Childcare Management Software Market Scope
Many developing and under developing countries have taken the initiative to promote women engagement in the workforce appreciating family income. Shifting of women from unorganized to the organized sector is driving the market of childcare management software. Child care centers are investing in this market and the software helps to track the progress of the child without human interference. Childcare management software is also known as childcare administrative software is mostly used in childcare centers and preschools to record and track child and family information. The childcare management software enhances the efficiency and productivity of the staff working in childcare centers and helps them to cater the needs of a child in a better and more informed way. With the advancement of AI (Artificial Intelligence), this software can incorporate AI to enhance the effectiveness of the service provided.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Largest Market | North America |
Unit | Value (USD Million) |
Key Companies Profiled | Cirrus Group (United States ), Jackrabbit Tech (United States), Procare Software (United States), Smartcare (United States), SofterWare (United States), EZ Child Track (United States), Personalized software (United States), Childcare Sage (UK), Hi Mama (United States) and Icaresoftware (United States) |
CAGR | 7.4% |
The market is highly fragmented with niche players. The increasing number of childcare center software will enhance the competition among the market players. The players are also investing in the development of customized solutions. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Childcare Management Software market throughout the predicted period.
Cirrus Group (United States ), Jackrabbit Tech (United States), Procare Software (United States), Smartcare (United States), SofterWare (United States), EZ Child Track (United States), Personalized software (United States), Childcare Sage (UK), Hi Mama (United States) and Icaresoftware (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Kinder tales (United States) and Lifecubby (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Childcare Management Software market by Type , by Application (Nursery School, Family and Others) and Region with country level break-up. On the basis of Type, Cloud based are dominating the market in the year 2022 where as Mobile stood as second largest market share.
On the basis of geography, the market of Childcare Management 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). North America region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
October 2018, Kinderlime, the leading provider of Childcare Management Solutions, announced its new "IntelliData" technology that lets schools smartly manage themselves using AI and Machine Learning. This is the first ever use of AI in childcare management and furthers Kinderlime's mission to help childcare staff save time, cut out paperwork and connect with parents like never before.
November 2018, Fujitsu has commenced sales in Japan of industry's first AI-powered software product intended to help municipal employees perform child daycare-related tasks. Fujitsu developed a public solution with a child-rearing and daycare center AI admissions screening system that features "Fujitsu Human Centric AI Zinrai," the company's artificial intelligence technology. and The new product automatically matches thousands of children to daycare centers, in seconds, based on diverse applicant needs and detailed criteria determined by local governments.
Influencing Trend:
Increasing Corporate Support for an Employee with Child and Use of AI for Better Childcare Management
Market Growth Drivers:
Provision of Incentives to Parents from Governments for Childcare, The Need to Monitor the Daily Activities and Progress of a Child and Increasing Enrolment of Children in Preschool and Playschool
Challenges:
Increasing Data Security Concerns, Use of Open-Source Software as an Alternative to Commercial Software and Regulations Pertaining To Privacy Laws
Restraints:
Use Of AI For Better Child Healthcare May Affect the Market
Opportunities:
Increasing Use of Mobile Application Software for Monitoring Daily Activities of the Child and The Emergence of Childcare Video Streaming Helping Parents to View Their Childs Activity Anytime
Key Target Audience
Childcare Centers, Childcare Agencies & Service Providers, Government Organizations, IT Manufacturers and Others