North America Childcare Management Software Market

Market Introduction

Childcare management software provides a platform for both children and parents to communicate easily. Online registration, secure pick-up, parent connection, and invoicing plan are among the major features of the childcare software. The software also provides regular updates on the child’s attendance, meals, and extracurricular activities.

Growing number of daycare centers/kindergarten schools and increasing number of women going to offices, as well as opening in-office daycare centers in corporates, are among the major drivers propelling the childcare software management market growth. However, the high price of software is a factor restraining the market growth, as small kindergarten schools may have low budget allocation. Nonetheless, the integration of advanced technologies such as video streaming and ChatBot is expected to generate significant opportunities for the childcare management software market. 

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 Strategic Insights

Strategic insights for the North America Childcare Management Software provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Childcare Management Software Report Scope

North America Childcare Management Software Regional Insights

The geographic scope of the North America Childcare Management Software refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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 grow at a CAGR of 7.0% from 2021 to 2028. The integration of AI into childcare management system is expected to drive the North America childcare management market in coming years. The dependency on AI to estimate the quality of childcare (or in other words “surveillance parenting”) is an innovation brought into the market. For instance, Invidyo, a Turkey-based start-up, provides an AI-driven “smart baby and babysitter camera.” This enables parents to monitor both child and babysitter. Through AI-assisted tools, the device automatically records the mood of babies using image processing technologies to provide a judgment on the quality of childcare. The AI-powered device gives necessary data such as baby feeding intervals, or performance of the babysitter, and others. By using algorithm, the device records mood swings of babies, which later create highlight reel and lowlight reel. This data then notifies parents about their quality of childcare. Therefore, the integration of AI-powered childcare management is expected to be a trending factor and is  likely to drive the growth of the childcare management software market.

Key Market Segments

In terms of deployment, the cloud segment accounted for a larger share of the North America childcare management software market in 2020. In terms of solution, the accounting segment held the largest share of the North America childcare management software market in 2020.   

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the North America childcare management software market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Bloomz.; Eleyo; Hi Mama Inc.; iClassPro, Inc.; KidCheck, Inc.; Kindyhub; Kwiksol Corporation; Tadpoles LLC; Softerware Inc.; and 1CORE SOLUTIONare.

Reasons to buy report

• Understand the North America childcare management software market landscape and identify market segments that are most likely to guarantee a strong return
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• Efficiently plan M&A and partnership deals in the North America childcare management software market by identifying market segments with the most promising probable sales   
• Take knowledgeable business decisions from perceptive and comprehensive analysis of market performance through various segments of the North America childcare management software market
• Obtain revenue forecast for the market from 2021 to 2028 in North America.

North America Childcare Management Software Market Segmentation

North America Childcare Management Software Market – By Deployment

• Cloud-Based
• On-Premises

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 Market - 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