Mindfulness Meditation Application Market By Service Type, By Deployment Model, By Operating System: Global Opportunity Analysis and Industry Forecast, 2021-2031

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: MINDFULNESS MEDITATION APPLICATION MARKET, BY SERVICE TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Paid (In-App Purchase)
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 Free
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country

CHAPTER 5: MINDFULNESS MEDITATION APPLICATION MARKET, BY DEPLOYMENT MODEL
5.1 Overview
5.1.1 Market size and forecast
5.2 Cloud Based
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 On Premises
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country

CHAPTER 6: MINDFULNESS MEDITATION APPLICATION MARKET, BY OPERATING SYSTEM
6.1 Overview
6.1.1 Market size and forecast
6.2 iOS
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 Android
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4 Others
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country

CHAPTER 7: MINDFULNESS MEDITATION APPLICATION MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Service Type
7.2.3 North America Market size and forecast, by Deployment Model
7.2.4 North America Market size and forecast, by Operating System
7.2.5 North America Market size and forecast, by country
7.2.5.1 U. S.
7.2.5.1.1 Key market trends, growth factors and opportunities
7.2.5.1.2 Market size and forecast, by Service Type
7.2.5.1.3 Market size and forecast, by Deployment Model
7.2.5.1.4 Market size and forecast, by Operating System
7.2.5.2 Canada
7.2.5.2.1 Key market trends, growth factors and opportunities
7.2.5.2.2 Market size and forecast, by Service Type
7.2.5.2.3 Market size and forecast, by Deployment Model
7.2.5.2.4 Market size and forecast, by Operating System
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Service Type
7.3.3 Europe Market size and forecast, by Deployment Model
7.3.4 Europe Market size and forecast, by Operating System
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Key market trends, growth factors and opportunities
7.3.5.1.2 Market size and forecast, by Service Type
7.3.5.1.3 Market size and forecast, by Deployment Model
7.3.5.1.4 Market size and forecast, by Operating System
7.3.5.2 Italy
7.3.5.2.1 Key market trends, growth factors and opportunities
7.3.5.2.2 Market size and forecast, by Service Type
7.3.5.2.3 Market size and forecast, by Deployment Model
7.3.5.2.4 Market size and forecast, by Operating System
7.3.5.3 France
7.3.5.3.1 Key market trends, growth factors and opportunities
7.3.5.3.2 Market size and forecast, by Service Type
7.3.5.3.3 Market size and forecast, by Deployment Model
7.3.5.3.4 Market size and forecast, by Operating System
7.3.5.4 Spain
7.3.5.4.1 Key market trends, growth factors and opportunities
7.3.5.4.2 Market size and forecast, by Service Type
7.3.5.4.3 Market size and forecast, by Deployment Model
7.3.5.4.4 Market size and forecast, by Operating System
7.3.5.5 UK
7.3.5.5.1 Key market trends, growth factors and opportunities
7.3.5.5.2 Market size and forecast, by Service Type
7.3.5.5.3 Market size and forecast, by Deployment Model
7.3.5.5.4 Market size and forecast, by Operating System
7.3.5.6 Rest of Europe
7.3.5.6.1 Key market trends, growth factors and opportunities
7.3.5.6.2 Market size and forecast, by Service Type
7.3.5.6.3 Market size and forecast, by Deployment Model
7.3.5.6.4 Market size and forecast, by Operating System
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Service Type
7.4.3 Asia-Pacific Market size and forecast, by Deployment Model
7.4.4 Asia-Pacific Market size and forecast, by Operating System
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Key market trends, growth factors and opportunities
7.4.5.1.2 Market size and forecast, by Service Type
7.4.5.1.3 Market size and forecast, by Deployment Model
7.4.5.1.4 Market size and forecast, by Operating System
7.4.5.2 Japan
7.4.5.2.1 Key market trends, growth factors and opportunities
7.4.5.2.2 Market size and forecast, by Service Type
7.4.5.2.3 Market size and forecast, by Deployment Model
7.4.5.2.4 Market size and forecast, by Operating System
7.4.5.3 India
7.4.5.3.1 Key market trends, growth factors and opportunities
7.4.5.3.2 Market size and forecast, by Service Type
7.4.5.3.3 Market size and forecast, by Deployment Model
7.4.5.3.4 Market size and forecast, by Operating System
7.4.5.4 South Korea
7.4.5.4.1 Key market trends, growth factors and opportunities
7.4.5.4.2 Market size and forecast, by Service Type
7.4.5.4.3 Market size and forecast, by Deployment Model
7.4.5.4.4 Market size and forecast, by Operating System
7.4.5.5 Rest of Asia-Pacific
7.4.5.5.1 Key market trends, growth factors and opportunities
7.4.5.5.2 Market size and forecast, by Service Type
7.4.5.5.3 Market size and forecast, by Deployment Model
7.4.5.5.4 Market size and forecast, by Operating System
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Service Type
7.5.3 LAMEA Market size and forecast, by Deployment Model
7.5.4 LAMEA Market size and forecast, by Operating System
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Key market trends, growth factors and opportunities
7.5.5.1.2 Market size and forecast, by Service Type
7.5.5.1.3 Market size and forecast, by Deployment Model
7.5.5.1.4 Market size and forecast, by Operating System
7.5.5.2 Middle East
7.5.5.2.1 Key market trends, growth factors and opportunities
7.5.5.2.2 Market size and forecast, by Service Type
7.5.5.2.3 Market size and forecast, by Deployment Model
7.5.5.2.4 Market size and forecast, by Operating System
7.5.5.3 Africa
7.5.5.3.1 Key market trends, growth factors and opportunities
7.5.5.3.2 Market size and forecast, by Service Type
7.5.5.3.3 Market size and forecast, by Deployment Model
7.5.5.3.4 Market size and forecast, by Operating System

