Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Mobile BI Market size was valued at USD 13.98 billion in 2024 and is likely to cross USD 143.22 billion by 2037, expanding at more than 19.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of mobile BI is estimated at USD 16.31 billion.
The growth of the mobile BI 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 dependence 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 Sector: Growth Drivers and Challenges
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
Mobile BI Market: Key Insights
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
19.6% |
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Base Year Market Size (2024) |
USD 13.98 billion |
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Forecast Year Market Size (2037) |
USD 143.22 billion |
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Regional Scope |
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Mobile BI Segmentation
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.
Our in-depth analysis of the global market includes the following segments
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By Type |
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By Application |
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By End-User
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Customize this ReportMobile BI Industry - Regional Synopsis
North America Market Statistics
North America industry is likely to account for largest revenue share by 2037, propelled by technological advancement, adoption of latest technology, and rising BYOP trend in workplaces, propelled by technological advancement, adoption of latest technology, and rising BYOP trend in workplaces. Moreover, growing work from home culture, due to the COVID-19 pandemic is another growth factor for the market.
APAC Market Analysis
The mobile BI 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.
Companies Dominating the Mobile BI Landscape
- 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
Author Credits: Abhishek Verma
- Report ID: 3361
- Published Date: Dec 24, 2024
- Report Format: PDF, PPT
