Spiritual Wellness Apps Market Size Is Projected To Reach USD 4.84 Billion By 2030Posted by Neha Bora on December 2nd, 2024 San Francisco, 2 December 2024: The Report Spiritual Wellness Apps Market Size, Share & Trends Analysis Report By Platform (Android, iOS), By Device (Smartphones, Tablets) By Subscription [Paid (In App Purchase), Free], By Type, By Region, And Segment Forecasts, 2024 - 2030 The global spiritual wellness apps market size is expected to reach USD 4.84 billion by 2030, registering a CAGR of 14.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. Apps such as yoga training, meditation management, and spiritual wellness are beneficial in maintaining an individual's overall mental and emotional health, promoting a better lifestyle, and reducing stress. Growing awareness among people regarding the importance of meditation and yoga and its benefits boosts the demand for these apps. For instance, in February 2024, Mindvalley, Inc., a personal growth platform, launched an immersive meditation and personal development app on Apple's spatial computing headset Vision Pro. Users can experience immersive meditations in natural environments such as deserts, forests, and mountains. Technological advancements, the integration of artificial intelligence (AI) in apps, and the rise in the launch of meditation and mindfulness apps drive market growth. For instance, in March 2024, Gwyneth Paltrow, an American actress, businesswoman, and the founder of Goop, launched Moments Of Space, an AI-powered meditation app. This application leads users through a gentle meditation approach that can be easily integrated into a busy lifestyle. The Mobile Economy 2023 report published by GSMA reported that smartphone adoption stood at around 76% in 2022 and is expected to increase to 92% by 2030. Thus, smartphone adoption is expected to drive market growth over the forecast period. Moreover, the growing adoption of 5G technology globally fuels market growth. For instance, according to the Mobile Economy 2023 report published by GSMA, by the end of 2030, the penetration of 5G is estimated to be 54% globally. Thus, such factors drive market growth. Some of the key players in the market are Headspace Inc., Sattva, Insight Network Inc., Breethe, Simple Habit, Muse, Mindbliss Inc., Enso Meditation, Flowtime, and Calm. Players are adopting key strategic initiatives to expand their business footprint and grow their clientele. For instance, in March 2024, Headspace Inc., a digital mental health company, introduced Headspace XR. This mindfulness app employs mixed and virtual reality to aid users in strengthening their mind-body connection through breathwork and movement. Access Research Report of Spiritual Wellness Apps Market @ https://www.grandviewresearch.com/industry-analysis/spiritual-wellness-apps-market-report Spiritual Wellness Apps Market Report Highlights
Spiritual Wellness Apps Market Report Scope
List of key players in the Spiritual Wellness Apps Market
Access Press Release of Spiritual Wellness Apps Market @ https://www.grandviewresearch.com/press-release/global-spiritual-wellness-apps-market About Grand View Research Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. For More Information: https://www.grandviewresearch.com/horizon Like it? Share it! More by this author |