New York, NY, Feb. 07, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Childcare Management Software Market – by Deployment (On-premise and Cloud-Based), by Solution(Family and Child Data Management, Time and Activity Management, Nutrition Management, Attendance Tracker, Employee Data Management, Payroll, Accounting, and Others), and by End-user(Parents, Daycare Centers, and Play Schools): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2026”. According to the report, global childcare management software market was valued at approximately USD 155 million in 2018 and is expected to generate revenue of around USD 286 million by the end of 2026, growing at a CAGR of around 8.8% between 2019 and 2026.
Childcare management software is also known as child care administrative software or daycare accounting software. This is a tool that helps in achieving the daily operations of a daycare center or preschool. The childcare management software is designed specifically for child care centers or other similar child-oriented facilities to manage children as well as employees throughout a day. Keeping a tab on the entire operations and knowing the loopholes help these centers from incurring any extra costs. The software is growing in popularity across the globe, owing to its numerous uses that support childcare professionals in different processes like reporting, billing and payments, and admissions and scheduling which further results in achieving of enhanced productivity and efficiency in organizational processes. Childcare management software provides a hassle-free solution to save costs and increase efficiency and is a major driver for the growth of the childcare management software market.
Browse through 73 Tables & 31 Figures spread over 110 Pages and in-depth TOC on “Global Childcare Management Software Market Size 2018: Industry Type, Share, Segments, Analysis and Forecast 2026”.
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A major factor that is going to positively leverage the growth of childcare management software market is the inflation in the working women population across the globe. The childcare centers take care of the children that are not only young but even the toddlers who need special attention. It is this childcare management software that helps not only the centers to keep a tab on the children and their overall activity but also gives parents the right to keep a check on their children. However, it is the security concerns involving usage of this software that may put at risk the user’s confidential information, thereby acting as a restraint for the childcare management software market growth.
By deployment segment, the childcare management software market is segmented into cloud-based and on-premises. It is the on-premises segment that held the largest market share. This can be due to the ease of usage along with getting the complete control of the software. It allows users to operate the software without taking any risk regarding the information getting hacked or shared at any platform. The cloud-based segment also has immense potential as deployment for the childcare management software. The cloud-based segment is anticipated to be one of the fastest growing segments and its growth can be attributed to the scalability and the initially low investment on the software.
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On the basis of end-user, the childcare management software market is divided into parents, daycare centers, and play schools. It is the daycare centers segment that held the largest market share globally in 2018. The ease of using the software to manage the daily operations together with monitoring children are some of the major factors that will boost the growth of the segment in the childcare management software market over the years ahead.
On the basis of region, North America is anticipated to contribute towards the largest global market share in terms of revenue. This growth is attributed to technological advancement in the region. It is the dependency and usage of mobiles or laptops that allow application of different software for monitoring children and these are some of the important factors which have boosted the growth of the childcare management software market in North America.
Browse the full “Childcare Management Software Market: by Deployment (On-premise and Cloud-Based), by Solution(Family and Child Data Management, Time and Activity Management, Nutrition Management, Attendance Tracker, Employee Data Management, Payroll, Accounting, and Others), and by End-user(Parents, Daycare Centers, and Play Schools): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2026” Report at https://www.zionmarketresearch.com/report/childcare-management-software-market
The Asia Pacific is expected to be another key region for the childcare management software market growth. It is the presence of countries such as China and India that have helped in the growth of the market in the Asia Pacific. It is the changing economic position of the women in these economies that is boosting the usage of this software in the childcare centers.
Europe has always been a key region when it comes to adopting new technologies. The concept of early childcare system is quite common here. Therefore, almost the whole population is involved in basic childcare activities and childcare centers. It is because of the advancement in technology and the involvement of the parents with the day to day activities of their children the childcare management software market in Europe is developing.
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Some of the major players present in the childcare management software market are AIS Software, Childcare Sage, CIRRUS GROUP, LLC, EZChildTrack, HiMama, Jackrabbit Technologies, Kangarootime, Kids Note, Inc., KidReports LLC, KINDERLIME, Kindertales, LifeCubby, Orgamation Technologies Inc., Personalized Software, Inc., Procare Software LLC, Sandbox Software, SmartCare, SofterWare Inc., TimeSavr, and UNIFA Corporation among others.
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This report segments the global Childcare Management Software market as follows:
Global Childcare Management Software Market: Deployment Segment Analysis
- On-premise
- Cloud-Based
Global Childcare Management Software Market: Solution Segment Analysis
- Family and Child Data Management
- Time and Activity Management
- Nutrition Management
- Attendance Tracker
- Employee Data Management
- Payroll
- Accounting
- Others
Global Childcare Management Software Market: End-user Segment Analysis
- Parents
- Daycare Centers
- Play Schools
Global Childcare Management Software Market: Regional Segment Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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