The increasing adoption of over-the-top applications and the Big Data explosion are influencing the evolution of the global mobile data monitoring market. A comprehensive analysis of the global mobile data monitoring market is provided in this research service. The study period for this research service is from 2010 to 2012, and the forecast period is from 2014 to 2012, with a base year of 2013. Factors that are anticipated to drive and restrain the mobile data monitoring market are examined and discussed, and revenue forecasts and a competitive analysis of the market’s key stakeholders for the total global data monitoring market are provided.
Data traffic is expected to continue to increase exponentially in the next to years because of the growing adoption of smartphones worldwide.
The growth of data traffic is expected to continue, putting a tremendous strain on the communications providers’ network and information management systems.
In 2013, the global mobile data monitoring market generated a revenue of $ at a healthy growth rate of % over 2012 and is expected to have a growth rate of % in 2014. According to Frost & Sullivan’s research, the market is expected to reach $ billion in 2020, growing at compound annual growth rate (CAGR) of % from 2013 to 2020.
In addition to growing smartphone adoption, over-the-top (OTT) applications are contributing to the increased demand for mobile data monitoring solutions as the need to achieve end-to-end monitoring, to see a realistic picture of what end users are experiencing, is on the rise. This trend is expected to continue increasing in the next to years.
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