Community And Individual Services Market 2024-2033: Production Analysis, Growth Strategy, Industry Insights And Major Players

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Community And Individual Services Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $1885.89 billion In 2028 At A CAGR Of 5.9% :

The community and individual services market size has grown strongly in recent years. It will grow from $1415.44 billion in 2023 to $1501.73 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to increased aging population, strong economic growth in emerging markets, technology development and mobile apps and government funding for community care.

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..

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Community And Individual Services Market Major 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 Driver - 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.

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Prominent Trend - 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.

Community And Individual Services Market Players
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

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Largest And Fastest Growing Region In The Market
Western Europe was the largest region in the community and individual services market in 2023. Asia-Pacific was the second-largest region in the community and individual services market. The regions covered in the community and individual services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Community And Individual Services Market Report Structure
3. Community And Individual Services Market Trends And Strategies
4. Community And Individual Services Market - Macro Economic Scenario
5. Community And Individual Services Market Size And Growth
…..
27. Community And Individual Services Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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