Mobile BI Market worth USD 15.99 Billion by 2023 |Top Key players such as -Tibco Software, Yellowfin International and Olik Technologies.

According to the report published by Allied Market Research, The Mobile BI Market worth USD 15.99 Billion by 2023 |Top Key players such as -Tibco Software, Yellowfin International and Olik Technologies. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions.

A mobile BI is a software used to store real time information that can be accessed remotely at anytime, anywhere. Increase in number of mobile internet users drives the mobile BI market significantly. BFSI is a leading category expected to register the highest market share, and is expected to grow at the CAGR of 20.2% during the forecast period due to penetration of banking in rural areas.

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The global mobile BI Market report is segmented into application, industry vertical, type, and region. On the basis of application, the mobile BI industry report is segmented into fraud and security management, sales and marketing management (customer engagement and analysis), predictive asset maintenance, risk and compliance management, supply chain management & operations, and others.

Based on industry vertical, it is divided into BFSI, IT and telecommunications, healthcare and life sciences, government and defense, energy and utilities, media and entertainment, and others (manufacturing, education, transportation, and logistics). On the basis of type, it is bifurcated into software and services.

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The global mobile BI market is segmented on the basis of regions into North America, Europe, Asia-Pacific, and LAMEA. North America led with highest market share in 2016. Asia-Pacific is expected to lead the regional mobile BI industry in the coming years due to high growth rate. The report features a competitive scenario of the mobile BI industry and provides comprehensive analysis of key growth strategies adopted by major players in mobile BI industry.

Key players profiled in the mobile BI market include International Business Machines Corporation, SAP SE, Microsoft Corporation, Oracle Corporation, Microstrategy Incorporated, SAS Institute, Tableau Software, Information Builders Inc., Tibco Software Inc., Yellowfin International Pty. Ltd, and Olik Technologies Inc.

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Key Findings of the Mobile BI Market:

• The gaming category for the mobile BI market accounted for the highest market share in 2016, growing at a CAGR of 20.2% during the forecast period

• The U.S. generated the highest revenue in 2016, with $1,208 million

• The media and entertainment category are expected to grow at a highest CAGR during the forecast period

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