The Business Research Company Global NGO and Charities Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026
LONDON, GREATER LONDON, United Kingdom, Feb. 2, 2022 /EINPresswire.com/ — NGOs and charities are increasingly investing in customer relationship management (CRM) software to track donations and manage contact details donors. The NGO and charity market trends include CRM software that offers multiple functionalities such as email, phone, activity tracking, client communication and others in a single system without having to use multiple software tools. The CRM software also provides efficient data management and secure storage of donor contact information using cloud and encryption technology. According to the Global NGO Technology Report, 45% of NGOs surveyed use CRM software to track donations and manage donor communications. For example, the Bill & Melinda Gates Foundation, a charitable foundation, uses SpringCM for document management and Salesforce for customer relationship management.
Asia-Pacific was the largest region in the global NGO and charity market in 2021. North America was the second largest region in the NGO and charity market. Regions covered in the NGO and Charities market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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The size of the global NGO and charity market is expected to grow from $267.54 billion in 2021 to $291.03 billion in 2022 at a compound annual growth rate (CAGR) of 8.8%. The growth of the market is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive lockdown measures involving social distancing, remote working and closure of business activities which resulted in operational challenges. The market share of NGOs and charities is expected to reach $390.63 billion in 2026 with a CAGR of 7.6%.
The major players covered in the global NGO and charity sector are UNICEF, Feeding America, American Red Cross, Open Society Foundations, William and Flora Hewlett Foundation, Wellcome Trust, Ford Foundation, World Wide Fund for Nature.
The TBRC Global NGO & Charitable Organizations Market report is segmented by Type into Trusts & Foundations, Voluntary Health Organizations, Human Rights Organizations, Environment, Conservation & wildlife, other NGOs and charities, by mode of donation online, offline, by location of the organization in national, international.
Global NGO and Charitable Organizations Market Report 2022 – By Type (Trusts and Foundations, Voluntary Health Organizations, Human Rights Organizations, Environmental, Conservation and Wildlife Organizations, Other NGOs and Charitable Organizations), By Donation Mode (Online, Offline), By Organization Location (Domestic, International) – Global Market Size, Trends & Forecasts 2022-2026 is part of a series of new reports from The Business Research Company which provides an overview of the NGO and Charity Organization market, forecast the NGO and Charity Organization market size and growth for overall market, NGO and Charity Organization market segments, geographies, NGO and Charities Market Trends, NGO and Charities Market Drivers, Constraints, Revenues, Profiles and Market Shares é of the main competitors.
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