Global Community And Individual Services Market Outlook, Opportunities And Strategies
Learn about the global community and individual services market through The Business Research Company, which provides information on community and individual services market size, community and individual services market drivers and restraints, community and individual services market players, the COVID-19 impact on the community and individual services market, and more.
The global community and individual services market size is expected to grow from $1249.29 billion in 2021 to $1401.64 billion in 2022 at a compound annual growth rate (CAGR) of 12.2%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The community and individual services market is expected to reach $2137.46 billion in 2026 at a CAGR of 11.1%.
Training social service employees for autism child care counsellors, number of therapists and psychologists will increase and they are expected to serve more individuals and eventually generate more revenues.
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The community and individual services market consists of the revenues from community and individual services and related goods by entities (organizations, sole traders and partnerships) that provide non-residential social assistance to children and youth, elderly, persons with disabilities, and all other individuals and families or collect, prepare, and deliver food for the needy; provide short-term emergency shelter, temporary residential shelter, transitional housing, volunteer construction or repair of low-cost housing, and/or repair of homes for individuals or families in need; or provide food, shelter, clothing, medical relief, resettlement, and counselling to victims of domestic or international disasters or conflicts (e.g., wars).
Global Community And Individual Services Market Segments Include:
By Type: Community Food, Housing, and Relief Services, Individual and Family Services
By Mode: Online, Offline
By Application: Food Stamp Program, Disaster Relief Services, Adoption Services, Self-Help
Subsegments Covered: Community Food Services, Community Housing Services, Temporary Shelters, Other Community Housing Services, Emergency and Other Relief Services, Vocational Rehabilitation Services, Child and Youth Services, Services for the Elderly and Persons with Disabilities, Other Individual and Family Services
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe was the largest region in the community and individual services market in 2021.
Community and individual services providers are increasingly using data-driven approach such as big data and predictive analytics to gather insights related to social assistance services. Predictive analytics involves the use of data, statistical algorithms and machine learning techniques to identify the likelihood of future outcomes based on historical data. Big data analytics involves extracting hidden patterns and useful information from a large set of data. These techniques help in reporting, detecting, or correcting a non-compliance while monitoring target population.
TBRC’s community and individual services market report covers:
Major Market Players: World Food Programme, THE SALVATION ARMY INTERNATIONAL TRUST, Unicef, Sanctuary Housing, Food For Poor, W.K. Kellogg Foundation Trust, Seacor Holdings Inc, and Bill & Melinda Gates Foundation.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Community And Individual Services Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides community and individual services market overviews, analyzes and forecasts market size, share, community and individual services market players, community and individual services market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s community and individual services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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