
NEW YORK, Feb. 28, 2023 /PRNewswire/ -- The global childrens daycare services market size is projected to grow by USD 164.11 billion between 2022 and 2027, accelerating at a CAGR of 8.01% during the forecast period, according to Technavio. The growth of the market is driven by the decrease in the child mortality rate. According to The World Bank Group, the global number of neonatal death rates decreased from 2.67 million in 2015 to 2.44 million in 2019. The infant mortality rate (IMR) has also recorded a declining trend. IMR is defined as the number of deaths per 1,000 live births of children under one year of age. The IMR declined from 30.7 in 2016 to 28.2 in 2019. The continuous decline in the child mortality rate has played a pivotal role in increasing the revenue of the market. The continuous growth in medical advances will further enhance the growth prospects for the market during the forecast period. Insights about the impact of drivers, trends, and challenges, historic & forecast, 2017 to 2021 & 2023 to 2027, USD Billion - Download a Sample PDF Report
What`s New for 2023?
- Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
- Global competitiveness and key competitor positions
- Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial
Childrens daycare services market 2023-2027: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our childrens daycare services market report covers the following areas:
- Childrens daycare services market size
- Childrens daycare services market trends
- Childrens daycare services market industry analysis
Children Day Care Services Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast Period |
2023 -2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.01% |
Market growth 2023-2027 |
USD 164.11 billion |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
6.12 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing contribution |
North America at 30% |
Key countries |
US, China, India, Germany, Canada, Mexico, Italy, Spain, Japan, Australia, South Korea and UK |
Competitive landscape |
Leading Companies, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Bright Horizons Family Solutions Inc., Busy Bees Daycare LLC, Cadence Education LLC, Founding Years Learning Solutions Pvt Ltd., G8 Education Ltd., Global Childrens Center, Goddard Systems Inc., Growing Room, JP Holdings Inc., Kids R Kids International Inc., KinderCare Learning Centers LLC, KU Childrens Services, Learning Care Group, Penny and Peggy Nairn 24 Hour Childcare Inc., Primrose School Franchising Co. LLC, Spring Education Group, St. Timothy Catholic Church, The Learning Experience, The Sunshine House, and Tiny Hoppers Corp. |
Market dynamics |
Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Childrens daycare services market 2023-2027: Segmentation
Childrens daycare services market is segmented as below:
- Application
- Center-based
- Home-based
The market growth in the center-based segment will be significant over the forecast period. A few of the significant advantages of center-based children's daycare facilities include socializing and interactive learning, multiple caregivers, licensing, advanced curriculum, etc. Children have the advantage of learning from different teachers and are under the supervision of multiple people. Center-based children's daycare facilities are enriched with an advanced curriculum, which facilitates overall child growth from the initial stage of life. Such factors are fostering the growth of the segment.
- End-User
- Preschool children
- Infants and toddlers
- Older children
Geography
- North America
- The U.S.
- Canada
- APAC
- China
- India
- Europe
- The U.K.
- Germany
- France
- Rest of Europe
- South America
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
North America will account for 30% of the market growth during the forecast period. Another region offering significant growth opportunities to vendors is APAC. APAC is expected to be the fastest-growing region during the forecast period. The growth of the market in the region is mainly attributed to the rising middle-class population and increasing incomes of people, which is making it easy for them to spend on children's daycare services. Urbanization and change in lifestyle in the form of dual-income households are the other factors that are driving the growth of the market in the region.
For insights on global, regional, and country level parameters with growth opportunities
from 2017 to 2027 – Download a Sample Report
Childrens daycare services market 2023-2027: Vendor landscape
The global childrens daycare services market is fragmented due to the presence of numerous vendors. Vendors are emphasize technology for providing innovative services to parents to sustain in the competitive market. They also focus on building brands and brand equity in the market to differentiate themselves from other competing brands. The deployment of labor is high in the global children daycare services market and is expected to remain the same during the forecast period. Some of the key players covered in the report include:
- Bright Horizons Family Solutions Inc.
- Busy Bees Daycare LLC
- Cadence Education LLC
- Founding Years Learning Solutions Pvt Ltd.
- G8 Education Ltd.
- Global Childrens Center
- Goddard Systems Inc.
- Growing Room
- JP Holdings Inc.
- Kids R Kids International Inc.
- KinderCare Learning Centers LLC
- KU Childrens Services
- Learning Care Group
- Penny and Peggy Nairn 24 Hour Childcare Inc.
