wellness – Appinventiv https://appinventiv.com Tue, 07 Sep 2021 10:12:30 +0000 en-US hourly 1 https://wordpress.org/?v=5.6 Future Of Wellness Market In 2021 And Beyond! https://appinventiv.com/blog/wellness-market-statistics-for-future-growth/ https://appinventiv.com/blog/wellness-market-statistics-for-future-growth/#respond Wed, 14 Jul 2021 12:06:39 +0000 https://appinventiv.com/?p=30889 Remember the workout tapes, aerobatics, yoga, and whatnot! Those were the times when people used to work out from home watching all those tapes and following instructions. Earlier if you met somebody before Covid-19 struck […]

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Remember the workout tapes, aerobatics, yoga, and whatnot!

Those were the times when people used to work out from home watching all those tapes and following instructions.

Earlier if you met somebody before Covid-19 struck and asked them (excluding gym freaks!!) about healthy living and their views on it, odds are you probably won’t get a convincing explanation on why they should remain active. But after the arrival of the stay-at-home lifestyle, individuals got motivation to displace their stationary way of life with more blood-pumping activities.

This flood to get fit and live a healthy life resulted in individuals having digitized their routine through use of ARs in exercising, use of mobile apps, and exercise video recordings via social channels, such as Youtube, Facebook, and Instagram stories.

The last couple of years has made individuals throughout the world to become self-aware about the significance of wellbeing and health. To place things into a certain point of view, wellness industry statistics are by and large depicted as a method to be followed to accomplish top mental health and physical prosperity. 

Here are some wellness industry statistics to understand why the future for this market is bright and what trends in the wellness industry can be adopted.

trends in the wellness industry

Health and Wellness Stats and Facts

1. The wellness industry is valued at $4.5 trillion

According to research by the Global Wellness Institute, the wellness industry is valued at $4.5 trillion and is continuing to grow at a historic rate.

2. Global wellness forecast by PwC

The report by Global Wellness Institute states that the physical activity economy will exceed $1.1 trillion by 2023. The report also states that Asia-Pacific will overtake North America as the largest market, with 40% of global growth through 2023. Mindful movement will be the #1 growth sector (12 percent annually from 2018–2023), taking a jump from $29 billion to $52 billion market.

3. Health and wellness market value is said to grow by USD 1,299.84 billion during 2020-2024.

As per the Health and Wellness Market by Product and Geography – Forecast and Analysis 2020-2024, the health and wellness market size is expected to grow by USD 1,299.84 billion with a CAGR of 6.37% during 2020-2024.

Global Health and Wellness Market

4. Global Digital Health Market Size Will Grow to USD 220.94 Billion by 2026

According to the recent analysis research report; the Global Digital Wellness Market size in 2019 was approximately USD 84.08 Billion. The market is expected to grow at a CAGR of 14.8% and is anticipated to reach around USD 220.94 Billion by 2026. 

5. The PwC report wearable device has determined the wellness wearables market to reach $27 billion by 2022.

This massive growth is based on the expectations of the consumers regarding their wearable devices.

According to the PwC report, 70% health-conscious consumers want their wearable devices to help them live longer, 63% want to maintain a healthy weight, and 62% want to reduce their health insurance premium. 

6. Workplace wellness market is projected to grow to $66 billion by 2022

According to the Global Wellness Institute estimate, only 10% of the world’s employees have access to workplace wellness programs and services, that too mostly from North America and Europe. Workplace wellness in 2017 had a $48 billion market, which in 2022 is projected to grow to $66 billion.  

7. Wearable device sales with $24 billion+ market by 2022

According to CCS Insight, worldwide smart wearable device sales to double between 2020 and 2025 to 388 million. The report also states that over 1.2 billion devices will be used by the end of 2025, with yearly sales approaching 400 million units in the year.

The report also states that of the 258 million smartwatches that will be sold in 2025, about 40% will feature cellular connectivity.

8. Global Wellness Market estimated to be more than $1.5 trillion

According to Mckinsey, the global wellness market is estimated to be more than $1.5 trillion, with annual growth of 5% to 10%.

The research was based on noticing the consumer interest and purchasing power as spending on personal wellness is rebounding after stagnating during the COVID-19 crisis. Currently the wellness market is increasingly getting crowded, being strategic about where and how companies compete.

