Parental Control Software Market Size, Key Players Analysis, Sales Revenue, Growth Factors, Emerging Trends, Opportunity Assessment and Regional Forecast 2023

Jun 14, 2019

Market Research Future published a research report on “Parental Control Software Market Research Report - Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Pune, India - June 14, 2019 /MarketersMedia/ —

Market Synopsis:

The parental control software is designed to restrict children’s internet accessibility. Increase in malpractices of internet by children is raising concern among parents and is the most important driving force for the parental control software market growth.

Market Research Future (MRFR) analyzed that the global parental control software market is likely to grow to USD 2.53 Bn by the end of the forecast period of 2018-2023.

The increasing use of social media platforms among minors and surging cases of cyberbullying are factors anticipated to influence the growth of the global parental control software market positively. Excessive use of digital devices by children and their exposure to inappropriate online contents like violent videos, aggressive or sexual comments, games, pictures, and others are negatively impacting juvenile behaviour. Other adverse effects of the increase in social media engagement are reduced sports activities and academic loss. The Centers for Disease Control and Prevention in 2017, reported that 14.9% of high school students were cyberbullied on social media platforms.

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These issues are sensitive and should be handled with care. However, these factors are scaling up the global parental control software market growth.

Social media games like Blue Whale Challenge and Sarahah were designed in a way, which challenged children to take up fatal tasks. These dangerous incidents have prompted parents to resort to parental control software for monitoring activities of their children.

The parental control software has features that set time limit to access internet for a specific duration in a day and restrict access to irrelevant websites and specific programs. These are driving forces for the global parental control software market expansion.

Key Players:

The key players in the global Parental Control Software Market include- 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.) and Mobicip (U.S.) among others.

Segmental Analysis

The global parental control software market study by MRFR is segmented by device type, platform, deployment, application and region.

Based on device type, the market is segmented into computer and video games, mobile, and digital television. The computer and video game segment is likely to dominate the market in terms of revenues generated. The mobile devices segment is expected to exhibit a CAGR of 11.63% over the forecast period.

Based on platform, the market is segmented into iOS, Android, and Windows. The Windows segment is anticipated to lead the market in terms of revenue generated. The Android segment is likely to witness a CAGR of 11.83% during the forecast period.

Based on deployment, the market is segmented into on-premise and on-cloud. The on-cloud segment is predicted to exhibit a 11.85% CAGR by 2023.

Based on application, the market has been segmented into residential and education institutes. The education institutes segment is likely to grow to USD 1.03 Bn by 2023. The residential institutes segment is expected to witness a CAGR of 11.84% during the forecasted period.

Based on region, the global parental control software market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW).

Regional Analysis

North America is likely to hold the highest share in the global parental control software market. The factors boosting the market growth are increase in internet users, increase in ownership of digital devices and social media engagement among children, high awareness regarding parental control software, and substantial investments from key players.

In Europe, the market is anticipated to grow at a CAGR of 10.23% by 2023. Initiatives taken by the European government to promote safe internet practices have encouraged adoption of parental control software. This is a driving factor for the market growth in this region.

Asia Pacific is predicted to show robust growth in the market. The market is expected to exhibit a CAGR of 12.01% by 2023 in this region. Raising awareness among parents regarding cyberbullying and stringent government norms on internet accessibility by children are proliferating the market growth in Asia Pacific.

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Intended Audience

• Operating system providers
• Training center
• Schools
• Manufacturers
• Operating system providers
• Software Developers
• Sensor providers

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:
Name: Abhishek Sawant
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Organization: Market Research Future
Website: https://www.marketresearchfuture.com

Source URL: https://marketersmedia.com/parental-control-software-market-size-key-players-analysis-sales-revenue-growth-factors-emerging-trends-opportunity-assessment-and-regional-forecast-2023/524395

Source: MarketersMedia

Release ID: 524395

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