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Social Services Global Market Briefing

  • February 2016
  • -
  • TBRC Business Research
  • -
  • 20 pages

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

The total value of the global social services market in 2014 was $5,670 billion. Related to a world population of more than 7 billion in 2014 this equates to about $810 per person globally. Given that World Domestic Product was approximately $78 trillion in 2014 , the market makes up about 7.3% of the global economy.

There is a shift in care away from the nuclear family to society at large, a shift from institutional care to community-based care, and a growing understanding of the importance of cultural competency in serving older immigrants. This will change services to be more segregated based on health problems, mental health conditions and end-of-life care and hence increase the reach of each service and the revenue they generate . During the last five years, social service providers adapted their services and rendered more “at-home” services. These allow elderly people to receive help without having to visit old age homes. This increased employment for services such as counseling, basic clinical consultations, day care and vocational rehabilitation for the elderly. This also helped the industry to attract more funds .

Table Of Contents

Social Services Global Market Briefing
Social Services Global Market Briefing 1
Social Services Market Characteristics 3
Social Services Market Size And Comparisons 2016 4
Social Services Market Historic Growth 5
Drivers of the Market 5
Restraints on the Market 6
Social Services Market Forecast 7
Drivers of the Market 7
Restraints on the Market 8
Social Services Market Segmentation 9
Social Services Market Geography Split 11
Social Services Market Competitors 12
Social Services Market Key Mergers And Acquisitions 15
Social Services Market Trends And Strategies 16
Appendix 18
Abbreviations 18
Currencies 18
Definitions 18
The Business Research Company 18


List Of Figures

Figure 1: Global Social Services Market, $ Billion, 2010 - 2014, Historic Market Size 5
Figure 2: Global Social Services Market, $ Billion, 2014 - 2018, Market Forecast 7
Figure 3: Global Social Services Market, % Shares, 2014(e), Split By Market Segments 10
Figure 4: Global Social Services Market, % Shares, 2014(e), Split By Market Segments 11
Figure 5: Global Social Services Market, % Shares, 2014(e), Split By Key Competitor 12



Companies Mentioned
United Nations Children's Fund (UNICEF), Harvard University, Gates Foundation, Apollo Education Group, MIT, American National Red Cross, Cambridge University, Save the Child

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