Mindfulness Meditation Apps market is anticipated to grow at a significant CAGR of 10.4% during the forecast period. Mindfulness meditation applications provide the tools that put meditation concepts into practice. Such applications include breathing exercises, yoga, and guided lessons to help the user become aware of his bodily sensations, thoughts, and feelings. The growing adoption of meditation as a practice to eliminate the effects of unhealthy lifestyles in youths has encouraged the promotion of the usage of meditation apps. According to the World Health Organization, depression is a common illness worldwide, with an estimated 3.8% of the population affected, including 5.0% among adults and 5.7% among adults older than 60 years. Further, approximately 280 million people in the world have depression. The growing prevalence of finance-related issues, marital troubles, and work-related stress have all contributed to an individual's stress level rising. This is an important factor anticipated to increase the use of mindfulness medication applications. Further growing investment in the meditation-related application and the growing number of start-ups in the domain are driving the market growth.
For instance, in December 2020, Calm, a well-known meditation app, raised new capital at a valuation of $2 billion. The round was anticipated after the company was reported to be hunting for up to $150 million at a valuation of $2.2 billion. The investment came after mental health-focused startups as a category has performed well from a venture capital perspective.
In January 2022, Mindfulness studio, Open, closed a $9M Series an investment round, building on a $5.5M Seed round for a total of $14.5 fundraise. Open is a mindfulness studio offering experiences that combine breathwork, meditation, yoga, Pilates, and more to support transformation and personal development. Since launching in 2020, Open set out to build an ecosystem to meet people where they are at—anywhere, anytime, every level, on or offline.
Segmental Outlook
The global Mindfulness Meditation Apps market is segmented based on the operating system, service type, and age group. Based on the operating system, the market is segmented into android, ios, and others. Based on the service type, the market is sub-segmented into the paid-in app, and purchases free. Based on the age group, the market is sub-segmented into the 6–12 Years Old,13–18 Years Old, and 19 Above. Among service types, purchase free segment holds the largest share of the market and is anticipated to dominate growth during the forecast period. Easy access to the content of the application, free availability of the application are primary factors driving the market growth of mindfulness meditation apps in the market.
Regional Outlooks
The global Mindfulness Meditation Apps market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America).
Global Mindfulness Meditation Apps Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Hold a Considerable Share in the Global Mindfulness Meditation Apps Market during the Forecast Period.
At present North America holds the dominant share in the market, however, the Asia Pacific region is anticipated to register the fastest growth during the forecast period. The factors such as the growing number of mobile users, large population, and increasing number of start-ups in the domain of meditation-related applications in India, China, and other Asia Pacific region are primary factors driving the market growth of the region. For instance, in Feb 2022, Headspace, a global leader in mindfulness and meditation launched its first digital company in India “Be Kind to Your Mind”. Through this campaign, Headspace is focused to encourage people to confront their innermost thoughts and feelings. Further Time Bridge, the global investment and Venture arm of the time group, announced an investment in 2020. The membership of Headspace has grown by 50% since its launch in India.
In September 2021, The Heartfulness Institute has launched the HeartinTune app, a guided meditation app to support people in making meditation a daily habit and help relieve stress and anxiety, while increasing focus and promoting calmness.
Market Players Outlook
The major companies serving the global Mindfulness Meditation Apps market include Headspace Inc. Breethe, Smiling Mind, Inner Explorer Inc., Stop, Breathe & Think PBC, Mindfulness Everywhere Ltd., and Others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in October 2021, Breethe, a global meditation, and mental wellness app announced That it has partnered with WW International, Inc., a human-centric technology company powered by the world's leading commercial weight management program, to promote the importance of stress management and mindset in building healthy, sustainable habits.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Key Strategy Analysis
