Parental Control Software Market Overview
The parental control software market is anticipated to witness healthy growth from 2020 to 2030, a research report suggests. Growing at a CAGR of 8.26%, the market is projected to reach a high level by 2030. Increasing access to media devices is expected to support the market growth along with increase in the social media platforms.
Parental Control Software Market Size was valued at USD 1.3 billion in 2021. The parental control software market industry is projected to grow from USD 1.4 Billion in 2022 to USD 2.45 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8.26% during the forecast period (2022 – 2030)
Family safety technology based companies have been profiled. Lack of technological infrastructure is set to affect the global market during the forecast period 2020 to 2030. The report also provides the market’s performance forecasts till 2030. Strategies of family safety technology based companies are studied.
The family safety technology sector itself is supported by teen and pre-teen addiction to the internet as well as online risks concerning kid abuse. During the forecast period 2020 to 2030, the parental control software market is set to witness a healthy growth across application type, deployment, platform, and device type segments as well as regional markets.
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The global parental control software market research report brings a comprehensive study of application type, deployment, platform, and device type market segments, regional analysis, and family safety technology vertical based company details of key players. As the forecast period 2020 to 2030 will bring new opportunities for the market owing to the lack of investments in research and development and the increasing demand and supply gap, the market is set to grow at a compound annual growth rate of 9.54% and is predicted to reach a high value by 2030.
With SWOT analysis of family safety technology sector based companies and Porter’s Five Force model analysis based findings, and understanding challenges such as the lack of skilled human resource and growing concerns regarding high cost, companies in the family safety technology sector can change the way business is done.
Prominent players profiled in the global parental control software market report include Trend Micro Inc. (Japan), Mobicip LLC (US), Verizon Communications Inc. (US), Content Watch Holdings, Inc. (US), Webroot Inc. (US), Symantec Corporation (US), SaferKid (US), Bitdefender (Romania), Avanquest (France), and McAfee LLC (US).
Parental Control Software Market Segmentation
The family safety technology sector has seen growth across application type, deployment, platform, and device type segments owing to growing access to age-inappropriate contents and increasing modernization in technology. To study the market, analysts have further segmented application type, deployment, platform, and device type into Windows, iOS, and Android on the basis of platform.
The market is further segmented into deployment type sub segment which is split into on-premise and on-cloud. Additionally, the parental control software market on the basis of application is segmented into education institutes and residential. The market is further segmented into device type sub segment which is split into computer & video games, digital television, and mobiles.
The segmental analysis presented in the report provides family safety technology field based organizations insights into key growth factors such as growing awareness among parents as well as challenges such as the lack of adequate technological infrastructure the market will face from 2020 to 2030.
The growing number of cyberbullying cases and growing technological advances are some of the key factors having an influence on family safety technology industry based companies, suggest analysts as per the parental control software market report. But the report also identifies applicability of this software and the unavailability of professional services as major threats companies in family safety technology will face till 2030.
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Family safety technology market based companies in the parental control software market are functioning across North America, Europe, Asia Pacific, the Middle East, and Africa including the rest of the world. Robust growth in the internet and mobile infrastructure will be a key growth driver for regional markets. However, the shifting preference for cheaper alternatives will turn out to be a threat.
For the forecast period 2020 to 2030. Each of these regional markets are studied in the report. Starting from North America, the regional market and family safety technology vertical based companies are spread across the United States, Mexico, and Canada.
The lack of awareness will turn out to be a major challenge from 2020 to 2030. Parts of the European market covered in the report are regional markets spread across the United Kingdom, France, Italy, and Germany. The market in the region will be benefitted by problems related to supply chain as well as low research and development budgets, suggests the report. Similarly, the family safety technology sector’s segmental analysis for the Asia Pacific region covers India, Japan, China, and others. For the rest of the world, the research report for the parental control software market covers the Middle East and Africa. The global parental control software market forecasts based on the findings are presented for the forecast period till 2030.
Prevention is worth a pound of cure, as the saying goes, and also that adage has never been truer than when it comes to protecting your family in this digital era. Digital citizenship has been a dominating subject for parents seeking to keep their children safe and secure online even before the start of a worldwide epidemic.
As a parent of two young children, there is a persistent voice in the back of my mind that asks if I’m doing enough to monitor my children’s Internet behavior. While it’s easy to fall into a trap of not wishing to be an online ruler over your children, we have the job of instilling healthy digital behaviors in them.
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