Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 615.37 Million | USD 1,298.63 Million | 11.26% | 2022 |
According to the report published by Zion Market Research, The global Clickstream Analytics Market was valued at $615.37 Million in 2022, and is projected to reach $1,298.63 Million by 2030, growing at a CAGR of 11.26% from 2023 to 2030.
The process of collection, analysis, and reporting collective data related to the pages that a user visits on the website and the sequence in which the page is visited by them is called clickstream analytics. It is also used to report the behavior of the user on a specific website including stickiness and routing. Clickstream analytics is an information retrieval use case and is widely used by social networking sites and e-commerce applications.
The global clickstream analytics market is growing at a significant rate. Factors such as the rise in use of smartphones & tablets, increase in e-commerce platforms, and rise in clickstream analytics solution deployment are fostering the growth of the global market. Further, in a broader market research strategy, the implementation of clickstream analytics is quite often.
Clickstream analytics also provides several benefits which include identification of customer trends, understand user behavior, increase conversion, and discover new mediums. Also, by monitoring the key metrics, clickstream analytics helps the business to evaluate the online behavior of the customer.
In addition to this, it also supports the telecom and IT service provider to enhance the customer experience through optimum ad placement. All such beneficial features of clickstream analytics have enhanced its use in several industries including BFSI, government, transportation & logistics, and many more.
This is fostering the growth of the global clickstream analytics market. In addition to this, growing demand from the retail sector, increase in need for traffic analysis, and growing adoption of clickstream analytics from small & medium-sized enterprises are the key aspects that are fostering the growth of the global market.
Moreover, the rise in digitalization and the increase in data analysis are also the factors that are supporting the growth of the global market. Furthermore, an increase in multichannel marketing and the emergence of predictive marketing trends may offer beneficial opportunities for the growth of the global clickstream analytics market during the forecast period. However, strict laws & regulations regarding data privacy may restrain the growth of the global clickstream analytics market.
During the outbreak of the Covid-19, the global clickstream analytics market is witnessed to grow at a healthy rate. The prime end-users of clickstream analytics are IT & telecommunication as well as the E-commerce industry. Owing to strict lockdown and restriction on movement, a boost in e-commerce sales was observed during the pandemic and the IT & telecom sector were also not majorly hampered owing to the work from home policies by the majority of the organizations.
The global clickstream analytics market is fragmented based on deployment mode, component, application, industry vertical, and region. Based on the deployment mode, the global clickstream analytics market is classified into cloud and on-premise. The component segment is bifurcated into services and software. Based on the application, the global market is categorized into traffic analysis, click path optimization, basket analysis & personalization, customer analysis, website/application optimization, and others. The industry vertical segment consists of BFSI, transportation & logistics, media & entertainment, energy & utilities, government, travel & hospitality, telecommunications & IT, and other industry verticals.
Report Attributes | Report Details |
---|---|
Report Name | Clickstream Analytics Market Research Report |
Market Size in 2022 | USD 615.37 Million |
Market Forecast in 2030 | USD 1,298.63 Million |
Growth Rate | CAGR of 11.26% |
Number of Pages | 185 |
Key Companies Covered | Hewlett Packard Enterprise, Oracle Corporation, Google, Connexity, Microsoft Corporation, AT Internet, SAP SE, IBM Corporation, Verto Analytics, Adobe Systems. |
Segments Covered | By Deployment Mode, By Component, By Application, By Industry Vertical, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America is estimated to be the largest revenue-generating region in the global clickstream analytics market during the forecast period. Factors such as the growing necessity of traffic analysis, extended use of e-commerce platforms, and increase in demand for clickstream analytics from the IT & telecom sector are driving the growth of the market in this region. Europe is estimated to be the second-largest region in the market and contributes a significant share. This is attributed to the rapidly increasing transportation & logistics sector and tremendous growth in data generation. Asia Pacific is expected to grow at a faster rate due to growing inclination towards online sales, rapid digitalization in most of the sectors, and the presence of a strong retail sector.
Some of the key participants that are operating in the global clickstream analytics market are:
By Deployment mode
By Component
By Application
By Industry Vertical,
By Region
What Reports Provides
FrequentlyAsked Questions
Factors such as the rise in use of smartphones & tablets, increase in e-commerce platforms, and rise in clickstream analytics solution deployment is fostering the growth of the global market. Furthermore, an increase in multichannel marketing and the emergence of predictive marketing trends may offer beneficial opportunities for the growth of the global clickstream analytics market during the forecast period.
Some of the key participants that are operating in the global clickstream analytics market are Hewlett Packard Enterprise, Oracle Corporation, Google, Connexity, Microsoft Corporation, AT Internet, SAP SE, IBM Corporation, Verto Analytics, and Adobe Systems.
North America is estimated to be the largest revenue-generating region in the global clickstream analytics market during the forecast period. Factors such as the growing necessity of traffic analysis, extended use of e-commerce platforms, and increase in demand for clickstream analytics from the IT & telecom sector are driving the growth of the market in this region.
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