PUBLISHER: The Business Research Company | PRODUCT CODE: 1678627
PUBLISHER: The Business Research Company | PRODUCT CODE: 1678627
Web analytics involves studying the behavior of website visitors to evaluate web activity, including the use of webpages, images, and videos. It encompasses tracking, analyzing, and reporting data related to traffic sources, referral websites, page views, user paths, and conversion rates. Web analytics can help improve website performance by highlighting user interactions with the content.
Web analytics finds its primary applications in online marketing, email marketing, and social media management. In online marketing, web analytics is utilized to comprehend consumer behavior online, deciphering the reasons behind their actions and how this data can inform digital marketing strategies. This tool is valuable for both large enterprises and small to medium-sized enterprises across sectors such as retail, manufacturing, information technology, and others.
The web analytics market research report is one of a series of new reports from The Business Research Company that provides web analytics market statistics, including web analytics industry global market size, regional shares, competitors with a web analytics market share, detailed web analytics market segments, market trends and opportunities, and any further data you may need to thrive in the web analytics industry. This web analytics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The web analytics market size has grown rapidly in recent years. It will grow from $7.54 billion in 2024 to $8.89 billion in 2025 at a compound annual growth rate (CAGR) of 17.9%. The growth in the historic period can be attributed to increasing online presence, globalization of businesses, e-commerce boom, data-driven decision-making, rise of mobile usage.
The web analytics market size is expected to see exponential growth in the next few years. It will grow to $20.2 billion in 2029 at a compound annual growth rate (CAGR) of 22.8%. The growth in the forecast period can be attributed to emphasis on privacy, cross-channel integration, personalization and customer experience, real-time analytics, emergence of new platforms. Major trends in the forecast period include cybersecurity concerns, AI and machine learning integration, technological advancements, advanced analytics techniques, privacy and compliance concerns.
The increasing demand for online shopping trends is significantly propelling the growth of the web analytics market. Web analytics is essential for delivering personalized product recommendations, identifying user shopping trends, and enabling marketers to execute successful marketing campaigns. For example, in August 2024, the United States Census Bureau, a U.S.-based government agency, reported a 6.6 percent increase in e-commerce sales during the second quarter of 2024 compared to the same quarter in 2023, while total retail sales rose by 1.9 percent in the same period. As online shopping trends continue to rise, the importance of web analytics grows, allowing businesses and marketers to gain deeper insights into their customers. Consequently, the increasing demand for online shopping trends is driving the web analytics market.
The escalating concern about security and privacy is indeed a significant driver for the growth of the web analytics market. Security and privacy measures are crucial for protecting information and ensuring its confidentiality, integrity, and availability. Web analytics plays a pivotal role in this context by providing insights into user behavior while addressing the increasing need for safeguarding sensitive information. The data from the Pew Research Center, indicating high levels of concern among U.S. consumers about data privacy, government data usage, and distrust of companies using AI, underscores the importance of robust web analytics tools to address these concerns. The lack of trust in social media CEOs and concerns about children's data privacy further emphasize the need for effective web analytics solutions. As these concerns continue to grow, the demand for web analytics tools that prioritize security and privacy is expected to drive the growth of the market.
One predominant trend driving the web analytics market is technological advancement. Key players within this sector are strategically focused on offering increasingly advanced web analytics solutions or services to fortify their market positions. For instance, in 2022, Amplitude, Inc., a digital optimization company, introduced enhanced integrations across the technology stack. These integrations enable organizations to unify, analyze, and leverage customer data more effectively. Amplitude now boasts integrations with platforms such as Adobe Launch, AWS Redshift, Google BigQuery, Google Tag Manager, and MailChimp, along with improved integration capabilities with HubSpot. This broadened spectrum of integrations empowers customers to seamlessly import data into Amplitude and craft tailored marketing campaigns, underscoring the company's commitment to advancing web analytics technology for enhanced business insights and decision-making.
Key players in the web analytics market are directing their efforts towards crafting innovative solutions, notably cloud-native analytics software, aimed at enhancing network performance and elevating customer experience. A cloud-native analytics software solution is a platform meticulously designed and optimized for data analysis, leveraging cloud infrastructure and architecture to deliver seamless scalability, flexibility, and operational efficiency. For instance, in February 2023, Nokia, a Finland-based corporation renowned for its work in telecommunications, information technology, and consumer electronics, introduced AVA Customer and Mobile Network Insights. This cutting-edge offering provides a cloud-native analytics software solution that harnesses the power of AI and machine learning to simplify the collection and analysis of 5G network data. This launch significantly bolsters the web analytics market by providing a comprehensive tool that not only streamlines data processing but also empowers businesses to optimize campaigns across diverse channels through the creation of data products accessible via open APIs. This innovative solution by Nokia contributes to advancing network analytics and enhancing the overall customer experience.
In February 2022, LinkedIn, a U.S.-based online service provider, acquired Oribi for approximately $80-90 million. This acquisition enhances LinkedIn's marketing capabilities by integrating advanced attribution technology, enabling businesses to measure their marketing effectiveness through automated, code-free analytics. The deal aims to democratize web analytics for smaller companies, helping them optimize their advertising return on investment (ROI). Ultimately, this positions LinkedIn to compete more effectively against major players like Google in the digital marketing landscape. Oribi is an Israel-based web analytics firm.
Major companies operating in the web analytics market include Google LLC, Microsoft Inc., Facebook Inc., FullStory Inc., IBM Corporation, Adobe Inc., Yandex N.V., Yahoo Inc., Splunk Inc., Teradata Corporation, Tableau Software Inc., Dynatrace LLC, New Relic Inc., MicroStrategy Incorporated, comScore Inc., Hootsuite Inc., SimilarWeb Ltd., Quantcast Corp, Heap Inc., WebEngage Technologies Pvt Ltd., Webtrends Inc., ClickTale Ltd., Piwik PRO Sp. z o.o., Mixpanel Inc., Hotjar Ltd., Kissmetrics Co, Mouseflow ApS, Crazy Egg Inc., Lucky Orange LLC, Woopra Inc., Applied Technologies Internet, Clicky Innovation Pvt Ltd., StatCounter Global Stats
North America was the largest region in the web analytics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the web analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the web analytics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The web analytics market includes revenues earned by entities by providing solutions that help a company keep its clients, draw in more customers, and increase the amount of money each client spends. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Web Analytics Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on web analytics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for web analytics ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The web analytics market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.