Industry Background:
Backend-as-a-Service (BaaS) is a service concept in which developers outsource all of the backend parts of a web or mobile application, leaving them with only the frontend to build and manage. BaaS companies provide the pre-written code for things like the website, DBM, remote updating, and user authentication. Developers are able to only concentrate on creating frontend application code with BaaS. They are able to incorporate all of the backend functionality they require thanks to this service, without having to construct the backend themselves. They also don't have to worry about managing servers, virtual machines, or containers in order to keep the program functioning. As a result, they are able to develop and launch mobile and online applications more swiftly. North America is the biggest market for backend-as-a-service.This growth is primarily driven by Demand for Outsourcing the Backend Development of App and Need To Quickly Launch App or Platform in The Market.
Globally, a noticeable market trend is evident Adoption Of Wide-Range of Technologies in Backend-as-a-Service. The Business Services sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as IBM (United States), 8Base (United States), Progress (United States), Pragma (United States), Oracle (United States), Temenos (Switzerland), Amazon (United States), Alphabet (United States), Kii (United States) and ProgrammableWeb (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 28th June 2017, Progress announced the acquisition of the leading backend-as-a-service provider, Kinvey. According to Progress, with the acquisition of Kinvey, Progress has created the only full-stack open platform for building and deploying modern business applications. This will expand the portfolio of Progress.
Market Drivers
- Demand for Outsourcing the Backend Development of App
- Need To Quickly Launch App or Platform in The Market
Market Trend
- Adoption Of Wide-Range of Technologies in Backend-as-a-Service
Restraints
- Lack Of Control in The Case of Backend-as-a-Service
Opportunities
Growing Need of Companies to Develop Mobile App Will Boost the Demand of Backend-as-a-Service and Rise Of Start-Ups in The Space of Backend-as-a-Service Will Its Demand
Challenges
Lack Of Awareness About Backend-as-a-Service and Complex End-User Needs
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Backend-as-a-Service Study Sheds Light on
The Backend-as-a-Service Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Backend-as-a-Service industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Backend-as-a-Service industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.