Product ID: SQMIG35G2122
Report ID:
SQMIG35G2122 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|
Tables:
61 |
Figures:
75
In 2021, the North America region dominated the mental health apps market accounting for the highest revenue. Significant factors driving the market growth include the increasing use of smartphones, improvements in coverage networks, and the increasing use of the internet and social media. Smartphone usage in the North American region was over 80% in 2020 and is predicted to reach 85% by 2025, according to the GSMA's The Mobile Economy Report 2021.
Due to the increasing demand for connected devices and the increasing adoption of smartphones in the region, the Asia Pacific region is anticipated to grow at a significant rate over the forecast period. Additionally, a number of nations in the region are implementing mobile and digital health technologies to manage healthcare delivery and guarantee better results. Therefore, over the forecast period, such initiatives are expected to increase the adoption of mental health apps.
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REQUEST FREE CUSTOMIZATIONMental Health Apps Market size was valued at USD 4.49 billion in 2019 and is poised to grow from USD 5.2 billion in 2023 to USD 17.5 billion by 2031, growing at a CAGR of 15.9% in the forecast period (2024-2031).
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Product ID: SQMIG35G2122