NEW YORK, Aug. 28, 2024 /PRNewswire/ -- Report with the AI
impact on market trends- The global childcare management software
market size is estimated to grow by USD 82
million from 2024-2028, according to Technavio. The
market is estimated to grow at a CAGR of almost 7.16% during the
forecast period. Growing enrollments in preschools and playschools
is driving market growth, with a trend towards integrated
marketing tools with payment features. However, financial
constraints for running childcare centers poses a challenge. Key
market players include Blossom Educational, Brightwheel, Cake Child
Care Ltd., CRM Web Solutions LLC, Eleyo, Enrollsy Inc.,
EZChildTrack, Hi Mama Inc., Jackrabbit Technologies Inc.,
Kangarootime, KidCheck Inc., Kindertales.com Inc., Kindyhub,
LifeCubby, MyXplor Pty Ltd., Orgamation Technologies Inc., Parent
ApS, Procare Software LLC, SofterWare Inc., and Vanco.
![Technavio has announced its latest market research report titled Global childcare management software market 2024-2028 Technavio has announced its latest market research report titled Global childcare management software market 2024-2028](https://mma.prnewswire.com/media/2491593/Technavio__Global_childcare_management_software_market.jpg)
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Childcare Management
Software Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
7.16%
|
Market growth
2024-2028
|
USD 82
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
6.7
|
Regional
analysis
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
Performing market
contribution
|
North America at
35%
|
Key
countries
|
US, Germany, China, UK,
and Canada
|
Key companies
profiled
|
Blossom Educational,
Brightwheel, Cake Child Care Ltd., CRM Web Solutions LLC, Eleyo,
Enrollsy Inc., EZChildTrack, Hi Mama Inc., Jackrabbit Technologies
Inc., Kangarootime, KidCheck Inc., Kindertales.com Inc., Kindyhub,
LifeCubby, MyXplor Pty Ltd., Orgamation Technologies Inc., Parent
ApS, Procare Software LLC, SofterWare Inc., and Vanco
|
Market Driver
Childcare management software is now equipped with features like
direct email, social media integration, chatbot, and file transfer
for effective communication with parents. These tools help
childcare centers to regularly update parents on social,
operational, extracurricular, and academic activities.
Additionally, referral programs and CRM tools, such as
ChildCareCRM, are integrated to attract new customers and manage
leads and marketing campaigns. These features are expected to boost
the growth of the global childcare management software market
during the forecast period.
The childcare management software market is thriving due to the
increasing number of working parents who require reliable solutions
for managing their childcare needs. This market caters to childcare
centers, daycare facilities, and preschools, offering various
features such as attendance tracking, childcare fee processes, and
program management. These IT systems use automation for
installation and are available as Software-as-a-Service, mobile
apps, and cloud-based solutions. Market research studies show a
quantitative estimation of over 10% CAGR for this market. Key
players include AIS Software, EZChildTrack, HiMama, Kindertales,
LifeCubby, Smartcare, TimeSavr, Tadpoles, OnCare, iCare Software,
EntLogics, Bloomz, Historic Years, and Quantitative Units. These
software solutions help childcare businesses meet compliance
requirements, offer parent engagement tools, and provide
preschool/pre-K programs and Head Start site support. Some advanced
solutions even incorporate Artificial Intelligence for enhanced
functionality. Pestle Analysis reveals that market elements like
demographic trends, government regulations, and technological
advancements significantly impact the industry.
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Market Challenges
- The childcare industry comprises an increasing number of
playschools, nurseries, and schools with daycare facilities.
However, smaller daycare owners face challenges in investing in
childcare management software due to low profitability. High
operational costs, including labor wages, rent, and facility
maintenance, necessitate high occupancy rates for profitability.
Urban areas typically have higher occupancy rates and,
consequently, higher profits for childcare facilities. In contrast,
rural and semi-urban areas have lower occupancy rates and profits.
Consequently, childcare centers with lower profits may hesitate to
spend on advanced software solutions. Instead, they prefer
traditional methods and legacy software for managing operations.
This trend may hinder the growth of the global childcare management
software market during the forecast period.
- The childcare management market caters to early childcare
centers, preschools, and child care businesses, facing various
challenges. Compliance requirements are a significant hurdle,
necessitating Software-as-a-Service (SaaS) solutions like AIS
Software, EZChildTrack, HiMama, Kindertales, LifeCubby, Smartcare,
TimeSavr, Tadpoles, OnCare, iCare Software, EntLogics, Bloomz,
Historic Years, and Quantitative Units. These IT systems help
manage admissions, attendance tracking, documentation, curriculum
planning, meal programs, correspondence with families, event
organization, and learning assessment. Moreover, parent engagement
is crucial, driving the adoption of mobile apps and cloud-based
solutions. AI-powered features, such as those offered by Procare
Software's Attendance Tracker and Accounting, and IoT integration,
are also gaining popularity. However, challenges persist in
ensuring data security and privacy, as well as the need for
continuous updates to keep up with evolving compliance
requirements.
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challenges - Request a sample report!
Segment Overview
This childcare management software market report extensively
covers market segmentation by
- Deployment
- 1.1 Cloud-based
- 1.2 On-premise
- Solution
- 2.1 Nutrition management
- 2.2 Family and child data management
- 2.3 Others
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Cloud-based- The childcare management software
market is growing steadily due to the increasing demand for
efficient and organized solutions for childcare providers. This
software helps manage daily operations, including attendance
tracking, meal planning, and parent communication. It also offers
features like billing and invoicing, reporting, and compliance with
regulations. By automating routine tasks, these tools save time and
reduce errors, allowing providers to focus on delivering
high-quality care to children.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2017-2021) -Download a Sample Report
Research Analysis
The Childcare Management Software market caters to the needs of
working parents and childcare centers, providing IT solutions to
streamline operations and ensure compliance with regulations. These
software systems utilize computers to manage attendance, meal
plans, invoicing, and other essential tasks. Artificial
intelligence is increasingly being integrated into these solutions
to enhance functionality and improve efficiency. A Pestle Analysis
of the market reveals trends such as increasing demand for
software-as-a-service, mobile apps, and cloud-based solutions.
Early childcare centers and preschools are major consumers of these
systems, as they help manage the complexities of running a child
care business. Parent engagement is a key focus area, with features
such as real-time updates and communication tools helping to build
stronger relationships between parents and caregivers. AIS
Software, EZChildTrack, HiMama, Kindertales, and other providers
offer comprehensive solutions to meet the diverse needs of the
industry. These systems help childcare centers automate processes,
reduce administrative burden, and improve overall quality of care.
Compliance requirements are met through features such as digital
record keeping and reporting tools.
Market Research Overview
The childcare management software market caters to the needs of
working parents and childcare centers, utilizing computers to
streamline operations. This market includes software for attendance
tracking, childcare fee processes, and program management. Parents
and children benefit from automation, making it easier to manage
daily operations. Market research studies use quantitative and
qualitative estimation to analyze market elements, including IT
systems, early childcare centers, preschools, and child care
businesses. Compliance requirements drive the adoption of
software-as-a-service, mobile apps, and cloud-based solutions.
Parent engagement is a key focus, with features like AI-powered
communication, curriculum planning, meal programs, and learning
assessment. Additionally, the market offers solutions for
preschool/pre-K programs, Head Start sites, camps, admissions,
documentation, event organization, and correspondence with
families. IoT integration and AI-powered features further enhance
the functionality of these systems.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Deployment
-
- Solution
-
- Nutrition Management
- Family And Child Data Management
- Others
- Geography
-
- North America
- Europe
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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