Christy Publications Childcare Software Market | Page 2

childcare software are interconnected with social media tools so that childcare centers can communicate with parents on social media through the software. For instance, Procare is a popular childcare software, which stores information regarding the child and their family. Moreover, using the same software, tuition fees can be paid online through the tuition express module and staff hours and vacation time can be managed through the payroll module. Procare software also has different modules for attendance tracking, data management, and accounting. Enhanced security solutions are the need of the hour in the childcare sector, so that parents can cyber visit childcare classrooms via the internet to monitor activities of their children from a distance. For instance, the school leader software tracks each person that enters and leaves the center and authorized individuals need to log in at a security checkpoint to enter the center. The software also includes a built-in messaging system to improve communication between staff and parents. High costs associated with managing web-based childcare software is hindering growth of the market Mostly childcare software systems operate in both PC-based and web-based platforms. Additional costs associated with web-based childcare system is hindering growth of the childcare software market. Web-based software are rental services and require additional charges to collect & analyze information on a monthly basis. Moreover, the users need to have a fast and reliable internet connectivity, which may not be feasible with users having budget constraints. Global Childcare Software: Regional Insights North America accounted for the largest share in the childcare software market in 2017 due to technological advancements followed by high usage of mobiles, tablets, and computers across various sectors. According to U.S. Department of Health & Human Services licensing regulations, childcare centers and childcare programs need to be licensed and monitored by a state licensing agency. For instance, thread connecting early care and education to Alaska is a licensed childcare center. The adoption of childcare software across the region is estimated to rise at a significant rate due to client-centric approaches, provision of 24/7 customer engagement, and operational efficiency. This eventually increases the penetration of childcare software deployment in this region. According to the Small Business Development Center (SBDC), the U.S. child care services market includes around 53,000 commercial facilities with a combined annual