Child Day Care Services Market To Improve Its Performance
The Business Research Company’s Child Day Care Services global market report, covers the year-on-year growth of the global Child Day Care Services market historic and forecast growth. It also includes chapters on the Child Day Care Services market trends, geographical analysis, and competitive landscape.
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The global child day care services market size is expected to significantly grow at a CAGR of more than 4.5% during the forecast period.
Child Day Care Services Market Trends:
The child day care services market consists of the revenues from child day care services and related goods by entities (organizations, sole traders and partnerships) that provide care for infants or children. These establishments provide care services for preschool children, and for older children when they are not in school. Some of these establishments also offer pre-kindergarten education. This market includes both government and private child care services.
Companies are offering corporate child care services to help employees to achieve work life balance. Corporate child care is a specific form of child care sponsored or managed by an employer. Companies are either offering in-house child care centers or partnering with the local child care centers to offer the services at discounted rates as a perk for attracting and retaining top employees. For instance, Goldman Sachs has opened an on-site day care center in their offices in Tokyo and New York. In locations where they are not able to provide onsite nursery facilities, Goldman Sachs has partnered with local day care centers. Exxon Mobil has selected Bright Horizons to operate child day care center in Houston campus.
The global Child Day Care Services market is primarily driven by growth in population of children, and establishment of new corporate child care centers.
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The global Child Day Care Services market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
With increasing government funding in developing nations, and the utilization of digital technologies in child day care centers, the global Child Day Care Services market is expected to increase in potential and scope. TBRC’s report also covers the Child Day Care Services drivers and restraints in the market.
The global Child Day Care Services market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the global Child Day Care Services market report are Bright Horizons Family Solutions, G8 Education, Learning Care Group, Goodstart Early Learning, and Primrose Schools.
The global child day care services market is further segmented based on type and geography.
By Type - The child day care services market is segmented into baby and child day care centers, pre-kindergarten and preschool centers, and nursery schools.
By Geography - The global child day care services market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific’s child day care services market accounts for the largest share in the global child day care services market.
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