New York, January 4, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the release of the report “Global Human Rights Organizations Market Report 2020-30: The Growth and Change of COVID-19” – https: //www.reportlinker. com / p06001429 /? utm_source = GNW
The global market for human rights organizations is projected to decline from USD 16.01 billion in 2019 to USD 15.75 billion in 2020 with an average annual growth rate (CAGR) of -1.6%. The decline is mainly due to the COVID-19 outbreak, which has plunged the economy into recession and forced governments to reallocate grants to emergency funds, forcing organizations to consider layoffs or shut down completely. The market is then projected to recover, reaching $ 17.74 billion in 2023 with an annual growth rate of 4.03%.
The market for human rights organizations consists of revenue generated through human rights services by institutions that are committed to promoting human rights issues for a broad or specific constituency. Institutions in this industry deal with issues such as protecting and promoting broad constitutional rights and civil liberties for individuals and those suffering from neglect, abuse or exploitation, and promote the interests of certain groups such as children, women, seniors or people with disabilities . Enhance relationships between racial, ethnic and cultural groups and promote voter education and registration.
In September 2020, Alwaleed Philanthropy, a non-profit and philanthropic organization founded with the aim of fighting poverty and crossing international borders, joined the Saudi Human Rights Commission to create a memorandum on working together to improve the protection of women’s human rights and youth to sign people of Saudi Arabia. The Saudi Human Rights Commission is a Saudi government organization that works to protect and promote human rights in accordance with international standards.
The Human Rights Organizations market covered in this report is segmented into Non-Governmental Organizations based on the type of organization. intergovernmental organizations; Government organizations; international organizations and by application to all people; Children; Women; with special needs; LGBTQ; Other.
Increasing attacks against human rights defenders are likely to hamper the market for human rights organizations. Attacks on human rights organizations that strive to uphold human rights are increasing at an alarming rate. For example, the Business and Human Rights Resource Center detected around 572 business-related attacks in 2019, up from 492 in 2018. These attacks cause workers to feel fear and shyness for the protection of human rights and encourage the activities for the protection of human rights out what hinders the growth of the market.
Organizations and human rights defenders work to protect the digital human rights of individuals. According to the November 2019 U.S. Adult Survey by Pew Research, a majority of Americans believe their online and offline activities are tracked and monitored by businesses and the government. Data collection has become mainstream as it violates people’s privacy as everything is tracked over the internet. To protect the interests of people who use digital technology, human rights organizations are raising awareness and fighting for law enforcement.
The rise in hate crimes is expected to fuel the market for human rights organizations. Hate crime is a form of criminal violence against a person or property that is caused, in whole or in part, by an offender’s prejudice against race, religion, disability, sexual orientation, ethnicity, gender, or gender identity. According to the FBI’s 2019 annual report, physical attacks on individuals have increased, representing 61% of the 7,120 cases reported as hate crimes by law enforcement at the national level in the US. Government and non-governmental organizations want to curb the abuses that challenge people’s human rights, which further supports the growth of the market for human rights organizations.
Read the full report: https://www.reportlinker.com/p06001429/?utm_source=GNW
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