4. Market Segmentation
4.1. Global Mindfulness Meditation Apps Market by Operating System
4.1.1. Android
4.1.2. iOS
4.1.3. Others
4.2. Global Mindfulness Meditation Apps Market by Service Type
4.2.1. Paid-in App
4.2.2. Purchases Free
4.3. Global Mindfulness Meditation Apps Market by Age Group
4.3.1. 6–12 Years Old
4.3.2. 13–18 Years Old
4.3.3. 19 Above
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Breethe
6.2. Calm.com Inc.
6.3. Headspace Inc.
6.4. Inner Explorer Inc.
6.5. Insights Network Inc.
6.6. Meditation Moments B.V
6.7. Mindfulness Everywhere Ltd.
6.8. Simple Habit Inc.
6.9. Smiling Mind
6.10. Stop, Breathe & Think PBC
6.11. Ten Percent Happier
1. GLOBAL MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY OPERATING SYSTEM, 2021-2028 ($ MILLION)
2. GLOBAL Android MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL iOS MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL Others MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY SERVICE TYPE, 2021-2028 ($ MILLION)
6. GLOBAL Paid-in MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL Purchases Free MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY AGE GROUP, 2021-2028 ($ MILLION)
9. GLOBAL MINDFULNESS MEDITATION APPS MARKET FOR 6–12 Years Old RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS FOR 13–18 Years Old BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY D4, 2021-2028 ($ MILLION)
12. GLOBAL MINDFULNESS MEDITATION APPS MARKET FOR p1 RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL MINDFULNESS MEDITATION APPS MARKET FOR p2 RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL MINDFULNESS MEDITATION APPS MARKET FOR p3 RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL MINDFULNESS MEDITATION APPS MARKET FOR 19 Above RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
17. NORTH AMERICAN MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. NORTH AMERICAN MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY OPERATING SYSTEM, 2021-2028 ($ MILLION)
19. NORTH AMERICAN MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY SERVICE TYPE, 2021-2028 ($ MILLION)
20. NORTH AMERICAN MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY AGE GROUP, 2021-2028 ($ MILLION)
21. EUROPEAN MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. EUROPEAN MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY OPERATING SYSTEM, 2021-2028 ($ MILLION)
23. EUROPEAN MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY SERVICE TYPE, 2021-2028 ($ MILLION)
24. EUROPEAN MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY AGE GROUP, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY OPERATING SYSTEM, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY SERVICE TYPE, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY AGE GROUP, 2021-2028 ($ MILLION)
29. REST OF THE WORLD MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
30. REST OF THE WORLD MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY OPERATING SYSTEM, 2021-2028 ($ MILLION)
31. REST OF THE WORLD MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY SERVICE TYPE, 2021-2028 ($ MILLION)
32. REST OF THE WORLD MINDFULNESS MEDITATION APPS MARKET RESEARCH AND ANALYSIS BY AGE GROUP, 2021-2028 ($ MILLION)
1. GLOBAL MINDFULNESS MEDITATION APPS MARKET SHARE BY OPERATING SYSTEM, 2021 VS 2028 (%)
2. GLOBAL Android MINDFULNESS MEDITATION APPS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
3. GLOBAL iOS MINDFULNESS MEDITATION APPS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
4. GLOBAL Others MINDFULNESS MEDITATION APPS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
5. GLOBAL MINDFULNESS MEDITATION APPS MARKET SHARE BY SERVICE TYPE, 2021 VS 2028 (%)
6. GLOBAL PAID_IN MINDFULNESS MEDITATION APPS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL Purchases Free MINDFULNESS MEDITATION APPS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL MINDFULNESS MEDITATION APPS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL MINDFULNESS MEDITATION APPS MARKET SHARE BY AGE GROUP, 2021 VS 2028 (%)
10. GLOBAL MINDFULNESS MEDITATION APPS MARKET SHARE FOR 6–12 Years Old BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL MINDFULNESS MEDITATION APPS MARKET SHARE FOR 13–18 Years Old BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL MINDFULNESS MEDITATION APPS MARKET SHARE FOR 19 Above BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL MINDFULNESS MEDITATION APPS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. US MINDFULNESS MEDITATION APPS MARKET SIZE, 2021-2028 ($ MILLION)
15. CANADA MINDFULNESS MEDITATION APPS MARKET SIZE, 2021-2028 ($ MILLION)
16. UK MINDFULNESS MEDITATION APPS MARKET SIZE, 2021-2028 ($ MILLION)
17. FRANCE MINDFULNESS MEDITATION APPS MARKET SIZE, 2021-2028 ($ MILLION)
18. GERMANY MINDFULNESS MEDITATION APPS MARKET SIZE, 2021-2028 ($ MILLION)
19. ITALY MINDFULNESS MEDITATION APPS MARKET SIZE, 2021-2028 ($ MILLION)
20. SPAIN MINDFULNESS MEDITATION APPS MARKET SIZE, 2021-2028 ($ MILLION)
21. REST OF EUROPE MINDFULNESS MEDITATION APPS MARKET SIZE, 2021-2028 ($ MILLION)
22. INDIA MINDFULNESS MEDITATION APPS MARKET SIZE, 2021-2028 ($ MILLION)
23. CHINA MINDFULNESS MEDITATION APPS MARKET SIZE, 2021-2028 ($ MILLION)
24. JAPAN MINDFULNESS MEDITATION APPS MARKET SIZE, 2021-2028 ($ MILLION)
25. SOUTH KOREA MINDFULNESS MEDITATION APPS MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF ASIA-PACIFIC MINDFULNESS MEDITATION APPS MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF THE WORLD MINDFULNESS MEDITATION APPS MARKET SIZE, 2021-2028 ($ MILLION)