- Primrose School Franchising Co. LLC
Childrens daycare services market 2023-2027: Key Highlights
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the children day care services market between 2023 and 2027
- Precise estimation of the size of the children day care services market and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the children day care services market across APAC, North America, Europe, Middle East and Africa, and South America
- Thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of children day care services market vendors
Why Buy?
- Add credibility to strategy
- Analyzes competitor's offerings
- Get a holistic view of the market
Grow your profit margin with Technavio – Buy the Report!
Related Reports:
- The online children's and maternity apparel market is estimated to grow at a CAGR of 5.55% between 2021 and 2026. The size of the market is forecast to increase by USD 886.26 million. The increasing product awareness is notably driving the online children's and maternity apparel market growth in MENA, although factors such as high overhead costs for online retailers may impede the market growth.
- The pet daycare and lodging market is estimated to grow at a CAGR of 6.34% between 2021 and 2026. The size of the market is forecast to increase by USD 8.6 billion. The growing popularity of various pet daycare and lodging services is notably driving the pet daycare and lodging market growth, although factors such as growing awareness of safety concerns and animal allergies may impede the market growth.
Table Of Contents:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
· 2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
· 3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
· 4 Historic Market Size
- 4.1 Global children day care services market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global children day care services market 2017 - 2021 ($ billion)
- 4.2 Application Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)
- 4.3 End-user Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)
· 5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
· 6 Market Segmentation by Application
- 6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
- 6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application
- 6.3 Center-based - Market size and forecast 2022-2027
- Exhibit 34: Chart on Center-based - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Data Table on Center-based - Market size and forecast 2022-2027 ($ billion)
- Exhibit 36: Chart on Center-based - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Center-based - Year-over-year growth 2022-2027 (%)
- 6.4 Home-based - Market size and forecast 2022-2027
- Exhibit 38: Chart on Home-based - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Data Table on Home-based - Market size and forecast 2022-2027 ($ billion)
- Exhibit 40: Chart on Home-based - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Home-based - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Application
- Exhibit 42: Market opportunity by Application ($ billion)
· 7 Market Segmentation by End-user
- 7.1 Market segments
- Exhibit 43: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 44: Data Table on End-user - Market share 2022-2027 (%)
- 7.2 Comparison by End-user
- Exhibit 45: Chart on Comparison by End-user
- Exhibit 46: Data Table on Comparison by End-user
- 7.3 Preschool children - Market size and forecast 2022-2027
- Exhibit 47: Chart on Preschool children - Market size and forecast 2022-2027 ($ billion)
- Exhibit 48: Data Table on Preschool children - Market size and forecast 2022-2027 ($ billion)
- Exhibit 49: Chart on Preschool children - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on Preschool children - Year-over-year growth 2022-2027 (%)
- 7.4 Infant and toddlers - Market size and forecast 2022-2027
- Exhibit 51: Chart on Infant and toddlers - Market size and forecast 2022-2027 ($ billion)
- Exhibit 52: Data Table on Infant and toddlers - Market size and forecast 2022-2027 ($ billion)
- Exhibit 53: Chart on Infant and toddlers - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Infant and toddlers - Year-over-year growth 2022-2027 (%)
- 7.5 Older children - Market size and forecast 2022-2027
- Exhibit 55: Chart on Older children - Market size and forecast 2022-2027 ($ billion)
- Exhibit 56: Data Table on Older children - Market size and forecast 2022-2027 ($ billion)
- Exhibit 57: Chart on Older children - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Older children - Year-over-year growth 2022-2027 (%)
- 7.6 Market opportunity by End-user
- Exhibit 59: Market opportunity by End-user ($ billion)
· 8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
· 9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 61: Chart on Market share by geography 2022-2027 (%)
- Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 63: Chart on Geographic comparison
- Exhibit 64: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2022-2027
- Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 North America - Market size and forecast 2022-2027
- Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 China - Market size and forecast 2022-2027
- Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.9 US - Market size and forecast 2022-2027
- Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.10 India - Market size and forecast 2022-2027
- Exhibit 93: Chart on India - Market size and forecast 2022-2027 ($ billion)
- Exhibit 94: Data Table on India - Market size and forecast 2022-2027 ($ billion)
- Exhibit 95: Chart on India - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on India - Year-over-year growth 2022-2027 (%)
- 9.11 Germany - Market size and forecast 2022-2027
- Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.12 UK - Market size and forecast 2022-2027
- Exhibit 101: Chart on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 102: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 103: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 105: Market opportunity by geography ($ billion)
· 10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 106: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
· 11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 108: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 109: Impact of key risks on business
· 12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 110: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 111: Matrix on vendor position and classification
- 12.3 Bright Horizons Family Solutions Inc.
