Global Civic Services Market Is Forecast To Grow At A High CAGR To 2020

The Business Research Company’s Global Civic Services Market analysis covers the year-on-year growth of the global civic services market historic and forecast growth. It also includes chapters on the civic services market trends, geographical analysis, and competitive landscape.

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The global civic services market is forecast to grow at a CAGR of around 4.9 % to 2020.

Civic services Market Segmentation:

According to TBRC’s global civic services market research, the market is split by segments into NGOs and charitable organizations, political organizations, unions and associations, and religious organizations.

NGOs and charitable organizations was the largest segment in the civic services market accounting for more than half the market share. This can be attributed to the presence of a large number of civic services companies. This segment includes establishments involved in awarding grants from trust funds, or in soliciting contributions on behalf of others, to support a wide range of health, educational, scientific, and cultural and other social welfare activities.

Political organizations, unions and associations was the second largest segment in the civic services market accounting for around 25.5% of the market. This segment includes establishments involved in promoting a political platform or set of policies or the civic and social interests of their members.

Religious Organizations operate religious establishments, such as churches, religious temples, and monasteries, and/or administer an organized religion or promote religious activities

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Although religious organizations was the smaller segment, it is forecast to grow at a higher CAGR of 7.5%, than the NGOs and charitable organizations segment which is forecast to grow at around 5%. This growth was mainly due to increasing donations to religious organizations that perform charitable, developmental and relief-related activities worldwide.

The global civic services 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.

The global civic services 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 report are Southern Baptist churches, World Food Programme, UNICEF, The Salvation Army, and Feeding America.

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