2021 Cloud Mobile BaaS Market by Application: Cloud Storage and Backup, User Authentication, Database Management, Push Notification

ReportsnReports added Cloud Mobile BaaS MarketResearch Report created by Report Consultant, which offers detailed insights, revenue details, and other information regarding the global market, and the various trends, drivers, restraints, opportunities, and market till 2028. Cloud Mobile BaaS Market Report offers detailed information regarding the leading key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions and mergers, and market footprint. Cloud Mobile BaaS Market also provides a comparative analysis of the market dynamics pre and post Covid19 outbreak.

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Top Company Profile Analysis in this Report-
Microsoft (US), IBM (US), Oracle (US), Temenos (Switzerland), AWS (US), Google (US), PROGRESS (US), Kii (US), ProgrammableWeb (US), Appcelerator (France), EXADEL (US), 8Base (US), Back4App (US), Built.io (US), Backendless (US), Couchbase (US), Kumulos (US), Kuzzle (France), BaaSBox (Italy), Loopback (US), and PubNub (US).

The Cloud mobile BaaS market size is expected to grow from USD 2.0 billion in 2020 to USD 5.9 billion by 2025, at a CAGR of 23.9% during the forecast period. The demand for Cloud mobile BaaS is driven by the Growing mobile app-driven economies demand BaaS, Increasing adoption of mobile devices, and BaaS helps developers concentrate on the frontend for faster development and deployment.

The market study covers the Cloud mobile BaaS market size across segments. It aims at estimating the market size and the growth potential of the market across segments by type, deployment mode, enterrpise size, end user, vertical, and region. The study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

the application segment has been segmented into Cloud storage and Backup, User authentication, Database Management, Push Notifications, and Others (social integration, geographic location, testing, communications, predictions, usage analytics, mobile backend game service, and professional services). The user authentication application is expected to grow at the highest CAGR during the forecast period. User authentication application of the cloud mobile BaaS enables the registration and validation of the users. The validation of the users can be done using the username and password, and social login, on biometric device verification, and One Time Password (OTP) on mobile/email.

The cloud mobile BaaS market has been segmented into the following verticals, such as BFSI; IT and ITeS; manufacturing; healthcare and pharmaceuticals; retail and eCommerce; media, entertainment, and gaming; telecommunications; and others (transportation and logistics, travel and hospitality, energy and utilities, and government and public sector). In the BFSI sector, it has enabled the banking sector to revolutionize its offerings by introducing new ways to make payments. Cloud services help banks to lower banking costs and improve operations. With the increasing adoption of the cloud, the demand for BaaS services is also growing.

The APAC Cloud mobile BaaS market is experiencing slashing IT budgets and the growing IT infrastructures across organizations, which is encouraging the organizations in the region to adopt Cloud mobile BaaS solutions for streamlining their lease processes. The major countries to witness high growth rates in this region include Japan and China among others.

By Company Type: Tier 1 – 33%, Tier 2 – 25%, and Tier 3 – 42%
By Designation: C-level executives– 31%, Director Level – 34%, and Others – 35%
By Region: North America – 42%, Europe – 28%, APAC – 22%, and RoW – 8%

Key Benefits of Buying the Report-
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall Cloud mobile BaaS market and its sub segments. The report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

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