MarketResearchNest.com adds “Mobile Creche Market in the US 2017-2021” new report to its research database. The report spread across 68 pages with table and figures in it.
Research analysts forecast the mobile creche market in the US to grow at a CAGR of 6.15% during the period 2017-2021.
Mobile creches are day-care facilities provided by on-demand service providers such as Pots of Fun and Rise and Shine Childcare. Unlike traditional day-care facilities, vendors of mobile creche services send caretakers to the required venue to take care of children. Enterprises can also book mobile creche services during corporate outings and conferences. This allows employers to maintain low attrition ratios.
Covered in this report
The report covers the present scenario and the growth prospects of the mobile creche market in the US for 2017-2021. To calculate the market size, the report considers fee income generated by third-party service providers by providing mobile creche facilities to individuals and enterprises.
Browse full table of contents and data tables at https://www.marketresearchnest.com/mobile-creche-market-in-the-us-2017-2021.html
Technavio’s report, Mobile Creche Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Mobile Creche Market in the US 2017-2021
Technavio recognizes the following companies as the key players in the mobile creche market in the US: Rise and Shine Childcare, Safe and Sound Event Childcare, Elegant Event Sitters, and Pots of Fun.
Other Prominent Vendors in the market are: American Child Care, Bright Horizon Family Solutions, UrbanSitter, Poppy, NannyPod, and SeekingSitters.
Commenting on the report, an analyst from Research team said: “One trend in the market is gradual acceptance of mobile creches by workplaces. Workplaces and organizations have started adopting various child-care solutions, including mobile creches. This helps them in retaining their skilled women employees, who feel the need to leave their jobs to take care of their children. Owing to the long gap maternity leaves, new mothers find it difficult to create a work–life balance and eventually end up leaving their jobs.”
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According to the report, one driver in the market is increasing women workforce. There has been a considerable rise in the number of working women professionals in the US in the past decade. Conventionally, the US has been one of the countries where a higher proportion of women are employed compared with that in many developing economies. Furthermore, changing work environment, and the emergence of new industries have paved the way for women to pursue various certification courses post childbirth.
Further, the report states that one challenge in the market is low salaries for caregivers. The substantially low amount of wages paid to caregivers of conventional play schools and mobile creches is another factor hindering the market growth. High-quality care is expected from caregivers; however, they are paid comparatively lower wages. Salaries of caregivers have been stagnating, therefore, pulling resources away from the profession. There is a dearth of child-care employees and increasing demand from working parents, therefore, holding back the overall child-care industry in the country.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key questions answered in this report: What will the market size be in 2021 and what will the growth rate be?; What are the key market trends?; What is driving this market?; What are the challenges to market growth?; Who are the key vendors in this market space?; What are the market opportunities and threats faced by the key vendors?; What are the strengths and weaknesses of the key vendors? ;
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Mr. Jeet Jain