The document summarizes a report on the cloud mobile backend as a service (BaaS) market. Some key points:
- The cloud mobile BaaS market is expected to grow from $2 billion in 2020 to $5.9 billion by 2025, representing a compound annual growth rate of 23.9%.
- Major segments of the market include cloud storage and backup, user authentication, database management, and push notifications. Major verticals include BFSI, IT, manufacturing, healthcare, and retail.
- Key drivers of demand for cloud mobile BaaS include the growing mobile app-driven economy, increasing adoption of mobile devices, and how BaaS helps developers focus on front-end
2. Scope of The Report
By Applications
The research report categorizes the Cloud mobile BaaS market
to forecast the revenues and analyse the trends in each of the following subsegments:
• Cloud storage and Backup
• User authentication
• Database Management
• Push Notifications
• Others
And More…
By Verticals
• BFSI
• IT and ITeS
• Manufacturing
• Healthcare and pharmaceuticals
• Retail and eCommerce
• Media, entertainment
• Gaming
• Telecommunications
• Others
By Platforms
• Android
• iOS
• Others
3. Key Segments
The mobile app changed people’s lives, enabling instant communication be
tween manufacturers/developers and end users, marketing activities, and tr
ansforming the nation’s economy.
The adoption of mobile devices, such as laptops, smartphones, and wearable
s, has increased drastically in recent times, majorly because of their advantag
es, such as mobility and enhanced features.
The demand for Cloud mobile BaaS is driven by the Growing mobile app-drive
n economies demand BaaS, Increasing adoption of mobile devices, and BaaS
helps developers concentrate on the frontend for faster development and depl
oyment.
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3
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5 The Database management application segment is projected to contribute majorly to th
e Cloud mobile BaaS market among the applications.
[173 Pages Report] The Cloud mobile BaaS market size is expected to grow from $2.0
billion in 2020 to $5.9 billion by 2025, at a CAGR of 23.9% during the forecast period.
4. Market Growth Rate
2018 2023
Market Size of
$2.0 billion
Market Size of
$5.9 billion23.9%
CAGR
5. Key Vendors
• Microsoft (US)
• IBM (US)
• Oracle (US)
• Temenos (Switzerland)
• AWS (US)
• And More
Major Players
View Report Here - https://www.marketsandmarkets.com/Market-Reports/
mobile-backend-as-a-service-mbaas-market-813.html
6. Major Regions
• North America
• Europe
• APAC
• MEA
• Latin America
North America is expected to hold the
largest market share.
Asia Pacific (APAC) is expected to prov
ide opportunities for debt collection soft
ware providers and grow at the highest
CAGR
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