Global Cable Management Accessories Industry (2020 to 2027) – Market Trends and Drivers – ResearchAndMarkets.com

The “Cable Management Accessories – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

The publisher brings years of research experience to the 8th edition of this report. The 228-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Cable Management Accessories Market to Reach $2.7 Billion by 2027

Amid the COVID-19 crisis, the global market for Cable Management Accessories estimated at US$1.8 Billion in the year 2020, is projected to reach a revised size of US$2.7 Billion by 2027, growing at a CAGR of 5.9% over the analysis period 2020-2027.

IT and Telecom, one of the segments analyzed in the report, is projected to record a 6.9% CAGR and reach US$481 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Manufacturing segment is readjusted to a revised 7.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $491.1 Million, While China is Forecast to Grow at 9.1% CAGR

The Cable Management Accessories market in the U.S. is estimated at US$491.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$579 Million by the year 2027 trailing a CAGR of 9.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Energy and Utility Segment to Record 6.7% CAGR

In the global Energy and Utility segment, USA, Canada, Japan, China and Europe will drive the 6.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$191.6 Million in the year 2020 will reach a projected size of US$291.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$366 Million by the year 2027, while Latin America will expand at a 8% CAGR through the analysis period.

Competitors identified in this market include, among others:

  • Anixter International, Inc.
  • CableOrganizer. com, LLC.
  • Cembre S. p. A.
  • Chatsworth Products, Inc.
  • Eaton’s B-Line Business
  • Gustav Klauke GmbH
  • Legrand SA
  • Panduit Corporation
  • Partex Marking Systems Inc
  • Schneider Electric SA
  • TE Connectivity Corporation
  • Thomas & Betts Corporation
  • Weidmuller Interface GmbH & Co. KG

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • Cable Management Accessories Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

  • Total
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Global Cable Management Accessories Industry

NEW YORK, Dec. 1, 2020 /PRNewswire/ —

Amid the COVID-19 crisis, the global market for Cable Management Accessories estimated at US$1.8 Billion in the year 2020, is projected to reach a revised size of US$2.7 Billion by 2027, growing at a CAGR of 5.9% over the analysis period 2020-2027. IT and Telecom, one of the segments analyzed in the report, is projected to record a 6.9% CAGR and reach US$481 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Manufacturing segment is readjusted to a revised 7.2% CAGR for the next 7-year period.

Read the full report: https://www.reportlinker.com/p05960836/?utm_source=PRN

The U.S. Market is Estimated at $491.1 Million, While China is Forecast to Grow at 9.1% CAGR

The Cable Management Accessories market in the U.S. is estimated at US$491.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$579 Million by the year 2027 trailing a CAGR of 9.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Energy and Utility Segment to Record 6.7% CAGR

In the global Energy and Utility segment, USA, Canada, Japan, China and Europe will drive the 6.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$191.6 Million in the year 2020 will reach a projected size of US$291.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$366 Million by the year 2027, while Latin America will expand at a 8% CAGR through the analysis period. We bring years of research experience to this 8th edition of our report. The 228-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

  • Anixter International, Inc.
  • CableOrganizer.com, LLC.
  • Cembre S.p.A.
  • Chatsworth Products, Inc.
  • Eaton’s B-Line Business
  • Gustav Klauke GmbH
  • Legrand SA
  • Panduit Corporation
  • Partex Marking Systems Inc
  • Schneider Electric SA
  • TE Connectivity Corporation
  • Thomas & Betts Corporation
  • Weidmuller Interface GmbH & Co. KG

Read the full report: https://www.reportlinker.com/p05960836/?utm_source=PRN

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Global Competitor Market Shares
Cable Management Accessories Competitor Market Share Scenario
Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
Table 1: Cable Management Accessories Global Market Estimates
and Forecasts in US$ Thousand

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Companies with more women in management outperform their male-led peers, according to Goldman Sachs



a statue in front of a building: Brendan McDermid/Reuters


© Brendan McDermid/Reuters
Brendan McDermid/Reuters

  • A new study by Goldman Sachs found that companies with more women in management and board positions outperformed their more male-led counterparts. 
  • In a basket of 600 European stocks, companies with more female leadership saw their share price outperform on average by 2.5% a year compared with companies with less women leaders. 
  • “Having a greater proportion of women in senior positions is not just a diversity score to target…but is associated with a lower cost of equity, stronger share-price performance and lower volatility of shares,” Sharon Bell, a Goldman equity strategist said. 
  • Visit Business Insider’s homepage for more stories.

