Business
Meditation apps fall off the cliff as normal life resumes
New Delhi, Aug 20
Meditation apps that gained millions of users during the peak of the pandemic have lost traction and combined user sessions of the top 10 meditation apps have fallen 48 per cent from their height in Q2 2020.
Several companies had pushed meditation apps as a solution to tackle stress and mental health challenges people faced early in the pandemic.
The user sessions of Calm and Headspace meditation apps were down 26.4 per cent and a whopping 60.3 per cent (year-on-year) in July, respectively, reports app research firm Apptopia.
Calm just announced it is laying off 20 per cent of its staff.
The top two meditation apps have had a steady downward trend for engagement metrics since January 2021.
All top meditation apps are experiencing downward trends in engagement with the exceptions of BetterMe: Mental Health and Breethe.
On average, the apps in this market are seeing their sessions down 30 per cent over the past 90 days.
However, Calm and Headspace were still able to increase revenue year-over-year in the second quarter.
"Part of the reason engagement is down may not be that people do not want to meditate but that they have or feel like they have less time to do so now that 'normal' life has resumed," according to the report.
11 hours ago
US Senate rejects measures on limiting Trump's war powers in Iran for the 4th time : Reports
11 hours ago
US warns strikes on Iran energy infrastructure if deal is not reached
12 hours ago
US presses allies to share Gulf security burden
12 hours ago
US highlights AI use in Iran operations
12 hours ago
Christopher Nolan calls ‘The Odyssey’, a 'nightmare' that he enjoyed
13 hours ago
Kritika Kamra shares experience of witnessing Mumbai of 60s and 70s in ‘Matka King’
15 hours ago
'US is reloading with more power': Hegseth warns Iran of restarting combat operations if peace deal is rejected
15 hours ago
LeT revival plans hit as co-founder Hafiz Saeed aide Amir Hamza shot at in Lahore
17 hours ago
Vaazha’ Franchise Expands: Third Film to Spotlight Women-Led Narrative
20 hours ago
Sayantani Ghosh calls her ‘Jagadhatri’ character, a reflection of her values
20 hours ago
Sara Ali Khan provides a glimpse into her time in the mountains
21 hours ago
Rashmika Mandanna relives the BTS fun with Shahid Kapoor, Kriti Sanon while shooting 'Jab Talak'
21 hours ago
Paramvir Singh Cheema-starrer ‘Sapne vs Everyone’ season to drop on May 1 on OTT
