Let’s Meditate!!!
Each and everyone tells themself almost everyday. But do you know exactly how many people really follow that???
Okay, let me take you through with some stats which can blow your mind.Â
Do you know that more than 3 million people are using meditation apps globally?
Also with the rising popularity of meditation, the number of meditation apps are globally increasing, making the wellness market future cross the mark of 2500.
In this article I will provide you with all the interesting and mind blowing facts and stats related to meditation and meditation apps.
With the rising use of apps in the healthcare and wellness industry, people are also noticing its use for practicing meditation and enjoying peace. They are embracing the idea of using health apps to attain positivity and a healthy lifestyle. Same ways meditation apps are used to obtain the ultimate level of relaxation and experience happiness; thus resulting in a thriving meditation app market.Â
A clear evidence of which is the following set of meditation app statistics.
People have begun to realize that they need not sell their Ferrari, become a monk, and live on the Himalayas to live a de-stressed life. They can experience the calmness and peace within while spending a few minutes on a meditation application.
This has not only increased the number of talks in the academic and media world, but has also shown a difference in the number of online searches related to yoga and meditation apps.Â
As per the recent Google data, the number of searches around yoga and meditation apps, like ‘yoga for beginners app’ and ‘mindfulness apps’ have increased by 65% YoY.
From curbing anxiety to lowering stress, improving concentration power and enhancing energy, users are using the meditation mobile applications for numerous reasons. A result of which, according to mental health apps statistics is that 52 millions of meditation mobile app downloads were recorded last year.
With the rise of meditation apps, revenue is expected to show an annual growth rate (CAGR 2021-2025) of 18.61%, resulting in a projected market volume of US $9,914.80m by 2025. The average revenue per user (ARPU) is expected to reach US $41.94.
With users soaring the mental health app usage to pursue tranquility, it is also leaving an impact on the number of apps entering the market. It has been discovered that around 2,500 apps are present in this market between 2015 and till date.
As per Sensor Tower’s latest report, the top meditation apps received $195 million of revenue. This value was observed to be a 52% increase to the one noted in the year 2018.
With the rise of popularity of mental health apps, the mindfulness facts and statistics for market revenue is noted to accelerate from USD 189.64 million in the year 2018 to USD 4,377.95 million by the year 2027, with a CAGR of 41.3%.
This has not only indicated that users are loving the idea of using smartphones for lowering down their anxiety, but is also encouraging Entrepreneurs to connect with a trustworthy wellness app development company to enter the space and get a bigger slice of the share.
With a majority of Americans practising meditation on a regular basis to relax and unwind, North America is continuing to be the prime center for the meditation app market.Â
So, considering the citizens of North America while creating user personas for your meditation application will be a profitable deal.
One of the intriguing meditation app statistics to consider in 2021 is that the number of users who have meditated at least once has increased by 3x between 2012-present.
While spending more time is one thing, American users are found to be spending heavily on these applications, which earn money by subscription and other such monetization strategies. In fact, it has been found that the US self-care market will be worth $2.08 billion by 2022.
According to meditation industry statistics, the valued industry comprises meditation studios, websites, books, DVDs, online courses, apps, and supplies.
This is a clear indication that if you wish to earn a heavy market revenue share, targeting this region would be a profitable deal.Â
The battle of Android vs iOSÂ has remained prevalent in the world of meditation mindfulness too. It has been found that though the number of apps designed on both platforms are increasing, iOS is leading the game.
Though iOS is preferred over Android to enter into the meditation app space, the latter is driving more downloads and revenue. It has been found that USD 74 million will be generated by the Android meditation applications, more likely because of advertisement and other such monetization strategies.Â
One of the meditation app facts and statistics worth considering in the US region is that though everyone is practising meditation weekly, people of 65 years and above are devoting more time.
It’s true that the senior generation is meditating every once a week, but it should be taken into account that the number of children getting into this direction is also increasing. The ratio has improved by 800 times since 2012. Something that is basically due to an unclarity and instability of their future, and round-the-clock stressful schedule.
