The Political Organizations Global Market Report 2023 by The Business Research Company, provides political organizations market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Political Organizations Global Market Report 2023, the market size is expected to grow from$4.15 billion in 2022 to $4.27 billion in 2023 at a compound annual growth rate (CAGR) of 2.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global political organizations is expected to grow to $4.66 billion in 2027 at a CAGR of 2.2%.
The initiatives taken by political organizations to improve the support from businesses in the region drive the market.
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The political organizations market 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
Social media platforms are increasingly being used by political organizations for campaigning. The utilization of social media is viable in reaching out to young voters. There are various ways by which a political party can conduct social media campaigns such as engaging with the public through live video, asking questions on social media such as Twitter and Facebook, being active on social platforms by posting daily updates of their political work, and many more. For instance, in the ongoing US presidential election campaign, the two candidates are paying millions of dollars to Facebook and Google ads to increase their visibility in the perspective of the users to increase their chances of a win in the November 2020 elections.
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 – Macro Economic Scenario
5. Political Organizations Market Size And Growth
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26. Africa Political Organizations Market
27. Political Organizations Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Political Organizations Market
29. Political Organizations Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Democratic Party
- Republican Party
- Communist Party of China
- Bharatiya Janata Party
- Indian National Congress
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