Overview

Looking sharp: Operators will increase their social media presence to attract new members

IBISWorld’s Professional Organizations Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

REPORT SNAPSHOT

Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Revenue
$21bn
Annual Growth
11-16
2.2%
Annual Growth
16-21
Profit
Employment
87,366
Business
6,949

Industry Threats & Opportunities

  • This industry has benefited from growing employment, which increases the potential pool of members
  • Many operators have raised membership dues at faster rates than membership volumes
  • Professional organizations will hire more workers to improve their outreach efforts

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    Industry Analysis & Industry Trends

    Over the past five years, this Professional Organizations industry has benefited from growing 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. In the coming years, declining unemployment and rising disposable income and corporate profit will increase the amount of potential members...

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    Industry Report - Starting a New Business Chapter

    The Professional Organization industry exhibits a low level of barriers to entry. Most of the professional organizations are incorporated and subject to statues that govern non-profit corporations. Although there are some statewide regulations that apply to some associations, there are relatively few regulations that govern professional organizations. Most organizations also benefit from tax-free status, since they are not-for-profit organizations.

    There are relatively few capital requirements for forming an association. The most basic organization is still able to access community resources (or a member's home) to hold meetings; as such, capital costs are often limited to computer and other equipment to produce newsletters and keep detailed membership and financial details. The..

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    Additional Insights for the Professional Organizations Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Professional Organizations Industry are

  • Access to volunteer labor
  • Having a good reputation
  • Ability to attract new members
  • IBISWorld analysts also discuss how external factors such as Number of employees and Per capita disposable income in the Professional Organizations industry impact industry performance..

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    Look under the hood?

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    Industry Products

    What is the Professional Organizations Industry?

    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.

    Industry Products
    Membership services
    Testing and training services
    Organizing seminars, conferences and other events
    Contributions
    Publishing services
    Industry Activities
    Promoting the professional interests of members and the profession as a whole
    Conducting research
    Developing statistics
    Sponsoring quality and certification standards
    Lobbying public officials
    Organizing seminars, conferences, trade shows and other events
    Publishing directories, periodicals and books
    Providing training, testing and examination services

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Number of employees
  • Per capita disposable income
  • Corporate profit
  • Domestic trips by US residents

  • Current Performance
  • Industry landscape
  • Challenges to growth
  • Chart: Revenue Growth

  • Industry Outlook
  • Changing conditions
  • Ongoing challenges
  • Table: Professional Organizations Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Professional Organizations Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Finance and Insurance
  • Professional, Scientific and Technical Services
  • Educational Services
  • Healthcare and Social Assistance

  • Key Selling Industries
  • Computer & Packaged Software Wholesaling
  • Copier & Office Equipment Wholesaling
  • Janitorial Services

  • Products & Services
  • Other
  • Membership services
  • Contributions
  • Organizing seminars, conferences and other events
  • Testing and training services
  • Publishing services
  • Chart: Professional Organizations Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Other
  • Healthcare
  • Professional services
  • Education
  • Research and engineering
  • Finance, accounting, banking and insurance
  • Chart: Major Market Segmentation for the Professional Organizations Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Professional Organizations

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Professional Organizations Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Professional Organizations Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Professional Organizations Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Per capita disposable income (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Member Acquisition
  • Process of gaining new members that acts as a performance metric for the professional organization.
  • Member Renewal
  • Process of retaining existing members that acts as a performance metric for the professional organization.
  • Professional Organizations
  • Associations that are primarily engaged in promoting the professional interest of their members and their profession as a whole.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Professional Organizations:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Professional Organizations market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Professional Organizations, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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