North America Childcare Management Software Market to Grow at a CAGR of 7.0% to reach US$ 95.02 Million from 2020 to 2028
The North America childcare management software market is expected to grow from US$ 59.28 million in 2021 to US$ 95.02 million by 2028; it is estimated to register a CAGR of 7.0% from 2021 to 2028.
Working professionals commit most of their time to workspaces and are unable to concentrate on personal life. This has compelled them to opt for daycare centers for their children. Thus, a huge number of children are enrolled in daycare centers, thereby accelerating the need for an efficient system to manage the regular activities of kids. The childcare management software helps parents have access to information about their child’s attendance, meal, authorized pick-up, activities, and more. Moreover, the growing tendency of firms providing onsite or near-site daycare for their employees is driving the number of daycare centers in North America.The sudden outbreak of COVID-19 across North America, with the US being the worst-hit country, lead to a temporary closure of all education and daycare centers in the region, thereby leading to children being confined at their homes. This resulted in a severe decline in the demand for childcare management software from institutions such as preschools, before and aftercare centers, and daycares centers. Additionally, the high adoption of work from home culture due to the pandemic has compelled parents to self-monitor their child and their progress. This has further led to the decline in the adoption of childcare management solutions among parents, thereby negatively impacting the growth of the childcare management software market
North America Childcare Management Software Market Revenue and Forecast to 2028 (US$ Million)
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North America Childcare Management Software Market Segmentation
North America Childcare Management Software Market – By Deployment
- Cloud-Based
- On-Premise
North America Childcare Management Software Market – By Solution
- Family and Child Data Management
- Attendance Tracker
- Accounting
- Time and Activity Management
- Nutrition Management
- Others
North America Childcare Management Software Market – By Application
- Daycare
- Before and After Care
- Pre School
- Camps
- Others
North America Childcare Management Software – By Country
- US
- Canada
- Mexico
North America Childcare Management Software Market – Company Profiles
- Bloomz.
- Eleyo
- Hi Mama Inc.
- iClassPro, Inc.
- KidCheck, Inc.
- Kindyhub
- Kwiksol Corporation
- Tadpoles LLC
- Softerware Inc.
- 1CORE SOLUTION
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Deployment, Solution, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Childcare Management Software Market – By Deployment
1.3.2 North America Childcare Management Software Market – By Solution
1.3.3 North America Childcare Management Software Market – By Application
1.3.4 North America Childcare Management Software Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Childcare Management Software Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
4.4 Expert Opinions
4.5 Premium Insight
4.5.1 Customer decision making criteria
5. North America Childcare Management Software Market –Key Industry Dynamics
5.1 Drivers
5.1.1 Upsurge in number of daycare centres
5.1.2 Contractual alliance between vendors and corporates
5.2 Restraints
5.2.1 High initial cost and data privacy breach of software
5.3 Opportunities
5.3.1 Upcoming technological developments in childcare system
5.3.2 Increasing Women Workforce Across North America
5.4 Future Trends
5.4.1 Integration of AI into childcare management system
5.5 Impact Analysis of Drivers and Restraints
6. Childcare Management Software Market – North America Analysis
6.1 North America Childcare Management Software Market Overview
6.2 North America Childcare Management Software Market – Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning – Five Key Players
7. Childcare Management Software Market Analysis– By Solution
7.1 Overview
7.2 Childcare Management Software Market Breakdown, by Solution, 2020 and 2028
7.3 Family and Child Data Management
7.3.1 Overview
7.3.2 Family and Child Data Management: Childcare Management Software Market Revenue and Forecast to 2028 (US$ Million)
7.4 Attendance Tracker
7.4.1 Overview
7.4.2 Attendance Tracker: Childcare Management Software Market Revenue and Forecast to 2028 (US$ Million)
7.5 Accounting
7.5.1 Overview
7.5.2 Accounting: Childcare Management Software Market Revenue and Forecast to 2028 (US$ Million)
7.6 Time and Activity Management
7.6.1 Overview
7.6.2 Time and Activity Management: Childcare Management Software Market Revenue and Forecast to 2028 (US$ Million)
7.7 Nutrition Management
7.7.1 Overview
7.7.2 Nutrition Management: Childcare Management Software Market Revenue and Forecast to 2028 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.2 Others: Childcare Management Software Market Revenue and Forecast to 2028 (US$ Million)
8. Childcare Management Software Market Analysis – by Deployment
8.1 Overview
8.2 Childcare Management Software Market, by Deployment (2020 and 2028)
8.3 On-Premises
8.3.1 Overview
8.3.2 On-premises: Childcare Management Software Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Cloud
8.4.1 Overview
8.4.2 Cloud: Childcare Management Software Market – Revenue and Forecast to 2028 (US$ Million)
9. Childcare Management Software Market Analysis – by Application
9.1 Overview
9.2 Childcare Management Software Market, by Application (2020 and 2028)
9.3 Daycare
9.3.1 Overview
9.3.2 Daycare: Childcare Management Software Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Before and After Care
9.4.1 Overview
9.4.2 Before and After Care: Childcare Management Software Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Preschool
9.5.1 Overview
9.5.2 Preschool: Childcare Management Software Market Revenue and Forecast to 2028 (US$ Million)
9.6 Camps
9.6.1 Overview
