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Aug
12

Global NGOs And Charitable Organizations Market Report 2019

Business Wire posted an article that reads in part as follows:

“Global NGOs And Charitable Organizations Market Report 2019 provides the strategists, marketers and senior management with the critical information they need to assess the global NGOs and charitable organizations market.

Where is the largest and fastest growing market for the NGOs and charitable organizations? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The NGOs And Charitable Organizations market global report answers all these questions and many more.

The NGOs 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.

Asia Pacific was the largest region in the global NGOs and charitable organizations market, accounting for 44% of the market in 2018. North America was the second largest region accounting for 27% of the global NGOs and charitable organizations market. Africa was the smallest region in the global NGOs and charitable organizations market.

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.”

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