Press release
Community And Individual Services Market Potential Analysis, Key Drivers, Emerging Growth, Trends And Forecast To 2033
Community And Individual Services Market
The community and individual services market size is expected to see strong growth in the next few years. It will grow to $1885.89 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to preferring community stay, rapid growth in the aging population, changes in lifestyles, increasing healthcare access and increasing household incomes. Major trends in the forecast period include adult day care going high-tech, data-driven approach to human services, online funding platforms to support social initiatives, autism care centers, telehealth to improve underserved community services, individualized service plans, adoption of electronic health records (ehr) and artificial intelligence (ai) in childcare management..
Market Overview -
Community service refers to voluntary work performed without pay to support and aid people in the community. Individual services such as counselling and advice, emergency assistance, medical care, and providing necessities or services to individuals are designed to minimize the effects of poverty, primarily for impoverished people.
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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 community and individual services market report are World Food Program, UNICEF, Sanctuary Housing, Food For Poor, Bill & Melinda Gates Foundation, W.K. Kellogg Foundation Trust, The Salvation Army International Trust, Seacor Holdings Inc, Right at Home Inc, BAYADA Home Health Care, Fine Line Media Private Limited, 10x Shooting Private Limited, 1health Integrated Services Private Limited, 21 V Sadi Entertainment Private Limited, Reliance Infrastructure Limited, Kamdhenu Engineering Industries Ltd, Yingtan Hejia Xiangyi Retirement Industry Development Co. Ltd., Shouyang County Xiyang Honglaonian Retirement Service Co. Ltd, Caritas, Diakonie, German Red Cross, Paritätische, GreatAupair, Careplus, AssiDom, CARP Omenia, ProMedicus Home Care Services, ABOS Care Elderly Home IASI SRL, I Care, Brookdale Senior Living Inc, Living Assistance Services, Senior Care Centers of America, Sunrise Senior Living, Home Bound Healthcare, AddusHomeCare, Pioneer Medical Services LLC, Manzil Health UAE, Greymate Care, Bluegate homecare, Interim HealthCare of Lubbock, AnsMed Home Care Limited, Phoenix Home Care Agency
Utilizing Data-Driven Approaches In Social Assistance
Community and individual services providers are increasingly using data-driven approaches 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 non-compliance while monitoring the target population. For instance, Hillside Family of Agencies, a human services provider for youth and families, is using predictive analytics to reduce the dropout rates among youth in high school. Good Samaritan Society, a non-profit provider of senior care and services, has partnered with IBM to use big data and analytics software for its clinical and operational data about the patients.
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Key Segments -
The community and individual services market covered in this report is segmented -
1) By Type: Community Food, Housing, and Relief Services, Individual And family Services
2) By Mode: Offline, Online
3) By Application: Food Stamp Program, Disaster Relief Services, Adoption Services, Self-Help
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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