9. The wellness tourism is projected to reach US$1.2 Trillion by 2027

According to Business Wire, the global market for Wellness Tourism is projected to reach US$1.2 Trillion by 2027, growing at a CAGR of 6.6% over the period 2020-2027.

The Wellness Tourism market in the U.S. was estimated at US$212.7 Billion for 2020. Currently the U.S. accounts for a 28.9% share in the global market. Apart from U.S., China is forecast to reach an estimated market size of US$220 Billion by the year 2027 with a CAGR of 10.5%.

Global Wellness Economy 

10. Health and Wellness Market Revenue will reach $6033196 Million in 2025

The Health and Wellness market revenue was 4428174 Million USD in 2019, and the wellness industry future will reach 6033196 Million USD in 2025, with a wellness industry growth rate of CAGR of 5.29% during 2020-2025.

This wellness market report is dedicated to providing niche markets, potential risks, opportunities, and strategy analysis in different fields to focus on.

11.  Revenue in meditation apps segment is projected to reach US $5,008.93m in 2021

One of the interesting statistics for meditation app is the revenue. As per Statista reports, the revenue of meditation apps is expected to show an annual growth rate of 18.61%, resulting in a projected market volume of US $9,914.80m by 2025. The average revenue per user is expected to reach US $41.94.

Is The Wellness Market Growing?

With these stats and increasing consciousness on health there is no doubt that the future of health and wellness industry growth is rising with the way consumers approach their physical, emotional, and spiritual wellbeing.

With the positive and growing predictions for the wellness industry, there is a vast degree of scope for organizations to make the most of the forecast and upcoming wellness market trends

Sooner, the health industry worldwide will observe new health and wellness business trends, driven by consumer interest and demand along with development from the main players in the market. Opportunities present in business are to be discovered across various segments including the one in luxury spas, fashion, and wellness tourism.

From the development of applications by wellness software development company which will personalize the experience for consumers, to utilizing technologies like AI, AR, there will be an emphasis on giving the customers an exciting experience. 

Simultaneously, the profile of service providers in the health area is also observing a huge change. Along with the established chains, there has been an expansion of new businesses or startups which are enjoying some real success on the flood of the growing interest among the customers. With celebrities joining the bandwagon, by promoting and collaborating with the health and wellness brands, there appears to be a great chance for value creation.

Wellness Defined By Customers

According to Mckinsey research, their Future of Wellness survey released the categories that interest consumers the most. Categories are:

Wellness across six dimensions

  • Better health
  • Better fitness
  • Better nutrition
  • Better appearance
  • Better sleep
  • Better mindfulness

mental health and wellness digital solution

Wrapping Up

These were some of the health and wellness stats mentioned that tell how the wellness industry’s future is changing with time. Now that we have encountered the facts and predictive future reports, all we need to do is look out for the wellness industry trends that will stick around making an impact.

There is no doubt that the health and wellness industry has increased the customer’s attention and interest. We need to keep a tab on the future of the health and wellness industry.

Fitness apps along with meditation apps and health related apps have become quite popular. Thus, if you are looking for any expert advice, then connect with the top Wellness & Fitness app development company experts for great advice. You can also consider our wellness app developers for your app idea.

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A Quick Guide to Mood Tracking App Development for Entrepreneurs https://appinventiv.com/blog/mood-tracking-app-development/ https://appinventiv.com/blog/mood-tracking-app-development/#respond Mon, 27 Apr 2020 13:25:47 +0000 https://appinventiv.com/?p=19874 “Gosh, not again.” “I’m feeling anxious.” “I don’t know why I’m feeling so emotional. I want to cry my heart out”. With the increasing stress and negative emotions in our lifestyle, such thoughts have become […]

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“Gosh, not again.”

“I’m feeling anxious.”

“I don’t know why I’m feeling so emotional. I want to cry my heart out”.

With the increasing stress and negative emotions in our lifestyle, such thoughts have become common. People, these days, are struggling with their mood swings, which are affecting their personality and mental health adversely.

This constant mood fluctuation is why mood tracking applications are coming into play.