9.6.2 Camps: Childcare Management Software Market Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Childcare Management Software Market Revenue and Forecast to 2028 (US$ Million)
10. Childcare Management Software Market – Country Analysis
10.1 North America: Childcare Management Software Market, By Country
10.1.1 US: Childcare Management Software Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1 US: Childcare Management Software Market, By Deployment
10.1.1.2 US: Childcare Management Software Market, By Solution
10.1.1.3 US: Childcare Management Software Market, By Application
10.1.2 Canada: Childcare Management Software Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.1 Canada: Childcare Management Software Market, By Deployment
10.1.2.2 Canada: Childcare Management Software Market, By Solution
10.1.2.3 Canada: Childcare Management Software Market, By Application
10.1.3 Mexico: Childcare Management Software Market – Revenue and Forecast to 2028 (US$ Million)
10.1.3.1 Mexico: Childcare Management Software Market, By Deployment
10.1.3.2 Mexico: Childcare Management Software Market, By Solution
10.1.3.3 Mexico: Childcare Management Software Market, By Application
11. North America Childcare Management Software Market – COVID-19 Impact Analysis
11.1 Overview
11.2 North America
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Development
13. Company Profiles
13.1 Bloomz
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Eleyo
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Hi Mama Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 iClassPro, Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 KidCheck, Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Kindyhub
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Kwiksol Corporation
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Tadpoles LLC
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Softerware Inc.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 1CORE SOLUTION
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. North America Childcare Management Software Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. US Childcare Management Software Market, By Deployment– Revenue and Forecast to 2028 (US$ Million)
Table 3. US Childcare Management Software Market, By Solution– Revenue and Forecast to 2028 (US$ Million)
Table 4. US Childcare Management Software Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada Childcare Management Software Market, By Deployment– Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada Childcare Management Software Market, By Solution– Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada Childcare Management Software Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico Childcare Management Software Market, By Deployment– Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico Childcare Management Software Market, By Solution– Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico Childcare Management Software Market, By Application– Revenue and Forecast to 2028 (US$ Million)
LIST OF FIGURES
Figure 1. North America Childcare Management Software Market Segmentation
Figure 2. North America Childcare Management Software Market Segmentation – By Country
Figure 3. North America Childcare Management Software Market Overview
Figure 4. Cloud held the Largest Share of Market in North America
Figure 5. Accounting held the Largest Share of Childcare Management Software Market in North America
Figure 6. Daycare held the Largest Share of Childcare Management Software Market in North America
Figure 7. North America: PEST Analysis
Figure 8. Childcare Management Software Market- Ecosystem Analysis
Figure 9. Expert Opinions
Figure 10. Impact Analysis of Drivers and Restraints Pertaining to Childcare Management Software Market
Figure 11. North America Childcare Management Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Childcare Management Software Market Revenue Share, by Solution (2020 and 2028)
Figure 13. Family and Child Data Management: Childcare Management Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Attendance Tracker: Childcare Management Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Accounting: Childcare Management Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Time and Activity Management: Childcare Management Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Nutrition Management: Childcare Management Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Others: Childcare Management Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Childcare Management Software Market Revenue Share, by Deployment (2020 and 2028)
Figure 20. On-premises: Childcare Management Software Market– Revenue and Forecast to 2028 (US$ Million)
Figure 21. Cloud: Childcare Management Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Childcare Management Software Market Revenue Share, by Application (2020 and 2028)
Figure 23. Daycare: Childcare Management Software Market– Revenue and Forecast to 2028 (US$ Million)
Figure 24. Before and After Care: Childcare Management Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Preschool: Childcare Management Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Camps: Childcare Management Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. Others: Childcare Management Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. North America Childcare Management Software Market Revenue Share, By Country (2020 and 2028)
Figure 29. US: Childcare Management Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Canada: Childcare Management Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Mexico: Childcare Management Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Impact of COVID-19 Pandemic in North American Country Markets
The List of Companies - North America Childcare Management Software
- Bloomz
- Eleto
- Hi Mama, Inc.
- KidCheck, Inc.
- Kindyhub
- iClassPro, Inc.
- Kwiksol Corporation
- Tadpoles LLC
- Softerware Inc.
- 1CORE Solution.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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