About Mobile BI
The mobile application has an escalating demand at a global level due to its user-friendly interface. These applications are the need for users it uses personal portable devices such as smartphones, tablets, or laptops, as they provide real-time data to the users. Mobile BI (Business Intelligence) also delivers real time data to their needful resources. Further, increasing size of the organization and rising adoption of the new technology and analytical software into the business process resulting in less cost of these applications is propelling the market growth.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 22.38% |
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market soon. Players are anticipated to focus on the development of electric and hydraulic compounds, which is likely to encourage the growth of the global market throughout the forecast period. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Mobile BI market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM Corporation (United States), SAP SE (Germany), Microsoft Corporation (United States), Oracle Corporation (United States), MicroStrategy (United States), SAS Institute (United States), Tableau Software (United States) and Information Builders (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are TIBCO Software (United States), Yellowfin International Pty Ltd. (United States), Qlik Technologies (United States) and Birst, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Mobile BI market by Type (Software and Services), Application (Sales and Marketing Management, Risk and Compliance Management, Supply Chain Management and Procurement, Operations Management, Customer Engagement and Analysis, Predictive Asset Maintenance, Fraud and Security Management and Others) and Region.
On the basis of geography, the market of Mobile BI has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End users, the sub-segment i.e. Media and Entertainment will boost the Mobile BI market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Services, the sub-segment i.e. Managed Services will boost the Mobile BI market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Business Function, the sub-segment i.e. Finance will boost the Mobile BI market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organisation Size, the sub-segment i.e. SMES will boost the Mobile BI market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Adoption BYOD and Access to Real Time Data and Integration IoT in Mobile Devices and Rapid Adoption of Mobile Enterprise Application Platform
Market Growth Drivers:
Increasing Number of Smartphone Users and Rapid Advancement of Mobile Features, Real Time Accessibility of Information on Various Mobile Platforms, Rising Adoption of Cloud and On premise Providers of Business Intelligence Software and High Adoption of the Technology and Analytical Software into the Business Process
Challenges:
Data Privacy and Concerns is Posing a Challenge for the Market
Restraints:
Lack of Suitable Data Governance Processes is hindering the Market Growth
Opportunities:
Increasing Customer Satisfaction due to rising Profitability and High Investment by the Government in IT Sector
Market Leaders and their expansionary development strategies
In November 2021, Sisense merged with Periscope Data to combine data analytics and BI capabilities into a unified platform with improved mobile support.
In January 2022, SAS introduced Viya 4 with innovative AI and ML capabilities to allow easier mobile access to analytics.
Key Target Audience
Mobile BI Application Service Providers, IT Manufacturers, Traders/Suppliers & Distributors, Industry Association, Downstream Vendors, Marketing & Consulting firms and Venture Capitalists
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.