Web Analytics Market Trends, Segmentation, Regional Outlook, Future Plans and Forecast to 2029

[Akash Ra]

The Web Analytics Market was valued at US$ 5.12 Bn. in 2022 and is expected to reach US$ 16.73 Bn. by 2029, at a CAGR of 18.41% during a forecast period.

Web Analytics Market Overview

MMR's recent Web Analytics Market research report offers an in-depth analysis of the Web Analytics Market including key drivers, challenges, opportunities, competitive landscape, market attractiveness analysis, top players, market size, share, new product launches, technological innovations, and growth contributors.

Web Analytics Market Report Scope and Research Methodology

The Web Analytics Market report provides comprehensive information on market applications and key strategies, encompassing various driving and restraining factors. It analyses market trends, volume, cost, share, supply and demand, and product performance. Utilizing qualitative and quantitative data gathered from primary research resources like free and paid databases, surveys, and Google forms, the report employs tools like SWOT and PESTLE analysis to gain a deeper understanding of the Web Analytics Market.

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Residential Security Market Dynamics:

An increase in the use of automation technology in marketing has led to the creation of social web programmes like Tweet Deck and Hoot suite by creative businesspeople who wanted to help organisations manage the intricate and enormous number of data through dashboards. This created a lot of space for marketing automation, which is expected to advance the company in the upcoming years. With an emphasis on streamlining digital operations workflows for better marketing and sales communication, marketing automation systems track anonymously the online shopping and browsing habits of consumers. As a result, it is anticipated that during the projected period, the web analytics market will grow more quickly.

Web Analytics Market Regional Insights

The Asia Pacific region held the largest market share in 2022. India is expected to have a major share of the market in the region. The North American region is expected to witness significant growth through the forecast period.

Web Analytics Market Segmentation

In 2022, the cloud sector had the highest market share—more than 65.0%—by deployment type. Cloud-based digital identity solutions are becoming a popular trend in Web Analytics since the software generates data that is stored in the cloud and is accessible to all departments. Furthermore, demand for cloud-based Web analytics solutions is increasing due to expanding usage among small, medium, and large enterprises. This data is used to calculate an occupant's cost based on how much energy they use over the course of a year, month, or four weeks. Additionally, it lowers the indirect expenses associated with money recovery for property managers.

In 2022, the performance monitoring segment had the highest percentage of applications. Major problems have been brought about by rising frauds and crimes across a variety of industries, including banking, finance, telecommunications, and information technology. Modern visitor management software helps every area of compliance management and fraud detection, from transactions and securities to risk analytics, by integrating it with advanced electronic protection, video surveillance, biometric recognition, and database control. This leads to a higher growth of compliance management and fraud detection in the market.

Due to the rise of omnichannel commerce, eCommerce, and mobility, the retail and consumer goods sector held the greatest market share in 2022. This needed increased visibility across online analytics and real-time demand management for retailers. By utilising supply chain security solutions and services, retailers may gain relevant visibility and track inventory over the course of its life, ensuring agility and profitability while meeting the growing expectations of customers. A few benefits that these solutions offer to enterprises include decreased capital and operating costs, scalability, increased productivity, inventory visibility, systems integration, strong security, and data accessibility.

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Web Analytics Market Key Players

1 IBM
2 Yahoo Analytics
3 Webtrends Corp.
4 Omniture Inc.
5 Google Analytics
6 Facebook Inc.
7 Adobe Systems Incorporated.
8 ComScore, Inc.c
9 Splunk Inc.
10 MicroStrategy Incorporated
11 Tableau Software
12 SAS Institute
13 Teradata Corporation
14 AT Internet
15 Hootsuite Inc.
16 Adobe
17 Udemy Incorporated.
18 Clicktale
19 Mixpanel
20 Upsight Inc.
21 Netbiscuits GmbH

Key questions answered in Web Analytics Market are:

What is Web Analytics Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for Web Analytics Market?
Which factors are the lucrative opportunities for the Web Analytics Market growth?
How is the intervention from regulatory authority is shaping the Web Analytics Market?
What growth strategies are the players considering to increase their presence in Web Analytics Market?
Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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