Global Childcare Software Market – Industry Trends and Forecast to 2029

Childcare Software Market Analysis and Size

The global childcare software market is experiencing sturdy growth during the forecast period. The growing number of contractual alliance and daycare centers between corporates and vendors are due to the global increase in childcare software market. Integrating advanced technologies such as Industrial Internet of Things (IIoT), artificial intelligence and more, is gaining traction between different sectors. In the current market scenario, the emergence of artificial intelligence into the childcare system is anticipated to benefit both daycare centers and families.

Data Bridge Market Research analyses that the childcare software market was valued at USD 174.56 million in 2021 and is expected to reach the value of USD 324.78 million by 2029, at a CAGR of 8.07% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Childcare Software Market Scope and Segmentation

Market Definition

Childcare software is also called childcare management software. It is a tool that manages the daily processes of pre-schools or child care centers, corporations and homes to save time and make work and life easier. Childcare software mechanizes administrative tasks such as managing children’s health data, aiding user appointments, and scheduling classes. Childcare software can be either operated from mobile via local computers. This software is mostly used to rise staff efficiency by storing information concerning the child

Global Childcare Software Market

Drivers

• Increasing demand for childcare facilities

One of the major features driving the growth of the global childcare software market is the growing demand for childcare facilities to increase the existing procedure in schools, childcare centers and homes. Childcare software saves time of pre-schools and childcare centers by automating administrative tasks such as reporting, invoicing and admissions.

• Growing interconnection of childcare Software with social media tools

Many childcare software are interconnected with social media tools due to this childcare centers can easily connect with parents on social media by software. For instance, Procare is a popular childcare software that stores information about child and their family. Procare software also has several modules for data management, attendance tracking and accounting. Thus, the increasing interconnection of childcare Software with social media tools is expected to propel the market's growth rate.

Moreover, increasing integration of consumer relationship management tools, growing preferences towards optimisation of child care centre processes, rising number of working women population all over the globe are some of the major factors among other which will help in enhancing the growth of the childcare software market during the forecast period. 

Opportunities

• Increasing demand for enhanced security solutions

Enhanced security solutions are the requirement of the hour in the childcare industry. Due to this parents can cyber visit childcare classrooms through internet to monitor their children activities from a distance. For instance, an official individual must log in at a security checkpoint to enter the center and school leader software tracks each person who enters and leaves the center. This software also comprises a built-in messaging system to increase communication between parents and staff.   

Moreover, the increasing prevalence of software that will aid in analyzing behavior and monitoring record of children and centers will further increase several opportunities that will lead to the growth of the childcare software market during the forecast period.

Restraints

• High costs associated with managing web-based childcare software

Generally childcare software systems operate in both web-based and PC-based platforms. Additional costs associated with web-based childcare system is obstructing childcare software market growth. Web-based software are rental services that require extra charges to collect and examine information monthly. Furthermore, the users need to have a reliable and fast internet connectivity, which may not be realistic with users having budget constraints.

This childcare software market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the childcare software market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Childcare Software Market

Almost all global industries have been badly affected by COVID-19 pandemic. Moreover, the supply chain has been affected by restrictions on transportation globally, but this has generated the opportunities for the software business and benefited the expansion of the childcare software market. Following the outbreak of COVID-19 pandemic, public health recommendations were considered to aid stop the virus spread and its adverse effects on children's health and safety. Moreover, this pandemic can potentially have a 3 fold influence on the global economy, directly varying demand and supply.

Global Childcare Software Market Scope

The childcare software market is segmented on the basis of software, platform type and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Software

• Family and Child Data Management
• Time and Activity Management
• Nutrition Management
• Attendance Tracker
• Employee Data Management
• Payroll
• Accounting
• Others

Platform Type

• Cloud Based/Web-Based
• PC
• Mobile

 End User

• Parents
• Daycare Centers
• Play Schools

Childcare Software Market Regional Analysis/Insights

The childcare software market is analyzed and market size insights and trends are provided by country, software, platform type and end user as referenced above.

The countries covered in the childcare software market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the childcare software market owing to the increasing number of technological advancements and the increasing usage of smartphones for monitoring children in this region.

Asia-Pacific will continue to project the highest compound annual growth rate during the forecast period of 2022-2029 owing to increasing internet demand along with growing smartphone sales in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Childcare Software Market Share Analysis

The childcare software market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to childcare software market.

Some of the major players operating in the childcare software market are:

• AIS Software (U.S.)
• CHILDCARE (U.K.)
• Procare Software, LLC (U.S.)
• EZChildTrack (U.S.)
• HiMama (Canada)
• Jackrabbit Technologies (U.S.)
• Kindertales (U.S.)
• LifeCubby (U.S.)
• Smartcare (India)
• Sandbox Software Solutions (Canada)
• Iris Software, Inc. (U.S.)
• TimeSavr (U.S.)
• Tadpoles (U.S.)
• OnCare. (Germany)
• iCare Software (U.S.)
• EntLogics (India)
• Speicherhafen GmbH & Co. KG (Germany)
• Bloomz (U.S.)

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