Industry Background:
The global Mobile Backend as a Service (BaaS) market is anticipated to witness high growth in the forecasted period due to the high demand for the phones and devices for rapid deployment and development of the cloud-based applications. It refers to the practice of using a service provider to power the backend services including business logic and data management of an app. Mobile Backend as a Service (MBaaS) is a service that provides a way to connect the application to backend cloud storage for people who develop web and mobile applications. Also, it provides various features including user management, push notifications, and social networking service integration. The rising acceptance of smartphones and mobile devices, growing several application developers and users all over the world, and urgent requirement for developing and installing the application at a fast pace is helping to boost the global market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | IBM Corporation (United States), Oracle Corporation (United States), Microsoft Corporation (United States), Kony (United States), Kinvey (United States), Anypresence, Inc. (United States), Appcelerator, Inc (United States), Built.Io (United States), KII Corporation (Jpan) and Cloudmine (United States) |
This growth is primarily driven by The Increasing Investment in Disruptive Cloud Technologies and The Rise in App Driven Economies across the World.
Globally, a noticeable market trend is evident Growing Trend of Developed Your Own Application in Enterprise Sectors
The Internet Software & 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 Corporation (United States), Oracle Corporation (United States), Microsoft Corporation (United States), Kony (United States), Kinvey (United States), Anypresence, Inc. (United States), Appcelerator, Inc (United States), Built.Io (United States), KII Corporation (Jpan) and Cloudmine (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. In order to gain a competitive edge and to meet increasing demands, network function virtualization companies focus on providing services that increase efficiency and reliability. 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
Key Developments in the Market:
On 28th September 2018, Software AG has announced the acquisition of Built.io, a San Francisco-based market-leading iPaaS company. Founded by serial entrepreneurs Nishant Patel, Neha Sampat and Matthew Baier, software vendor Built.io introduced its iPaaS offering, Built.io Flow™ in 2015.
Influencing Trend:
Growing Trend of Developed Your Own Application in Enterprise Sectors and The Upsurging Adoption of Smartphones in Developed and Developing Countries
Market Growth Drivers:
The Increasing Investment in Disruptive Cloud Technologies and The Rise in App Driven Economies across the World
Challenges:
The Dearth of Technical Expertise
Restraints:
The Growing Concern Regarding Data Security and Privacy
Opportunities:
Increasing Demand for Internet of Things in Mobile Backend as a Service (MBaaS) and Growing Adoption of MBaas Service among SME's
AMA Research follows 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 showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze 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 includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Mobile Backend as a Service (BaaS) Market
- Analysis about New Entrants in Mobile Backend as a Service (BaaS) Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Mobile Backend as a Service (BaaS) Study Sheds Light on
The Mobile Backend as a Service (BaaS) Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Mobile Backend as a Service (BaaS) industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Mobile Backend as a Service (BaaS) industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, 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 the value they currently claim or capture the new addressable opportunity.