A recent study by Fact.MR on the mindfulness meditation apps market offers a 10-year forecast for 2021 to 2031.
The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of mindfulness meditation apps across the globe.
A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of mindfulness meditation apps during the forecast period. Price point comparison by region with global average price is also considered in the study.
Key Segments Covered
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Operating System
- Mindfulness Meditation Apps for iOS
- Mindfulness Meditation Apps for Android
- Mindfulness Meditation Apps for Other Operating Systems
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Type
- Paid Mindfulness Meditation Apps
- Free Mindfulness Meditation Apps
Corporate Spheres Turning to Meditation Apps – A Key Opportunity to Tap
High-performing workplaces, with a greater realization of importance of employee well-being, have also started incorporating meditation sessions and are highly relying on mindfulness meditation applications to achieve the same. Headspace, Calm, and other prominent players in market are eyeing profitable opportunities across corporate ecosystems. For instance, Headspace currently serves a clientele of nearly 250 corporates and the number is expected to grow exponentially in the near future. This trend has been prevalent for quite some time and is likely to intensify in the foreseeable years, as corporate offices have started overseeing employee well-being.
According to the study, download of mindfulness meditation application on android devices will continue to be way higher than that on IOS devices, with revenues estimated to value ~US$ 74 Mn. Android continues to rule as one of the widely-used operating systems offering innumerable options for versatility and customization, unlike IOS and other OS variants having several usage-centric restrictions. Consumers will continue showing marked inclination toward free services over paid ones, given that consumers are always on the lookout for free services with peak functionality.
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