These applications, with the core intent to help them track their moods on a daily basis, are establishing themselves as the right companion for the users – much like a Fitbit application. Because of this, the mood tracking app market is mushrooming; making Entrepreneurs and investors too interested in mood tracking app development.

But, what’s the reason behind this market growth? How do these applications serve users with better mental health? What are the benefits of mood tracking apps?

Let’s find out here.

Reasons Behind this new-found Disruption of Mood Tracking App Market

benefits of mood tracking apps

1.  Health Awareness

With time, people are getting concerned not only about their physical health, but about their mental health too. They are practising meditation and investing their time and efforts into every such activity that gives them peace of mind. Something that is possible only when their body secrete positive and healthy emotions for a prolonged time.

This is the foremost reason why users take an account of their moods on a daily basis and approach the medical experts, if they sense negative emotions submerging the positive ones more often.

2.  Better Control

It has been a fact that when our mood is not right, we find it difficult to focus on any task. We cannot analyze anything appropriately and accurately, which slowly and gradually affects our daily set goals and the decision making capabilities.

A mood tracking app, in this case, offers the advantage of establishing a long-term record of our mood and easily identifying the spot patterns and triggering elements. This further helps with taking better control of our emotions.

3.  Poor Healthcare Options

Another reason that is behind the growing number of people enjoying the benefits of mood tracker apps is the lack of proper healthcare options.

In various cases, the healthcare practitioners are terribly overburdened. So, they pay more attention to serious and critical health ailments, completely overlooking the emotions that can later turn into depression and other such mental problems.

The use of mood tracker apps, in this situation, bridges the gap between healthcare practitioners and patients by providing users a way to track and analyze their mood fluctuations. Which later helps the specialist to offer them the right guidance and treatment to relish better mental health.

4.  Progressive Lifestyle

Last but not least, these applications keep a long-term record of users’ moods. This eases the process of identifying triggers and trends, and planning around making the positive changes in the lifestyle. Also, these applications help you to determine whether you are taking the right steps for managing your mood or not. And this way, keep a track of the progress to ensure a progressive and healthy lifestyle.

Due to these benefits, the mood tracking apps market is flourishing significantly. It is, in fact, proven to drive a bigger share of the wellness app market size. The one that is anticipated to be worth USD 1,299.84 Bn between 2020-2024.

Knowing this, if you are planning to step into the best mood tracker app market, it’s important to have a clearer understanding of the essential features required to create mood tracking app.

Features to introduce in your mood tracking app development RFP 

mood tracking app features

1. Mood Diary

As stated by the name, this mood tracking app feature lets users feed information about how they are feeling throughout the day just like we write our memories and daily achievements in a dairy. In fact, there are various applications that ask different sets of detailed questions which helps users with getting a better understanding of an emotional state, how long they remained in that state, and more.

2.  Mood chart

Since visual content can aid in understanding and analyzing complex information easily and effortlessly, the mood tracking applications also come loaded with the mood chart feature. This feature plots graphs and charts using different dimensions which makes it easier for users to focus upon any particular time or place and get a clear picture of their emotional state.

3.  Health Diagnosis

This feature of mood tracking mobile application lets users and medical practitioners monitor health symptoms of the former and get detailed information of their progress in the field of depression, bipolar, anxiety, and other disorders.

4.  Social Media integration

Social media integration, which is also one of the essential features of fitness apps like Fitbit, is yet another feature that must be included in your mood tracking app.

This mood tracking apps feature let users easily share their data with doctors and others to make it possible for the experts to gather and analyze their emotional level in real-time and devise a better plan to fight back depression and other such ailments.

5.  Set Goal

‘Set a goal’ is also a must-have feature to focus upon while investing in the best mood tracker app development.

This feature lets users set a daily, weekly or yearly goal, and encourages them to take different steps towards achieving these goals. And this way, improve their mental health and wellness state.

6.  Statistics & Calendar

Another app feature to keep into consideration when it comes to determining how to create a best mood tracking app is that of statistics and calendars.

This feature again gives users an opportunity to keep track of their moods over a longer period of time and get an estimate of mood swings anytime and anywhere.

7.  Community Support

When talking about how to develop a best mood tracking app, the feature of community support is also a must.

