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Social Services Global Market Overview, Driving Factors, Future Trends, Key Players and Growth Opportunities And Forecast By 2033 | Easterseals Arc, Naborforce Inc., Easterseals Oregon, Sanctuary Housing, CARE International

Social Services Global Market

Social Services Global Market

The social services market size has grown strongly in recent years. It will grow from $5164.52 billion in 2023 to $5542.2 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to demographic changes, government policies, public awareness, nonprofit sector growth, crisis response.

The social services market size is expected to see strong growth in the next few years. It will grow to $7301.1 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to mental health awareness, community engagement, diversity, equity, and inclusion (dei) initiatives, government funding shifts, integrated service models. Major trends in the forecast period include technology integration, digital transformation for outreach, data-driven decision-making, cross-sector collaboration, trauma-informed care.

Market Overview -
Social services refer to services that provide benefits and facilities relating to food supplies, education, health care, disaster relief activities and housing services and are offered by private or government establishments to improve the living conditions and social well-being of under privileged children, disabled, elderly and the poor in a community.

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Addressing Autism Spectrum Disorder (ASD) Through Increased Research And Services
Autism Spectrum Disorder (ASD) is a complex developmental disability. Symptoms of this disorder typically appear during early childhood and affect a person's ability to communicate and interact with others. The Center for Disease Control and Prevention (CDC) reported that 1 in 59 children are diagnosed with an autism spectrum disorder (ASD) in the US. Studies show that early diagnosis and intervention lead to significantly improved outcomes. To address this, many autism research organizations are expected to invest more time and money in the betterment of this condition. Training social service employees for autism child care counselors, the number of therapists, and psychologists will increase and they are expected to serve more individuals and eventually generate more revenues.

Competitive Landscape -
Major companies operating in the social services market report are Lutheran Social Services of America, Catholic Charities USA, United Nations Children's Fund, Rehabilitation Services Administration (RSA), United Way Worldwide, American Red Cross, Médecins Sans Frontières, Bright Horizons Family Solutions, KinderCare Education, World Vision International, Goodstart Early Learning, Save the Children, Food For the Poor Inc., illuminate VR Services Ltd., The Salvation Army, Habitat for Humanity International, Easterseals Arc, Naborforce Inc., Vocational Rehabilitation and Employment (VR&E), Vocational Rehabilitation Association (VRA), RISE Inc., Vocational rehabilitation of the handicapped person, Georgia Vocational Rehabilitation Agency, New York State Education Department, Adult Career and Continuing Education Services, Easterseals Oregon, Sanctuary Housing, CARE International, Doctors Without Borders, Oxfam International, The Village Family Service Center

Technological Innovations In Child Daycare
Child daycare centres are leveraging technologies to facilitate parents to stay connected with their children. Many daycare centers are using apps to provide video streaming of classroom activities and send pictures of kids to parents. This technology enables parents to monitor their child at the care center by accessing videos and pictures of kids at child daycare centers. For instance, in Canada, Trust Child Care Centers partnered with Parent Care Network to provide video over the internet to parents to help them monitor child activities at the daycare center. Bloomz, Eleyo, OnCare, myKidzDay, and KidCheck are some of the companies providing child care software, applications, and technologies utilized by care service providers.

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Key Segments -
The social services market covered in this report is segmented -
1) By Type: Educational Services, Social Assistance
2) By Type of Operator: Public Operator, Private Operator
3) By Mode: Online, Offline

Subsegments Covered: Other Educational Services, Colleges, Universities, And Professional Schools, Elementary And Secondary Schools, Child Day Care Services, Community And Individual Services

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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