KD Market Insights has published a report on global Mindfulness Meditation Apps market research report. The report offers valuable market insights drivers which would aid the industry leaders to develop and line up their market strategies supported by reliable and accurate data. According to KD Market Insights report, the global Mindfulness Meditation Apps market is expected to grow at a CAGR of 7.8% during the forecast period i.e. 2020-2025. The market is anticipated to capture a market opportunity of USD 2.1 Billion between 2020 & 2025.The report covers a detailed chapter on market segmentation of Mindfulness Meditation Apps market covering market segments by operating system, and end -use.
The report offers an exhaustive analysis of the market trends, opportunities, growth areas and industry drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Rising Use of Smartwatches & Smart Screens
With the growing levels of stress and shrinking level of attention becoming more of a broader issue among the people, they rely on the smart applications for relief. Thus, along with the rising use of smartwatches and smartphones, meditation apps have become a new norm for closely monitoring mental health and well-being among the people. Further, this growing adoption of mindfulness meditation apps among consumers with the rising usage of smartwatches & smartphones is expected to drive the demand for the global market over the upcoming years.
Increasing Number of People Suffering from Mental Health Disorders
The market for mindfulness meditation apps is estimated to grow with the rising health concerns and a growing number of peoples who are suffering from mental health disorders. It’s considered that older adults are more inclined to various diseases and mental health disorders. Thus, with the rise in the aging population across the globe, the market is anticipated to grow at a significant rate. In the U.S. more than 53% of senior citizens meditate at least once a week. Further, increasing focus towards meditation apps among adults is projected to drive the global market in the near future.
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This research report studied the Mindfulness Meditation Apps market to forecast the revenues and analyze the trends in 5 regions i.e. North America, Europe, Asia Pacific, Latin America and Middle East & Africa. This chapter of the report presents a comparison between emerging regions and developed regions to highlight the key factors and industry trends impacting the overall Mindfulness Meditation Apps market. Country analysis is also covered for various major economies across various regions:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
This study evaluates and categorizes the key vendors in the Mindfulness Meditation Apps market. The key companies published in the report include among others, Smiling Mind, Calm, Headspace, Inner Explorer, Inc., Committee for Children, Stop, Breathe, & Think PBC, The Mindfulness App, Mindfulness Everywhere, Ten Percent Happier, Breethe, and other major & niche players.
The competitive strategic window analyses the competitive landscape in terms of the market share and company profiles of major vendors. This section provides company’s metrics such as business strategy and performance such as financials, sales breakup by segment and by geography, SWOT Analysis, company snapshot, business strategy, key product offerings, marketing and distribution strategies, recent news & development and other market activities.
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