Mobile Analytics Market Astonishing Growth with Top Influencing Key Players like OpenText Corporation, Facebook Inc., GoodData Corporation

Latest research on Mobile Analytics Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2022 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Mobile Analytics market. This report included a special section on the Impact of COVID19. Also, Mobile Analytics Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the Mobile Analytics industry.

The mobile analytics market was valued at USD 3.27 billion in 2020, and it is expected to reach a value of USD 11.38 billion by 2026 at a CAGR of 23.12% over the forecast period (2021 - 2026). 

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The Mobile Analytics market is highly competitive and consists of a number of major players. Top Companies like OpenText Corporation, Facebook Inc., GoodData Corporation, Google LLC, Tune Inc., Microsoft Corporation, Oracle Corp., GateB AG, Salesforce.com Inc. (Tableau Software Inc.), AppsFlyer Ltd.

Industry News And Developments:

- In July 2020 - Finastra and Microsoft Corp. announced a strategic, multiyear cloud agreement to help accelerate the digital transformation of financial services.

Regional Analysis:

Furthermore, to broaden the understanding, researchers have studied the global Mobile Analytics market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.

Mobile Analytics Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.

Scope of the Report

- The retail sector, especially e-commerce operations, is expected to be the major demand for mobile analytics solutions, closely followed by the banking sector. The increasing demand for automation in the BFSI sector and efforts of the e-commerce companies to create personalized shopping experience are expected to draw huge revenues to the mobile analytics market, globally.

- The rapid growth in mobile users has primarily resulted in the boost of the mobile application development industry. The mobile application development companies have been assisting businesses in planning and designing their top mobile apps that are unique yet meet the client's norms.

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Key Market Trends

Retail Industry Holds Significant Market Share

- It has been estimated that mobile devices are responsible for over 72% of internet traffic and are growing rapidly. This has been attracting many end-user industries, especially the retail sector, to make mobile devices a significant platform for marketing.

- Retailers are using mobile as a major marketing platform. The retail sector, especially e-commerce operations, is expected to be the primary source of demand for mobile analytics solutions. Efforts of the e-commerce companies to create personalized shopping experience are expected to draw huge revenues to the mobile analytics market, globally.

India Occupy Significant Market Share

- The Indian mobile analytics market is expected to grow significantly over the forecast period owing to the surge of smartphone device utilization, and an increasing number of mobile business emails. According to a TRAI report, the telecom subscribers� base in India reached 1.16 billion at the end of June 2018, with Reliance Jio adding the highest number of new customers to its mobile network. The number of smartphone subscribers in the country increased from 1.15 billion at the end of May 2018 to 1.16 billion at the end of June 2018, with a monthly growth rate of 1.33%.

- According to the Indian government, India is now the second-largest mobile phone producer in the world after China. Due to this, the country has also been witnessing a decrease in smartphone prices, which further increases smartphone penetration in the country.

What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Mobile Analytics Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

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