In today’s digital world, there are many options for an analytics solution that can help you track, report, and store your website’s analytics data. So, it’s crucial to compare what each has to offer. Before choosing a web analytics tool for your business, here are some core considerations: your organizational goals cost relative to your business size user-friendliness of the tool advanced features data privacy loading speed Read on if you are looking for good analytics tools and want an in-depth Segment vs. Matomo comparison before making up your mind. This article covers the key differences between these analytics tools – their main advantages, pros and cons and the best tool for different audience types. What Is Segment? Source: Segment Home Page Segment is an analytics tool that collects, processes, stores, and reports data based on users’ activities on your digital properties like websites, apps, social media, etc. It is a Customer Data Platform that makes collecting and using visitors’ data from digital properties easy. You can also integrate data from other analytics tools with Segment to better understand how users interact with your website. This allows you to make better data-driven decisions, track your website’s performance and improve your customer’s experience. Some of the tools you can integrate with Segment include: Customer Relations Management (HubSpot, Dynamics, etc.) Email Marketing tools (Sender, MailChimp, etc.) Analytics tools (Abralytics, Google Analytics, Matomo, etc.) Marketing Automation tools (Eloqua, Marketo, etc.) Visualization tools (Google Charts, FusionCharts, etc.) Messaging platforms (Signal, Customer.io, etc.) Segment provides services for a wide range of professionals such as digital marketers, product managers, website owners, data analysts, data engineers, etc. What Is Matomo Analytics? Source: Matomo Home Page Matomo Analytics (formerly Piwik Analytics) is an open-source analytics solution built with PHP MySQL software for tracking and reporting website traffic and how users interact with the site. Matomo’s data reports inform you about your users, their activities on your site, what marketing channel they came from, and how they convert…or bounce off your website. So you can see what works and what doesn’t on your marketing funnel to improve conversion. Also, Matomo gives you complete control over the data on your website. No one else can access your website data without your permission. The Core Similarities Between Segment And Matomo They both: perform advanced marketing functions such as conversion tracking and data piping without the need to visit a developer – thereby saving time and stress offer an Application Programming Interface (API) to make communication with developers easier are open-source tools – you can view and inspect their analytics tracker code on GitHub create and use tracking and analytics events like real-time users, user locations, devices, operating systems, etc. feature tags for sending data to a third-party or embedding data from a third party to a website give you 100% data ownership of your analytics data use first-party cookies to identify new users have free and paid versions. The Core Differences Between Segment And Matomo Segment and Matomo serve unique purposes. Here is a breakdown of the core differences between them: Primary Function Segment is a Customer Data Platform and Matomo is a web analytics platform. Segment converts data into a general group to aid marketing tool integration. Segment’s primary focus as a CDP is allowing various tools to synergize. On the other hand, Matomo provides detailed reports on your website, its user, and their relationship. As a web analytics platform, the focus is to track, analyze, and report your analytics data. So, you can gain insight into what to change in your marketing funnel for the best conversion. Pricing Plans Segment has three versions – Free, Team and Business. Source: Segment Pricing Chart Free: The Free version of Segment costs $0/month and can track up to 1000 visitors per month, 2 sources, and 300+ integrations. It is ideal for startups and other small businesses. Some businesses using this plan are CodeMakers, Silverbean, etc. Team: The Team version of Segments starts from $120/month. It can track up to 10 000 visitors per month, unlimited sources, 1 data warehouse destination, plus the features of the Free version. It is suitable for small and mid-sized enterprises. Examples of companies using this plan are Logg, AutoPilot, Fast Company, etc. Business: The Business version of Segments has custom pricing. So, you pay based on your use. In addition to the features of the Team version, it offers services like Custom Volume, Historical Replay, Single View of Customer, Data Governance, Advanced Roles, and Permissions. It suits big businesses, large firms, and corporations. Some examples of these companies include IBM, Fox, ClearScore, etc. Matomo, on the other hand, has two models – Cloud and On-Premise. Matomo On-Premise: This Matomo version is free. To begin, you will need to host it on your server. However, you can buy specific bundles to improve your analytics. Some examples of these bundles are SEO web vitals (starting at $86.67/year), multi-channel conversion attribution (starting at $86.67/year), and Roll-Up reporting (starting at $218.33/year). Matomo Cloud: Matomo Cloud is hosted on Matomo’s server, and the price depends on the traffic and usage of your website. The cost ranges from $0 (21-day free trial) to $15,250 yearly. Hosting: Both tools can be hosted in two ways. For Segment, the two options are cloud mode and device mode. Cloud mode: The Cloud mode is hosted on Segment’s server. In this mode, the sources send data directly to the Segment servers, translating it for each downstream destination before passing it on. Translation gives a small page size, method count, and a faster load time. Device Mode: In this mode, you add a piece of code on your website or mobile app that allows Segment to use the