Technavio, a tech-focused market research firm, has published a new report on the global child care management software market, which is expected to grow at a CAGR of more than 10% during the forecast period 2017-2021.
Based on geographical segmentation, Technavio market researchers categorize the global child care management software market into the following key regions: the Americas, APAC, and EMEA.
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Child care management software market in the Americas: The availability of high-quality and affordable child care systems will boost the demand for child care management software in the Americas. These systems are designed to track children’s growth, development, and educational advance, which, in turn, creates a positive economic impact on families and communities. The US Bureau of Labor Statistics in 2015 surveyed and reported that the child care businesses would have the fastest growth through 2020 in the region.
According to Amrita Choudhury, a lead analyst at Technavio, specializing in research on enterprise application, “The rising adoption of cloud-based child care management software among small and medium-sized and large child care centers will fuel the growth in the American market. The vendors in the market are offering low cost, scalable, and flexible solutions that will help care centers provide the best learning and development experience to children.”
Child care management software market in EMEA: The government regulations to provide free primary education for all students in the European Union is boosting the demand for these software solutions across the region. The UK and Germany will contribute the highest revenues in the region during the forecast period. The child care centers in this region are upgrading to cloud-based child care management software from on-premises model to increase the efficiency and performance of the students in the EMEA market. The flexibility of use and ability to increase operational efficiency is encouraging small and medium-sized daycare centers to adopt mobile child care management software in the EMEA market.
Child care management software market in APAC: The establishment of several preschools and coaching centers for competitive exams in APAC is making it the fastest growing region in the market. India, China, and Australia are the leading countries and will contribute the highest revenues in the region during the forecast period. The increasing importance of high-quality education during the formative years of the children will encourage end-users to adopt advanced software solutions in the region. The implementation of innovative child care management software will help day care centers to manage data, workflow, and other administrative functions efficiently in the APAC market.
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The top vendors operating in the global child care management software market are:
- EZChildTrack
- Jackrabbit Technologies
- Personalized Software
- Procare Software
- SmartCare
- SofterWare
Other prominent vendors in the market include cakechildcare.com, Childcare Sage, Cirrus Group, Hi Mama, icaresoftware, Kinderlime, Kindertales, Ladder Software, LifeCubby, OnCare, and Tadpoles.
A more detailed analysis is available in the Technavio report titled, ‘Global Child Care Management Software Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Baby Warming Devices Market 2016-2020
- Global Private Tutoring Market 2016-2020
- Pre-School or Child Care Market in China 2016-2020
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