The global Parental Control Software market size was evaluated at $2.7 Billion in 2022 and is slated to hit $3.9 Billion by the end of 2030 with a CAGR of nearly 12.1% between 2023 and 2030.
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➤ The global market trends are being driven by the increase in the viewing of online web content and video content by children.
The entertainment industry is rapidly adopting new multimedia tools. Furthermore, the technology sector has experienced a paradigm shift, and the technologies employed in the multimedia and entertainment sectors are subject to ongoing change. This has raised concerns among parents regarding the type of video or online content that these sectors transmit.
➤ The global industry surge is hindered by significant initial installation costs and data privacy concerns.
The global parental control software industry may be impeded by the high cost of parental control software, which provides cutting-edge operations and novel applications. Additionally, the software is susceptible to data breaches and malware attacks.
➤ The global market is poised for development due to the significant increase in social media engagement among children.
The global parental control software market will experience new growth opportunities as a result of the increase in the number of children perusing social networking websites.
➤ The industry’s expansion may be significantly impeded by the threat posed to computer devices and smartphones by the use of parental control software.
Smartphones and computing equipment may be endangered by parental control software, which can result in substantial data loss. In addition, the product has the potential to corrupt other electronic devices in its proximity and be infected by malware or viruses. Additionally, it has the potential to impede the operation of desktop computers and laptops. The global industry’s expansion may be significantly hindered by the aforementioned factors.
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The Global Parental Control Software Market is segmented based on product, application and region
Global Parental Control Software Market: Product Segment Analysis
● Windows
● iOS
● Android
● Cross Platform
Global Parental Control Software Market: Application Segment Analysis
● Residential
● Educational Institutes
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The global Parental Control Software market profiles key players such as:
● Alphabet Inc.
● AT&T Inc.
● Microsoft Corporation
● McAffee LLC
● Oustodio SL
● Avast Software s.r.o.
● Bark Technologies Inc.
● NortonLifeLock Inc.
● AO Kaspersky Lab
● Router Limits LLC
● Symantec Corporation
● BullGuard
● Cisco System Inc
???? Recent Developments
• Qustodio and Bouygues Telecom, a French telecommunications company, formed a partnership in the first quarter of 2022 to offer parents cutting-edge parental control tools that will enable them to monitor their children’s online activities. According to reports, the partnership will enable Qustodio to provide cross-platform solutions for iOS phones, Windows, Android, Kindle, and Mac in France.
• YouTube introduced parental control services in the first half of 2021 to assist parents in monitoring and restricting their children’s access to restricted YouTube links and content. Additionally, the new services assist parents in monitoring their children’s internet usage, web activities, and downloads.
➤ The North American parental control software market is expected to experience remarkable growth from 2023 to 2030.
The global Parental Control Software market is expected to be dominated by North America during the forecast period. The regional market’s expansion in the years ahead may be attributed to the increasing digitization of the education sector. In addition, the regional market will expand significantly as a result of the implementation of stringent laws regarding the online safety of children in countries like the United States.
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