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Title: Global Mental Health Apps Market Set to Soar to US$ 14.2 Billion by 2030: DataM Intelligence

India, 30th Jul 2024 - The global mental health apps market has been experiencing robust growth, reaching a valuation of US$ 5.1 billion in 2023 and is projected to surge to US$ 14.2 billion by 2031, with a compound annual growth rate (CAGR) of 14.1% during the forecast period of 2024-2030 as per the latest report published by DataM Intelligence. This market growth is driven by an increasing demand for accessible and convenient mental health support solutions, facilitated by the widespread use of smartphones and advancements in technology.Key Industry Insights & Findings from the Report:Based on app type, the meditation management segment accounted for the highest revenue share in 2022. This is due to the increasing awareness and adoption of meditation practices to manage stress and anxiety.Based on platform, the iOS segment is expected to grow at the highest CAGR of 30% from 2023 to 2030, driven by the high penetration of iPhones and the preference for iOS apps among users.North America is expected to register the fastest CAGR over the forecast period due to the high prevalence of mental health issues and the availability of advanced healthcare infrastructure.Additionally, the rising trend of digital health solutions in countries like the US, Canada, and Mexico is expected to drive significant growth in the regional market.Download Free Sample: https://www.datamintelligence.com/download-sample/mental-health-apps-marketMental Health Apps Market Trends:Rising Demand for Accessible Mental Health Solutions The increasing awareness of mental health issues and the necessity for accessible support options have significantly boosted the demand for mental health apps. These apps provide various services, including mindfulness exercises, mood tracking, therapy...

This press release is issued by King Newswire