It pays to have more female corporate leadership, according to a new study from Goldman Sachs.

After examining the stock performance of companies within the European Stoxx 600 index since the 2008 financial crisis, the bank found that those with higher numbers of female leadership outperformed their more male-led peers. Companies in the top quartile of their sectors based on the share of female managers or women on the board outperformed companies in the bottom quartile by 2.5% a year.

Sharon Bell, a Goldman Sachs European equity strategist, led the study and summarized her findings in a Monday Op-Ed in the Financial Times.

“Having a greater proportion of women in senior positions is not just a diversity score to target or a box to be ticked, but is associated with a lower cost of equity, stronger share-price performance and lower volatility of shares, too. Good news for corporations, investors and society,” Bell said. 

She also noted that correlation doesn’t mean causation, and the fact that companies in the top-quartile for share of women in leadership outperformed could be from several factors.

Video: Asia’s largest listed REIT actively looking for M&A opportunities (CNBC)

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Companies with more women in management perform better, according to new Goldman Sachs study

Having more women in leadership roles in major corporations is associated with positive company stock performance, according to new research from banking juggernaut Goldman Sachs.

Examining data from the STOXX 600, a collection of stocks of a group of European companies, researchers found that in 2020, women compose 31 percent of executive board members in STOXX 600 companies, a major lead from the measly nine percent reported in 2005.

While this is a decidedly positive impact on female representation in business, the report also saw that employing more women across all levels –– not just as managers or C-level members –– coincided with a higher annualized total return, or a stronger financial performance.


WOMEN OF COLOR ARE TIPPING THE BALANCE OF POWER IN U.S. CITIES

ALL-GIRL TEEN CODING TEAM DEVELOPS APP THAT RATES RESTAURANTS ON COVID-19 SAFETY

MOST GIRLS AND YOUNG WOMEN HAVE EXPERIENCE ABUSE ONLINE, NEW REPORT FINDS

EQUAL PAY DAY HIGHLIGHTS THE FINANCIAL STRAIN ON WOMEN DURING CORONAVIRUS 


Looking at women employee counts from 2009 to 2020, the authors only recently saw a decline when charting financial performance over time with the number of women employees: during the COVID-19 pandemic, which catalyzed a global recession due to mass economic shutdowns.

They write that this time period is a likely outlier, and does not reflect the value of having more women employees within companies. Similar decreases in company stock performance were also observed during the Great Recession of 2008.

“Whatever time periods we take, the greater the representation of women higher up organisations, the better the performance uplift from having a larger percentage of Women,” the report reads.

Notably, however, the authors caution that correlation does not imply causation, meaning that a direct relationship between the number of female employees at a company and its profitability cannot be established. 

When examining firms’ return on investments (ROE), researchers did not find any relationship between more women and an increase or decrease in ROE. 

The idea that more women leads to better company performance also does not work across all industries. The report singles out the tech sector, which is historically undiversified, as one that did not see any changes in stock with more or less women on the team. 

Still, the authors say that despite the lack of a formal relationship between more women employees and hard data, a more diverse workforce can enhance business performance and confidence in the company.

“More women at all levels does not detract from performance and may well add to it. So taking a moral, ethical stance, has no noticeable cost,” the report concluded.


NEW STUDY CONFIRMS THAT FEMALE-LED COUNTRIES FARED BETTER AGAINST CORONAVIRUS

CELEBRATE WOMEN’S EQUALITY DAY WITH THIS AWARD-WINNING FEMALE HISTORIAN

AFTER LOW ATTENDANCE, IS THE WOMEN’S MARCH STILL RELEVANT?

