisation Market Size and Forecast by Segmentation (by Value in USD) (2023-2030) 7.1. Middle East and Africa Nonprofit Organisation Market Size and Forecast, By Type (2023-2030) 7.2. Middle East and Africa Nonprofit Organisation Market Size and Forecast, By Organisation (2023-2030) 7.3. Middle East and Africa Nonprofit Organisation Market Size and Forecast, by Country (2023-2030) 7.3.1. South Africa 7.3.1.1. South Africa Nonprofit Organisation Market Size and Forecast, By Type (2023-2030) 7.3.1.2. South Africa Nonprofit Organisation Market Size and Forecast, By Organisation (2023-2030) 7.3.2. GCC 7.3.3. Egypt 7.3.4. Nigeria 7.3.5. Rest of ME&A 8. South America Nonprofit Organisation Market Size and Forecast by Segmentation (by Value in USD) (2023-2030) 8.1. South America Nonprofit Organisation Market Size and Forecast, By Type (2023-2030) 8.2. South America Nonprofit Organisation Market Size and Forecast, By Organisation (2023-2030) 8.3. South America Nonprofit Organisation Market Size and Forecast, by Country (2023-2030) 8.3.1. Brazil 8.3.1.1. Brazil Nonprofit Organisation Market Size and Forecast, By Type (2023-2030) 8.3.1.2. Brazil Nonprofit Organisation Market Size and Forecast, By Organisation (2023-2030) 8.3.2. Argentina 8.3.3. Peru 8.3.4. Colombia 8.3.5. Rest of South America 9. Nonprofit Organizations Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Product Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Manufacturing Locations 9.4. Leading Nonprofit Organizations Market Companies, by Market Capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and 10. Company Profile: Key Players 10.1. Bill & Melinda Gates Foundation 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Recent Developments 10.2. Direct Relief 10.3. Médecins sans Frontières 10.4. AmeriCares 10.5. The American Red Cross 10.6. The Nature Conservancy 10.7. UNICEF USA 10.8. The Rotary Foundation 10.9. Feed the Children 10.10. Natural Resources Defense Council 10.11. Smile Foundation 10.12. Nanhi Kali 10.13. GiveIndia Foundation 10.14. Goonj 10.15. HelpAge India 10.16. Sightsavers 10.17. Child Rights and You (CRY) 10.18. Pratham Education Foundation 10.19 Sammaan Foundation 10.20. Care India 10.21. Amity Foundation 11. Key Findings 12. Industry Recommendations 13. Nonprofit Organizations Market: Research Methodology