IMARC Group’s latest research report, titled “Web Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on web analytics market share.
The global web analytics market reached a value of US$ 4.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 11.2 Billion by 2027, exhibiting a CAGR of 18.1% during 2022-2027. Web analytics represents the collection, reporting, and analysis of data obtained from online websites and e-commerce platforms to interpret patterns and trends. It involves the utilization of software and on-site and off-site platforms to create objectives, call-to-action, site visitor goals, etc., and to identify the key performance indicators (KPIs) of the website. Web analytics is also used for business and market research, online advertising, behavioral targeting, online fraud detection, etc. Consequently, these tools find extensive applications across various industries, such as retail, manufacturing, information technology (IT), healthcare, banking, financial services and insurance (BFSI), etc.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by offering, deployment mode, application and end user.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Web Analytics Market
- Strategies of major players and product offerings
Web Analytics Market Trends:
The elevating levels of digitization across industry verticals are among the primary factors driving the web analytics market. Moreover, the increasing number of online retail and social media platforms is further bolstering the market growth. Besides this, web analytics organizes large chunks of random and unorganized data, enabling organizations to make informed decisions based on real-time user insights, which is also catalyzing the global market. Additionally, the sudden outbreak of the COVID-19 pandemic is causing a significant increase in digital traffic, which is further propelling the market growth. Apart from this, numerous organizations are widely adopting mobile-based web analytics solutions to collect and analyze data from the user interaction with the website via smartphones and tablets. This, in turn, is expected to fuel the web analytics market over the forecasted period.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
Some of these key players include:
- Adobe Inc.
- AT Internet
- Google LLC (Alphabet Inc.)
- International Business Machines Corporation
- Microsoft Corporation
- MicroStrategy Incorporated
- SAS Institute Inc.
- Splunk Inc.
- Tableau Software LLC (Salesforce.com Inc.)
- Teradata Corporation and Webtrends Inc.
Breakup by Offering:
Solution
- Search Engine Tracking and Ranking
- Heat Map Analytics
- Marketing Automation
- Behavior Based Targeting
- Others
Service
- Professional Services
- Support and Maintenance
Breakup by Deployment Mode:
- On-premises
- Cloud-based
Breakup by Application:
- Social Media Management
- Targeting and Behavioral Analysis
- Display Advertising Optimization
- Multichannel Campaign Analysis
- Online Marketing
- Others
Breakup by End User:
- BFSI
- Retail
- Healthcare
- Government
- Travel and Hospitality
- IT and Telecommunications
- Media and Entertainment
- Others
Breakup by Region:
- Middle East and Africa
- North America
- Asia-Pacific
- Europe
- Latin America
TOC for the Web Analytics Market Research Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Web Analytics Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
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