Source Article

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Companies with more women in management have outperformed their more male-led peers, according to Goldman Sachs

FILE PHOTO: The Fearless Girl statue is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., June 11, 2020. REUTERS/Brendan McDermid
  • A new study by Goldman Sachs found that companies with more women in management and board positions outperformed their more male-led counterparts. 
  • In a basket of 600 European stocks, companies with more female leadership saw their share price outperform on average by 2.5% a year compared with companies with less women leaders. 
  • “Having a greater proportion of women in senior positions is not just a diversity score to target…but is associated with a lower cost of equity, stronger share-price performance and lower volatility of shares,” Sharon Bell, a Goldman equity strategist said. 
  • Visit Business Insider’s homepage for more stories.

It pays to have more female corporate leadership, according to a new study from Goldman Sachs.

After examining the stock performance of companies within the European Stoxx 600 index since the 2008 financial crisis, the bank found that those with higher numbers of female leadership outperformed their more male-led peers. Companies in the top quartile of their sectors based on the share of female managers or women on the board outperformed companies in the bottom quartile by 2.5% a year.

Sharon Bell, a Goldman Sachs European equity strategist, led the study and summarized her findings in a Monday Op-Ed in the Financial Times.

“Having a greater proportion of women in senior positions is not just a diversity score to target or a box to be ticked, but is associated with a lower cost of equity, stronger share-price performance and lower volatility of shares, too. Good news for corporations, investors and society,” Bell said. 

She also noted that correlation doesn’t mean causation, and the fact that companies in the top-quartile for share of women in leadership outperformed could be from several factors.

“It could be that women add more diverse opinions and take different approaches. It could be that by hiring from a broader pool that includes both sexes, companies are able to attract the best talent,” said Bell.

Read more: Alex Umansky has been one of the world’s best stock pickers for years, and his fund is making 6 times more than the competition in 2020. He told us the 4 pillars to his investing approach.

The percentage of female board members in Europe’s top 600 companies has increased in the last 20 years, but the share of female managers has not risen at the same speed, according to Goldman. Roughly 30% of Stoxx 600 board members are female, but just 6% of all CEOs are female. And while some sectors including retail, media, travel and leisure, healthcare and financials have more female employees than males overall, all sectors have fewer than 50% female managers.

goldman sachs female leadership

The study also revealed that during the pandemic, companies with more female leadership tended to perform worse.

According to the study, from the end of February 2020 to the end of September 2020, companies in the top quartile by women on the board were down 7% compared with companies in the bottom quartile. Bell said this drop could be because

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Global Electrosurgery Devices Markets, 2020-2026 – Focus on Generators, Instruments, Accessories, & Argon and Smoke Management Systems

Dublin, Nov. 10, 2020 (GLOBE NEWSWIRE) — The “Global Electrosurgery Devices Market by Product, Type of Surgery, Geography – Global Drivers, Restraints, Opportunities, Trends, and Forecast up to 2026” report has been added to ResearchAndMarkets.com’s offering.

In the 2020-2026 forecast period, the global electrosurgery market experiences a significant CAGR of 6.8% percent

This market growth can be due to technical advancements in electrosurgical instruments, as well as increasing medical, plastic, and cosmetic surgery.

Electrosurgery devices use high-frequency electrical energy for cutting the bodies with utmost precision, lowest tissue damage, and oxygen sacrifice during an operation. It is used to generate electrical electrosurgery generators with a high-frequency electric current. Electrosurgical techniques are used in a lot of medical areas such as gynecology, urology, neurology, gastroenterology, abdominal surgery, overall operation, and others.

Key developments in this market

In May 2019, during Digestive Disease Week 2019, Olympus announced the release and approval of the ESG-150 Electrosurgery Generator (ESG-150). The ESG-150 electrosurgery generator provides steady output control, which automatically delivers the smallest efficient adapted energy production, allowing doctors to achieve good results in traditional GI and endoscopic pulmonary procedures. The introduction of a product has extended the company’s product range and increased its market share.

