Press release
Cloud Mobile Backend as a Service (BaaS) Market Achieves 23.29 Billion USD Valuation, with a Projected CAGR of 18.4% By 2032
Cloud Mobile Backend as a Service (BaaS) refers to a model where cloud-based services provide backend support for mobile applications. This model offers developers a set of tools and functionalities to handle common backend tasks such as user authentication, data storage, push notifications, and server-side logic without having to build and maintain their own backend infrastructure.
Global Cloud Mobile Backend as a Service (BaaS) Market size and share is currently valued at USD 6.04 billion in 2024 and is anticipated to generate an estimated revenue of USD 23.29 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 18.4% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 - 2032
Get a Sample with the Latest Trends and Future Advancements @ https://www.polarismarketresearch.com/industry-analysis/cloud-mobile-backend-as-a-service-baas-market/request-for-sample
Cloud and Mobile Backend as a Service (BaaS) presents a cloud-based platform that furnishes fundamental infrastructure and services crucial for the development of mobile and web applications. This comprehensive solution encompasses functionalities such as database management, authentication, file storage, and APIs. BaaS streamlines the development workflow by minimizing the necessity for backend coding and infrastructure administration. This, in turn, empowers developers to concentrate on crafting feature-rich applications that seamlessly operate on both mobile and web platforms.
The surge in demand for cloud and mobile backend services is notable across small, medium, and large enterprises. Furthermore, the global increase in the adoption of mobile phones and smart devices further propels the need for these services.
Over the past few years, there has been a substantial rise in the adoption of smart devices. The proliferation of mobile devices, including smartphones, laptops, and wearables, has experienced a remarkable surge, primarily attributed to their mobility and enhanced functionalities. Forecasts indicate a continued expansion in the use of mobile devices, especially among individuals aged 18 to 40. The social media penetration rate on a regional basis, the increasing count of smartphone users in the world's most populous nations, the widespread adoption of cloud services and infrastructure, and the escalating global data traffic from smartphones are all witnessing exponential growth.
With a heightened focus on delivering a seamless user experience, businesses are turning to Cloud BaaS to handle backend functionalities, enabling developers to concentrate on creating intuitive and user-friendly interfaces. Enterprises are undergoing digital transformation initiatives, and mobile applications play a crucial role in this process. Cloud BaaS services support enterprises in building and managing scalable and secure backend infrastructure for their mobile apps.
Some of the major players operating in the global market include:
Amazon Web services
BrainCloud
Firebase
Google cloud platform
IBM
Kii
Kinvey
Microsoft
Oracle
Parse
SAP
Interested in personalized insights? Ask Us For Customization @ https://www.polarismarketresearch.com/industry-analysis/cloud-mobile-backend-as-a-service-baas-market/request-for-customization
Growth Drivers
Rapid Growth of Mobile Applications: With the proliferation of smartphones and tablets, the demand for mobile applications has surged across various industries. BaaS platforms provide developers with the infrastructure and tools needed to quickly develop and deploy mobile apps, reducing time-to-market and development costs.
Scalability and Flexibility: BaaS solutions are designed to scale with the needs of the application, allowing developers to easily accommodate fluctuations in user demand and data volumes. This scalability is particularly important for mobile apps that may experience sudden spikes in usage, such as those associated with viral trends or marketing campaigns.
Focus on Frontend Development: BaaS platforms enable developers to focus more on frontend development and user experience, as they abstract away much of the complexity of backend infrastructure management. This allows developers to iterate quickly and deliver high-quality mobile apps that meet user expectations.
Application:
Consumer Applications: BaaS platforms are widely used to develop consumer-facing mobile applications such as social networking apps, e-commerce platforms, gaming apps, and multimedia streaming services.
Enterprise Mobility Solutions: BaaS offerings enable enterprises to develop and deploy mobile apps for internal use, including employee productivity tools, customer relationship management (CRM) systems, and business process automation solutions.
Internet of Things (IoT) Applications: BaaS platforms play a crucial role in enabling connectivity and data management for IoT devices and applications. By providing scalable backend infrastructure, BaaS solutions support real-time data processing, device management, and integration with IoT analytics platforms.
Cloud Mobile Backend as A Service (Baas) Market Report Highlights
In 2023, the BSFI segment accounted for the largest market share due to its increasing reliance on mobile banking applications and the emphasis on delivering seamless customer experiences driving the adoption of Cloud BaaS.
The cloud storage and backup segment is projected to grow at the fastest CAGR during the projected period. Cloud storage provides the flexibility and scalability needed to manage the surge in data volume. It offers global accessibility, enabling users to retrieve data from any location with an internet connection.
In 2023, North America accounted for the largest market due to the extensive utilization of smartphones and other mobile devices in North America is propelling the need for mobile applications. Cloud BaaS, offering essential backend support for mobile app development, gains advantages from the growing dependence on mobile technology in the region.
Asia Pacific is expected to witness the fastest CAGR during the forecast period due to increasing demands for mobiles and increasing online payments.
