Parental Control Software Market Insight
Market Research Future, in its latest study, reveals that the global Parental Control Software Market 2022 is showing an optimistic sign to take a considerable jump relatively at 9.54% CAGR to hit their net worth amid COVID 19 pandemic. The growth of the Parental Control Software market would expect to continue in the years (2018-2023), which is stated to be the forecast period.
Parental Control Software Market Top Companies
- McAfee (U.S.)
- Avanquest (France)
- Bitdefender (Balkans)
- Verizon (U.S.)
- CyberPatrol (England)
- IwantSoft (UK)
- SaferKid (California)
- Net Nanny (U.S.)
- Norton (U.S.)
- Webroot (U.S.)
- Mobicip (U.S.)
Segmentation of Market: Parental Control Software
For further analysis of the global Parental Control Software market, segmentation is conducted over device type, platform, deployment, ad application type.
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Based on Device Type
- Computer and Video Games
- Mobiles
- Digital Television
Based on Platform Type
- Android
- iOS
- Windows
Based on Deployment
- On-Cloud
- On-Premise
Based on Application
- Residential
- Education
Parental Control Software Market Top Impacting Factors
Parental control software is known for consisting of features that help parents and guardians monitor their children’s activities such as usage of mobile phones and other smart devices. Parental control software is mainly designed to protect and secure children from online threats counted as explicit content, cyberbullying, overuse of Internet-connected devices, and violence. The software is also helpful in blocking websites, monitor calls SMS along with setting screen time. The innovative technology in the software also made it popular as parents can track their children’s live location and track them whenever required. These features have increased the popularity of parental control software that affected the market to a large extent, globally.
The most crucial factor which is driving the parental control market is a considerable surge in the practice of social media platforms by children. Social media platforms such as Facebook, Instagram, Whatsapp, Snapchat, Twitter, and many similar to these can be linked together for users to cross-post. On the other side, social media channels also have numerous disadvantages, such as sexting, anti-social behavior, and more. As a result of these, social media platforms are concurrently escalating the use of parental control software for parents to observe and mentor their children’s online activities and social media mistreat.
MRFR also reveals that rising cyberbullying cases across the globe is driving the growth of the market. In the case of point, in 2017, centers for Disease Control and Prevention (CDC) in the US recorded that 14.9% of high school students were cyberbullied through Facebook, texting, Instagram, and other social media connections. The percentage of students who were bullied has not seen a significant change from the year 2011 to 2017.
On the contrary, the factor of lack of awareness among the users concerning parental control software hampers the growth of the global parental control software market globally.
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Parental Control Software Market Regional Analysis
The global parental control software market, regionally, has been studied among Europe, North America, Asia-Pacific, and the rest of the world.
The region of North America earned the largest market share of 46.370.5% back in the year 2017, with a market value of USD 705.81 million. In the current study, the market is expected to register 8.63% CAGR, thus leads the market. The growth in the market in North America is focused on the boost in internet usage among children, the high rate of adoption of smartphones and tablets among children, growing cases of cyberbullying activities in the country, and the appearance of harmful games such as Blue Whale Challenge. These have eventually asked the recruited kids to commit suicide in their final tasks. In fact, the increasing use of social media platforms in the country and proficient funds from top players of the market in research and development of parental control software solutions are also contributing to boosting the market in North America.
The market in Europe was at the second-largest position in 2017 and was valued at USD 436.15 million. Now, it is projected to expand at the highest CAGR of 10.23%.
Key Points Covered in the Parental Control Software Industry Report:
- The global Parental Control Software industry research examines all the leading players in the PARENTAL CONTROL SOFTWARE market and ranks them based on their corporate strengths and product offerings in today’s competitive marketplace.
- Economic, social, political, legal, and technological factors on customer growth, as well as emergent Parental Control Software market trends, were investigated in the report.
- Company profiles, capability, growth, global spend; share, requirements, product price image, and contact information for key global industry players in the global Parental Control Software market are also covered in the research study.
- The study contains information on the strategic partnerships and tactics used by competitors in the target Parental Control Software market.
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