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Market Analysis:
The Parental Control Software market will touch USD 2.45 billion at an 8.26% CAGR by 2030, according to the current Market Research Future report.
Key Players:
Eminent players profiled in the global Parental Control Software market report include
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Scope of the Report – Parental Control Software Market:
|
Report Metrics |
Details |
|
Market Size by 2030 |
USD 2.45 Billion |
|
CAGR during 2022-2030 |
8.26% |
|
Base Year |
2021 |
|
Forecast |
2022-2030 |
Market Segmentation:
The Parental Control Software market is bifurcated based on device type, platform, deployment, and application.
By device type, the market is segregated into Computer & Video Games, and Mobiles & Digital Television.
By platform, android will lead the market over the forecast period.
By deployment, on-cloud will domineer the market over the forecast period.
By application, the residential segment will spearhead the market over the forecast period.
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Drivers:
Increasing awareness about the benefits of parental control software:
Parental control software refers to applications or tools designed to help parents monitor and manage their children’s online activities, ensuring a safe and controlled digital environment. As more parents become aware of the potential risks and challenges associated with unrestricted internet access for children, they are actively seeking ways to protect their children online. This growing awareness contributes to the demand for parental control software, which in turn drives the market. Parents are increasingly concerned about their children’s exposure to inappropriate content, cyberbullying, online predators, and other potential risks on the internet. Parental control software provides them with tools to monitor and filter web content, set time limits, and block specific websites or applications, thus promoting online safety. With the proliferation of smartphones, tablets, and other connected devices, parents need effective ways to manage and control their children’s device usage. Parental control software allows parents to monitor and regulate screen time, restrict access to certain apps or features, and even track their child’s location in some cases.
Opportunities:
Emerging demand for advanced AI/ML-powered parental control apps/software:
The emerging demand for advanced AI/ML-powered parental control apps/software indeed presents an opportunity for the Parental Control Software market. Parental control software is designed to assist parents in monitoring and managing their children’s digital activities, ensuring their online safety, and fostering healthy internet habits. The integration of artificial intelligence (AI) and machine learning (ML) technologies into these applications can significantly enhance their effectiveness and functionality.
Restraints:
The high initial cost to act as Market Restraint:
The high initial cost can indeed be a restraint for the Parental Control Software market. Parental Control Software refers to applications or tools that allow parents to monitor and manage their children’s online activities, restrict access to certain websites or content, and set time limits for device usage. These software solutions often come with a range of features designed to ensure the safety and well-being of children in the digital age.
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Challenges:
Data privacy concerns of Software to Act as Market Challenge:
Parental control software often requires access to sensitive information, such as the child’s online activities, browsing history, and communication logs. There is a risk that this data could be accessed by unauthorized parties or used for unintended purposes.
Covid-19 Analysis:
COVID-19 has had a significant impact on various industries, and the software market, including Parental Control Software. The pandemic and subsequent lockdowns resulted in increased screen time and online activities among children and teenagers, as remote learning, entertainment, and social interactions moved to digital platforms. This shift in behavior created a higher demand for parental control solutions to help parents and guardians manage and protect their children’s online experiences. With more children and teenagers spending time online, there is likely increased demand for parental control software. Parents are more concerned about their children’s online safety, managing screen time, and blocking inappropriate content, which may lead to a rise in the adoption of such software.
As remote learning became the norm during the pandemic, schools and educational institutions may have encouraged or recommended the use of parental control software to ensure students’ online safety and limit distractions during study hours. This could have contributed to the market growth. Some parental control software providers may have adapted their offerings to cater to the specific needs arising from COVID-19.
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Regional Analysis:
North America to Head Parental Control Software Market:
North America, comprising countries such as the United States and Canada, has a technologically advanced and digitally connected society. These countries have a high rate of internet penetration and widespread use of digital devices among both children and adults. As a result, there is a strong demand for parental control software in this region.
Additionally, North America is home to several major players in the technology industry who develop and provide parental control solutions. These companies often offer comprehensive software packages with advanced features and user-friendly interfaces, catering to the needs of parents and guardians.
Industry Updates:
In February 2022, Qustodio, a parental control software provider, formed a partnership with Bouygues Telecom, a telecommunications company based in France. The collaboration aimed to introduce advanced control tools for parents, ensuring digital and online safety for children
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