Mindfulness meditation is the spiritual practice of quieting the mind and letting go of negative thoughts. The mindfulness meditation app is an application one can install and run on a smartphone or tablet that teaches users breathing techniques, muscle and body relaxation, and mental imagery. Such apps can help users reduce stress, chronic pain, blood pressure, and various mental illnesses. Similarly, the application development organization is focused on sending various journeys worldwide to have all instructors and undergraduates work on mindfulness meditation applications.
MINDFULNESS EVERYWHERE LTD., SIMPLE HABIT, INC., SMILING MIND, HEADSPACE, AND BREETHE – PROMINENT MARKET PARTICIPANTS IN MINDFULNESS MEDITATION APPLICATION MARKET
The growing number of working people has resulted in a busy life and less time to devote attention to meditation. Mindfulness meditation apps have gained more attention because they lead to calming and controlling emotions and thoughts. The increase in the number of people affected by stress, anxiety, and depression is fueling the market growth. Moreover, the rising usage of smartphones and tablets has contributed significantly to the market’s growth. The demand for mindfulness meditation applications becomes a need for an educational foundation. Through mindfulness meditation applications or application presentations at training organizations, these applications help children develop deep frontiers regarding greater concentration, mindfulness, strength, and tolerance. Additionally, the organizations that create the applications are focused on sending out various campaigns worldwide so that all educators and students can engage in mindfulness meditation applications.
Furthermore, the pandemic invoked a rising need for featured mindfulness meditation application solutions for taking care of patients, making it easy for individuals to stay on top of their needs. Therefore, although the global mindfulness meditation application market plummeted initially due to the adverse impact of the COVID-19 pandemic and the related regulations, it is expected to recover strongly due to the individual’s increasing dependency on mindfulness meditation applications across the world.
The top five companies in the market Mindfulness Everywhere Ltd., Simple Habit, Inc., Smiling Mind, Headspace, and Breethe. The above listing of key players is derived by considering multiple factors such as overall revenue, current well completion equipment and services portfolio, new product launches, market initiatives, investment in technology up-gradation, mergers & acquisitions, and other joint activities. A few of the important market initiatives and product developments from the industry are mentioned below:
| Year | News | Region |
| 2021 | Breethe, a global meditation and mental wellness app, has announced that it has collaborated with WW International, Inc., a human-centric technology company powered by the world’s leading commercial weight management program, to promote the importance of stress management and mindset in building healthy, sustainable habits. | North America |
| 2020 | Simple Habit meditation app launched “Better Together,” a mental health awareness initiative to help people connect through COVID-19 crisis. | North America
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| 2021 | The international version of the meditation moments app was officially introduced in January 2021. With this product development, the company is planning to expand their reach across United States and other countries. | Europe |
