What is Cloud Mobile Backend as a Service Market?
Cloud Mobile Backend as a Service is a cloud service model in which developers outsource all the behind-the-scenes aspects of a mobile application so that they only have to write and maintain the frontend. BaaS vendors provide pre-written software for activities that take place on servers, such as user authentication, database management, remote updating, and push notifications (for mobile apps), as well as cloud storage and hosting. Growing mobile app-driven economies and helps developers to concentrate on the frontend for faster development and deployment boosting the growth of the market.
The market study is being classified, by Application (Cloud Storage and Backup, User Authentication, Database Management and Push Notification) and major geographies with country level break-up.
Microsoft (United States), IBM (United States), Oracle (United States), Temenos (Switzerland), AWS (United States), Google (United States), PROGRESS (United States), Kii (United States), ProgrammableWeb (United States), Appcelerator (France), EXADEL (United States), 8Base (United States), Back4App (United States), Built.io (United States) and Backendless (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Kuzzle (France), BaaSBox (Italy) and PubNub (United States).
These emerging market players have been investing huge amounts of capital in research and development activities and innovation centers in order to expand their production capacities and meet the market’s growing demands. In addition, major market players are extending their share in the global network function virtualization market through mergers and acquisitions, joint ventures, and expansion. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Cloud Mobile Backend as a Service market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Cloud Mobile Backend as a Service market by Type, Application and Region.
On the basis of geography, the market of Cloud Mobile Backend as a Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Need for Development and Faster Deployment of Mobile Game and Applications.
- BaaS helps developers concentrate on the frontend for faster development and deployment
Market Trend
- Merging Technologies, such as IoT, AI, and Mobility, for Real-Time Data Analysis
Restraints
- Require Higher Initial Investment
- increase in the cost of technology and the for cloud security
Opportunities
- Increasing Adoption of Mobile Devices
- Rising Demand for Outsourcing Services
Challenges
- User’s Concern for Security and Privacy of Confidential Data and Business Processes
Market Leaders and some development strategies
In Aug 2019, Temenos announced that it has agreed to acquire Kony Inc, the fast-growing US digital banking SaaS company.
In Sept 2020, Microsoft launched Azure Communication Services (ACS) in public preview. These are the same chat, SMS texting, and video call services used by Microsoft Teams — now extended for use in your own business applications.
Key Target Audience
Cloud Mobile Backend as a Service (BaaS) Providers, Cloud Mobile Backend as a Service (BaaS) Developers, Technology Expertise, Government Regulatory Bodies, Private Research Organizations, Government Research Organizations and Others