According to a research report "Cloud
Mobile Backend as a Service (BaaS) Market by Application (Cloud Storage and
Backup, User Authentication, Database Management, Push Notification), Platform
(Android, iOS) Enterprise Size, Vertical (BFSI, Retail), and Region - Global
Forecast to 2025" published
by MarketsandMarkets, the Cloud mobile BaaS market size is expected to grow
from USD 2.0 billion in 2020 to USD 5.9 billion by 2025, at a CAGR of 23.9%
during the forecast period. Growing mobile app-driven economies demand BaaS,
Increasing the adoption of mobile devices, and BaaS helps developers
concentrate on the frontend for faster development and deployment are driving
factor for the Cloud mobile BaaS market.
Browse and in-depth TOC on
“oud Mobile Backend as a Service (BaaS) Market”
152 –
Tables
46 - Figures
173 – Pages
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The Database Management segment to hold a larger market
size during the forecast period
The Database management application segment is projected to
contribute majorly to the Cloud mobile BaaS market among the applications. This
growth these segments are supported by enterprises are transforming to the
digital world and cloud adoptions by enterprises from verticals across the world.
SMEs segment to grow with higher market size during the forecast
period
The Small and Medium size enterprises (SMEs) segment is expected
to grow with a higher rate contributing to the market. This growth of SMEs is
supported by the implementation of the Cloud mobile BaaS solution, along with
services, is expected to result in better risk mitigation, reduced
administrative overhead, reduced cost of compliance, favorable business
outcomes, and improved business efficiency for SMEs.
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North America to hold the largest market size during the
forecast period
The North American Cloud mobile BaaS market is already mature
for Cloud mobile BaaS systems, and a significant number of new installations of
Cloud mobile BaaS and upgrade of the existing Cloud mobile BaaS solutions.
Currently, the United States (US) holds the highest share in the Cloud mobile
BaaS market as it is home to large telecom giants, well-established suppliers,
as well as end-user industries that continuously adapt to newer technologies
for improved business productivity and work efficiency.
Market Players
Cloud Mobile Backend
as a Service (BaaS) Market players profiled in this report include Microsoft (US), IBM
(US), Oracle (US), Temenos (Switzerland), AWS (US), Google (US), PROGRESS (US),
Kii (US), ProgrammableWeb (US), Appcelerator (France), EXADEL (US), 8Base (US),
Back4App (US), Built.io (US), Backendless (US), Couchbase (US), Kumulos (US),
Kuzzle (France), BaaSBox (Italy), Loopback (US), and PubNub (US). These players
offer various Cloud mobile BaaS solutions and services to cater to the demands
and needs of the market. Major growth strategies are adopted by the players,
including acquisitions, partnerships, collaborations and agreements, and new
product launches/product enhancements.
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Content Source: https://www.marketsandmarkets.com/PressReleases/baas.asp
Report: https://www.marketsandmarkets.com/Market-Reports/mobile-backend-as-a-service-mbaas-market-813.html
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