Another stat to consider while focusing on the demographics of meditation app users is that 16% of females perform meditation. Whereas, only 12% of males are doing so.Â
Apart from the functionality to experience calm and relaxed in the midst of chaos, users are focusing on various other features while deciding which meditation app to choose. This includes an option to keep a track of their progress, experiment with different practices, enjoy audio and video playback, and more.
So, considering these features while planning to build or taking an estimate of the cost of developing a Headspace-like app is also imperative to relish higher benefits of the meditation app market.
Various technologies are proving to be a catalyst towards revolutionizing the future of mindfulness apps. One such technology is Virtual Reality.Â
The technology is enabling users to visit different destinations and environments virtually and improve their mental health. An outcome of mental health apps statistics is that the VR-powered meditation market is anticipated to expand to USD 3.9 billion by the year 2023.
As per Sensor Tower’s report on the top meditation apps globally based on the downloads and revenue generation, Calm and Headspace are the unrivalled platforms.Â
This has further brought into notice that developing an app like Calm or Headspace is ideal to make your presence in the mindfulness meditation application market.
To consider meditation health app benefits statistics, Headspace, the meditation app that has recently raised a funding of $93M, is recorded to be embraced by smartphone users in nearly 190 countries.
Another meditation app statistics 2021 one should know is that though various apps like Headspace are a part of users’ daily activities, they’re found to spend a majority of their meditating time on InsightTimer.
A probable reason behind this is that InsightTimer is quite cheaper and brings users closer to an active community of people like them.
Unlike offline meditation courses and classes, apps let users pick the time duration as per their convenience. This has not just led to the rise in meditation apps market popularity, but has also brought a difference in the data recorded in terms of the price they are ready to pay per the time.Â
For Headspace and calm app statistics, from $5.04 to $18.39, users are ready to pay different amounts as monthly subscription rate for relishing different benefits, such as building relationships, de-stressing themselves, and enhancing athletic performance.Â
A variation is observed in data in terms of the frequency in which users meditate using these applications. It has been found that users are more likely to go with the application that lets them practice meditation for more than one time daily under the same subscription plan.
Since senior users (especially those retired) are spending more time on meditation mobile applications, Calm is found to introduce new services as per their needs and expectations. A result of which is that Calm’s annual markets in California and USA solely from private senior homes are expected to be around $23.4 million and $158.8 million, respectively.
The NCCIH states that, people who suffer from cancer symptoms and treatment side effects, mind-body therapies such as meditation, helps to relieve anxiety, stress, fatigue, and general mood and sleep disturbances of patients and improves their quality of life.
Meditation studies say that those individuals who meditate are less likely to suffer from heart disease. Meditation is a relaxation technique that relieves stress and diseases related to stress.
According to some reports for meditation facts and statistics, 100% of insomnia patients reported improved sleep in their routine and 91% either eliminated or reduced sleeping medication use.
Meditation market is expected to gain growth by 2027. Data Bridge Market Research analyses the market to account for USD 9.0 billion by 2027 growing at a CAGR of 10.40% in the above-mentioned forecast period.
Seeing these meditation app statistics, it is quite evident that the mindfulness app market is exploding like never before. Various new brands are investing in this domain, wherein many meditation mindfulness industry trends and technologies are taken into account for driving higher competitive advantages. This is making both business enthusiasts and users excited to know what will unfold in the future.
Now, while we will uncover current meditation app trends for 2021 and beyond in the future, let’s wrap up this article by taking a glance at all the statistics at once.
Calm has over 4+ million users and over 100 + downloads.
There are more than 2,500 meditation apps.
According to the most loved and used apps, here are some good apps.
Headspace
Insight Timer
Aura
Smiling Mind
MyLife
Sudeep Srivastav, the CEO of Appinventiv, is someone who has established himself as the perfect blend of optimism and calculated risks, a trait that has embossed itself in every work process of Appinventiv. Having built a brand that is known to tap the unexplored ideas in the mobile industry, he spends his time exploring ways to take Appinventiv to the point where technology blends with lives.
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