According to a new research study by Fact.MR, the mindfulness meditation application market was valued at ~US$ 134 Mn in 2018, and is estimated to grow by ~7% Y-O-Y in 2019. Influenced by a multitude of factors, spanning from ubiquity of ‘self-care’ trend to growing practice of mental health exercises, the market for mindfulness meditation application is likely to see strong growth over the years to come. Growing preference for meditation as a viable method to unwind is serving as a major sales propellant of mindfulness meditation application market.
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Heavy reliance on mobile applications for seamless management of daily routines is complementing growth strides of mindfulness meditation application market. Mindfulness is mainstreaming as a key element in reducing stress and nourishing tranquility, which is further creating revenue-making opportunities for brands. “Convergence of educational curriculums with mindfulness meditation sessions is one of the prominent trends making its mark, uplifting the revenues of companies offering mindfulness meditation or similar applications”, suggests the Fact.MR report.
The Mindfulness Meditation Apps market study outlines the key regions – North America, Latin America, Europe, Japan, APEJ, and MEA – alongwith the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are Deep Relax, Smiling Mind, Inner Explorer Inc., Committee for Children, Stop, Breathe, & Think PBC, The Mindfulness App, Mindfulness Everywhere Ltd., Ten Percent Happier, Breethe, Insights Network Inc., Calm.com Inc., Others.
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The Mindfulness Meditation Apps market report addresses the below-mentioned queries:
• Why are vendors shifting away from traditional methods of manufacturing Mindfulness Meditation Apps?
• How does the global Mindfulness Meditation Apps market looks like in the next five years?
• Which end use industry is expected to surpass segment by the end of 2029?
• What innovative products are being introduced by the players in the global Mindfulness Meditation Apps market?
• Which regions are showing the fastest market growth?
Number of Investors in Mindfulness Meditation Application Market by App Developers
• Revenue Breakup by Type
• Program Contracts
• Fundraising
• Others
Expenses Breakup by Type
• Program Contracts
• Fundraising
• General Administration
Consumer of Mobile Fitness Applications by Language
• Self Care Apps Added to App Store, 2014-2018
• IOS
• Android
• Others
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Crucial insights in the Mindfulness Meditation Apps market research:
• Underlying macro- and microeconomic factors impacting the growth of the Mindfulness Meditation Apps market.
• Basic overview of the Mindfulness Meditation Apps, including market definition, classification, and applications.
• Scrutinization of each Mindfulness Meditation Apps market player based on mergers & acquisitions, R&D projects, and product launches.
• Adoption trend of Mindfulness Meditation Apps across various industries.
• Important regions and countries offering lucrative opportunities to Mindfulness Meditation Apps market stakeholders.
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