ID: MRFR/ICT/3132-CR | August 2019 | Region: Global | 94 pages
Global Parental Control Software Market is predicted to develop at a healthy 9.54% CAGR between 2018- 2023, reveals the latest Market Research Future (MRFR) report. The strong parental control software market demand is due to the increasing use of media devices.
Due to the COVID-19 pandemic, the government has imposed lockdowns and social distancing, due to which educational institutions have been shut down. This means children are spending all their time at home and as a result, more time surfing the net. There are ample ways in which kids can use connected devices to play and learn, but unfortunately, it also entails risks. So it is essential for carers and parents to guide and support their little ones and also teens to prevent online risks as well as have safer experiences. During these times of uncertainty, kids may feel anxious or isolated as they are away from school and their friends and their usual study and playtime. This has led to the burgeoning demand for online learning modules, with students getting educational lessons through Zoom and other online platforms. The increasing adoption of online learning is likely to boost the parental control software market size. This software helps to restrict access to any content which may impact the child’s mental balance by enabling parents to filter desired content. The best part regarding this software is it filters and blocks content, restricts their time online, and records activities with complete access to parents both to their browsing history as well as communication.
Increasing Access to Media Devices May Bolster Market Growth
Increasing access to media devices connected to the internet, such as smartphones, computers, laptops, and tablets, may bolster the parental control software market share over the forecast period.
Additional factors adding to the parental control software market revenue include an increase in the social media platforms practice by children, controlling the disadvantages of social media channels such as anti-social behavior, sexting, and others, use of this software to monitor children’s social media mistreat and online activities, teen and pre-teen addiction to the internet, growing access to age-inappropriate contents by kids, growing awareness among parents about online risks concerning kid abuse, increasing modernization in technology and growing technological advances, rising R&D activities, and growing number of cyberbullying cases in different parts of the world
Growth in Mobile Infrastructure to Offer Robust Opportunities
Increasing robust growth in the internet and mobile infrastructure is likely to offer robust opportunities to market players in the upcoming days.
Lack of Awareness to Restrict Market Growth
The lack of awareness among users regarding parental control software may restrict the global parental control software industry growth over the forecast period.
Lack of Technological Infrastructure to Act as Market Challenge
The lack of adequate technological infrastructure in most countries for the applicability of this software may act as a major flaw for industry players in the upcoming days.
Global Parental Control Software Market, according to the MRFR’s parental control software market statistics report, has been segmented based on application type, deployment, platform, and device type.
Computer and Video Games Segment to Lead Parental Control Software Market
By device type, the global parental control software market is segmented into digital television, mobiles, and computer and video games. Of these, the computer and video games segment will lead the market over the forecast period. It is likely to develop at a 7.82% CAGR. Parental controls are offered for computer and video games in order to limit the activities of children. Generally, parents deploy this software when kids have complexity restricting the time that they spend playing games.
Android Segment to Dominate Parental Control Software Market
By platform type, the global parental control software market is segmented into Windows, iOS, and Android. Of these, the Android segment will dominate the market over the forecast period
On-Cloud Segment to Spearhead Parental Control Software Market
By deployment type, the global parental control software market is segmented into on-premise and on-cloud. Of these, the on-cloud segment will spearhead the market over the forecast period.
By application, the global parental control software market is segmented into education institutes and residential.
North America to Lead Parental Control Software Market
Geographically, the global parental control software market is segmented into North America, Europe, the Asia Pacific, and Rest of the World (RoW). Of these, North America will lead the market over the forecast period. It is likely to grow at an 8.63% CAGR by 2023. Increasing use of the internet by children, rising adoption of tablets and smartphones among kids, rise in cyberbullying, the emergence of harmful games like the Blue Whale Challenge that asked recruited children to commit suicide in the final task, growing use of social media sites and platforms, growing investments from key players in R&D of parental control software solutions, increasing adoption of tablets and smartphones by children, and expansion of the business of internet service providers are adding market growth.
Europe to Hold Second-Largest Share in Parental Control Software Market
The global parental control software market in Europe is predicted to hold the second-largest share over the forecast period. Strict regulations about child’s privacy, increasing investments by key players, and an increasing number of IT and service companies are adding to the global parental control software market growth in the region. It is likely to develop at a 10.23% CAGR.
The parental control software market is competitive and fragmented in nature due to the presence of several key players. These players have encompassed several strategies to remain ahead, such as mergers and acquisitions, partnerships, joint ventures and collaborations, and others.
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).
Global Parental Control Software Market report by Market Research Future throws light on the current trends and niches in the industry. The report also lays emphasis on the various market drivers, opportunities, market restraints, and challenges, as well as offers insights for the forecast period. It also throws light on the different market segments for a comprehensive understanding of the reader.
By Device Type
By Platform Type
Frequently Asked Questions (FAQ) :
The global parental control software market is likely to be dominated by the computer and video games which accounts for a 53.3% share of the market.
The global parental control software market is expected to register a CAGR of 9.54% during forecast period.
Rising incidences of cyberbullying and catfishing on the internet is the primary factor driving the global parental control software market.
North America boasts the dominant share in the global parental control software market and is anticipated to ascend at 8.63% CAGR during forecast period.
Based on device type, the computer and video games segment is accounting for the largest market share. Based on region, the prime position is secured by North America, in the global parental control software market.