Market Synopsis of Parental Control Software Market
Regionally, North America accounted for the largest market share from countries such U.S., Canada and Mexico among others. The reason is attributed to growing demand for high-end technology solutions and uses of smart gadgets. However, Asia Pacific is expected to grow over the forecast period, 2017-2023.
The global parental control software market can be bifurcated as device type, platform, application and region. On the basis of device type, the market can be segmented as s digital television services, computer and video games and mobile. Based on platform, the market is segmented into android, IOS, windows and others. Residential, Educational Institutes and Others are the applications covered under the study of parental control software market.
Geographically, the market is segmented into North America, Europe, Asia Pacific and Rest of the World. The regional segment is further bifurcated into U.S., Canada, Mexico, UK, France, Germany, China, Japan and India.
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The factors contributing to the growth of the parental control software market are growing adoption of technology coupled with uncontrolled use of internet for negative purpose. Furthermore, factors such as increasing use of smartphones, incidences of cybercrime are expected to boost the growth of the parental control software market over the forecast period, 2017-2023. However, lack of awareness about parental control software is a factor hampering the growth of the overall market.
The global parental control software market is highly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. The parental control software market is highly competitive due to the presence of several large vendors.
The global Parental Control Software Market is expected to reach approximately USD 9.50 billion by the end of 2023 with 9.50% CAGR during forecast period 2017-2023.
The key players in the global parental control software market include- McAfee (U.S.), Avanquest (France), Bitdefender (Balkans), Verizon (U.S.), CyberPatrol (England), IwantSoft (UK), SaferKid (California), Net Nanny (U.S.), Norton (U.S.), Webroot (U.S.) and Mobicip (U.S.) among others.
For the purpose of this study, Market Research Future has segmented the market of Parental Control Software into device type, platform, applications and region.
By Device Type
Digital Television Services
Computer and Video Games
Rest of Europe
Rest Of Asia Pacific
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