1h Free Analyst Time
The Mobile Business Intelligence Market grew from USD 14.87 billion in 2023 to USD 16.66 billion in 2024. It is expected to continue growing at a CAGR of 10.71%, reaching USD 30.33 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
Mobile Business Intelligence (MBI) refers to the ability to access business data and analytics on a mobile device, enabling decision-makers to make informed choices quickly and efficiently while on the go. As organizations increasingly move towards digitization, the necessity of MBI becomes apparent in providing real-time insights, improving decision-making processes, and enhancing overall organizational agility. Applications range from sales forecasting and customer relationship management to supply chain analysis and financial reporting, spanning sectors like retail, healthcare, manufacturing, and financial services. The end-use scope encompasses any professional who requires timely access to data, from executives to on-field personnel.
The growth of the MBI market is significantly influenced by advancements in mobile technology, increased internet penetration, and the proliferation of smart devices. The rise of cloud-based services and sophisticated data analytics tools further propels the market, presenting substantial opportunities for both providers and users. Enterprises can capitalize on potential opportunities such as integrating artificial intelligence and machine learning with MBI to offer predictive insights and personalized analytics experiences. However, challenges such as data security concerns, integration complexities, and the need for substantial investments in infrastructure can hinder market expansion.
Innovation in MBI focuses on enhancing data visualization capabilities, improving user interfaces for better accessibility, and advancing offline functionalities to support remote areas with poor connectivity. Moreover, seamless integration across multiple platforms remains a key area of research to ensure smooth data transitions and uphold data integrity. The market is perceived as dynamic and competitive, driven by rapid technological advancements and evolving consumer needs. To leverage MBI effectively, businesses are recommended to invest in robust security protocols, scalable infrastructure, and training programs to enhance data literacy among employees, ensuring the effective adoption and utilization of mobile business intelligence solutions.
Understanding Market Dynamics in the Mobile Business Intelligence Market
The Mobile Business Intelligence Market is rapidly evolving, shaped by dynamic supply and demand trends. These insights provide companies with actionable intelligence to drive investments, develop strategies, and seize emerging opportunities. A comprehensive understanding of market dynamics also helps organizations mitigate political, geographical, technical, social, and economic risks while offering a clearer view of consumer behavior and its effects on manufacturing costs and purchasing decisions.- Market Drivers
- Increasing adoption of improved decisions making tools by enterprises
- Growing trend of BYOD across various industries
- Ongoing trend of remote work and the growth of mobile workforces
- Market Restraints
- Limited skilled IT resources coupled with issues regarding mobile device compatibility
- Market Opportunities
- Rising integration of IoT and 5g in mobile business intelligence tools
- Emergence of big data analytics and need for real-time monitoring in business
- Market Challenges
- Issues and concerns related to privacy and data security
Exploring Porter’s Five Forces for the Mobile Business Intelligence Market
Porter’s Five Forces framework further strengthens the insights of the Mobile Business Intelligence Market, delivering a clear and effective methodology for understanding the competitive landscape. This tool enables companies to evaluate their current competitive standing and explore strategic repositioning by assessing businesses’ power dynamics and market positioning. It is also instrumental in determining the profitability of new ventures, helping companies leverage their strengths, address weaknesses, and avoid potential pitfalls.Applying PESTLE Analysis to the Mobile Business Intelligence Market
External macro-environmental factors deeply influence the performance of the Mobile Business Intelligence Market, and the PESTLE analysis provides a comprehensive framework for understanding these influences. By examining Political, Economic, Social, Technological, Legal, and Environmental elements, this analysis offers organizations critical insights into potential opportunities and risks. It also helps businesses anticipate changes in regulations, consumer behavior, and economic trends, enabling them to make informed, forward-looking decisions.Analyzing Market Share in the Mobile Business Intelligence Market
The Mobile Business Intelligence Market share analysis evaluates vendor performance. This analysis provides a clear view of each vendor’s standing in the competitive landscape by comparing key metrics such as revenue, customer base, and other critical factors. Additionally, it highlights market concentration, fragmentation, and trends in consolidation, empowering vendors to make strategic decisions that enhance their market position.Evaluating Vendor Success with the FPNV Positioning Matrix in the Mobile Business Intelligence Market
