Political Organizations Global Market Report 2024

The political organizations market size has grown steadily in recent years. It will grow from $4.3 billion in 2023 to $4.41 billion in 2024 at a compound annual growth rate (CAGR) of 2.6%. The growth observed in the historical period can be linked to factors such as changes in political stability and instability, developments in legislation and regulatory environments, shifts in public opinion and perception, trends and policies in the economic landscape, and the impact of global geopolitical events.

The political organizations market size is expected to see steady growth in the next few years. It will grow to $4.9 billion in 2028 at a compound annual growth rate (CAGR) of 2.7%. The anticipated growth in the forecast period can be associated with factors such as expected regulatory changes, evolving trends in public opinion, projections in the economic landscape, developments in global geopolitics, and the emergence of social movements. Notable trends during the forecast period include initiatives focused on transparency, platforms for voter engagement, representation of diverse candidates, planning for crisis communication, and the utilization of mobile campaigning.

The market is driven by initiatives undertaken by political organizations to garner increased support from businesses in the region. For example, the government of the Bhartiya Janata Party in India has advocated reforms aimed at stimulating the economy and facilitating the expansion of small and medium enterprises. The introduction of initiatives such as Make in India, designed to attract businesses to the country, is anticipated to stimulate economic activity and job creation. Such endeavors not only facilitate business expansion and revenue growth but also encourage businesses to contribute financial support to political organizations.

Anticipated growth in the political organizations market is closely tied to increasing economic reforms. Economic reforms encompass a series of policy changes and measures implemented by governments to enhance the efficiency, performance, and competitiveness of their economies. Reforms that result in heightened business activity and economic growth create more opportunities for political organizations to secure funding. As an illustration, in September 2022, the Growth Plan, as outlined by the UK Government Digital Service, proposed supply-side reforms and tax reductions for firms and individuals, aiming for a 2.5% trend growth in GDP. Consequently, the rising wave of economic reforms propels the growth of the political organizations market.

Innovations in technology, such as the introduction of AI Governance Alliance, are being embraced by major companies in the political organizations market to bolster their market presence. AI governance involves the formulation of policies, guidelines, and frameworks to ensure the responsible and ethical deployment of artificial intelligence. For instance, in June 2023, the World Economic Forum launched the AI Governance Alliance, an initiative intended to provide recommendations for the ethical design, development, and utilization of AI systems. This alliance, comprising business executives, governing bodies, academic institutions, and civil and political society groups, aims to be open and inclusive with a primary focus on creating and implementing frameworks suitable for 21st-century technology.

Key players in the political organizations market are incorporating innovative technologies such as Globalpolicy.AI to enhance their profitability. Globalpolicy.AI functions as an information portal accessible to the general public and policymakers, offering insights into projects initiated by diverse organizations working towards a common goal of achieving impact through intergovernmental collaboration on artificial intelligence. An example of this is the launch of Globalpolicy.AI by The United Nations Educational, Scientific and Cultural Organization (UNESCO) in September 2021. The portal delivers real-time news on artificial intelligence from political organizations, keeping the public and policymakers informed about initiatives fostering intergovernmental collaboration in the AI domain.

In October 2022, the Hispanic Heritage Foundation (HHF), a non-profit organization based in the United States, joined forces with The International Business Machines Corporation (IBM). This partnership between HHF and IBM is geared towards addressing labor market demands and advocating for equitable access to educational and employment opportunities for Latinos. The collaboration reflects a broader initiative aimed at tackling workforce challenges and promoting equal educational and employment access - an agenda of paramount importance to the political organizations market. The International Business Machines Corporation, a prominent technology company based in the United States, is actively involved in this collaboration.


Major companies operating in the political organizations market report are Democratic Party, Republican Party, Communist Party of China, Bharatiya Janata Party, Indian National Congress, Justice and Development Party, Pakistan Tehreek-e-Insaf, United Socialist Party of Venezuela, Workers' Party of Korea, United Russia, National Front, Liberal Democratic Party, African National Congress, National Action Party, National League for Democracy, Canadian Liberal Party, Scottish National Party, Australian Labor Party, Sinn Féin, Kuomintang, All Progressives Congress, Social Democratic Party, Israeli Labor Party, Swedish Social Democratic Party, Democratic Alliance, People's Action Party, Bangladesh Awami League, Progressive Conservative Party, Brazilian Democratic Movement Party, Irish Republican Sinn Féin, Polish Law and Justice Party, Popular Party, New Democratic Party, Pirate Party International.

Asia-Pacific was the largest region in the political organizations market in 2023. North America was the second largest region in the global political organizations market share. The regions covered in the political organizations market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the political organizations market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Political organizations come in two main types national and regional. National political organizations involve individuals engaged in political activities at the national level to achieve specific political objectives. Donations to these organizations can be made through online or offline channels. The organizational locations may be domestic or international, categorized by scope and services into campaign organizations, constituency associations, local political organizations, political action committees (PACS), political campaign organizations, political organizations and clubs, political parties, and riding associations.

The political organizations market research report is one of a series of new reports that provides political organizations market statistics, including political organizations industry global market size, regional shares, competitors with a political organizations market share, detailed political organizations market segments, market trends and opportunities, and any further data you may need to thrive in the political organization’s industry. This political organization’s market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The political organizations market consists of revenues earned by entities that are engaged in promoting the interests of national, state, or local political parties or candidates. The political organizations market includes establishments such as campaign organizations, political, Political organizations or clubs, political action committees (PACs), political parties, and political campaign organizations. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.