The global web analytics market is anticipated to expand at a significant CAGR during the forecast period, 2021-2028. The growth of the market is attributed to the rising adoption of web content for the enhancement of marketing activities and high investment for improving web traffic of their various web contents from several business organizations.
Web analytics refers to a measurement system or tool that is used for collecting, analyzing, and reporting web data. This data is essential for improving web content and usage as data are required for calculating web flow.
Owing to certain advantages associated with the system, it is widely used especially for business and market research analysis. Companies use web analytics software to measure how they are performing of their web contents or usage against their competitors, which help to understand the scope for improvement or maximize the effectiveness in the use of web content.
In general, companies need to trace their website’s progress and develop their marketing strategy accordingly. Using the web analytics tool, a company can easily measure the level of web traffic for their specific web contents as it provides information about number of visitors, keywords searched, and the duration of per click frequencies.
The system also provides a detailed information about the geographic distribution of their web visitors, which can help a company to adopt an effective approach for dealing with various clients from different regions.
Different companies require different marketing strategies and web analytics can help these organizations to reach their objectives with high precision and accuracy. Over the years, Google analytics has gradually adopted several different methods that allow the publication of web content to enhance the relationship between customers to marketers. This has resulted in Google analytics to diversify its method of handling data that is based on customer-oriented rather than company-oriented.
The report on the global web analytics market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attribute |
Details |
Report Title |
Web Analytics Market – Global Industry Analysis, Growth, Share, Size, Trends and Forecast |
Base Year |
2020 |
Historic Data |
2018-2019 |
Forecast Period |
2021-2028 |
Segmentation |
Types (off-site and on-site) and Applications (Business & Market Research, Online Advertising, Behavioral Targeting, Global Traffic Management, Digital Rights Management, Online Fraud Detection, Personalization, and Others). |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Trends and Revenue Forecast |
Key Players Covered in the Report |
Google Analytics, Omniture Inc., Webtrends Corp., and Yahoo Analytics. |
On the basis of types, the market is bifurcated into off-site and on-site. The on-site segment is expected to represent a key market share during the forecast period owing to the wide adoption of the types for various applications especially online advertising and online fraud detection purposes across industries.
Based on Applications, the web analytics market is segmented into business & market research, online advertising, behavioral targeting, global traffic management, digital rights management, online fraud detection, personalization, and others. The business & market research segment is anticipated to exhibit a high CAGR during the forecast period owing to rising investment for enhancement of web content traffic from business and market research organizations.
Based on the regions, the web analytics market is divided into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa.
North America is projected to dominate the market in the coming years owing to the wide adoption of advanced and latest technology among various organizations to enhance their websites publishing about services and products. The presence of key global players especially in the US acts as a key driving factor for the market growth in the region. Moreover, increasing marketing services and social media presence in this region is a key driver for the regional market growth.
The global web analytics market has been segmented on the basis of
Some of the key players competing in the global web analytics market include Google Analytics, Omniture Inc., Webtrends Corp., and Yahoo Analytics.
These major companies are actively engaged in various market strategies including mergers, product launches, and expansion of production units to diversify their business operation and increase their existing consumer base.
The global web analytics market has been segmented on the basis of
Some of the key players competing in the global web analytics market include Google Analytics, Omniture Inc., Webtrends Corp., and Yahoo Analytics.
These major companies are actively engaged in various market strategies including mergers, product launches, and expansion of production units to diversify their business operation and increase their existing consumer base.
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