About Mindfulness Meditation Application
Over the past few years, Meditation is slowly becoming a part of every day lives thus use of mindfulness meditation application will lead the market. The use of mindfulness meditation apps to help identify how a person is feeling in order to check his/her anxiety and reduce stress with the guided meditations has increased the demand for these apps. These apps are an application, which can be downloaded on any mobile device and used anywhere to get fit. The growing occurrence of mental sicknesses, and increasing the need for meditation for keeping the brain healthy will increase the market adoption in mindfulness meditation apps.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The increasing number of small and medium-sized app developing companies will create huge market competition among the existing players Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Mindfulness Meditation Application 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.
Mindfulness Everywhere Ltd. (United Kingdom), Headspace (United Kingdom), Insights Network, Inc (United States), YogaGlo, Inc. (United States), 10% Happier (United States), Smiling Mind (Australia), Inner Explorer, Inc. (United States), Stop, Breathe, & Think PBC, and Simple Habit, Inc. (United States) and Committee for Children (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Mindfulness Meditation Application market by Type (Sophrology, Kundalini Yoga, Mindful Fitness Surges and Others), Application (Mood Disorders, Anxiety Disorders, Healthcare and Others) and Region.
On the basis of geography, the market of Mindfulness Meditation Application 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 Device Support, the sub-segment i.e. Mobile /Tabs will boost the Mindfulness Meditation Application market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by OS Support, the sub-segment i.e. IOS will boost the Mindfulness Meditation Application market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Corporate will boost the Mindfulness Meditation Application market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging Use of AI and AR Technologies
Market Growth Drivers:
The Growing Ageing Population across the Globe, The Rising Incidences of Mental Disorders and Increasing Stress Level in the Working People
Challenges:
Lack of Awareness among the People
Restraints:
High Cost Associated with Mindfulness Meditation Application
Opportunities:
Emerging Demand In Developing Countries, APAC Regions
Market Leaders and their expansionary development strategies
In January 2024, 7NXT, parent company of D2C fitness and nutrition platform Gymondo, acquired meditation and mindfulness app 7Mind.
In March 2024, Headspace Launches Immersive Mindfulness and Meditation App, ‘Headspace XR.Headspace XR incorporates both fully immersive VR and mixed reality experiences that blend the physical and digital worlds.
Key Target Audience
Mindfulness Meditation Application Developers, Potential Technology Investors, Regulatory & Government Bodies, End Users 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.