Press release
Mobile Backend as a Service Market Worth $87 Billion by 2023 with 64% of CAGR | Microsoft, IBM, Oracle, Appcelerator CloudMine, Built.IO Backend, KII
Mobile Backend as a Service market is growing rapidly over 64% of CAGR and is expected to reach at USD ~$87 billion by the end of forecast period to 2018-2023. Global Mobile Backend as a Service Market Segment by Service Type (Access Management, Identity and Data and Application Integration) By Operating System (Android, IOS, others) By Organization Size (Small, Medium & Large Enterprises) By Application (Health, Retail) by Forecast 2023Mobile Backend as a Service Market Top Key Players:
The prominent players in the Mobile Backend as a Service market are Microsoft Corporation (U.S), IBM Corporation (U.S), Oracle Corporation (U.S), Kony, Inc. (U.S), Kinvey Inc. (U.S), Any Presence Inc.(U.S), Appcelerator Inc. (U.S), CloudMine In. (U.S), Built.IO Backend (U.S), KII Corporation (JAPAN) and Exadel Inc. (U.S) among others.
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Mobile Backend as a Service Market Highlights:
The study reveals that the market of Mobile Backend as a Service is trending in North America region. The Mobile Backend as a Service market is driven by the innovation and advancements in app development to make more advanced and cost effective systems. A recent trend in smart phone and devices is boosting the Mobile Backend as a Service market.
The study also signifies that the increasing demand of cloud based MBaaS and the concept of “develop your own applications” is a key driver for Mobile Backend as a Service Market. Moreover, the trend of growing number of Apps has grown to App user Base in Mobile Backend as a Service and is boosting the IoT Apps usage which indirectly supports to drives the demand for the MBaaS solutions. Whereas, the low cost acts as an advantage to the Mobile Backend as a Service market.
The study indicates that Mobile Backend as a Service is growing number of applications, increasing demand of Internet of things and the feature that delivers application resources with few resources, optimize for mobile and tablets and secure. It helps to reduce complexities in application development majorly drives this market. MBaaS makes it easier for developers to set up, use, and operate a cloud backend for creating their mobile, tablet, and web apps.
Mobile Backend as a Service Market Segmentation:
The Mobile Backend as a Service Market has been segmented on the basis of Service type, Operating System, Organization Size, end-user and region. Looking through the end-user segment it has been observed that Telecommunication and IT has shown a tremendous usage of mobile applications and holds the largest market share. The analysis indicates that the other sectors like BFSI and gaming sector would be considering Mobile Backend as a Service for their regular use and would show a positive growth in the Mobile Backend as a Service market.
Mobile Backend as a Service Market Regional Analysis:
The regional analysis of Mobile Backend as a Service market is being studied for region such as Asia pacific, North Americas, Europe and Rest of the World. Technological advancements in ease of smart mobile usage to develop the mobile applications has driven the market of Mobile Backend as a Service in North America. The study reveals that Europe region is also showing the positive sign towards mobile application at a very rapid pace in the Mobile Backend as a Service market during the forecast period as MBaaS is updating various applications and security to the smart mobile and devices. Asia-Pacific countries like China, Japan and India have shown considerably fair share in the Mobile Backend as a Service market but will be growing fast in coming time.
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Intended Audience:
• System Security
• Software investors
• Cloud Service Providers
• Handset Original Equipment Manufacturers
• Infrastructure as Service providers
• Mobile Enterprise Application Platform Providers
• Mobile Services Companies
• Mobile Software Development Kit providers
• Software developers
• Software as Service providers
• Wireless Service Providers
• Mobile Backend as a Service Agencies
• Technology Integrators
• Research/Consultancy firms
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