Purchase the Report for Key Insights @ https://www.polarismarketresearch.com/buy/3292/2
Polaris Market Research has segmented the cloud mobile backend as a service (BaaS) market report based on platform, enterprises size, application, industry vertical and region:
Cloud Mobile Backend as a Service (BaaS) Market, Platform Outlook (Revenue - USD Billion, 2019 - 2032)
Android
iOS
Others
Cloud Mobile Backend as a Service (BaaS) Market, Enterprises Size Outlook (Revenue - USD Billion, 2019 - 2032)
Small and medium-sized enterprises
Large enterprises
Cloud Mobile Backend as a Service (BaaS) Market, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Cloud storage and backup
User authentication
Database management
Push notifications
Others
Cloud Mobile Backend as a Service (BaaS) Market, Industry Vertical Outlook (Revenue - USD Billion, 2019 - 2032)
BFSI
IT and ITeS
Manufacturing
Healthcare and pharmaceuticals
Retail and commerce media, entertainment
Gaming
Telecommunications
Others
Cloud Mobile Backend as a Service (BaaS) Market, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Contact Us:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
About Us:
Polaris Market Research is a worldwide market research and consulting organization. We give an unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures present globally.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cloud Mobile Backend as a Service (BaaS) Market Achieves 23.29 Billion USD Valuation, with a Projected CAGR of 18.4% By 2032 here
News-ID: 3375767 • Views: …
More Releases from Polaris Market Research & Consulting
Home Water Filtration Market Is Expected to Reach USD 30.97 Billion With Growing …
A home water filtration, also known as a point of entry tap, is a procedure situated where the prominent water line passes into the homes. It can assist in decreasing pollutants such as chlorine, iron, sulfur, and more from the water. It proposes cleaner water into each tap in the home. This indicates that one is able to approach filtered water all through the house while scrubbing dishes, making coffee,…
Mobile Accessories Market Poised for US$ 168.03 Billion by 2032 Growth Globally, …
The global mobile accessories market was valued at USD 93.34 billion in 2023. Looking forward, Polaris Market Research expects the market to reach USD 168.03 billion by 2032, exhibiting a growth rate (CAGR) of 6.80% from 2024 to 2032. The emergence of low-cost smartphones, their advanced features, and consumers' growing inclination for wireless mobile phone accessories are the key factors propelling the market's growth.
𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.polarismarketresearch.com/industry-analysis/mobile-accessories-market/request-for-sample
𝐌𝐚𝐫𝐤𝐞𝐭…
Train Dispatching Market is Expected to Cross a Revenue of USD 2,008.75 Million …
According to the research report, the global train dispatching market was valued at USD 937.63 million in 2022 and is expected to reach USD 2,008.75 million by 2032, to grow at a CAGR of 7.9% during the forecast period.
𝐓𝐫𝐚𝐢𝐧 𝐃𝐢𝐬𝐩𝐚𝐭𝐜𝐡𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰
A train dispatcher, also referred to as a rail traffic controller, is employed by a railroad for directing and facilitating the movement of trains over an assigned territory. They're…
Autonomous Ships Market to Witness a Healthy CAGR of 9.3% with USD 9.17 Billion …
According to the research report, the global autonomous ships market was valued at USD 3.77 billion in 2022 and is expected to reach USD 9.17 billion by 2032, to grow at a CAGR of 9.3% during the forecast period.
𝐀𝐮𝐭𝐨𝐧𝐨𝐦𝐨𝐮𝐬 𝐒𝐡𝐢𝐩𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰
An autonomous ship, also referred to as an autonomous container ship or maritime autonomous container ship, is a vehicle that can navigate, operate, and make decisions without human intervention.…
More Releases for BaaS
Backend-as-a-Service (BaaS) Market Report Up to 2031
Visiongain has published a new report on Backend-as-a-Service (BaaS) Market Report to 2031: Forecasts by type (Consumer BaaS, Enterprise BaaS), by organization size (Small & Medium-sized Enterprises, Large Enterprises), by services (Data Integration, Identity & Access Management, Support & Maintenance, Others). PLUS Profiles of Leading Backend-as-a-Service (BaaS) Companies and Regional and Leading National Market Analysis. PLUS COVID-19 Recovery Scenarios.
Backend-as-a-Service (BaaS) is an alternative approach that uses software development kits (SDKs)…
Game BaaS Market VALUATION TO BOOM THROUGH 2030
(United States, OR Poland) The Game BaaS Market report is composed of major as well as secondary players describing their geographic footprint, products and services, business strategies, sales and market share, and recent developments among others. Furthermore, the Game BaaS report highlights the numerous strategic initiatives such as product launches, new business agreements and collaborations, mergers and acquisitions, joint ventures, and technological advancements that have been implemented by the major…
Gamespark BAAS Press Release
GAMESPARK™ recently opened registrations to studios as it commences development toward the alpha realease of its revolutionary new Gamespark BAAS free back end as a service for game studios.
The original online games and social networking tools available on GAMESPARK™ will continue to be available to players and game studios, while registrations are now open to game studio users for pilot testing the various new Gamepsark BAAS services in the…
Battery as a Service (BaaS) Market May Set New Growth Story
The latest research on “Global Battery as a Service (BaaS) Report 2021” offered by HTF MI provides a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the “Market”. Some of the Major Key Players Covered in this report are Epiroc, NIO, Global Technology Systems,…
Banking-as-a-Service (BaaS) Market - How COVID19 impacting the Banking-as-a-Serv …
The Banking-as-a-Service (BaaS) Market 2020-2024 Report involve of strong research on global Banking-as-a-Service (BaaS) industry which enables the customer to look at the possible requirement as well as prediction. The constraints and drivers are assembled after a significant study of the global Banking-as-a-Service (BaaS) market's proficiency. The development ratio which is expected in perspective of the rational analysis provides thorough information of the worldwide Banking-as-a-Service (BaaS) industry.
Get a sample…
Backend As A Service (Baas) Market: Current Outlook Of Industry & Forecast
Backend as a Service, or BaaS as it is commonly called, is a model that allows developers of web as well as mobile applications to not only store their applications to a backend cloud infrastructure but also link them back to the cloud. Emerging as an intermediary between Platform as a Service (PaaS), Software as a Service (SaaS), and Infrastructure as a Service (IaaS), BaaS differs from these three in…
