Mobile Analytics Market Top Players Shaping Industry: Yahoo Inc., IBM Corporation, Mixpanel, Crittercism, Google, Upsight, Webtrends, Amazon Web Services

Mobile analytics refers to the analysis and capturing of data from mobile websites, mobile apps, and others. This analytical tools helps companies to develop business strategies, which is based on real insights that will help in gaining competitive edge in the market.

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Increasing number of mobile users and growing adoption of mobile apps are major factors expected to drive growth of the market over the forecast period
Increasing penetration of mobile phones globally is a major factor driving growth of the global mobile analytics market. For instance, the International Telecommunication Union estimated that 4.30 billion people used mobile phones globally, which was around 58.7% of the global population. This means that there is a considerable paradigm shift from website-based revenue models to mobile app-based models.

Growing concerns relating to security breach and loss of personal information is expected to hinder the industry growth

Increasing number of fraudulent activities and security breaches over the past few years has led to major concerns for safety of personal information and credentials. Although, there is growing utilization of mobile apps, customer have less confidence, owing to breach of sensitive information. This is leading to low adoption of such apps.

Cloud-based mobile analytics segment is expected to exhibit high growth over the forecast period

Increasing adoption of cloud computing technology by businesses is expected to be a major factor for growth of the segment. For instance, according to the CISCO analysis, in 2015, the cloud traffic was 1891 EB (Exabyte) and is estimated to reach 6844EB (Exabyte) by 2020. The adoption of cloud technology will help minimizing investments used for the maintenance of IT infrastructure and usage of data warehouse for storing data. Thus, demand for cloud-based mobile analytics will provide a growth opportunity to the market.

Global Mobile Analytics Market: Regional Insights

North America accounted for the highest revenue share in 2016 in the global mobile analytics market. Early adoption of new technology and increasing penetration of smartphones are the major factors driving growth of the market.

Asia Pacific is expected to exhibit the highest growth rate for mobile analytics market during the forecast period. The region is expected to witness the highest growth, due to increasing number of tablets and smartphones users across countries such as India, China, and Indonesia. According to International Telecommunication Union (ITU), the number of smartphone users in China is estimated to increase to around 675 million by 2019, which is expected to aid in growth of the market.

Global Mobile Analytics Market: Competitive Background
Key players in the global mobile analytics market include Yahoo Inc., IBM Corporation, Mixpanel Inc., Crittercism Inc., Google Inc., Upsight Inc., Webtrends Inc., Amazon Web Services Inc., Adobe Systems Inc., and Netbiscuits Inc.

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Global Mobile Analytics Market: Taxonomy
By Product Type
• Mobile Advertisement
• Application Performance Analytics

By Deployment
• On-Premises
• Cloud

By Vertical;

• BFSI
• Government
• Telecommunication and IT
• Healthcare and Life Science
• Transport and Logistics
• Manufacturing
• Others

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This release was published on openPR.