The childcare management software market share is expected to grow at a CAGR of 7.65% between 2022 and 2027. The growing enrollments in preschools and playschools and the integration of marketing tools with payment features provides a promising ground for the childcare management software market.
Preschools and playschools serve as an entry path to formal schooling and provide enhanced early learning for small children. With an increasing enrollment of children in these kinds of childcare centers around the world, the demand for childcare management software will also increase phenomenally during the forecast period.
Technavio’s analysis on “Childcare Management Software Market by Deployment, Solution, and Geography - Forecast and Analysis 2023-2027” projects that the market share is expected to increase by USD 83.06 million at an accelerating CAGR during 2023-2027.
The childcare management software market is segmented by deployment (cloud-based and on-premise) and geography (North America, Europe, APAC, South America, and Middle East and Africa).
The cloud-based segment showed a gradual increase in the market share of USD 107.36 million in 2017 and continued to grow by 2021. The growth of this segment is primarily attributed to the increasing adoption of Childcare Management Software, which is driven by an increase in the global demand for the childcare management software industry.
Financial constraints in running childcare centers has become a major challenge to the adoption of childcare management software. Investing in software without profitability is challenging for smaller daycare owners. The childcare centers with lower occupancy and profit margins still prefer traditional childcare techniques and use legacy software to manage operations. Such factors may hamper the growth of the global childcare management software market during the forecast period.
The market structure is fragmented, and the vendors are implementing various strategies such as technological innovations to compete in the market.
Some of the major childcare management software market vendors are 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.
blossomeducational.com - The company offers childcare management software namely Blossom Nursery Management Software
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Precise market size estimation during the forecast period 2023-2027.
CAGR of the childcare management software market forecast during 2023-2027.
Market-level data on units, average selling prices, and values of the childcare management software market share.
Prediction of the upcoming trends, drivers, and factors that challenge the childcare management software market.
Childcare management software market growth across North America, Europe, APAC, South America, and Middle East and Africa.