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Players
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 Inner Explorer, Inc.
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Headspace, Inc.
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Calm. com, Inc.
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Ten Percent Happier
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Smiling Mind
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 The Mindfulness App
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Simple Habit, Inc.
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Stop, Breathe, & Think PBC
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Meditation Moments B. V.
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Mindfulness Everywhere Ltd.
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments

Executive Summary

According to this report, titled, 'Mindfulness Meditation Application Market,' The mindfulness meditation application market was valued at $97.60 million in 2021, and is estimated to reach $307.1 million by 2031, growing at a CAGR of 12.4% from 2022 to 2031.

The usage of mindfulness meditation apps prevents people from reacting inappropriately or becoming overstimulated in tough circumstances. This program enables the investigation of the inner workings of the mind. This application also includes experimenting with various feelings brought on by actions like breathing or inhaling aromas.

Key factors driving the growth of the mindfulness meditation application market include growing awareness related to stable mental health, government initiatives in promoting yoga and meditation, and increasing adoption of smartwatch technologies The rising utilization of smart devices such as smart bands, smartwatches, and fitness tracking devices and growing reliance on the digital platform, together with the changing consumer preferences brought about by the integration of sensor technologies, are factors supporting the positive outlook for this market. China, the U.S., Japan, South Korea, and European consumers are expected to be increasingly inclined to fuel the demand for the mindfulness meditation applications market.

The market also offers growth opportunities to the key players in the market. Demand for self-help applications is rising as people shift their attention to living mindfully and recognize the value of managing stress and anxiety as well as the negative impacts of sleeplessness and panic attacks. The market for mindfulness meditation applications has further opportunity to develop as a result of increased smartphone, Internet, and broadband usage, as well as rising client demands for everywhere and anytime content and services, surging income, and rising self-help app acceptance.

The global mindfulness meditation application market research is segmented into service type, deployment model, operating system, and regions. Based on service type, the market is bifurcated into paid (in-app purchase) and free. By deployment model, it is divided into on-premises and cloud-based. Based on the operating system the market is segmented into iOS, Android, and others Region-wise, the mindfulness meditation application market trends are analyzed across North America (U.S. and Canada), Europe (Germany, Italy, France, Spain, UK, and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

The key players profiled in the study include Calm.com, Inc., Headspace, Inc., Inner Explorer, Inc., Meditation Moments B.V., Mindfulness Everywhere Ltd., Simple Habit, Inc., Smiling Mind, Stop, Breathe, & Think PBC, Ten Percent Happier and The Mindfulness App. The players in the market have been actively engaged in the adoption of various strategies such as acquisition, nonprofit initiatives, and product launches to remain competitive and gain an advantage over the competitors in the market. For instance, in February 2022, the Calm app obtains Ripple Health Group, a healthcare technology company working to make connections with adequate healthcare. After the purchase, the Ripple team would concentrate on developing Calm Health, which will replace Calm's current employer product, Calm for Business.

Key Market Insights

By service type, the paid (in-app purchase) segment is estimated to reach $83.95 million by 2031. However, the free segment is estimated to be the dominating segment with a CAGR of 11.7% during the forecast period.

By the deployment model, the on-premises segment is estimated to reach $83.91 million by 2031. However, the cloud-based segment is expected to be the fastest-growing segment during the mindfulness meditation application market forecast.

Based on the operating system, the android and iOS segments collectively accounted for around 98.45% market share in 2021, with the former constituting around 51.66% share.

Based on region, Asia-Pacific and North America collectively accounted for around 79.8% share in 2021, with the former constituting around 47.6% share. Asia-Pacific and Europe are expected to witness considerable CAGRs of 12.7% and 12.69%, respectively, during the forecast period.

Companies Mentioned

• Inner Explorer, Inc.
• Headspace, Inc.
• Calm.Com, Inc.
• Ten Percent Happier
• Smiling Mind
• the Mindfulness App
• Simple Habit, Inc.
• Stop, Breathe, & Think Pbc
• Meditation Moments B.V.
• Mindfulness Everywhere Ltd.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.