Social services are voluntary benefits and facilities relating to education, food supplies, education, 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 top five companies covered are Bill & Melinda Gates Foundation, World Food Programme, Unicef, University of California System and The Salvation Army. Bill & Melinda Gates Foundation was the largest company in the social services market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Social Services Global Market Size
The global social services market was valued at around $3.2 trillion in 2017. Asia Pacific was the largest region in the social services market in 2017, accounting for around 43% market share. China was the largest country in the market in 2017, accounting for around 21% market share.
Social Services Global Market Trend
Child day care centers are leveraging technologies to allow parents stay connected with their children when they are away for work. 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 activities at the care center by accessing videos and pictures.
Social Services Global Market Segmentation
Social services market is segmented into Educational Services and Social Assistance.
Education Services segment includes organizations and establishments providing training and instructions in a wide variety of subjects. The instruction and training is typically provided in schools, colleges, universities, and training centers.
Social Assistance segment includes establishments that provide a wide range of social assistance services to their clients. It includes child day care services, community food housing and relief services, and individual and family services.
