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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

Buy Now Report ID: 3361 | Published Date: Feb 08, 2023

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

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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


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Mobile BI Market
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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.


Market Segmentation

Market-Growth-Drivers

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


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Top Featured Companies Dominating the Market

top-features-companies
    • 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

In-the-news

In The News


preview-analysis

Global Economic Impact

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Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.


Author Credits:  Abhishek Verma, Hetal Singh


Key Questions Answered in the Report

1) What are the major factors driving the growth of the mobile BI market?

Ans: Growing demand for remote access to data amongst business organizations is a major growth factor for the market.

2) What would be the CAGR of mobile BI market over the forecast period?

Ans: The market is anticipated to attain a CAGR of ~25% over the forecast period, i.e., 2022 – 2030.

3) What are the challenges affecting the mobile BI market growth?

Ans: Security concerns, and network issues are estimated to hamper the market growth.

4) Which region will provide more business opportunities for growth of mobile BI market in future?

Ans: The market in the Asia Pacific region is estimated to witness highest growth during the forecast period owing to the growing digitalization and technological advancement in the region.

5) Who are the major players dominating the mobile BI market?

Ans: The major players in the market are Microsoft Corporation, SAP SE, Oracle Corporation, MicroStrategy Incorporated, SAS Institute, Tableau Software, Information Builders, and others.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the mobile BI market?

Ans: The market is segmented by type, application, end-user, and by region.

8) Which sub-segment captures the largest market size in the application in the mobile BI market?

Ans: The fraud management segment is anticipated to hold largest market size over the forecast period and display significant growth opportunities owing to rising privacy security concerns amongst business organizations.

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