In May 2018, Olympus announced the launch as well as the confirmation of the ESG-300 Electrosurgery Generator. Olympus’ ESG-300 is a recent batch of electrosurgical systems designed exclusively for GI and pulmonary applications and includes all the methods and environments expected by physicians performing sophisticated medicinal procedures, many of which may include argon plasma coagulation (APC). The introduction of a product has extended the company’s product range and increased its market share.

Competitor Analysis

This market is highly fragmented, and the key players have implemented various strategies such as agreements, new product launches, joint ventures, expansions, acquisitions, partnerships, and others to expand their reach in the industry. This report consists of market shares of the epigenetics diagnostic market for Europe, Asia Pacific, Middle East & Africa, North America, and South America.
Key Players in this market

A few major players in the global electrosurgery market are CONMED Corporation, Erbe Elektromedizin GmbH, Olympus Corporation, Smith & Nephew Plc, B. Braun Melsungen AG, Boston Scientific Corporation, Johnson & Johnson, Medtronic Plc, Bovie Medical Corporation, and BOWA-electronic GmbH & Co. KG among others.

Market Drivers

  • The major driving force for the growth of this market is technological advancements.
  • A growing number of cosmetic, medical, and plastic surgery are fuelling the demand for this market.
  • Improved availability for minimally invasive surgery improves business growth.
  • A subsequent increase in ambulatory surgery facilities is contributing to the growth of this market.

Key Topics Covered:

1. Executive Summary

2. Industry Outlook
2.1. Industry Overview
2.2. Industry Trends

3. Market Snapshot
3.1. Market Definition
3.2. Market Outlook
3.2.1. PEST Analysis
3.2.2. Porter Five Forces
3.3. Related Markets

4. Market Characteristics
4.1. Market Evolution
4.2. Market Trends and Impact
4.3. Advantages/Disadvantages of Market
4.4. Regulatory Impact
4.5. Market Offerings
4.6. Market Segmentation
4.7. Market Dynamics
4.7.1. Drivers
4.7.2.

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Power of Women Music: Execs in Catalog, Operations, Management Thrive

The past few months has been such a dynamic time for this industry that it was a challenge to keep up with all the executive moves for women on this year’s report. The ongoing coronavirus pandemic has accelerated change, disrupting business models and personal lives. Still, the women on Variety‘s Power of Women impact list have found ways to innovate, and many are hopeful for the future.

Among the women in music who are not just surviving, but thriving, in 2020 are executives from Interscope Geffen A&R, Capitol Music Group, Caroline, Universal Music Enterprises and Warner Chappell Music Publishing, as well as managers, agents, film music aficionados and tech innovators.

See the full list here.  

The women of Capitol Music Group 

  • Britney Davis, VP of artist relations, marketing & special projects, Capitol Music Group 
  • Cindy James, head of commercial marketing, Caroline Music

Davis arrived at Capitol Music Group shortly after Lil Baby signed there three years ago and worked on his double-platinum album, “My Turn,” as well as his powerful single “The Bigger Picture,” released after the killing of George Floyd, with proceeds partially benefitting Black Lives Matter. “He is a true storyteller,” she says of the artist. “He was speaking purely as a Black man of 25 — it was so emotional and raw and authentic.” As head of commercial marketing, James strives to build connections and create repeat listens. Beyond the reign of Lil Baby, who held the top album spot for five consecutive weeks, she’s pleased with the performances of singer-songwriter Clairo and Texas band Surfaces, two acts she’s been developing over the past year. During the second quarter, with lockdown measures in place, “paid subscription revenues grew significantly faster than they did in the first quarter,” James says of streaming services. “So that’s really encouraging.” 

