Menu ×

IT & TELECOM

Mobile BI Market Segmentation by Type (Service, and Software); by Application (Fraud Management, Sales and Marketing, Risk Management, Supply Chain Management, and Others); by End-User (BFSI, IT and Telecom, Defense, and Others) – Global Demand Analysis & Opportunity Outlook 2030

  • Text Size:

Extensive insights into the Growth of Mobile BI Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

Read More

Global Mobile BI Market Highlights over 2022 – 2030

The global mobile BI market is estimated to grow at a ~25% CAGR over the forecast period, i.e., 2022 – 2030. The growth of the market can be attributed to the increasing demand for accessing data remotely amongst business organizations. Using mobile BI, large data can be accessed on a go, which is estimated to drive the market growth. Increasing integration of advanced technology in business sector, rising adoption of mobile enterprise application platform (MEAP), and proliferation of in-memory computing are projected to boost the market growth. The mobile application was a USD 600 billion industry, in 2020. Moreover, the growing scale of businesses globally, with large volumes of big data, resulted in increased dependance on technology. Mobile BI technology also protects the data from security threats, and frauds. Various advantages of mobile BI, including, fraud detection, asset management, risk analysis, and others.

Mobile BI Market

The mobile BI market is segmented by application into fraud management, sales and marketing, risk management, supply chain management, and others, out of which, the fraud management segment is anticipated to hold the notable share in the market on account of increasing cases of security threats and privacy breach. According to statistics by the Federal Trade Commission (FTC), total losses caused by identity theft cases amounted to USD 502.5 billion in 2019, which increased by 42% to USD 712.4 billion in 2020. CLICK TO DOWNLOAD SAMPLE REPORT

Major Macro-Economic Indicators Impacting the Market Growth

Research Expenditure

The never-ending growth in internet accessibility around the world along with numerous technological advancements comprising 5G, blockchain, cloud services, Internet of Things (IoT), and Artificial Intelligence (AI) among others have significantly boosted the economic growth in the last two decades. As of April 2021, there were more than 4.5 billion users that were actively using the internet globally. Moreover, the growth in ICT sector has significantly contributed towards GDP growth, labor productivity, and R&D spending among other transformations of economies in different nations of the globe. Furthermore, the production of goods and services in the ICT sector is also contributing to the economic growth and development. As per the statistics in the United Nations Conference on Trade and Development’s database, the ICT good exports (% of total good exports) globally grew from 10.816 in 2015 to 11.536 in 2019. In 2019, these exports in Hong Kong SAR, China amounted to 56.65%, 25.23% in East Asia & Pacific, 26.50% in China, 25.77% in Korea, Rep., 8.74% in the United States, and 35.01% in Vietnam. These are some of the important factors that are boosting the growth of the market.

Global Mobile BI Market Regional Synopsis

On the basis of geographical analysis, the global mobile BI market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in North America region is estimated to witness noteworthy growth over the forecast period on the back of technological advancement, adoption of latest technology, and rising BYOP trend in workplaces in countries, such as, Canada, and the United States. Moreover, growing work from home culture, due to the COVID-19 pandemic is another growth factor for the market.

The market in the Asia Pacific region is estimated to witness growth with highest CAGR over the forecast period, on the back of growing technological development, increasing investment in the local market by international players, creating massive growth opportunity, and rapid advancement in smartphone features.

Mobile BI Market

The global mobile BI market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Market Segmentation

Our in-depth analysis of the global mobile BI market includes the following segments:

By Type

  • Services
  • Software

By Application

  • Fraud Management
  • Sales and Marketing
  • Risk Management
  • Supply Chain Management
  • Others

By End-User

  • BFSI
  • IT and Telecom
  • Ecommerce
  • Healthcare
  • Defense
  • Others

Growth Drivers

  • Increasing Proliferation of Technology
  • Growing Demand for Remote Access to Data amongst Organizations

Challenges

  • Network Issues and Other Signal Problems
  • Privacy and Data Security Concerns

Top Featured Companies Dominating the Market

  • IBM Corporation
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Microsoft Corporation
  • SAP SE
  • Oracle Corporation
  • MicroStrategy Incorporated
  • SAS Institute
  • Tableau Software
  • Information Builders
  • TIBCO Software Inc.
  • Yellowfin International

FREQUENTLY ASKED QUESTIONS


Related Reports


Disclaimer | Privacy Policy | Terms & Conditions

Copyright © 2021 Research Nester. All Rights Reserved