Mobile Business Intelligence Market Overview
The latest research study “Mobile Business Intelligence Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global mobile business intelligence market size reached US$ 9.81 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 28.86 Billion by 2027 exhibiting a growth rate (CAGR) of 17.60% during 2022-2027.
What is Mobile business intelligence (MBI) ?
Mobile business intelligence (MBI) represents the ability to compute industry and data analytics services to remote users through mobile or handheld devices. With built-in messaging functionality and limited computing capacity, this solution allows users to operate the same processes and features as that of desktop-based software. MBI systems built to support mobile communication are typically equipped with complex functionalities, thereby permitting instant transfer of voice, images, or videos. They also enable executives to cooperate and offer greater value from collaboration during data analysis. As a result, MBI solutions find widespread applications in fraud and security management, sales and marketing, risk and compliance control, etc.
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Covid-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
What are the key factors driving the global mobile business intelligence market ?
The escalating need for big data analytics in making critical decisions within a compressed timeframe and the emerging trend of the bring your own devices (BYOD) across enterprises are primarily driving the mobile business intelligence market. Besides this, the rising number of investments in both public and private sectors for the deployment of these solutions are further augmenting the market growth.
Moreover, the widespread incorporation of the internet of things (IoT), which allows mobile devices to analyze, communicate, and share information via cloud-based software platforms and networks, is also catalyzing the global market.
Apart from this, the elevating sales of smartphones and wearable devices, expanding e-commerce platforms, and the increasing automation in the banking sector are anticipated to propel the mobile business intelligence market over the forecasted period.
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Mobile Business Intelligence Market Report Scope
Report Coverage
Details
Market size value in 2021
US$ 9.81 Billion
Market forecast in 2027
US$ 28.86 Billion
Growth Rate
CAGR of 17.60% from 2022 to 2027
Base year for estimation
2021
Historical data
2016-2021
Forecast period
2022-2027
Report coverage
Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered
Solution, Deployment mode, Enterprise size, Application and End user vertical
Regional scope
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Key companies profiled
International Business Machines Corporation, Microsoft Corporation, Microstrategy Incorporated, Oracle Corporation, QlikTech International AB, SAP SE, SAS Institute Inc., Tableau Software LLC (Salesforce Inc.), TIBCO Software Inc., Yellowfin International Pty Ltd. (Idera Inc.) and Zoho Corporation Private Limited.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization preview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Solution:
Breakup by Deployment Mode:
Breakup by Enterprise Size:
Breakup by Application:
Breakup by End User Vertical:
By Geography:
List of Major Key Players:
The major players in the market are
Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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