Childcare Management Software Market

 

ICT

The Childcare Management Software Market was estimated around USD 153 million in 2020 and is expected to grow at a CAGR of 7%, over the forecast period (2021-2028).

The factors driving growth of the Childcare Management Software Market includes rise in the number of enrolments in preschool and playschools, increase in the number of working woman population around the world, growing demand for efficient systems to manage the regular activities of children and improvements in the living standards. For instance, the number of students enrolled in public and private pre-primary education institutions across Europe and Central Asian region have increased from 21.95 million in 2007 to 25.44 million in 2014, which will accelerate the market growth in the approaching years. Moreover, childcare management software helps in managing internal operations of childcare centres, enhances parent engagement, and provides ageing and billing related reports, are some of the features pushing the Childcare Management Software Market size. In addition, the increasing investments by major companies on research and development, strategic mergers, and collaborations between enterprises, rise in the launch of innovative products and growing disposable incomes, are further contributing towards the market growth.   

However, growth of the Childcare Management Software Market is hindered due to problems related to internet connectivity in remote areas.

The prominent players operating in the Childcare Management Software Market are TimeSavr, Kinderpass, SofterWare Inc., Bloomz, Eleyo, Himama, Tadpoles LLC, Iclasspro, Inc, KidCheck, and Kindyhub, among others.

Based on Solutions, the accounting segment is predicted to grow at a significant CAGR during the forecast period

Increasing demand for billing software by childcare centres, and day-care providers, is pushing segment’s growth.

Based on Deployment, the Cloud segment is projected to grow at a robust CAGR over the forecast period

Cloud-based childcare software does not require hardware for running applications and minimizes operational costs, are propelling growth of the segment.

Based on Region, the North American region is expected to grow at a spectacular CAGR during the forecast period

As per the Childcare Management Software Market Report, presence of major players such as Childcare Sage, and EZChildTrack, surge in the working woman population across United States and high per capita incomes, are some of the important factors augmenting the market growth in North America.

 

Key Developments

  • In Dec 2021, Bloomz upgraded its app and added features to support effective communication between school districts, schools, and families.
  • In Dec 2021, Eleyo introduce new interactive dashboard for the Child Care Attendance App. This will include updated dashboard graphs with real time updates.

 

Market Segmentation

Segmentation by Solutions

  • Accounting
  • Time & Activity Management
  • Nutrition Management
  • Attendance Tracker
  • Family & Child Data Management
  • Others

Segmentation by Deployment

  • Cloud
  • On-Premises

Segmentation by Region

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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