The global mobile analytics market size was US$ 3.7 billion in 2021. The global mobile analytics market size is forecast to reach US$ 23.0 billion by 2030, growing at a compound annual growth rate (CAGR) of 24.3% during the forecast period from 2022 to 2030.
Mobile analytics entails evaluating and monitoring data created by mobile platforms and properties, such as mobile sites and apps. Crash monitoring, back-end performance analysis, app version adoption trends, troubleshooting, mobile platform usage data, custom events and alerts, data and system integration, corporate data governance, digital measurement strategy, and operational processes, reporting automation, and real-time analysis and insights are all features of the Mobile Analytics solution.
Factors Influencing Market Growth
Impact Analysis of COVID-19
The COVID-19 pandemic affected many sectors, including mobile marketing and advertising. In the short term, businesses have shrunk their marketing expenses. However, the evolution of advertising budget from traditional marketing like print and outdoor shifting to digital and mobile marketing has witnessed a spike with people being indoors and selecting to consume content mainly on their mobile phones or TV. Nevertheless, social distancing has positively affected the usage of mobile marketing analytics. Thus, the COVID-19 pandemic had a minimal impact on the global mobile analytics market.
Region's Insights
North America is forecast to hold the maximum share in the market during the forecast period. As a result of the rising demand for mobile analytics solutions in diverse verticals such as manufacturing, BFSI, IT and telecom, healthcare, and others. In addition, the increasing input tax credit (ITC) expenditure and technical advances are likely to drive the market in the region. Prominent players are concentrating on establishing mobile analytics solutions to get a competitive edge in the market. Thus, these factors are forecast to fuel the regional market growth.
Leading Competitors
The leading prominent companies profiled in the global mobile analytics market are:
Scope of the Report
The global mobile analytics market segmentation focuses on Type, Deployment, End-Users, and Region.
Segmentation based on Type
Segmentation based on Deployment
Segmentation based on End-Users
Segmentation based on Region