Wednesday, May 19, 2021

2021 Impact Of Covid-19 On The NGOs And Charitable Organizations Market Growth And Trends

 The NGOs And Charitable Organizations Global Market Report 2020-30 by The Business Research Company describes and explains the global NGOs and charitable organizations market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

The NGOs And Charitable Organizations Global Market Opportunities And Strategies Report covers NGOs and charitable organizations market drivers, NGOs and charitable organizations market trends, NGOs and charitable organizations market segments, NGOs and charitable organizations market growth rate, NGOs and charitable organizations market major players, and NGOs and charitable organizations market size.

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The NGOs and charitable organizations market report focuses particularly on identifying the trends, opportunities, and strategies that can lead to success. O&S reports are available off the shelf and can be delivered to clients on the day of purchase.

NGOs And Charitable Organizations Global Market Opportunities And Strategies Report is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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Trends in the market include:

Mobile Technology For Donations-

Mobile technology is increasingly being used to donate to charities as it offers convenience to donors. Mobile technology enables civic services establishments such as charitable organizations to better connect with their supporters, and raise money quickly and conveniently. Charitable organizations often encourage their supporters to make donations using mobile applications. For instance, micro-donation apps such as Instead and One Today allow users to contribute small donation amounts up to $1 per day to charitable organizations of their choice. According to the Charitable Giving report by the Blackbaud Institute for Philanthropic Impact, online donations accounted for 7.6% of total fundraising revenue in 2017 and 21% of these online donations were made from a mobile device.

Predictive And Descriptive Analytics-

NGOs and charitable organizations are increasingly using predictive and descriptive analytics to generate actionable data insights. These organizations are using descriptive analytics for simple reporting or to detect non-compliance after transactions are completed. Predictive analytics can increase understanding of the relative effectiveness of different programs so that resources can be smartly targeted for better results.  For instance, Operation Red Alert, an Indian NGO that works to stop human trafficking, partnered with Quantium, an Australian analytics firm, to gain insights into human trafficking.

The market is segmented:

By Type –

  1. Trust And Foundations
  2. Voluntary Health Organizations
  3. Human Rights Organizations
  4. Environment, Conservation And Wildlife Organizations
  5. Others – NGOs And Charitable Organizations

By Mode Of Donation –

  1. Online
  2. Offline

By Organization Location –

  1.   Domestic
  2. International

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