Press release
Parental Control Software Market 2021 Reach Valued At $ 2,159.0 million And Grow At A 11.6% CAGR Forecast To 2028 | With Top Key Vendors: Alphabet Inc., AO Kaspersky Lab, AT&T Inc., McAfee, LLC, Microsoft Corporation....
Parental Control Software Market 2021-2028
New study report " Parental Control Software Market 2021 Global Market Opportunities, Challenges, Strategies, and Forecasts 2028" has been added to Fortune Business Insights.
Market Overview:
The global parental control software market size is expected to hit USD 2,159.0 million by 2028, exhibiting a CAGR of 11.6% during the forecast period. increasing influence of social media platforms on children and the growing adoption of online learning amongst students that will propel the demand for advanced software globally. Fortune Business Insights, published this information in its latest report, titled, “Parental Control Software Market, 2021-2028.” The report further observes that the market stood at USD 898.5 million in 2020.
Top Key Players in this market are:
Alphabet Inc. (Google LLC)
AO Kaspersky Lab (Moscow, Russia)
AT&T Inc. (Texas, United States)
McAfee, LLC (California, United States)
Microsoft Corporation (Washington, United States)
Net Nanny (Content Watch Holdings, Inc.) (Berwyn, Utah, USA)
NortonLifeLock Inc (Arizona, United States)
Qustodio SL (Barcelona, Spain)
SafeDNS, Inc. (Virginia, United States)
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COVID-19 Impact-
Growing Impetus on Online Learning to Favor Market Growth amid COVID-19
The global pandemic has resulted in the shutdown of educational institutes. The government is still undecided on the commencement of schools and colleges. This is driving the demand for online learning modules as the students are receiving education lessons through online platforms such as Zoom and others. The growing adoption of online learning modules is expected to boost the adoption of parental control software in the forthcoming years.
Competitive Landscape-
Prominent Companies Focus on Product Enhancement to Strengthen Their Market Positions
The global market is fragmented by the presence of key players that are focusing on enhancing this software to cater to the growing demand from parents. In addition to this, the major companies operating within the market are adopting strategies such as merger and acquisition, collaboration, and partnership to maintain their presence in the highly competitive global marketplace.
Segmentation-
Android Segment Held 18.4% Market Share in 2020
The android segment, based on the operating system, held a market share of about 18.4% in 2020 and is likely to gain momentum owing to the growing adoption of android smartphones and tablets for online education purposes.
Regional Insights-
North America to Remain Dominant; Increasing Adoption of Digitalization in Education Sector to Augment Growth
Among all the regions, North America stood at USD 334.6 million in 2020 and is expected to hold the highest position in the global parental control software market share during the forecast period. This is attributable to the increasing adoption of digitalization in the education sector that propels the demand for such advanced software in the region.
The market in Europe is anticipated to experience exponential growth during the forecast period. This is ascribable to factors such as stringent regulations regarding children’s privacy that is expected to drive the adoption of this type of software applications in the region between 2021 and 2028.
What Does the Report Offer?
The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the growth of the market between 2021 and 2028. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.
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Table Of Content:
Introduction
Key Takeaways
Market Dynamics
Competition Landscape
Global Parental Control Software Key Players Market Share Insights and Analysis, 2020
Key Market Insights and Strategic Recommendations
Companies Profiled (Covered for key 10 players only)
Annexure / Appendix
Continue….
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