Market Overview:
A babysitter is a simple platform to monitor from Android devices, Baby Monitor detects when the baby makes a noise or cries. Alert is by regular call, text message, or Skype call. It offers auto-recovery from temporary problems. Companies verify potential babysitters through a customized, in-depth background screening performed by a licensed investigator. These platforms usually charge small fees to offer the best services to working parents or commercial places for babysitting services.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Babysits (Netherlands), Sitters (United Kingdom), Bambino (India), Sittercity (United States), Urbansitter (United States), Seeking Sitters (United States), Bubble (United States), Helpr (United States), Care (Switzerland) and Curated Care (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Players of Babysitters Platform Market Study:
Babysits (Netherlands), Sitters (United Kingdom), Bambino (India), Sittercity (United States), Urbansitter (United States), Seeking Sitters (United States), Bubble (United States), Helpr (United States), Care (Switzerland) and Curated Care (United States)
Babysitters Platform Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Household and Commercial |
Pricing | Monthly,Yearly |
Deployment | On-Premise,Cloud-Based |
Features | Job Posting,Applications,Talent Acquisition,Profile Management,Customer Relationship Management,Others |
Influencing Trend:
Integration of Babysitters Platform with Automated Responses or Activities with Help of Internet of Things
Market Growth Drivers:
Growing Demand for the Virtual Babysitting Solutions for Working Parents and Infant Safety and Rising Development of Technologies around Real-time Photos or Video Streaming
Challenges:
Chances of False Identity and Frauds through Personal Intentions
Restraints:
Lack of Inspection Committee and Rules and Regulations
Opportunities:
Increasing Technological Advancements in IT Sector and Increasing Penetration of Smart Devices like Cameras, Smartphones, and In-Built Sensors
Some of the other players that are also part of study are Swishboom (United States).
Latest Industry Highlights:
Due to the presence of numerous local businesses, the market is moderately fragmented. These market participants are pursuing methods like investments, collaborations, acquisitions, and mergers in an effort to increase their market share. Additionally, businesses are investing in the creation of more effective and advanced platforms. They are also concentrating on keeping their prices competitive
In 2020, Bright Horizons acquired Sittercity business, a leading online marketplace for families and caregivers. The acquisition enhances Bright Horizons’ current portfolio of family-focused solutions and extends our capabilities to serve families and clients with flexible care options, including babysitters and in-person or virtual tutors
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Babysitters Platform market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Babysitters Platform market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Babysitters Platform Provider, Software Developer, Research Institutes, End-User Industry and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.