Press release
Enterprise Mobile Application Development Platform Market is estimated to grow at a CAGR 28% by Forecast to 2023
Enterprise mobile application development platform market is estimated to exhibit high growth potential during the forecast period owing to its increasing demand across various industry verticals like BFSI, healthcare, manufacturing, retail and IT & telecommunication. Rising demand among the enterprises for mobile applications drives the growth of the market. Additionally, innovations and advancements in technology, and increasing number of tools for the development of mobile applications is adding fuel to the growth of the enterprise mobile application development platform market.
The global enterprise mobile application development platform market has been segmented on the basis of deployment, end user, and vertical. The deployment is further segmented into cloud-based and on-premise. The cloud-based segment is holding the largest share of the market owing to its efficiency and cost-effectiveness. However, the rising costs and maintaining the back end integration may hamper the market growth.
Adobe Systems, Inc., IBM, Salesforce, Inc., SAP SE, Apple, Inc., MobileIron, Inc., and Microsoft Corporation are some of the leading players in the market. Red Hat mobile application platform provides an open source platform to users to build and deploy applications in an agile environment. The Microsoft Corporation believes in building outstanding mobile applications for all platforms and creates user-friendly mobile applications. The company focusses on offering innovative solutions and keeps up with the fast pace of the technological advancements. Increasing trend of mobile applications is one of the major factors driving the growth of the market. The focus towards mobile application development platforms is increasing due to the cost-efficiency and processes digitalization, which is convenient and faster too.
According to Market Research Future Analysis, the global Enterprise Mobile Application Development Platform Market is estimated to generate revenue of approximately USD 14 billion by 2023 growing at a CAGR of 28% during the forecast period 2017-2023.
Major Key Players:
• Adobe Systems, Inc. (U.S.)
• IBM Corporation (U.S.)
• Salesforce Inc. (U.S.)
• SAP SE (Germany)
• Apple Inc. (U.S.)
• MobileIron, Inc. (U.S.)
• Microsoft Corporation (U.S.)
• Oracle Corporation (U.S.)
• Red Hat, Inc. (U.S.)
• IntellectSoft (U.S.)
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Enterprise Mobile Application Development Platform Market Segmentation:
The global enterprise mobile application development platform market is segmented on the basis of deployment, end user, and vertical.
The end user segment is classified into small and medium businesses, and large enterprises. Both small and medium businesses and large enterprises are increasingly adopting the mobile application development platforms to facilitate data connectivity and help in accelerating the overall business processes.
Market Research Analysis:
North America is estimated to account for the largest share of the market, whereas Europe market is projected to grow at the fastest rate during the forecast period.
The North American market is witnessing rapid growth due to technological advancements and increasing demand for mobile application development platforms across different industry verticals in this region. The U.S. holds majority of the market share both in terms of revenue as well as adoption of mobile applications.
Regional Analysis:
The global enterprise mobile application development platform market is studied for Asia Pacific, North America, Europe, and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Europe is projected to grow at the fastest rate during the forecast period.
The North American market growth is attributed to technological advancements and increased adoption of mobile devices in the enterprises across various industry verticals.
Intended Audience
• Technology Investors
• Research/Consultancy firms
• Technology Solution Providers
• Government Bodies
• Software Vendors
• Software Service Providers
• Mobile Application Development Platform Vendors
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Table of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
Continued…
List of Tables
Table1Enterprise Mobile Application Development Platform Market, By Deployment
Table 2Enterprise Mobile Application Development Platform Market, By End User
Table 3Enterprise Mobile Application Development Platform Market, By Vertical
Continued…
List of Figures
Figure 1 Research Type
Figure 2 Enterprise Mobile Application Development Platform Market, By Deployment
Figure 3 Enterprise Mobile Application Development Platform Market, By End User
Continued…
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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