The parental control software market is expected to witness significant growth, with projected revenues rising from US$ 124.6 million in 2022 to US$ 223.1 million by 2028. This represents a compound annual growth rate (CAGR) of 10.2% during the forecast period from 2022 to 2028.
A recent report by Future Market Insights highlights the market’s increasing value and provides comprehensive revenue forecasts. The rising adoption of internet-enabled devices among children and young consumers is a key driving factor behind this growth. These devices include smartphones, tablets, computers, and televisions, which are becoming increasingly prevalent among the younger population.
The usage of such internet-enabled devices among children and teenagers has expanded for various purposes, such as online gaming, live streaming, socializing with friends, accessing multimedia content, and browsing specific websites. As a result, parents are seeking effective solutions to ensure the safe and controlled use of these devices by their children.
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Parental control software plays a crucial role in addressing these concerns. It provides parents with tools and features to manage and monitor their children’s online activities, restrict access to inappropriate content, set screen time limits, and track usage patterns. These software solutions are designed to empower parents and guardians with the ability to create a safe digital environment for their children.
COVID-19 Impact on Parental Control Software Market
As the COVID-19 pandemic grows, children and teenagers are surely spending more time online, necessitating the need for parental control tools that can help reduce excessive screen time.
Parents have attempted to restrict their children’s use of technology for decades by limiting phone time and limiting which websites their children can visit. However, in the context of the coronavirus pandemic, which caused school closures and social isolation, those issues have taken on new urgency.
Many parents are exploring the usage of parental management tools in light of the rising emphasis on reducing the danger of children encountering undesirable information online. As a result of the pandemic, parental control software that allows parents to monitor and regulate their children’s internet actions and communications has been available.
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Market Segmentation and Analysis of Parental Control Software
The study is divided into three primary categories to help you understand and assess the demand and potential in the parental control software industry: market analysis by deployment, platform, and geography.
The section – market analysis by deployment – examines the parental control software market in terms of value for 2022-2028 in terms of on-premises and cloud deployment. The cloud sector led the parental control software market in 2017, followed by the on-premises segment.
Furthermore, the cloud sector is expected to grow at the quickest CAGR of 10.1% in the parental control software market in terms of revenue over the forecast period, followed by the on-premises segment.
The section – market analysis by platform – examines the parental control software market by platform, with data provided in terms of value for the years 2022-2028. During the projected period, the Android segment is expected to grow at a substantial CAGR of 9.8% in terms of value.
In terms of market share, the Android sector accounted for a significant portion of the total parental control software market’s revenue share in 2017, and it is predicted to continue to lead the parental control software market during the forecast years, followed by the iOS and Windows segments.
The market analysis by region section includes an in-depth country level analysis of all global regions, namely North America, Latin America, Western Europe, Eastern Europe, SEA & Others of APAC, China, Japan, and Middle East & Africa, by deployment, platform, and countries; and provides market data in terms of value for the parental control software market from 2018 to 2028.
Parental Control Software Market: Top Companies
Key players reported in this study on the global parental control software market are Norton (Symantec Corporation), Kaspersky Lab, Qustodio LLC, Mobicip, LLC, uKnow.com, Salfeld Computer GmbH, FamilyTime, SafeDNS, Inc, mSpy, Bitdefender, Content Watch Holdings, Inc., TeenSafe Inc., and Bark.
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Key Segments Covered in Parental Control Software Industry Report
Parental Control Software by Deployment:
- On-Premise Parental Control Software
- Cloud Parental Control Software
Parental Control Software by Platform:
- Android-based Parental Control Software
- iOS-based Parental Control Software
- Windows-based Parental Control Software
Parental Control Software by Region:
- North America Parental Control Software Market
- Latin America Parental Control Software Market
- Europe Parental Control Software Market
- East Asia Parental Control Software Market
- South Asia & Pacific Parental Control Software Market
- Middle East & Africa Parental Control Software Market
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