The article cited AMA's Global Mobile BI Market Study explored substantial growth with CAGR of 22.38%. According the report, Increasing Adoption BYOD and Access to Real Time Data
is one of the primary growth factors for the market. Increasing Number of Smartphone Users and Rapid Advancement of Mobile Features
is also expected to contribute significantly to the Mobile BI market. Overall, Sales and Marketing Management
applications of Mobile BI, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as IBM Corporation (United States), SAP SE (Germany), Microsoft Corporation (United States), Oracle Corporation (United States), MicroStrategy (United States), SAS Institute (United States), Tableau Software (United States) and Information Builders (United States) may see astonishing sales in this Market and certainly improve revenue growth.
The End users, such as Media and Entertainment, is boosting the Mobile BI market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Services, such as Managed Services, is boosting the Mobile BI market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Business Function, such as Finance, is boosting the Mobile BI market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Organisation Size, such as SMES, is boosting the Mobile BI market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Mobile BI market identified that the demand is rising in many different parts of the world as "Increasing Customer Satisfaction due to rising Profitability
". Furthermore, some recent industry insights like "In January 2022, SAS introduced Viya 4 with innovative AI and ML capabilities to allow easier mobile access to analytics." is constantly making the industry dynamic. One of the challenges that industry facing is "Data Privacy and Concerns is Posing a Challenge for the Market"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Mobile BI market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Mobile BI market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Mobile BI market tight? Which application/end-user category or Product Type [Software and Services] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Mobile BI market and other related sub-markets covered in the study.
o Key & emerging players in the Mobile BI market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Mobile BI market size is calculated using market estimation process, the Mobile BI market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Mobile BI market size has been validated using both top-down and bottom-up approaches.