Global Child and Youth Services Market Report 2022

Key players in the child and youth services market are Children Aid And Family Services, UNICEF (United Nations Children’s Fund), International Foster Care Organization, International Society For Prevention of Child Abuse And Neglect (ISPCAN ), CARE International, Stepstone Family & Youth Services. , North East Independent Living Services, Child Welfare League of America, United States Children’s Bureau, The European Child Safety Alliance and Voices of Youth.

New York, 08 Feb. 2022 (GLOBE NEWSWIRE) — Reportlinker.com Announces Publication of “Child And Youth Services Global Market Report 2022” – https://www.reportlinker.com/p06228493/?utm_source=GNW

The global child and youth services market is expected to grow from $128.58 billion in 2021 to $147.25 billion in 2022 at a compound annual growth rate (CAGR) of 14.5%. The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which had previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities that resulted in operational challenges. The market is expected to reach $242.76 billion in 2026 with a CAGR of 13.3%.

The child and youth services market includes revenue from child and youth services and related assets by entities (organizations, sole proprietorships and partnerships) that provide non-residential social assistance to children and young people. Only goods and services exchanged between entities or sold to final consumers are included.

The main types of services for children and young people are foster care and guardianship services, counseling and information services, social work services, recreational programs for children and young people , private and public adoption services, etc. Social assistance organizations offer a wide range of services, such as helping the homeless, counseling people in difficulty, training the unemployed or underemployed, and helping families obtain financial assistance.

Services are offered to various age groups, including infants, children, adolescents and youth. The different modes include online and offline.

The lack of employment and skills training in foster care is expected to hamper the growth of the child and youth services market. challenge for young people.

Although there are more than 34 million entry-level jobs nationwide in the United States, many youth in foster care are unprepared to be independent and lack the skills or the resources needed for the opportunities. Access to technology is crucial for a foster child to compete with their peers.

Youth in foster care do not receive the same resources and opportunities as their peers. For example, only 5% of young people in rural areas and 21% of young people in urban areas have access to a computer at home.

Consequently, the lack of job opportunities and vocational training in foster homes and some communities negatively impacts the market for child and youth services.

Predictive analytics is a technique increasingly used by communities for the well-being of children and young people. Predictive analytics in the context of child welfare generally focuses on levels of risk for maltreatment.

The approach works by quantifying risk and can be used to target the services that are given to children, families and communities that are most likely to have benefits. For example, the Illinois Department of Child and Family Services used a predictive analytics model to understand children who were at risk of being placed in congregate care facilities.

The predictive analysis identified a set of predictors, including children’s behavioral and emotional problems. This helped the department to design and implement a therapeutic foster care intervention that could be an alternative to collective placement.

The benefits of community programs for children and youth have contributed to the growth of the child and youth services market. According to youth.gov, young people surrounded by a variety of opportunities engage in less risky behaviors as adults. A study was conducted that found that during the first five years that youth participated in the 4-H Youth Development Program, they showed a lower risk of having social and personal behavior problems and four times more likely to contribute to communities and twice as likely to be civically active. These factors are expected to have a positive impact on the growth of the child and youth services market.

In April 2021, Clifford Beers, a US-based children’s mental health outpatient clinic, acquired Farnam House for an undisclosed amount. Clifford Beers acquired Farnam House with the aim of filling current programming and connecting local teens to additional services.

Farnam House is a community center that provides educational and recreational opportunities for local youth.

Regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Countries covered in the Child and Youth Services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia , South Korea, the United Kingdom and the United States.
Read the full report: https://www.reportlinker.com/p06228493/?utm_source=GNW

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