This feature lets users connect with others across the globe and build a community that’s battling the same psychological issues. Or, have a strong knowledge of how to deal with those issues. These people can support them in making their mental health better by assisting in picking up some new good habits, or by simply being there for them to share their ups and downs and identify their emotional cycle.

8. Mix and Match Games

To make your app even better, integrate games, audio, activities and tools for mood improvement in it. Integrating games in your app can engage your users in the best possible way and can help relieve their stress, anger, and anxiety.

9. Integration with Wearables

Without any doubt, your app should support integration with wearable devices in order to meet the needs of consumers. This would help users to calculate heart rate, pulse rate, and several other things that will help them keep track of their health. You can also provide your users with tools within the app that help them find how their thinking patterns cause stress and anxiety.

10. Friend List Integration

If a user is having a bad day or he/she is stressed, then there is no doubt that they would want to talk to someone. This is why your app must have a section of friend list where you can find people to talk to in times of need. You should give users a chance to add friends from the contact list, social media, or manually by adding a phone number.

These features of mood tracking mobile applications are making users feel inclined towards mood tracking applications. These features can be used for different types of mood tracking apps. Now that we know how to develop a mood tracking app, let’s take a look at key players of the mood tracking app segment.

Key players of the mood tracking app segment

top-mood-tracking-apps

All these different types of mood tracking apps are ruling hundreds of hearts and earning hefty amounts of profits. Something that is basically possible because of the set of features and functionalities they avail.
Moving forward, let’s have a look at what tech stack Entrepreneurs should consider to create mood tracking app.

Technology stack that backs mental health apps like Happify

mood tracking app technology stack

As already shared in an earlier blog, the technologies, APIs, and platforms we pick for frontend and backend development makes a huge difference in the success level of apps for tracking mood.

So, it is advisable to connect with the wellness software experts for picking the right tech stack for your app.

Now as you are well familiar with the technicalities of how to develop apps for tracking mood, let’s take a turn towards the business front. Starting with checking for the amount of investment you need to invest into the process of turning an idea into a full-fledged application.

How much does developing a mood tracking app costs?

The cost to build a mobile application for tracking moods depends on multiple factors. This includes the number and types of features you add to your application, the tech stack you opt, the platform you plan to target upon, the size and location of the hired wellness software development company, and more. 

In such a scenario, it is advisable to not fall for the notion that there’s a fixed value to the cost of developing a mood tracking app. Rather, look ahead to know the cost-affecting factors and get an estimate.

contact our wellness software experts

While this has given you an idea of how much money you have to invest to build an application that enters the list of best apps for mood tracking, it would be unfair to not discuss how to retrieve their money back when discussing the business front. 

Now as we know about mood tracking app development cost, let’s look into the business revenue monetization strategies to follow during mood tracking application development.

How to earn money from mood tracking app?

1. In-app Advertising

In-app advertising is one of the easiest yet profitable ways every reputed wellness software company recommends.

Under this monetization strategy, you display a third-party advertisement within your app interface. Based on user interactions in terms of views, clicks, and actual conversions, you get an amount of money from your third-party partner. 

2.  Sponsorship and Partnerships

Another way to earn money from your Android and iOS mood tracking app is to get into partnership and sponsorships with reputed healthcare and wellness organizations. These organizations will access user data in real-time from your platform and other related insights and provide you with a hefty amount in return.

[Note: The user personal information is not shared with anyone without their consent.]

3.  In-app Purchases

Last but not the least, in-app purchases are also one of the best ways to make some profits from investing in best mood tracking app development. This method of app monetization, available both on Android and iOS, lets Entrepreneurs earn money in return for the use of mood tracker apps’ exceptional features like buying additional features (including buying new emoticons), getting filtered reports of their annual record, and much more.

Now let’s wrap up this article looking into the tips and tricks to follow during mood tracker mobile app development.

Tips and tricks to make your mood tracking app standout

Tips and tricks to make your mood tracking app
Add user-friendly navigation: The look and feel of your mood tracking app should be user-friendly and subtle. Your users should feel comfortable while using the app instead of stressing out. That’s why we recommend adding a few design elements, user-friendly features and easy navigation to your mood tracking app design.