Jane Gowen
EVP of product development & marketing, Universal Music Enterprises
Universal Music Group 

As U.S. head of A&R and marketing for the catalog division of the world’s largest music company, Gowen works with music’s top acts day in, day out. “In the past year there’s been projects from Bob Marley, Paul McCartney, the Rolling Stones, John Lennon and Cat Stevens, and U2 and Elton John are coming up,” she says. “I’m very lucky.” In the streaming age, the sky’s the limit for catalog sales: “Now, it’s really about finding the story around a catalog,” says the Los Angeles-based U.K. transplant, who started her career at Virgin Records in London. Listening hasn’t dipped with so many people stuck at home. “In fact, it’s thriving.” 

Laura Karpman
Composer  

Karpman won her first primetime Emmy for music in the documentary series “Why We Hate” in September and found ways to record orchestral film scores remotely during the pandemic, culminating in an operatic sequence for HBO’s “Lovecraft Country.” Next up: Marvel’s animated “What If?” series for Disney Plus. The co-founder of the Alliance for Women Film Composers is also the first female music governor in the Motion Picture Academy. “When you do advocacy

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Execs in Catalog, Operations and Management Thrive

The past few months has been such a dynamic time for this industry that it was a challenge to keep up with all the executive moves for women on this year’s report. The ongoing coronavirus pandemic has accelerated change, disrupting business models and personal lives. Still, the women on Variety‘s Power of Women impact list have found ways to innovate, and many are hopeful for the future.

Among the women in music who are not just surviving, but thriving, in 2020 are executives from Interscope Geffen A&R, Capitol Music Group, Caroline, Universal Music Enterprises and Warner Chappell Music Publishing, as well as managers, agents, film music aficionados and tech innovators.

See the full list here.  

The women of Capitol Music Group 

  • Britney Davis, VP of artist relations, marketing & special projects, Capitol Music Group 
  • Cindy James, head of commercial marketing, Caroline Music

Davis arrived at Capitol Music Group shortly after Lil Baby signed there three years ago and worked on his double-platinum album, “My Turn,” as well as his powerful single “The Bigger Picture,” released after the killing of George Floyd, with proceeds partially benefitting Black Lives Matter. “He is a true storyteller,” she says of the artist. “He was speaking purely as a Black man of 25 — it was so emotional and raw and authentic.” As head of commercial marketing, James strives to build connections and create repeat listens. Beyond the reign of Lil Baby, who held the top album spot for five consecutive weeks, she’s pleased with the performances of singer-songwriter Clairo and Texas band Surfaces, two acts she’s been developing over the past year. During the second quarter, with lockdown measures in place, “paid subscription revenues grew significantly faster than they did in the first quarter,” James says of streaming services. “So that’s really encouraging.” 

Jane Gowen
EVP of product development & marketing, Universal Music Enterprises
Universal Music Group 

As U.S. head of A&R and marketing for the catalog division of the world’s largest music company, Gowen works with music’s top acts day in, day out. “In the past year there’s been projects from Bob Marley, Paul McCartney, the Rolling Stones, John Lennon and Cat Stevens, and U2 and Elton John are coming up,” she says. “I’m very lucky.” In the streaming age, the sky’s the limit for catalog sales: “Now, it’s really about finding the story around a catalog,” says the Los Angeles-based U.K. transplant, who started her career at Virgin Records in London. Listening hasn’t dipped with so many people stuck at home. “In fact, it’s thriving.” 

Laura Karpman
Composer  

Karpman won her first primetime Emmy for music in the documentary series “Why We Hate” in September and found ways to record orchestral film scores remotely during the pandemic, culminating in an operatic sequence for HBO’s “Lovecraft Country.” Next up: Marvel’s animated “What If?” series for Disney Plus. The co-founder of the Alliance for Women Film Composers is also the first female music governor in the Motion Picture Academy. “When you do advocacy

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William & Mary women’s track team questions department’s management, refuses meeting with AD

William & Mary women’s track and field athletes said Monday they have refused an “urgent” meeting on Thursday with interim director of athletics Jeremy Martin to discuss their concerns about the elimination of the men’s track and field team at the school.

