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Parental Control Software Market Research Depth Study with Opportunity Assessment 2023

Author: Akash Sangshetti
by Akash Sangshetti
Posted: Jan 19, 2019

Market Snapshot

The global market for parental control software stood at USD 1,523.65 Mn in 2017. Today, teenagers and minors represent a significant percentage of the total number of internet users worldwide. In fact, they spend more time on the internet than their parents, which leaves them exposed to illegal, disturbing and explicit content. This can have an adverse effect on their psychological development. Internet is a great source of knowledge, but it also has some severe cons. Parental control software solutions give a certain degree of authority to parents to control and limit the exposure of internet content on their children. The control parameters may vary from tool to tool, but the fundamentals remain same. The level of awareness about internet is higher in advanced countries, which characterize the strong demand for parental control software solutions in these countries. Meanwhile, increased internet penetration in fast-developing countries such as China, India and Mexico is making them attractive business destinations for market players.

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Report Synopsis

The MRFR study presents a comprehensive outlook for global parental control software market. The primary objective of the study is to deliver a five-year (2018-2023) revenue forecast. It covers all the major elements that are likely to remain associated with the market during the review period. The research document includes a thorough discussion on various devices (computer & video games, mobiles and digital television) where parental control software is used. Operating platforms mentioned in the document include iOS, Windows and Android. Deployment modes considered are on-cloud and on-premise. The study noted education institutes and residential as the major application areas for parental control software.

Key Players:

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.

Segments

The global parental control market is segmented according to device type, platform, deployment, application, and region. Device types where parental control software is applicable include mobile, computer & video games, and digital television. The computer & video games segment accounted for the most significant share of the market with market revenue of USD 812.40 Mn in 2017. Meanwhile, the widespread penetration of smartphones is expected to lead the mobile devices segment to register the highest growth at CAGR 11.63% during the forecast period.

Regional Analysis

North America has the lion’s share of the market and is expected to grow to reach a value of USD 1,119.62 Mn by 2023. The region includes U.S, Canada, and Mexico, where parental control software is extensively used to monitor internet usage. Rising adoption of smartphones, increasing cases of cyberbullying, and presence of online predators have encouraged the adoption of parental control software. Europe is a significant market which is expected to grow at a CAGR of 10.23% during the forecast period. Government support for preventing the harmful impact of the internet on young minds and the use of such software to prevent children from being susceptible to online predators has impacted the market significantly.

Meanwhile, the Asia Pacific is growing swiftly at the highest CAGR of 12.01% during the assessment period. The rising penetration of smartphone devices in the region and their use to access the internet, online dating sites and others are key factors driving the APAC's growth. Protecting children from inappropriate content, and for prevention of personal information loss as well as keeping them away from life-threatening games such as BlueWhale have increased the demand for parental control software.

Intended Audience

  • Operating system providers
  • Training center
  • Schools
  • Manufacturers
  • Operating system providers
  • Software Developers
  • Sensor providers

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TABLE OF CONTENTS

1 Executive Summary

2 Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.3 Market Structure

2.4 List Of Assumptions

3 Research Methodology

3.1 Research Process

3.2 Forecast Model

4 Market Dynamics

4.1 Introduction

4.2 Drivers

4.2.1 Increasing Use Of Social Media Platform

4.2.2 Increasing Cases Of Cyberbullying

4.3 Restraint

4.3.1 Lack Of Awareness About Parental Control Software

4.4 Opportunities

4.4.1 Increasing Deployment Of Connected Devices

4.5 Porter’s Five Forces Model

4.5.1 Threat Of New Entrants

4.5.2 Bargaining Power Of Suppliers

4.5.3 Bargaining Power Of Buyers

4.5.4 Threat Of Substitutes

4.5.5 Intensity Of Rivalry

Continued…

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About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Media Contact:

Akash Anand,

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: akash.anand@marketresearchfuture.com

About the Author

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Ma

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Author: Akash Sangshetti

Akash Sangshetti

Member since: Dec 15, 2017
Published articles: 937

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