1. Use new technologies like AI and ML:

While making the best mood tracking app, you can make use of emerging technologies like machine learning and artificial intelligence. These technologies will help users see the analytics and understand the effect of various factors on their moods. In addition, using such technologies can help in finding the best practices to lift the mood or cheer up a user based on personalized suggestions and preferences.

2. Add a USP:

There’s no denying the fact that there are several mood tracking apps available on app stores. So, in order to make your app stand out, you will have to add a unique feature to it. Try to make your app more engaging and helpful for users. For instance, you can add a chatbot to your app or you can also consider adding IOT mood trackers.

3. Do not overuse features:

Trying to make something unique doesn’t mean you should load your app with irrelevant features. Make sure that you don’t confuse your users by adding waste of time features into your app. Rather try to keep it as subtle and simple as possible.

4. Use games to engage users:

By using gamification techniques, you can engage users and make them regular customers of your application. For example, you can reward them with points when they don’t feel stressed or you can also include stress buster games.

Final Note

We hope this article will help you to understand the process of mood tracking app development and the cost of developing mood tracking app. In case you are interested in Wellness App development service, you can contact a reputed Wellness App development Company. They will guide you through the entire process and help you in building a top-notch wellness app.

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The Only Resource You Need for Calm-like Meditation App Development https://appinventiv.com/blog/calm-like-meditation-app-development/ https://appinventiv.com/blog/calm-like-meditation-app-development/#respond Tue, 10 Dec 2019 12:53:10 +0000 https://appinventiv.com/?p=13926 “He who lives in harmony with himself, lives in harmony with the universe.” -Marcus Aurelius WhatsApp deactivated.  Facebook Uninstalled.  Airplane Mode On.  For a long time, smartphone users have followed this approach to focus or […]

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He who lives in harmony with himself, lives in harmony with the universe.

-Marcus Aurelius

WhatsApp deactivated. 

Facebook Uninstalled. 

Airplane Mode On. 

For a long time, smartphone users have followed this approach to focus or simply live a stress-free life. They have cursed mobile applications for the distraction and anxiety they face in their daily lives.

But, this perspective changed drastically the moment mindfulness apps came into existence. 

Mobile applications like Calm begun helping users meditate and live a peaceful live even when keeping their phone aside. A result of which is that the mindfulness meditation app market, as per the latest statistics, which was valued at USD 188.64M as of 2018, is expected to grow to USD 4,377.95M by 2027, with a CAGR of 41.3%.

Forecast of Meditation Market in the U.S for 2022

This not only made users enjoy a peaceful life without leaving the digital world, but also proved that it’s a good decision to step into this market with the assistance of top app development companies.

But, before you or anyone think in this direction and invest in calm like meditation app development, it is advised to be familiar with the reason behind this popularity. Or better say, having the knowledge of key driving factors of calm like mediation app market size. A glimpse of which we will cover in the next section of the article.

Factors Behind Far-Fetched Growth of Mindfulness App Development Market

1. Stress and Mental Healthcare Awareness

In the present days, around 75% – 90% of people in the United States visits doctors for stress-related issues and around 13% of kids are showing the symptoms of anxiety disorder because of stress. 

Because of this, more and more people are becoming conscious about the ill effects of stress and mediation as a way to improve their mental health. Something that is giving a push to the mindfulness app development market.

2. Rise in Use of Smartwatches and Smart Screens

With an increase in the number of smartwatches and smart screens, people are getting an opportunity to keep a real-time record of their mental health and well-being. This is again favoring the flourishing market for meditation apps. 

Now while you know the reasons that ignite the zeal to develop mindfulness app like Calm or HeadSpace, let’s move to the best mindfulness meditation apps in the market.

Top Players of Mindfulness Meditation Market

Top Players of Mindfulness Meditation Market

All these best mindfulness meditation apps – right from Headspace to Happier, Buddhify, Insight Timer, Smiling Mind, and The Mindfulness App are doing an amazing job in the marketplace. But, the one we will focus entirely in this article is Calm application.

A Basic Introduction of Calm Mindfulness Meditation App

Introduced back in 2012 as a meditation tool, Calm has now gained a huge momentum in the marketplace as a guide for proper sleep and relaxation. The application, till date, has over 60M downloads and 80,000 new daily users. It has also received the title of the ‘Top grossing’ Health and Fitness Application and the 20th Top App on the App Store. A credit of which can be given to the simple working mechanism of this application.

