Rise in Smartphone Ownership to Increase Demand for Mindfulness Meditation Apps – Fact.MR Survey

250-page market study on mindfulness meditation apps by Fact MR, a leading business and competitive intelligence provider

ICT companies are widely adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue to work from home. The emphasis on rapid automation, the use of real-time operation in various end-use sectors such as automotive, food and beverage and others will drive growth.

The report offers actionable and valuable insights into the Mindfulness Meditation Apps market. The latest report from Fact.MR provides details about the current market scenario across different regions along with the historical data and forecast of the market. The report also includes insights on sales and demand for the Mindfulness Meditation Apps market across various industries and regions.

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Market research by Fact.MR gives exclusive insights on market growth. The study identifies crucial trends driving the growth of the Mindfulness Meditation Apps market. This newly released report sheds light on vital dynamics, such as drivers, restraints, and opportunities for major market players as well as emerging players associated with production and supply. Latest Fact.MR Report Provides Detailed Analysis of Mindfulness Meditation Apps Market

This newly released and insightful report sheds light on the Mindfulness Meditation Apps Market insights, key dynamics, their impact on the overall value chain from vendors to end users and Mindfulness Meditation Apps Market growth. consciousness..

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Key Segments Covered by the Mindfulness Meditation Apps Industry Survey

  • By operating system:
    • Mindfulness meditation apps for iOS
    • Mindfulness meditation apps for Android
    • Mindfulness meditation apps for other operating systems
  • By type:
    • Paid mindfulness meditation apps
    • Free mindfulness meditation apps

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Key insights from market research

  • By type, preference for free mindfulness meditation apps is growing, accounting for 40% of revenue share
  • Simultaneously, demand for paid mindfulness meditation apps is expected to grow at nearly 8% CAGR
  • Rising anxiety levels bolster use in the US, registering a CAGR of over 5% through 2031
  • India is likely to see an upsurge of around 7% CAGR, due to the dominance of yoga in the region

“Increased work stress, peer pressure and personal relationship issues have encouraged today’s youth to embrace mindful practices,” says an analyst at Fact.MR.

Competitive landscape

The major players in the market are focusing on new ideas and methods to grab a bigger market share. Players take various initiatives to make their product unique from their competitor. Moreover, they are also opting for acquisitions and collaborations to establish their dominance in the global market.

  • In August 2021, Headspace, a globally recognized British-American player providing online meditation services, and Ginger, announced their decision to merge. The two companies together formed “Headspace Health”, worth 3 billion USD.
  • In October 2021, Breethe, a globally popular meditation app, announced that it had collaborated with WW International, Inc., a human-centric technology company powered by the cutting-edge commercial weight management program around the world, to raise awareness of stress management and the mindset that encourages individuals to pursue a healthy lifestyle.

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Key Question Answered in Mindfulness Meditation Apps Market Report Survey:

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  • Mindfulness meditation app market growth
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More valuable insights into Mindfulness Meditation Apps Market

Fact.MR, in its new report, offers an unbiased analysis of the mindfulness meditation apps market, sales and demand for mindfulness meditation apps, analyzing forecast statistics to 2019 and beyond . The study reveals growth projections based on various criteria.

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