IMARC Group, a leading market research company, has recently releases report titled “Mobile Business Intelligence Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032. The report offers a comprehensive analysis of the industry, which comprises insights on the global mobile business intelligence market forecast. The global mobile business intelligence market size reached US$ 13.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 51.5 Billion by 2032, exhibiting a growth rate (CAGR) of 15.3% during 2024-2032.
Mobile business intelligence (MBI) refers to the ability to offer business and data analytics services using mobile or portable devices to remote users. It enables users to use the same or comparable features and processes as a desktop-based software solution with limited computing capacity and built-in messaging functionality. Most MBI products are equipped with advanced functions to facilitate mobile communication, enabling the instant transfer of photos, voice, or videos. They enable executive engagement and increase the value of collaboration during data analysis. Currently, MBI finds extensive applications in the banking, financial services and insurance (BFSI), IT and telecommunications, healthcare, retail, government, and manufacturing industries across the globe.
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Mobile Business Intelligence Market Trends and Drivers:
The global mobile business intelligence market is primarily driven by the increasing demand for big data analytics to make crucial business decisions quickly. Moreover, the ongoing development of technology and the increasing bring your own device (BYOD) trend in enterprises are positively influencing the market growth. Additionally, the rising public and private sector investments in the employment of MBIs is another major growth-inducing factor. Furthermore, the widespread adoption of the internet of things (IoT), which enables mobile devices to exchange data over cloud-based networks and software platforms, has catalyzed market growth. Other factors, including the rising sales of mobile phones and wearable devices, rapid automation in the banking sector, and the expanding e-commerce platforms, are also anticipated to drive the market further.
Competitive Landscape with Key Player:
- 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.)
- Zoho Corporation Private Limited
Mobile Business Intelligence Market Report Segmentation:
Breakup by Solution:
- Software
- Service
Breakup by Deployment Mode:
- On-premises
- Cloud-based
Breakup by Enterprise Size:
- Small and Medium-sized Enterprises
- Large Enterprises
Breakup by Application:
- Fraud and Security Management
- Sales and Marketing Management (Customer Engagement and Analysis)
- Predictive Asset Maintenance
- Risk and Compliance Management
- Supply Chain Management and Operations
- Others
Breakup by End User Vertical:
- BFSI
- IT and Telecommunications
- Healthcare
- Retail
- Government
- Manufacturing
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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