Mobile BI Market Size Was Valued At USD 11.37 Billion In 2021 And Is Projected To Reach USD 38.14 Billion By 2032, Growing At A CAGR Of 22.53% From 2022 To 2032.


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The“Global Mobile BI Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are SAS Institute, Information Builders, Inc., IBM Corporation, SAP SE, MicroStrategy Incorporated, Qlik Technologies, Inc., Tibco Software, Inc., Oracle Corporation, Tableau Software, and Microsoft Corporation.

Kenneth Research, in its repository of market research reports, have recently added a report on Mobile BI (Business Intelligence) Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2032. The Mobile BI (Business Intelligence) Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.

In Q4 2021, U.S. current-account deficit widened stood at $224.8 billion. However, in Q1 22, CAD rose by 29.6%, reached to $291.4 billion, adding $66.6 billion to the gap. Export of good and services increased by $25.7 billion to reach $1.03 trillion in the first quarter of 2022. However, country's goods and services deficit was $79.6 billion in June, down $5.3 billion from $84.9 billion in May, revised- reflecting some sight of relief. On the other hand, annual inflation rate in the country hit 8.5%. Energy CPI surged by 32.9% in July 2022, inflating the cost of logistic and signs to disrupt supply chain whilst electricity cost upsurged by 15.2%, highest since Feb 2006. Apart from that, In July 2022, existing US home sales declined 5.9% to 4.81 million (seasonally adjusted annual rate), the lowest since May of 2020 and below market expectations of 4.89 million. As mortgage rate touches highest at 6%, sales for houses declined for a sixth consecutive month. Global energy crises to remain at focal point impacting the economic activity in the U.S, pushing consumers to spend less on the products and services and save more.

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On the other hand, the worst is expected to be seen in the European countries, especially during 2022 winters. The energy and gas crises has already started grappling the region, wherein many Western European countries including Germany is looking for coal fired solutions to tackle the gas supply shortage created by Russian-Ukraine conflict. Amidst global concerns, market players have started looking for safe investments by holding on to the new technology and product launches. Factors like currency translation, disruption in global supply chain, Anti-China sentiments brewing across the globe, slowdown in Chinese economy, inflated products prices, USD getting stronger every week, decreasing purchasing power and strict measures taken by central banks/institutions across the world to ensure less spending and more saving, could hit the demand for the product and service badly in near future.

Global Mobile BI Market is valued approximately USD 5.9 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 22% over the forecast period 2019-2026. The mobile BI is used to gain the flow of analytical business information at any time and from any location, which helps end user to improve their daily operations as well as speeds up the decision-making process. The demand for mobile BI has been increasing due to increase in number of smartphone users throughout the world. Integration of IOT is enabling the mobile BI market to grow, as IOT permits mobile devices to analyze, communicate and share data about the world via network and cloud-based software platforms. As organizations have growing access to the real time data, that enhances the growth of Mobile BI market over the forecast period of 2019-2026.

In the statistics by Eurostat, the total value of the ICT sector including manufacturing and services of ICT in Europe, was estimated to be more than EUR 475 billion in the year 2017. Out of these, the ICT services sector accounted for the largest share. Moreover, the ICT services sector is predicted to be ten times larger than that of ICT manufacturing. On the other hand, the ICT services consist of computer programming, consultancy and related activities, along with telecommunication activities, out of which the former held about 49.1% share while the latter held around 30.3% share in the year 2017. These factors are estimated to impact positively towards the growth of the market in the next few years. According to the statistics by GSMA Intelligence, total cellular connections worldwide as of May 2020 was recorded to 10,18 billion.

As per the Eurostat, the total value of the ICT sector in Europe, including the ICT manufacturing and ICT services, was estimated to be more than EUR 475 billion in 2017. In this sector, the ICT services account for the major share as it is predicted to be ten times larger than the share held by ICT manufacturing. ICT services consist of computer programming, consultancy and related activities which held about 49.1% share while the telecommunications activities held around 30.3% share in the segment in 2017. These factors are estimated to impact the market growth in a positive manner in the next few years.

The regional analysis of global Mobile BI market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the ongoing technological advancements in the manufacturing sector and the increasing penetration of high-speed internet connectivity. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as rising disposable income, real time accessing information, and consumer dependency towards mobile devices would create lucrative growth prospects for the Mobile BI market across Asia-Pacific region.

Major market player included in this report are:

International Business Machines CORPORATION
Information Builders
Microsoft Corporation
MicroStrategy Incorporated
Oracle Corporation
Sap SE
SAS Institute, Inc.
Tableau Software
Tibco Software
Yellowfin International Pty Ltd.

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Software
Services

By Application:
Fraud and Security management
Sale and Marketing management
Predictive Asset management
Risk and Compliance management
Supply chain management and Operations
Others

By Industry Vertical:
Banking, Financial Services and insurance
It & Telecom
Retail & E-commerce
Healthcare & Life Science
Government & Defense
energy & Utilities
Media & Entertainment
others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

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Furthermore, years considered for the study are as follows:

Historical year – 2016-,2017
Base year – 2018
Forecast period – 2019 to 2026

Target Audience of the Global Mobile BI Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2016-2026 (USD Billion)
1.3.1. Mobile BI Market, by Type, 2016-2026 (USD Billion)
1.3.2. Mobile BI Market, by Application, 2016-2026 (USD Billion)
1.3.3. Mobile BI Market, by Industry Vertical, 2016-2026 (USD Billion)
1.3.4. Mobile BI Market, by Region, 2016-2026 (USD Billion)
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Mobile BI Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Mobile BI Market Dynamics
3.1. See Saw Analysis
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Mobile BI Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Buyers
4.1.2. Bargaining Power of Suppliers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model
4.2. PEST Analysis
4.2.1. Political Scenario
4.2.2. Economic Scenario

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