Global Parental Control Software Market Expected to Grow at a CAGR of 9.4% During 2018-2028
The parental control software market is expected to register a CAGR of 9.4% during the forecast period.
Albany, NY -- (SBWire) -- 10/22/2018 --With the advent of technology and innovation to its supreme position, there have been equipment and software which have helped people to manage tasks without putting much effort. Parental control software includes features that guide parents and guardians to monitor their children's use of smart devices, especially mobile phones. In addition, parental control software are aimed to protect and safeguard kids from online threats, such as explicit content, cyberbullying, violence, as well as overuse of internet-connected devices. Market Research Reports Search Engine (MRRSE) has included a new research study which analyzes the global market for parental control software for the current and future period until 2028. This assessment is titled "Parental Control Software Market: North America to Witness the Highest Demand and Adoption During the Forecast Period: Global Industry Analysis (2013 – 2017) and Opportunity Assessment (2018 – 2028)", which studies the market dynamics and trends across eight regions; namely, North America, Latin America, Eastern Europe, SEA, Western Europe and Others across Asia Pacific, China, Japan and MEA.
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As per research findings, the global parental control software market is expected to grow at a CAGR of 9.4% during the stated forecast period. The primary aspect motivating the parental control market is basically an increase in the use of social media portals by children. Based on deployment, the cloud segment in the parental control software market is projected to acquire the largest share in 2028. Further, this segment is also anticipated to deliver t a double digit CAGR. Further, based on platform, the android segment across the parental control software market is likely to offer 79.6% (approx.) of market share in the year 2028.
Focusing on the regional bifurcation, the parental control software market across North America is likely to experience the highest growth in the global market. This advancement is due to the increasing adoption of smartphones & tablets by children in the target region, added with the expansion of business of internet services providers. As the report proceeds, readers can check out the market structure analysis which includes the knowledge associated to different tiered companies. It is presented based on large, medium and small companies. Further, market concentration is also part of this section that covers the analysis of the top 10 players operating in the global parental control software market. Finally, the competition analysis is delivered that discusses the product portfolio, sales footprint and company overview of major players.
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