Global Parenting Apps Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Parenting Apps Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A series of accidents may occur in the process of parenting, which is not an easy thing. Parents need to face new situations and challenges constantly. Parenting Apps provides some useful tips and guidance. The app features calendar, scheduling, messaging, appointment, and finance tools to help co-parents better communicate and manage their shared lives.

Market Overview:

The latest research study on the global Parenting Apps market finds that the global Parenting Apps market reached a value of USD 692.3 million in 2022. It’s expected that the market will achieve USD 1450.1 million by 2028, exhibiting a CAGR of 13.11% during the forecast period.

Global COVID-19 Status and Economic Overview

The outbreak of COVID-19 is affecting almost every region in the world. Each region has been affected by a significant growth and demotion. East Asia and the Pacific will grow by only 0.5%. South Asia will contract by 2.7%, Sub-Saharan Africa will contract by 2.8%, the Middle East and North Africa will contract by 4.2%, Europe and Central Asia will contract by 4.7%, and Latin America will contract by 7.2%. These downturns are expected to reverse years of progress towards achieving development goals and plunge thousands of people into extreme poverty. Emerging markets and developing economies will be hit by economic resistance from multiple quarters: a weak medical system, losses in trade and tourism, reduced remittances, insufficient capital flows, and increasing debt pressures that have led to tight financial conditions. Developed economies are expected to reduce 7%. This crisis has exceeded the speed of the global economy, and a global recession has become inevitable.
Due to the pandemic of COVID-19, the global economy is expected to lose nearly US$8.5 trillion in output value in the next two years, which will erase almost all the gains of the previous four years. The sharp economic contraction marked the worst contraction since the Great Depression in the 1930s, while the economic downturn at the beginning of the year was only 2.1%. And the outbreak of COVID-19 will aggravate the phenomenon of poverty and inequality. By 2030, 130 million people may join the ranks of the extremely poor, which has hit the global efforts to eliminate extreme poverty and hunger. This epidemic has greatly damaged low-skilled and low-paying jobs, while at the same time making high-skilled jobs less affected, which will further increase income inequality within and between countries.

Market Development Constraints

Parenting Apps is not a necessity in parenting. Therefore, the introduction of market flow is very important. Some parents think that the content in Parenting Apps is too messy, which requires parents to identify carefully. This is not a time-saving method. Therefore, the effect of Parenting Apps is limited. This is one of the reasons why the Parenting Apps market is limited.

At the same time, in some areas with underdeveloped economy and network, the penetration rate of smart phones needs to be improved. The lack of infrastructure will directly affect the audience of products and service groups, and limit the expansion of the market.

In addition, the software product itself is a creative product, and the confidentiality of the core technology of the product itself is very important. For a long time, when developing software products, some companies only pay attention to the technology itself, while ignoring the protection of patents. The flow of technical personnel in software industry is a very common phenomenon. With the loss and change of technical personnel, it is likely to lead to the leakage of products and new technologies, resulting in the theft of software products by other companies, resulting in the failure of the project.

Meanwhile, at present, the market competition of Parenting Apps is fierce, and all participants are competing for market share. There are many well-known large companies in the market, which have market competitive advantages in technology, capital, market channels and brand awareness. In addition, the market of Parenting Apps is an industry with great potential, and the driving force of the market urges more and more capital to flood into the market, which further intensifies the market competition. The Parenting Apps market is different from the general product market, and it focuses on functionality, so consumers will pay great attention to channels and brand awareness. The above are the main factors that limit the development of Parenting Apps market.

Region Overview:

From 2023-2028, Asia-Pacific is estimated to witness robust growth prospects.

Company Overview:

Babytree, Qinbaobao, Baby Connect, MyMedela and The Bump are the five key players in the global Parenting Apps market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Parenting Apps market in the past 5 years.

BabyTree operates as a parenting website. The Company provides parenting knowledge, activity, and interactive services through Internet.

Qinbaobao an app that specialises in posting and sharing baby pictures.

Segmentation Overview:

Among different product types, Baby Tracker Apps segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Android Systems segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Parenting Apps market covered in Chapter 3:

WebMD
Cozi
BabyGogo
BABYTIME
AppClose
MyMedela
Sprout Baby
Qinbaobao
BabyCenter, L.L.C.
Baby Nursing
TalkingParent
Baby Connect
Kinedu
Nighp Software
Ovia Health
ivybaby
Babytree
HelloBaby, Inc.
The Bump
OurFamilyWizard

In Chapter 4 and Chapter 14.2, on the basis of types, the Parenting Apps market from 2018 to 2029 is primarily split into:

Pregnancy Tracker Apps
Baby Tracker Apps
Co-parenting Apps

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Parenting Apps market from 2018 to 2029 covers:

Android Systems
IOS Systems

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)