What is Childcare Software Market Scope?
Child Care software manages the operations of daycare centers, preschool facilities, private schools, and child care centers. From learning and development updates to employee management, billing and invoicing, and child portfolios, the software manages all the operations. The software also provides numerous advantages such as parent engagement, time savings, and safety & security. Increasing demand for childcare facilities and a rise in the working women population are some of the key drivers propelling the growth of the market.
Influencing Trend:
High Demand Due To Advanced Features Such As Interconnection With Social Media Tools and Changes in Lifestyle As Well As Standard Of Living Especially Developing Economies
Market Growth Drivers:
Increasing Demand for Childcare Facilities Is Driving Growth of the Market and Rise in the Working Women Population
Challenges:
Childcare software can be complex and require some training for users to understand how to use it properly. If users don't understand how to use the software or don't see the value in it, they may be resistant to using it. This can make it difficult for providers to get the most out of the software and see its benefits
Restraints:
High costs associated with managing web-based childcare software
Opportunities:
Growing Demand for Enhanced Security Solutions
The Childcare Software market study is being classified by Type (Cloud-based and On-premises), by Application and major geographies with country level break-up.
ChildPlus Software ("ChildPlus"), the leading provider of Head Start management software, has been acquired by Procare Solutions, a world leader in child care management solutions. Procare's mission is to meet the complete management and parent communication needs of all child care businesses and organisations, including both private pay centres and federally funded Head Start agencies. The transformational acquisition of ChildPlus further broadens the scope of Procare's solutions and supports this goal. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Childcare Software market throughout the predicted period.
SofterWare Inc. (United States), Ladder Software (Canada), Procare Software (United States), Hi Mama Inc. (Canada), Jackrabbit Technologies Inc. (United States), Kindertales (United States), Childcare Sage (Australia), SmartCare (United States), Connect Software Solutions (United States), EntLogics (India) and Illumine Labs (India) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are iClassPro (United States), Storypark (New Zealand), Bloomz (United States) and Kindyhub (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Childcare Software market by Type, Application and Region.
On the basis of geography, the market of Childcare Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
On 7 Aug 2019, SmartcareOS, LLC announced its acquisition of Preschool2me to expand its technology offerings to the early education and child care market. The acquisition of Preschool2me by Smartcare creates a powerhouse of child care management software, providing a turnkey solution for every customer. The integrated software system will allow child care facilities to continue using Preschool2me with its outstanding parent engagement tools. It also gives a fresh opportunity to link with Smartcare for streamlined operations in a single, efficient, and powerful platform.
On 15 May 2019, Procare Software, a global leader in child care management solutions, announced it has signed a definitive agreement to acquire Kinderlime Inc. a leading online Software-as-a-Service (SaaS) provider of child care management solutions. Terms of the transaction were not disclosed. This strategic acquisition further expands the breadth of Procare's solutions for the child care industry. The addition of Kinderlime's scalable platform creates an unmatched offering of functionality and service to child focused businesses of all sizes.
Key Target Audience
Childcare Software Companies, Potential Investors, Regulatory & Government Bodies, Research & Consulting Firms, Downstream Vendors, End Users and Others
Childcare Software Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
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 |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Childcare Software Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Childcare Software industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.