Instead, they are requesting a meeting with school President Katherine Rowe, Board of Visitors Rector John Littel and Provost Peggy Agouris prior to Thursday. Their request comes two days after 26 W&M track athletes signed an open letter to administration expressing that the men’s indoor and outdoor track teams – slated for elimination at the end of the academic year – be reinstated.

In Saturday’s letter, the female track athletes stated they will not represent the university “in uniform” until the men’s track team is reinstated. As they did on Saturday, the women’s track athletes expressed their feelings in a letter addressed to Rowe and posted on the door of her residence.

“If this is truly urgent, we request this meeting happen as soon as possible, not in four days,” the athletes wrote to the W&M president. “(Also) we request that you bring solutions to the problem, not relying on (cutting) the ostracized programs.

“We have taken a tremendous risk over the past few days and we expect you to do the same.”

Those programs include men’s indoor and outdoor track, men’s gymnastics and men’s swimming – all marked for elimination in a September 3 announcement signed by Rowe, Agouris and athletic director Samantha Huge. Huge resigned under pressure earlier this month and was replaced on an interim basis by Martin, Rowe’s chief of staff.

Three women’s program’s – volleyball, swimming and gymnastics – were also cut as the university sought primarily to reduce a growing athletic department budget deficit exacerbated by the COVID-19 crisis. They were reinstated on October 19 so that the university could avoid a Title IX lawsuit.

Lauren Finikiotis, a senior who runs distance and middle-distance races for the Tribe women, said that the female track athletes are tired of being treated as just a “number” in the school’s quest to comply with Title IX and avoid a non-compliance lawsuit. She says the team’s objective in penning and delivering a second letter in three days to Rowe is to be heard and considered more personally.

“Jeremy Martin told us that it was an ‘urgent’ meeting but they wanted to talk to us on Thursday,” Finikiotis said. “How urgent can it really be if it’s four days?

“We’re tired of everything going on and not being heard. Since the very beginning of this we have not had direct communication with President Rowe on anything. To be able to look her in the eyes and let her know how we feel is really important to us.

“This is a gender equity issue and the way the school treats their female athletes is appalling to say the least. We females, in general, don’t always have a voice (here), so we want to use the voice

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Childcare Management Software Market Vendors to Benefit from Increase in Women Workforce Globally

The global childcare management software market size is poised to grow by USD 62.21 million during 2020-2024, progressing at a CAGR of about 6% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201022006114/en/

Technavio has announced its latest market research report titled Global Childcare Management Software Market 2020-2024 (Graphic: Business Wire)

Globally, there has been a growth in the number of women working in organized sectors. This can be attributed to a number of initiatives undertaken by successive governments on women empowerment. In addition, many countries across the Middle East, Asia, and Africa are witnessing steady growth in women’s salaries. With the growth in the women workforce, the demand for childcare services is increasing among parents. These factors are providing significant growth opportunities for childcare centers, which is encouraging them to invest in childcare management software to track the progress of children. Thus, the increase in the women workforce is expected to fuel the growth of global childcare management software during the forecast period.

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Report Highlights:

  • The major childcare management software market growth came from the on-cloud deployment segment. This is due to the increased demand for cloud-based childcare management solutions from small-scale private childcare centers.

  • North America was the largest market for childcare management software in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. This is attributed to the increased expenditure on childcare and education by governments in the region.

  • The global childcare management software market is fragmented. Childcare Sage, EZChildTrack, Hi Mama Inc., Jackrabbit Technologies Inc., Kangarootime, Ladder Software, Procare Software LLC, SmartcareOS LLC, SofterWare Inc., and Tadpoles LLC are some of the major market participants. To help clients improve their market position, this childcare management software market forecast report provides a detailed analysis of the market leaders.

  • As the business impact of COVID-19 spreads, the global childcare management software market 2020-2024 is expected to have positive. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.

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Application of artificial intelligence (AI) for better childcare management will be a key market trend

Market vendors are focusing on the integration of AI to increase the effectiveness of their services. The adoption of AI also offers various benefits to end-users. It improves the overall development plan of the childcare center, upgrades the

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