GITNUX MARKETDATA REPORT 2024

Meditation App Industry Statistics

The global meditation app market is expected to continue its rapid growth, driven by increasing awareness about mental health and well-being, with a projected annual growth rate of over 11% through 2028.

Statistic 1

"The global meditation market is expected to reach $9.0 billion by 2027, growing at a CAGR of 10.40% from 2020 to 2027."

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Statistic 2

"Revenue in the Apps segment is projected to reach US$4,210m in 2021."

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Statistic 3

"By the end of 2020, the wellness apps market, including meditation, is projected to generate approximately 1.5 billion U.S. dollars in revenue."

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Statistic 4

"Headspace, one of the most popular meditation apps, has reported subscriptions growing by a factor of five from 2018 to 2019."

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Statistic 5

"Calm, another leading app in the meditation market, reported $150 million in revenue in 2019."

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Statistic 6

"As of April 2020, Calm and Headspace were the highest-grossing health and fitness apps in the Google Play Store."

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Statistic 7

"The percentage of American adults who meditate has tripled from 2012 to 2017 and the use of meditation apps significantly contributes to this trend."

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Statistic 8

"As of 2017, 14% of US adults have tried meditation at least once."

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Statistic 9

"More than half of the people who were recommended an app by their doctor downloaded it, with mindfulness and meditation apps being one of the top categories."

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Statistic 10

"Around 35 million people in the US are estimated to have used a meditation app at least once in 2020."

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Statistic 11

"U.S meditation app market revenue is expected to exceed $2.08 billion by 2027."

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Statistic 12

"Happify, a digital therapeutics and behavior change app, received 289,000 downloads in the third quarter of 2020."

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Statistic 13

"The user and download data grew by 2,900% in the year 2020 on the meditation app, Inscape."

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Statistic 14

"According to a 2019 report, over 52% of employers provided mindfulness classes or training to their employees, likely contributing to the growth of the meditation app industry."

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Statistic 15

"Over 85% of reviews of the top 10 meditation apps were positive on average."

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Statistic 16

"In 2020, users spent an average of 195 minutes per month within top mental wellness apps indicating a trend toward consistent usage."

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Statistic 17

"From 2019 to 2020, the downloads of wellness apps, including meditation, increased by 30 percent."

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Statistic 18

"Insight Timer is the largest meditation app, offering 70,000 free meditations. It saw a download increase of 236% between Q1 and Q2 in 2020."

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