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Social Services Global Market Briefing 2016

  • April 2016
  • 23 pages
  • TBRC Business Research
Report ID: 3783869

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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 2015 was $x billion. Related to a world population of x billion in 2015 this equates to about $x per person globally. Given that World Domestic Product was approximately $x trillion in 2015, the market makes up about x% of the global economy.
Services to the elderly and to people with permanent disabilities have undergone significant transformation during the last five years. Social organizations started to provide more at home services. This helped the elderly to stay at home rather than moving to residential care homes or old age centers.

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