Mobile BI Market is estimated to grow at a CAGR of 19.98% by Forecast to 2032

MRFR Press Release/- Market Research Future published a cooked research report on Mobile BI Market.

Market Highlights

Growth of the IOT market is also one of the major factor which is driving the market of Mobile BI. IOT or Internet of things can be defined as a real environment where the objects will be connected via the Internet. These objects are very intelligent in nature and holds the capabilities of sensing the environment and taking the necessary action. IOT plays very vital role in the development and growth of the Mobile BI market. Concepts such as Bring your own Device, Smart Manufacturing, Smart Asset Management, Smart Networking and Data Storage are some of the few parts of IOT in an organization.

A study shows that by end of year 2021, the Internet of Things will have more than 200 billion connected devices helping the organization and personals in their daily activities. These devices will be transmitting enormous amount of data into the server. Organization are opting new software’s and technologies to store and organize these data’s and retrieve it when it is necessary. In a manufacturing companies, where the deployed sensor will be monitoring each and every aspect of the production, through the mobile BI, an executive can have the exact number about the production status within few seconds.

Growth of IOT market will bring new features into the mobile BI market and it is expected that the global IOT Market will cross market size of USD 61.19 billion by end of year 2032.

Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Mobile BI Market Research Report -Forecast to 2032”.

Mobile BI Market

Mobile Business Intelligence is widely used in different business functions as IT, Finance, Sales, Marketing, Operations, and HR. Mobile BI benefits in numerous ways as it provides better interactivity, access to real time data, budget efficiency unique sales tools and others. These benefits and different feature as per the business function requirement result in adoption of mobile BI in various business functions.

Global Mobile BI Market, By Business Function Market Share  (2016) (%)

The key players of global mobile business intelligence (BI) market report include IBM Corporation (U.S.), SAP SE (Germany), Microsoft Corporation (U.S.), Oracle Corporation (U.S.), Micro Strategy (U.S.), SAS Institute (U.S.), Tableau Software (U.S.), Information Builders (U.S.), TIBCO Software (U.S.), Yellowfin International Pty Ltd. (U.S.), and others.

Market Research Future Analysis

The global mobile business intelligence market is expected to grow significantly. The market is highly application basis. BFSI and healthcare segment of mobile business intelligence market globally drives the market. The market is expected to have higher growth rate as compared to the previous years.

Global Mobile BI Market, By Region