NGOs And Charitable Organizations Market 2024 - By Size, Share, Growth And Global Forecast Report 2033
Overview and Scope An NGO refers to independent not-for-profit groups or organizations that serve to mainly aid the humanitarian causes of society at national and international levels independently of any government. A charitable organization refers to those establishments that are committed to the welfare of the general public through charity. Sizing and Forecast The ngos and charitable organizations market size has grown strongly in recent years. It will grow from $313.29 billion in 2023 to $331.66 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to strong emerging markets growth, rise in household disposable income, corporate-ngo partnerships and increase in public donations. The ngos and charitable organizations market size is expected to see strong growth in the next few years. It will grow to $411.19 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. ...