What is the global market size of Mindfulness Meditation Apps Market?

Global Mindfulness Meditation Apps Market size was valued at USD 97.6 billion in 2021 and is poised to grow from USD 109.8 billion in 2022 to USD 307.1 billion by 2030, growing at a CAGR of 12.4% in the forecast period (2023-2030).

Mindfulness Meditation Apps Market Size, Share, Growth Analysis, By Operating System(IOS, Android, Others), By Service Type(Paid and Free), By Application(0 – 5 years, 6 – 12 years, 13 – 18 years, and 19 years and above), By Region - Industry Forecast 2025-2032

Report ID: SQMIG45E2085 | Region: Global | Published Date: February, 2024
Pages: 286 | Tables: 89 | Figures: 76

Mindfulness Meditation Apps Market News

In February 2022, Headspace announced the acquisition of Sayana, an Al-driven mental health and wellness company, in order to expand its mindfulness meditation business.

In October 2021, in order to improve their ability to provide mental healthcare, Headspace, a global leader in mindfulness and meditation, and Ginger, a pioneer in on-demand mental healthcare services, announced that they had signed a binding agreement to join.

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Mindfulness Meditation Apps Market size was valued at USD 97.6 billion in 2019 and is poised to grow from USD 109.8 billion in 2023 to USD 307.1 billion by 2031, growing at a CAGR of 12.4% in the forecast period (2024-2031).

Several companies in the mindfulness meditation app are concentrating on providing different features that are likely to provide them an advantage over their rivals. The majority of businesses are concentrating on brand development, portfolio expansion, delivery, investments, acquisitions, and expansion. Major firms also enjoy a dominant position in the worldwide market and a sizable consumer base, giving them an advantage over their competitors. 'Headspace Inc.', 'Calm.com Inc.', 'Simple Habit Inc.', 'Insight Timer', 'Stop, Breathe & Think PBC', 'Aura Health Inc.', 'Ten Percent Happier', 'Smiling Mind', 'The Mindfulness App', 'Breethe', 'Sattva Meditations & Mantras', 'Meditopia', 'Buddhify', 'Mindbody Inc.', 'Happify Inc.', 'Mindful Living Network', 'Fitbit Inc.', 'Sanvello Health Inc.', 'MyLife Inc.', 'Shine App Ltd.'

Consumers actively rely on smart applications for relief as a result of increased stress levels and decreasing attention levels. The convergence of academic curricula and mental health education is giving market players new chances to accelerate the growth of the target market. These apps are being used by universities and institutions to rewire students' learning process to support their academic success.

The market is expected to grow significantly over the course of the forecasted period. Due to chaotic everyday life, people have been seeking tranquility in recent years, which has greatly boosted their understanding of meditation. Long work hours and the rise of nuclear families to take care of young children and domestic duties both worsen mental illnesses. Mindfulness and meditation are currently being used to treat mental illnesses that cannot be addressed medically. Several software companies have benefited from this potential over the years by developing meditation apps that assure users' mindfulness will be renewed and renewed.

Asia Pacific is anticipated to contribute to the global market growth during the forecast period. As this method of reducing daily stress grows in acceptance, there is a likelihood that the market in APAC will expand. In terms of the usage of health and wellness digital platforms, such as mindfulness meditation apps, India is on par with the rest of the globe, and many of the top developed market app developers have already set up captives and development facilities there. India now commands more attention in the technical world, and sales of mindfulness meditation apps in South Asia are at all-time highs.

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Mindfulness Meditation Apps Market Size, Share, Growth Analysis, By Operating System(IOS, Android, Others), By Service Type(Paid and Free), By Application(0 – 5 years, 6 – 12 years, 13 – 18 years, and 19 years and above), By Region - Industry Forecast 2025-2032

Mindfulness Meditation Apps Market News

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