Global Mobile Analytics Software and Tools Market was Valued at US$ 1083.66 Mn in 2019 Growing at a CAGR of 9.49% Over the Forecast Period
Global Mobile Analytics Software and Tools Market was Valued at US$ 1083.66 Mn in 2019 Growing at a CAGR of 9.49% Over the Forecast Period - says Absolute Markets Insights
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PUNE, India, Dec. 17, 2020 /PRNewswire=KYODO JBN/ --
- The pandemic is expected to positively impact the global mobile
analytics software and tools market. The rising focus on mobile application
development amongst the end-users to cater to the audience demand for
contactless payments, health tracking and productivity enhancement, etc.,
during these challenging times is expected to fuel this growth. Mobile analytics
tools are essential to gain insights regarding app performance during higher load
scenarios, and prevents from app crashing. Crashing of app leads to a greater churn rate.
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- The IT and telecommunication industry accounted for a considerable share
in the global mobile analytics software and tools market [https://www.absolutemarketsinsights.com/reports/Mobile-Analytics-Software-and-Tools-2020-2028-755] in 2019. The advancement in cloud computing is allowing IT companies
to develop mobile applications on both iOS and android platforms with ease.
Performance monitoring tools are being increasing used in the IT industry to
calculate user adoption rate. Thus, mobile analytics software and tools market with
digital marketing features will see greater adoption in the coming years.
- North America accounted for the highest share in the mobile analytics
software and tools market in 2019. The presence of a large number of IT
companies in the U.S., coupled with the rising focus on digitization through
the use of mobile applications in industries such as retail, food and beverages
and education, etc., is leading to the greater adoption of mobile application
analytics software. However, the APAC region is expected to show the highest
growth during the forecast years in the global Mobile Analytics Software and
Tools Market, backed by the rising focus on mobile application monitoring in
developed countries like Japan and China.
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- Some of the players operating in the mobile analytics software and tools
market are Adobe, Amazon Web Services, Inc. , Amplitude, Inc., App Annie,
AppDynamics, Apple Inc., AppsFlyer, Branch Metrics, CleverTap, Countly Ltd,
Facebook, Flurry, Google LLC. (Firebase), Heap, Inc., Kochava, Leanplum,
Mixpanel, Mopinion, Raygun, and UXCam Inc., amongst others.
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Source: Absolute Market Insights
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