PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1358956
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1358956
According to Stratistics MRC, the Global Parental Control Software Market is accounted for $1.27 billion in 2023 and is expected to reach $3.32 billion by 2030 growing at a CAGR of 14.7% during the forecast period. The use of the internet and digital devices by children can be monitored and controlled by parents or other adults using parental control software. Its main goals are to safeguard kids from offensive or hazardous online information, regulate screen time, and encourage responsible online conduct. On PCs, cellphones, tablets, and other internet-connected devices, parental control software can be installed to provide a complete approach to keeping kids safe and responsible online.
According to a 2019 Common Sense Media survey, smartphone use grew among all age groups in the last four years, especially among the youngest generation. As a result of increase in parental scrutiny and regulation, social media sites have implemented parental control locking tools that help parents gauge the amount of time children spend on social media and the internet.
It is anticipated that social media platforms and applications will continue to grow rapidly and become the main source of data, interaction, and communication. The lack of knowledge and experience with social media applications may have negative effects on a child's mental health, which could worry the parents. In the past four years, smartphone use has increased across the board, but mainly among younger generations. Social media sites have incorporated parental control lockdown features that assist parents in determining how much time children spend on social media and the internet as a result of increased parental monitoring and regulation. The market for parental control software is anticipated to rise as a result.
For parents who are not proficient with technology, setting up and installing parental control software might be challenging. Some users may be put off by the complexity of installation and customization. Software for parental control may be resisted by kids and teenagers because they feel it invades their privacy and autonomy. Family disputes may result from this resistance. Additionally, children who are tech-savvy may try to get around parental control restrictions by employing virtual private networks (VPNs) or other hacks to access the blocked content.
Providers of parental control software can keep expanding their feature sets to give complete solutions. Enhancing content filtering, screen time management, social media monitoring, and location tracking, and offering insights into kids' online behaviour are some of the things that are covered. The precision and efficiency of content filtering and monitoring can be increased by utilizing artificial intelligence (AI) and machine learning techniques. These technologies can support more proactive detection and blocking of dangerous information thus creating wide range of opportunities towards the growth of the market.
Parents who believe that parental control software offers comprehensive protection for their children online may rely on it excessively. However, no program is fault-tolerant, and kids occasionally figure out how to go around or turn off these controls. Moreover, certain parental control programs may be unduly restrictive, preventing access to appropriate and scholarly websites and information. This may prevent a child from using beneficial web resources. On the other hand, certain technologies might not be able to adequately prevent hazardous content. This could undermine the software's intended aim by exposing kids to inappropriate or harmful content.
Children's learning activities were impacted worldwide by the COVID-19 pandemic's temporary shutdown of schools and other educational institutions. Around 1.3 billion pupils will be unable to attend school or university starting in March 2020, according to projections made by UNESCO. Additionally, the epidemic forced educational institutions to start offering online courses. In order to keep up with sudden changes in the educational system, many kids were given personal electronics including cellphones, tablets, computers, and more. Children's life could be badly impacted by their direct access to smart devices and their overexposure to the internet and digital platforms which has positively impacted for the growth of the parental control software market.
The android segment is estimated to have a lucrative growth, as kids spend more time using smartphones, the Android category is expected to increase quickly during the forecasted period. Additionally, low-income parents can now buy smartphones for their children's education, which is predicted to increase demand for parental control apps built on the Android operating system. Similar to this, a number of firms are providing cross-platform/multiplatform software to conveniently monitor entertainment platforms on all home devices, fuelling demand for this type of software.
The educational institutes segment is anticipated to witness the highest CAGR growth during the forecast period, due to an increase in government initiatives to support digital education, educational institutions are also increasingly embracing the program. Governments are concentrating on putting this software in place to protect students' internet communications. With the use of this software, educational institutions can keep an eye on their students' online activity and prevent them from accessing any inappropriate websites, content, or applications.
North America is projected to hold the largest market share during the forecast period owing to the region's early embrace of digitalization in the education industry. The popularity of this software in North America is accelerating due to strict government rules addressing kids' online safety. To protect children's information, for instance, regulations like the Children Online Privacy Protection Act (COPPA) in the U.S. Parents are becoming increasingly concerned about the number of online crimes like child abuse, cyberbullying, and sexual harassment, which has raised awareness of the necessity of installing this software on a child's device.
Asia Pacific is projected to have the highest CAGR over the forecast period, owing to the rise in internet penetration, which is being fuelled by attempts to promote digital literacy and expand access to low-cost smartphones. The need for parental control software has grown as internet access among kids and teenagers has increased. The economies of many APAC nations are expanding, which has resulted in a rise in the middle class and improved access to technology. These households are more likely to spend money on digital toys and parental control apps for their kids.
Some of the key players profiled in the Parental Control Software Market include: Alphabet Inc., AO Kaspersky Lab, AT&T, Avast Software s.r.o., Bitdefender, BullGuard, Cisco System Inc., Content Watch Holdings, Inc., Google, McAfee LLC, Netsanity, Inc., NortonLifeLock Inc., Qustodio LLC, SaferKid, Symantec Corporation, T-Mobile USA, Inc., Verizon and Webroot Inc.
In September 2023, Kaspersky Digital Footprint Intelligence expands brand protection capabilities with update. The updated solution can now monitor, detect and takedown fake accounts on Facebook, Snapchat, Instagram and Twitter as well as fake applications in AppStore and GooglePlay.
In August 2023, Bitdefender completes acquisition of Horangi Cyber Security, the acquisition expands the attack surface monitoring capabilities of Bitdefender's product and services portfolio and allows business customers worldwide to overcome a broader range of cybersecurity challenges.
In August 2023, Bitdefender Enhances Security for iOS Devices with Proactive Protection against Text Messaging and Calendar Scams, the new technology protects users from phishing scams delivered through SMS/MMS messages and calendar invites.