The Mobile Business Intelligence Market FPNV Positioning Matrix is crucial in evaluating vendors based on business strategy and product satisfaction levels. By segmenting vendors into four quadrants - Forefront (F), Pathfinder (P), Niche (N), and Vital (V) - this matrix helps users make well-informed decisions that best align with their unique needs and objectives in the market.Strategic Recommendations for Success in the Mobile Business Intelligence Market
The Mobile Business Intelligence Market strategic analysis is essential for organizations aiming to strengthen their position in the global market. A comprehensive review of resources, capabilities, and performance helps businesses identify opportunities for improvement and growth. This approach empowers companies to navigate challenges in the increasingly competitive landscape, ensuring they capitalize on new opportunities and align with long-term success.Key Company Profiles
The report delves into recent significant developments in the Mobile Business Intelligence Market, highlighting leading vendors and their innovative profiles. These include Amazon Web Services, Inc., Dimensional Insight, Inc., Domo, Inc., Dundas Data Visualization, Inc. by insightsoftware, LLC, e-Zest Solutions Ltd., GoodData Corporation, Google LLC, InetSoft Technology Corp., International Business Machines Corporation, Jaspersoft by Cloud Software Group, Inc., Microsoft Corporation, MicroStrategy Incorporated, Oracle Corporation, Orbit Analytics, Phocas Group Pty Ltd, Pyramid Analytics BV, QlikTech International AB, Salesforce.com Inc., SAP SE, SAS Institute Inc., Sisense Ltd., TARGIT A/S, TIBCO Software Inc., Yellowfin International by Idera, Inc., and Zoho Corporation.Market Segmentation & Coverage
This research report categorizes the Mobile Business Intelligence Market to forecast the revenues and analyze trends in each of the following sub-markets:- Device Types
- Laptops with Mobile Access
- Smartphones
- Tablets
- Wearable Devices
- Function
- Dashboards for Mobile
- Data Visualization on Mobile Devices
- Location-based Analytics
- Mobile Data Exploration
- Real-time Reporting
- Deployment Model
- Hybrid
- On-Cloud
- On-Premises
- Vertical
- BFSI
- Consumer Goods and Retail
- Government
- Healthcare & Life Science
- IT & Telecommunication
- Media & Entertainment
- Travel & Tourism
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report provides a detailed overview of the market, exploring several key areas:
- Market Penetration: A thorough examination of the current market landscape, featuring comprehensive data from leading industry players and analyzing their reach and influence across the market.
- Market Development: The report identifies significant growth opportunities in emerging markets and assesses expansion potential within established segments, providing a roadmap for future development.
- Market Diversification: In-depth coverage of recent product launches, untapped geographic regions, significant industry developments, and strategic investments reshaping the market landscape.
- Competitive Assessment & Intelligence: A detailed analysis of the competitive landscape, covering market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, technological advancements, and innovations in manufacturing by key market players.
- Product Development & Innovation: Insight into groundbreaking technologies, R&D efforts, and product innovations that will drive the market in future.
Additionally, the report addresses key questions to assist stakeholders in making informed decisions:
- What is the current size of the market, and how is it expected to grow?
- Which products, segments, and regions present the most attractive investment opportunities?
- What are the prevailing technology trends and regulatory factors influencing the market?
- How do top vendors rank regarding market share and competitive positioning?
- What revenue sources and strategic opportunities guide vendors' market entry or exit decisions?
Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. Mobile Business Intelligence Market, by Device Types
7. Mobile Business Intelligence Market, by Function
8. Mobile Business Intelligence Market, by Deployment Model
9. Mobile Business Intelligence Market, by Vertical
10. Americas Mobile Business Intelligence Market
11. Asia-Pacific Mobile Business Intelligence Market
12. Europe, Middle East & Africa Mobile Business Intelligence Market
13. Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
The leading players in the Mobile Business Intelligence Market, which are profiled in this report, include:- Amazon Web Services, Inc.
- Dimensional Insight, Inc.
- Domo, Inc.
- Dundas Data Visualization, Inc. by insightsoftware, LLC
- e-Zest Solutions Ltd.
- GoodData Corporation
- Google LLC
- InetSoft Technology Corp.
- International Business Machines Corporation
- Jaspersoft by Cloud Software Group, Inc.
- Microsoft Corporation
- MicroStrategy Incorporated
- Oracle Corporation
- Orbit Analytics
- Phocas Group Pty Ltd
- Pyramid Analytics BV
- QlikTech International AB
- Salesforce.com Inc.
- SAP SE
- SAS Institute Inc.
- Sisense Ltd.
- TARGIT A/S
- TIBCO Software Inc.
- Yellowfin International by Idera, Inc.
- Zoho Corporation
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 192 |
| Published | October 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 16.66 Billion |
| Forecasted Market Value ( USD | $ 30.33 Billion |
| Compound Annual Growth Rate | 10.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |
