About Jet Lag Therapy APP
The United States jet lag therapy app market is expected to grow at a healthy pace during the forecast period, according to the AMA study. The rising demand for luxurious & healthy lifestyle and the increasing number of travelers are expected to be some of the major factors aiding the growth of the market. However, the market is expected to witness a decline in growth during FY 2020 but it is again expected to rise at a healthy pace after the COVID-19 pandemic is over.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The vendors in this market are majorly focusing on developing innovative products and solutions in order to cater to the market's demands to remain competitive in the global market. According to the recent global industry crisis due to the outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries have been shut down for an ambiguous period of time. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Jet Lag Therapy APP market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Entrain (United States), Uplift (United States), HEADSPACE INC. (United States), Timeshifter Inc. (United States), Sleep Cycle (United States), Jet Lag Rooster (United States) and American Academy of Sleep Medicine (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Jet Lag Therapy APP market by , Application (Business Travelers, Cabin Crew, Athletes, Seasonal Trailers and Others) and Region.
On the basis of geography, the market of Jet Lag Therapy APP has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Enterprise Size, the sub-segment i.e. SMEs will boost the Jet Lag Therapy APP market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform, the sub-segment i.e. Smartphones will boost the Jet Lag Therapy APP market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. On-Premise will boost the Jet Lag Therapy APP market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Implementation of Artificial Intelligence (AI) in Jet Lag Therapy Apps
Market Growth Drivers:
The Growing Demand for Luxurious & Healthy Lifestyle and Rising Number of Travelling Users
Challenges:
Reduced Number of Travellers Across the World Owing to COVID-19 Pandemic
Restraints:
Availability of Open Source Apps
Opportunities:
Deployment of Cloud-based Apps Propelled by Increasing Penetration of Smartphones & Tablets
Market Leaders and their expansionary development strategies
In April 2018, SleepScore Labs, the company behind the non-contact sleep improvement system for consumers, SleepScore Max, announced it has acquired Netherlands-based digital health company Sleep.ai to help consumers know if they snore or grind their teeth during sleep.
In April 2020, Philips launched Sleep and Wake-up Light with Jet Lag Therapy.
Stringent Government Regulations Regarding Shutting Down of Operations Across Different Industries Worldwide Due to the COVID-19 Pandemic is Impacting the Demand for Jet Lag Therapy Apps
Analyst View
Since the COVID-19 virus outbreak in December 2019, the disease has spread to more than 200 countries across the world along with the World Health Organization declaring it a public health emergency. The impact of the COVID-19 has already hit many industries and will affect the United States Jet Lag Therapy App market in FY 2020. The outbreak of COVID-19 has brought effects on many aspects, like scheduled public transportation cancellations; downfall in the real estate sector; travel bans and quarantines; closed operations across hotels & restaurants; banning of public gatherings & events; large slow-down in the supply chain of different markets; stock market unpredictability; declining business assurance, and uncertainty in the future market dynamics.
Key Target Audience
Manufacturers Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.