- Exhibit 112: Bright Horizons Family Solutions Inc. - Overview
- Exhibit 113: Bright Horizons Family Solutions Inc. - Business segments
- Exhibit 114: Bright Horizons Family Solutions Inc. - Key news
- Exhibit 115: Bright Horizons Family Solutions Inc. - Key offerings
- Exhibit 116: Bright Horizons Family Solutions Inc. - Segment focus
- 12.4 Busy Bees Daycare LLC
- Exhibit 117: Busy Bees Daycare LLC - Overview
- Exhibit 118: Busy Bees Daycare LLC - Product / Service
- Exhibit 119: Busy Bees Daycare LLC - Key offerings
- 12.5 Cadence Education LLC
- Exhibit 120: Cadence Education LLC - Overview
- Exhibit 121: Cadence Education LLC - Product / Service
- Exhibit 122: Cadence Education LLC - Key offerings
- 12.6 G8 Education Ltd.
- Exhibit 123: G8 Education Ltd. - Overview
- Exhibit 124: G8 Education Ltd. - Business segments
- Exhibit 125: G8 Education Ltd. - Key offerings
- Exhibit 126: G8 Education Ltd. - Segment focus
- 12.7 Global Childrens Center
- Exhibit 127: Global Childrens Center - Overview
- Exhibit 128: Global Childrens Center - Product / Service
- Exhibit 129: Global Childrens Center - Key offerings
- 12.8 Goddard Systems Inc.
- Exhibit 130: Goddard Systems Inc. - Overview
- Exhibit 131: Goddard Systems Inc. - Product / Service
- Exhibit 132: Goddard Systems Inc. - Key offerings
- 12.9 Growing Room
- Exhibit 133: Growing Room - Overview
- Exhibit 134: Growing Room - Product / Service
- Exhibit 135: Growing Room - Key offerings
- 12.10 JP Holdings Inc.
- Exhibit 136: JP Holdings Inc. - Overview
- Exhibit 137: JP Holdings Inc. - Product / Service
- Exhibit 138: JP Holdings Inc. - Key offerings
- 12.11 Kids R Kids International Inc.
- Exhibit 139: Kids R Kids International Inc. - Overview
- Exhibit 140: Kids R Kids International Inc. - Product / Service
- Exhibit 141: Kids R Kids International Inc. - Key offerings
- 12.12 KinderCare Learning Centers LLC
- Exhibit 142: KinderCare Learning Centers LLC - Overview
- Exhibit 143: KinderCare Learning Centers LLC - Product / Service
- Exhibit 144: KinderCare Learning Centers LLC - Key offerings
- 12.13 KU Childrens Services
- Exhibit 145: KU Childrens Services - Overview
- Exhibit 146: KU Childrens Services - Product / Service
- Exhibit 147: KU Childrens Services - Key offerings
- 12.14 Learning Care Group
- Exhibit 148: Learning Care Group - Overview
- Exhibit 149: Learning Care Group - Product / Service
- Exhibit 150: Learning Care Group - Key offerings
- 12.15 Penny and Peggy Nairn 24 Hour Childcare Inc.
- Exhibit 151: Penny and Peggy Nairn 24 Hour Childcare Inc. - Overview
- Exhibit 152: Penny and Peggy Nairn 24 Hour Childcare Inc. - Product / Service
- Exhibit 153: Penny and Peggy Nairn 24 Hour Childcare Inc. - Key offerings
- 12.16 Primrose School Franchising Co. LLC
- Exhibit 154: Primrose School Franchising Co. LLC - Overview
- Exhibit 155: Primrose School Franchising Co. LLC - Product / Service
- Exhibit 156: Primrose School Franchising Co. LLC - Key offerings
- 12.17 Spring Education Group
- Exhibit 157: Spring Education Group - Overview
- Exhibit 158: Spring Education Group - Product / Service
- Exhibit 159: Spring Education Group - Key offerings
· 13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 160: Inclusions checklist
- Exhibit 161: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 162: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 163: Research methodology
- Exhibit 164: Validation techniques employed for market sizing
- Exhibit 165: Information sources
- 13.5 List of abbreviations
- Exhibit 166: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article