PUBLISHER: Allied Market Research | PRODUCT CODE: 1193376
PUBLISHER: Allied Market Research | PRODUCT CODE: 1193376
The mindfulness meditation application market was valued at $97.6 million in 2021, and is projected to reach $307.12 million by 2031, registering a CAGR of 12.42% from 2022 to 2031. A mindfulness meditation application is smart device-based software that aids individuals to understand, plan and reduce any kind of mental tension such as anxiety, depression, and obsessive mind disorders.
Rapid digitalization, growing awareness related to stable mental health, and Government initiatives promoting yoga and meditation are significant drivers influencing the growth of the global mindfulness meditation application market. However, the market expansion is hampered by a Lack of app transparency. On the other hand, rapid cloud-based solutions and a surge in smartphone penetration have created profitable market opportunities during the projected period.
The global mindfulness meditation application market research is segmented into service type, deployment model, operating system, and regions. On the basis of service type, the market is bifurcated into paid (in-app purchase) and free. By deployment model, it is divided into on-premises and cloud-based. Based on the operating system the market is segmented into iOS, android and others.
Region-wise, the mindfulness meditation application market trends are analyzed across North America (U.S. and Canada), Europe (Germany, Italy, France, Spain, UK, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
Key players operating in the market include Calm.com, Inc., Headspace, Inc., Inner Explorer, Inc., Meditation Moments B.V., Mindfulness Everywhere Ltd., Simple Habit, Inc., Smiling Mind, Stop, Breathe, & Think PBC, Ten Percent Happier and The Mindfulness App.
Key Benefits For Stakeholders
By Deployment Model
By Operating System
By Service Type
By Region