Mobile Apps and Web Analytics Market

Mobile Apps and Web Analytics Market Size and Share: Comprehensive Analysis and Insights

The Mobile Apps and Web Analytics Market is expected to grow from USD 9.4 billion in 2022 to USD 20.2 billion by 2027, with a CAGR of 16.4% during the forecast period.

Mobile Apps and Web Analytics, a practical domain, combines both traditional and cutting-edge disciplines to develop, model, align, execute, analyse, and fine-tune decision models and operations. These solutions incorporate behavioural and operational analytical capabilities to collect data about app functionality and user behaviour within apps, generate insights from that data, and continuously improve user experience while increasing engagement and reliability.

To know about the assumptions considered for the study download the pdf brochure

Mobile Apps and Web Analytics Market Growth is driven by several key factors like,

Surging Mobile App Usage:

  • The ever-increasing prevalence of smartphones and tablets is driving the growth of mobile apps. Businesses need robust analytics solutions to understand user behavior within mobile apps, measure engagement, and optimize app features for better user experiences.

Evolving Customer Journey:

  • The customer journey has become more complex and omnichannel. Users interact with brands across various touchpoints (website, social media, mobile app) before making a purchase or decision. Mobile apps and web analytics provide a holistic view of this journey, empowering businesses to personalize interactions and optimize engagement across all channels.

Heightened Focus on User Experience (UX):

  • In today's competitive digital landscape, providing an exceptional user experience is crucial for business success. Mobile apps and web analytics offer valuable insights into user behavior, allowing businesses to identify pain points, optimize user flows, and improve overall user satisfaction.

Data-Driven Marketing and Advertising:

  • Marketing and advertising strategies are increasingly data-driven. Mobile apps and web analytics provide businesses with the data they need to target users more effectively, personalize marketing campaigns, and measure the return on investment (ROI) of their marketing efforts.

Growing Importance of App Store Optimization (ASO):

  • With millions of apps vying for user attention in app stores, app store optimization (ASO) is critical for app discovery. Mobile app analytics provide insights into user acquisition trends, user demographics, and keyword performance within app stores. This allows for targeted ASO strategies to improve app visibility and downloads.

Evolving Regulatory Landscape:

  • Regulations like GDPR (General Data Protection Regulation) and CCPA (California Consumer Privacy Act) are mandating greater data transparency and user privacy controls. Mobile apps and web analytics solutions need to comply with these regulations, offering features like anonymized data collection and user consent management.

Rise of E-commerce and M-commerce:

  • The e-commerce industry is booming, and mobile commerce (m-commerce) is playing an increasingly significant role. Mobile apps and web analytics are essential for tracking user behavior within e-commerce platforms, understanding customer purchase journeys, and optimizing conversion rates.

Growing Adoption of Cloud-Based Analytics Solutions:

  • Cloud-based analytics solutions offer scalability, flexibility, and easier access to data for businesses. This trend is driving the growth of the mobile apps and web analytics market as businesses move away from on-premise analytics infrastructure.

Integration with Business Intelligence (BI) Tools:

  • Integrating mobile apps and web analytics with business intelligence (BI) tools allows businesses to gain a comprehensive view of their data and make data-driven decisions across all aspects of their operations.

Competitive Advantage through Data Insights:

  • Businesses that leverage data effectively through mobile app and web analytics gain a competitive edge. They can personalize offerings, optimize marketing campaigns, and make informed decisions based on user behavior and market trends.

These factors, coupled with the continuous evolution of mobile technology and user behavior, will continue to propel the mobile apps and web analytics market forward. By adopting these powerful tools and harnessing data insights effectively, businesses can navigate the dynamic digital landscape and achieve their growth objectives.

Mobile Apps and Web Analytics Share - Global Industry Landscape:

Micro Focus (US):

  • Market Share: Micro Focus is a notable player in the enterprise software market, including analytics, with a moderate market share in the web and mobile analytics space.
  • Key Offering: Micro Focus provides analytics solutions through Vertica, a high-performance analytics platform. Vertica offers advanced analytics capabilities, including real-time data processing and machine learning, tailored for web and mobile application performance and user behavior analysis.

comScore (US):

  • Market Share: comScore is a significant player in the digital analytics market, particularly known for its media measurement and analytics services.
  • Key Offering: comScore provides comprehensive analytics solutions that focus on digital audience measurement, advertising effectiveness, and user engagement across web and mobile platforms. Their solutions offer deep insights into user demographics, behavior, and media consumption.

Salesforce (US):

  • Market Share: Salesforce is a leader in the CRM and analytics markets, with a substantial share in the web and mobile analytics sector.
  • Key Offering: Salesforce offers analytics solutions through Salesforce Analytics Cloud, powered by Tableau and Einstein Analytics. These tools provide robust data visualization, real-time analytics, and AI-driven insights for web and mobile applications, helping businesses optimize customer experiences and drive engagement.

Splunk (US):

  • Market Share: Splunk is a leading provider of machine data analytics, with a growing presence in the web and mobile analytics market.
  • Key Offering: Splunk offers powerful analytics solutions through Splunk Enterprise and Splunk Observability Cloud. These tools provide real-time monitoring, data visualization, and advanced analytics for web and mobile apps, enabling businesses to gain insights into application performance and user behavior.

MicroStrategy (US):

  • Market Share: MicroStrategy is a well-known player in the business intelligence and analytics market, with a solid share in web and mobile analytics.
  • Key Offering: MicroStrategy provides comprehensive analytics solutions through its MicroStrategy platform, which includes mobile and web analytics capabilities. The platform offers advanced data visualization, real-time analytics, and mobile intelligence, helping organizations make data-driven decisions and enhance user experiences.

AT Internet (US):

  • Market Share: AT Internet is a recognized player in the digital analytics market, particularly in Europe, with a growing presence in the global market.
  • Key Offering: AT Internet offers web and mobile analytics solutions through its Analytics Suite. The suite provides real-time data collection, detailed reporting, and advanced user behavior analysis. It helps businesses optimize their digital strategies by providing actionable insights into web and mobile app performance and user engagement.

 

Related Reports:

Mobile Apps and Web Analytics Market by Component (Solutions & Services), Solution (Data Analytics, Data Discovery), Application (Content Marketing, Marketing Automation), Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2027

Mobile Apps and Web Analytics Market Size,  Share & Growth Report
Report Code
TC 7723
RI Published ON
2/1/2024
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

SEND ME A FREE SAMPLE
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status