Statistics For Top Meditation Apps You Should Know Before Using It
Yoga, Meditation, healthy food, and good sleep become important parts of life for a healthy life. Nowadays people suffer a lot of stress, anxiety, and also depression due to work and happenings in their personal lives. Also, the outbreak of covid-19 pandemic has undoubtedly added pressure to their life because of the uncertainty of their careers, jobs, etc.
The best pandemic gives lessons that we need to take a break from our busy schedule and invest in health by Mediating, having healthy food, doing yoga, and having sound sleep. As the awareness spreads among people about how important for them to be not only physically fit but mentally healthy too, the Demand for Meditation and Mindfulness apps is growing
Aside from spiritual gurus, people are looking for mental health apps so that they can get some expert advice too, which increases the Demand for Meditation and Yoga apps. This increasing popularity of the Meditation app is also attracting more and more businesses to enter the industry and earn a good amount of money which makes this industry a much more competitive and money-earning industry which sometimes compromises the Demand of people.
Sometimes people find it difficult how to meditate and form where to start especially beginners, meditation app will give you much edge to sort out your problems with some expert advice for your convenience we will tell you Statistics for Meditating apps which has much better result and also you will be safe from the exploitation of this money making industry.
Statistics of Top Meditation App to Know in 2023
- Searches for yoga and meditation apps increases by 65% year on year
Nowadays people become conscious of their Mental health and start giving attention to it so that they can experience calmness and peace and they are getting it through some good meditation apps. This not only increases the talks amongst the rise in the number of searches related to Meditation and yoga apps. According to statistics from Google, the searches for meditation and yoga apps especially for beginners and mindfulness apps increased by 65% between 2019 and 2020.
- In 2019, 52 million users downloaded the top 10 meditation apps
As awareness rises among people downloading the apps to get relief from curbing anxiety and stress it helps people to Meditate properly especially beginners at home only which increases its popularity by word of mouth and boosts the download of Meditation apps. According to Mental Health app statistics, 52 Million Meditation App downloads were recorded in 2019.
- Since 2015 more than 2500 meditation applications have been launched
To help tranquility users, the use of mental health apps is soaring, which increases the demand for Meditation apps. Around 2500 Meditation apps have been launched since 2015 due to their high demand in the market.
- Revenue of meditation apps likely to reach us $6717.18M by 2026
By Normalising the idea to take help of Mental experts people use Meditation App rapidly which automatically generates revenue for the industry. Revenue is expected to show annual growth of 13.5%, resulting in a projected volume of US $6717.18m by 2026. The average revenue is expected to reach US $2607. This indicates that people are loving the idea of using smartphones to tackle their mental health and also providing incredible space for young and talented entrepreneurs to come and connect with a trustworthy Meditation app, share their expertise and get a big slice of share in the market.
- Exhibiting a CAGR of 5% North America is the leading market for meditation apps by 2032
Americans are obsessed with their Mental Health, and the majority of Americans practice yoga and Meditation regularly to avoid stress and anxiety. Due to the consumption of so many stress relieving Meditation Apps, North America has become the prime center of Meditation apps. So creating a user persona for your Meditation Application will be a profitable deal in America.
- Top 10 meditation mobile apps have generated a revenue of US $195 Million
As per statistics, Meditation apps like Calm Chaos generated a revenue of approximately 119.99 Million US Dollars through their premium features and functions. Meditation app Headspace had a profit of around 80 Million US Dollars in the same year as Calm. Meditopia, a recently launched App in 2019, has increased its revenue by 180 percent between 2019 and 2020 reaching 134 Million US dollars in consumer spending.
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