Since the recession, the industry has benefited from growth employment, which increases the potential pool of members for a range of organizations, as well as disposable income and corporate profit levels, which raises the propensity of employees or employers on behalf of employees to pay membership dues for industry services. For these reasons, industry revenue is projected to grow over the past five years. Despite these upward trends, the industry has struggled with a number of challenges over the period. In response to these challenges, professional organizations will need to adapt to demographic and technology trends to achieve stronger growth over the next five years.
This industry includes organizations that are primarily engaged in promoting the professional interest of their members and their profession as a whole. These organizations conduct research, develop statistics and certification standards, lobby or publish materials for members.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.