Mobile Business Intelligence Market to Hit USD 28.86 Billion at a 17.60% CAGR by 2027

Mobile Business Intelligence Market to Hit USD 28.86 Billion at a 17.60% CAGR by 2027
Mobile Business Intelligence Market Size 2022-2027
The global mobile business intelligence market size reached US$ 9.81 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 28.86 Billion by 2027 exhibiting a growth rate (CAGR) of 17.60% during 2022-2027.

Mobile Business Intelligence Market Overview

The latest research study “Mobile Business Intelligence Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global mobile business intelligence market size reached US$ 9.81 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 28.86 Billion by 2027 exhibiting a growth rate (CAGR) of 17.60% during 2022-2027.

What is Mobile business intelligence (MBI) ?

Mobile business intelligence (MBI) represents the ability to compute industry and data analytics services to remote users through mobile or handheld devices. With built-in messaging functionality and limited computing capacity, this solution allows users to operate the same processes and features as that of desktop-based software. MBI systems built to support mobile communication are typically equipped with complex functionalities, thereby permitting instant transfer of voice, images, or videos. They also enable executives to cooperate and offer greater value from collaboration during data analysis. As a result, MBI solutions find widespread applications in fraud and security management, sales and marketing, risk and compliance control, etc. 

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Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. 

What are the key factors driving the global mobile business intelligence market ?

The escalating need for big data analytics in making critical decisions within a compressed timeframe and the emerging trend of the bring your own devices (BYOD) across enterprises are primarily driving the mobile business intelligence market. Besides this, the rising number of investments in both public and private sectors for the deployment of these solutions are further augmenting the market growth.

Moreover, the widespread incorporation of the internet of things (IoT), which allows mobile devices to analyze, communicate, and share information via cloud-based software platforms and networks, is also catalyzing the global market.

Apart from this, the elevating sales of smartphones and wearable devices, expanding e-commerce platforms, and the increasing automation in the banking sector are anticipated to propel the mobile business intelligence market over the forecasted period. 

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Mobile Business Intelligence Market Report Scope

Report Coverage

Details

Market size value in 2021

US$ 9.81 Billion

Market forecast in 2027

US$ 28.86 Billion

Growth Rate

CAGR of 17.60% from 2022 to 2027

Base year for estimation

2021

Historical data

2016-2021

Forecast period

2022-2027

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Solution, Deployment mode, Enterprise size, Application and End user vertical

Regional scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa

Key companies profiled

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.) and Zoho Corporation Private Limited.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization preview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

 

Report Segmentation:

The report has been segmented the market into following categories:

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

By Geography:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

 List of Major Key Players:

The major players in the market are

  • International Business Machines Corporation (NYSE: IBM)
  •  Microsoft Corporation (NASDAQ: MSFT)
  •  Microstrategy Incorporated (NASDAQ: MSTR)
  •  Oracle Corporation (NYSE: ORCL)
  •  QlikTech International AB
  •  SAP SE (ETR: SAP)
  •  SAS Institute Inc.
  •  Tableau Software LLC (Salesforce Inc.) (NYSE: CRM)
  •  TIBCO Software Inc.
  •  Yellowfin International Pty Ltd. (Idera Inc.)
  •  Zoho Corporation Private Limited.

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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 About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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