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Global mobile analytics market to reach $31 billion by 2030, fueled by mobile advertisement, study
The global market for Mobile Analytics estimated at US$7.9 Billion in the year 2022, is projected to reach a revised size of US$31 Billion by 2030, growing at a CAGR of 18.6% over the analysis period 2022-2030. This is according to a report by Research and Markets.
Mobile Advertisement & Marketing Analytics, one of the segments analyzed in the report, is projected to record 20.6% CAGR and reach US$18 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the In-App Behavioral Analytics segment is readjusted to a revised 15.5% CAGR for the next 8-year period.
The Mobile Analytics market in the U.S. is estimated at US$2.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.1 Billion by the year 2030 trailing a CAGR of 17.5% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.6% and 15.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.2% CAGR.
