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The global parental control software market size is expected to showcase considerable growth by reaching USD 2,159.0 million by 2028. This growth is attributed to the implementation of stringent rules and regulations to prevent online child abuse that will propel the adoption of advanced software across the globe. This information is published by Fortune Business Insights, in its latest report, titled, “Parental Control Software Market Size, Share & COVID-19 Impact Analysis, By Operating System (Windows, Android, iOS, Cross Platform/Multiplatform), By Deployment (On Premise, Cloud), By Application (Residential, Educational Institutes), and Regional Forecast, 2021-2028.” The report mentions that the market stood at USD 898.5 million in 2020 and is likely to exhibit a CAGR of 11.6% between 2021 and 2028.
TikTok Launches Family Safety Mode Feature in the UK to Aid Total Parental Control
In February 2020, TikTok, a popular social media platform, announced the introduction of a new set of parental control known as the Family Safety Mode. The new feature is designed to allow parents to set a time limit on their child’s online presence on the platform. Additionally, it includes features such as screen-time management controls, restricted mode, and a daily limit on direct messages.
TikTok further informs that the safety mode feature addresses the major concern of the parents for their child that includes spending long hours on the addictive platform and the type of content being delivered. The increasing adoption of parental control features by established social media and tech companies will favor the global parental control software market growth during the forecast period.
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Stringent Government Regulation Regarding Child Digital Safety to Augment Growth
The formulation of Children’s Online Privacy Protection Act (COPPA) 1998 ensures that the parents are entitled to have access to data regarding their child’s online activities. The rule was put into effect to prevent online crimes such as child abuse, cyber bullying, and sexual assault amongst children. According to the BBC, more than 10,000 online child sex abuse cases were registered in 2020 in the United Kingdom. The increasing incidence of child abuse has led the government to implement stringent child safety regulations to ensure child safety on online platforms. This is expected to contribute to the growth of the global market for parental control software in the forthcoming years.
Eminent Companies Focus on Merger and Acquisition to Expand Advanced Child Digital Safety Software
The global parental software control market comprises small, medium, and large companies that are trying to leverage the opportunities to gain a competitive edge over their rivals. The major companies are acquiring other small companies to expand their parental control software solutions and further develop advanced solutions to cater to the growing demand from parents.
List of the Companies Profiled in the Global Market for Parental Control Software:
Further Report Findings:
Table of Segmentation:
Value (USD Million)
Operating System; Deployment; Application; and Region
By Operating System