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Mobile BI Market Insights | Key Players : IBM Corporation, SAP SE, Microsoft Corporation and Oracle Corporation

01-14-2019 12:36 PM CET | IT, New Media & Software

Press release from: MarketsandMarkets

Mobile BI Market Insights | Key Players : IBM Corporation, SAP SE,

According to recent research "Mobile BI Market by Type (Software, Services), Business Function (IT, Finance, Sales, Marketing, Operations, HR), Business Application, Organization Size (SMES, Large Enterprises), Industry Vertical, and Region - Global Forecast to 2021", The mobile Business Intelligence (BI) market is estimated to grow from USD 4.08 Billion in 2016 to USD 11.13 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 22.2%.

Browse 81 market data tables and 59 figures spread through 165 pages and in-depth TOC on “Mobile BI Market"
https://www.marketsandmarkets.com/Market-Reports/mobile-bi-market-259491833.html
Early buyers will receive 10% customization on this report.

The major forces driving the mobile BI market are increasing Bring Your Own Device (BYOD) trend, rise of Mobile Enterprise Application Platform (MEAP), growing popularity of Representational State Transfer Application Programming Interface (REST APIs), proliferation of in-memory computing, and rapid advancement of mobile device features. The mobile BI market is growing rapidly because of the transformation from traditional BI techniques for analyzing business data to advanced techniques and the massive surge of flowing structured and unstructured data.

Sales business function is expected to grow at the highest CAGR

Mobile BI tools and services are used for various business functions, which include Information Technology (IT), marketing, finance, sales, operations, and Human Resource (HR). Sales are expected to witness the highest CAGR during the forecast period among all business functions because of the increasing need for sales departments across industry verticals for shortening the sales cycle and maximizing cross-sell and up-sell opportunities across organizations.

BFSI is estimated to have the largest market size in 2016

The mobile BI market is also segmented by various industry verticals, out of which the adoption of mobile BI is expected to be the largest in the Banking, Financial Services, and Insurance (BFSI) vertical as the volume and variety of data is increasing day-by-day with the growing demand of IT systems for financial transactions in banks and other financial service institutes.

Speak to Analyst@ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=259491833&utm_source=OpenPr

North America is expected to dominate the mobile BI market during the forecast period

North America is expected to hold the largest share of the mobile BI market in 2016 due to the technological advancements and early adoption of BI solutions in the region. The market in Asia-Pacific (APAC) is expected to grow at the highest CAGR from 2016 to 2021. The primary driving forces for this growth are increasing technological adoption and huge opportunities across industry verticals in the APAC countries, especially India, China, and Japan.

The report also encompasses different strategies, such as mergers & acquisitions, partnerships & collaborations, and product developments, adopted by the major players to increase their share in the market. Some of the major technology vendors include IBM Corporation (U.S.), SAP SE (Germany), Microsoft Corporation (U.S.), Oracle Corporation (U.S.), MicroStrategy (U.S.), SAS Institute (U.S.), Tableau Software (U.S.), Information Builders (U.S.), TIBCO Software (U.S.), Yellowfin International Pty Ltd. (U.S.), and Qlik Technologies (U.S.).

Request Bundle Report@ https://www.marketsandmarkets.com/RequestBundleReport.asp?id=259491833&utm_source=OpenPr

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com

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