What’s more, the application has recently raised a funding of $88M, valuing it at $1B and collaborated with various popular products like Soundproof Phone Booth ROOM.

This altogether has made every business enthusiast interested in calm like meditation app development and in studying guides around mood tracking app development. It has raised a hype to getting comprehend with the technicalities of the application and build a clone with the help of top Android or iOS app development company.

Assuming that you are also one of those who wish to try their luck in this field, let’s cover the technical aspects of Calm-like application here – starting with taking a look into the top meditation app features.

Meditation App Features That Your Calm-like App Must Have

Meditation App Features

1. Profile Creation

When it comes to Calm-clone app development, the foremost feature you need to focus on is Profile Creation. 

This feature, as depicted from the name, enable users to create their own profiles on the application where they can see/store all the information related to them or the activities they have participated in.

2. Sleep Stories

Under this category, users opt in for the best of the stories that relaxes their body and mind and help them sleep nicely.

3. Calm Masterclasses

The Calm Masterclasses feature of the app lets users avail exclusive classes from world’s best mindfulness experts across the globe.

4. Scenes

This app feature enables users to change the scenic view that would be the background of the application. 

5. Calm Body

From the morning stretch to warm up, this feature of Calm mobile app helps users come across the best ways to relax your body.

6. Breathing Exercises

With this feature, you can set the duration of breathing exercises and exhale all of your worries without allocating a special time for meditation.

7. Reminders

Under this category, the Calm mobile app sends different kinds of reminders to users for living a stress-free life. This includes reminders to practice mindfulness, to sleep, and to check-in the app.

These meditation app features have shown given peace of mind to users. But, what has given a new definition to calmness is the unique user experience strategy this application has worked with.

So, taking the same into consideration, let’s take a sneak peek of the Calm meditation app design strategy.

UI/UX Analysis of Calm Mobile App

UIUX Analysis of Calm Mobile App

1. Aesthetic Vibes

Right from the icons to the typography, colors, and visual elements used in the Calm mobile application, everything gives a feeling of warmth and tranquility. A major focus has been kept on making intense topics like Stress, Anxiety, Relationships, and Self-care seem balanced and a bit more comfortable.

2. Minimal App Design

Calm application has also followed the concept of minimal app design thoroughly. The app has introduced the least required features and elements on the screens to give a soothing experience to users. An evidence of which is the ‘Breathing Exercise’ app screen.

3. Push Notifications

Calm mobile application uses the power of Push notifications to remind users about their scores, next activity schedules, and more. This is not solely helping users enjoy higher benefits of this mindfulness app, but is also making it imperative for other business enthusiasts to build a push notification strategy that boosts conversions.

4. Ease of Search

The Calm app smartly categories content under different labels that eases the process of finding the right content. Also, it avails content in the voice form that lures users to pick this mindfulness meditation app over others.

5. Localization

The Calm-like mobile app has also invested in App Localization. Meaning, the app content is available in six different languages including English, German, and Spanish. These gives users an option to grab the content in their local languages, which increases the possibilities of acquiring more users.

With this covered, let’s climb to the next level of the ladder and see what mindfulness technology stack back these functionalities.

Mindfulness App Tech Stack to Pick for Your Calm-Clone App Development Project

As we’ve already shared in our blog on picking the best technology stack for your app, the programming languages, frameworks, and tools we consider leaves a great impact on the outcomes. While the right technology stack results in proper working of your app and enhances the results, the wrong one can ruin your app’s image.

So, understanding the intensity of knowing the right tech stack, let’s check for what comes under the label of mindfulness app tech stack.

mindfulness app tech stack.

Now as you know the basics technicalities, it is likely that you would be expecting discussion around the cost to develop mindfulness app like calm in the next section.

But, wait.

Before we switch to calm like meditation app development cost, it is necessary for you to be familiar with the challenges your hired app development company would face while building the app, alongside the market-related issues you would come across. 

So, let’s check for the challenges you might come across while building an app like Calm.

Challenges You Might Face While Creating a Calm-like App

1. Simplicity and Speed

The headmost challenge your hired team app developers would face is maintaining simplicity and higher loading speed while adding ample options into the application.

2. Localizing App Content

When talking about app localization, there are various key challenges associated with developing multilingual apps. Mitigating those challenges and delivering the app on pre-decided timeline would again be a challenge for your hired app partners.

3. Transparency

In the present scenario, there are various mindfulness meditation apps available in the market. However, only a few of them are backed by solid research. This has made consumers sceptical about which app to prefer and which not. And thereafter, made it challenging for business enthusiasts to win the trust of these customers and keep them hooked to their platform.

Something that is possible if you introduce the right amount of transparency into your app working.

4. Higher Subscription Rate

Users, when concentrating completely on mindfulness market, are majorly not in favor of paying subscription fee for the apps. Likewise, the companies in this domain are extensively focusing on implementing effective price benchmarking to get better outcomes.

So again, higher subscription rate can be a stumbling block in the path of Entrepreneurs planning to invest in calm like meditation app development.

With this, let’s wait no further and tear down the cost to build a mobile app like Calm.

How Much Does it Cost to Build an App like Calm or HeadSpace?

The cost to make an app, as described in detail in our mobile app development cost guide, is not fixed. It varies depending on various factors such as:-

  1. App Specifications – The cost value is directly proportional to the app size and complexity. So, if you are planning to build a full-fledged app, the budget you require would undeniably be more.
  2. Development Team – The size, location, skills, and experience of the mobile app development company you hire also make a huge difference in the app price.
  3. Tech Stack – Likewise, the programming language, tools, and other technical elements you put into your development project will also influence the cost of Calm-like meditation app development.

In such a scenario, the optimal way to get an exact cost of developing an app like Calm is to contact the best app experts.

Now, while this would have shared insights around how much you need to invest into the Calm-like meditation app development, let’s turn towards how to earn back the money. Or simply say, let’s learn about the business and revenue model of Calm mobile application.

How to Earn Back Money From Your Calm-like App?

business model of Calm-like App

1. Subscription Model

Calm and other such mindfulness meditation apps highly rely upon subscription model. That implies, a meditation app monetization model where users pay a fixed subscription fee for unlocking the advanced features of the app on a monthly or yearly basis.

2. In-App Purchase

Under this label, mobile apps like Calm and HeadSpace provides users an opportunity to pay for purchasing some services/products related to meditation from the platform itself. 

By embracing this Calm app business and revenue model, you would be able to generate revenue nearly equal to that of Calm application. But, to outshine the mindfulness app market, you would have to put some extra efforts. 

Wondering what those extra efforts would be? What ways can you accelerate the pace of gaining the Calm-like meditation app development cost back? Let’s wrap up this article covering the same.

Tips and Practices to Opt for Successful Calm-like App Development

1. Search Option

Though the Calm app has efficiently categorized the content to deliver better search experience, a search option on the app screen can elevate the outcomes. So, look ahead to introduce a search filter option into your meditation and mindfulness app like Calm.

2. Use Technologies like AR/VR

AR/VR technology can take users to a virtual environment which can trigger their fears and anxieties in a better manner. And this way, speed up their process of relaxing and improving their mental health.

So, discussing the integration of such cutting-edge technologies while planning Calm-like app development process is also an effective way to raise the outcomes.

3. Start with an MVP

While building a Calm-clone application is a profitable business, it is again a good decision to start with a MVP first. The Minimal Viable Product (MVP) will help you to enter the market with less resources, time, and budget, and improve your application depending on the changing user behavior and needs.

Frequently Asked Questions about Calm-like App Development

Q. Which app is better HeadSpace or Calm?

Since both the applications are popular in the market and offer certain value to the users, it is unwise to conclude one being better than the other without comparing. So, we advise you to go through this blog alongside that on Headspace to get an optimal answer.

Q. How to Make a Meditation App Like Calm?

When talking about developing a meditation app like Calm, the process is not as easier as it seems. You would have to focus on multiple things both from development and business front. So, we recommend you consult with top Wellness & Fitness app development company for getting a relevant answer.

Q. Is Calm meditation app free?

Some features of Calm app are free to use. But, to unlock more features and explore the world of mindfulness, you would have to pay a monthly/yearly subscription fee.

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