Cloud/Mobile Backend as a Service (BaaS) Market 2021 Industry Size, Segments, Share, Key Players and Growth Factor Analysis by 2030

In a recent published report, Kenneth Research has updated the market report for Cloud/Mobile Backend as a Service (BaaS) Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Cloud/Mobile Backend as a Service (BaaS) Market products.

The global Cloud/Mobile Backend as a Service (BaaS) Market was valued at USD 2.71 billion in 2016 and is projected to reach USD 105.00 billion by 2025, growing at a CAGR of 84% from 2017 to 2025.

Market Definition:
Cloud/Mobile Backend as a service (BaaS) gives web application and mobile application developers with a means to connect with their app to backend cloud storage and APIs by back end applications providing characteristics such as push notifications and user management. Cloud/Mobile Backend as a service includes most of the enterprise application requirements including enterprise integration, data storage, identity management, social integration, user management, marketing automation and analytics.

The Final Report will cover the impact analysis of COVID-19 on this industry:

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Sample Infographics:

Market Dynamics:
1. Market Drivers
1.1 Growing rate of Mobile Phone and Smart Device Users
1.2 Increase in mobile game developers and mobile applications
1.3 Need for Development and Faster Deployment

2. Market Restraints
2.1 Costly Technology
2.2 Concerns for data security
2.3 Increasing Competition in Mobile Application Industry

Market Segmentation:
The global Cloud/Mobile Backend as a Service (BaaS) Market is segmented on the basis of component, application type, deployment model, verticals, organization size, and region.
1. Global Cloud/Mobile Backend as a Service (BaaS) Market, by Service:
1.1 Identity and Access Management
1.2 Analytics
1.3 Support and Maintenance
1.4 Data Storage
1.5 Professional Services

2. Global Cloud/Mobile Backend as a Service (BaaS) Market, by Vertical:
2.1 Retail and Consumer Goods
2.2 Telecom and IT
2.3 Manufacturing
2.4 Healthcare
2.5 Banking, Financial services and Insurance
2.6 Media and Entertainment
2.7 Others

3. Global Cloud/Mobile Backend as a Service (BaaS) Market, by Operating System:
3.1 iOS
3.2 Android
3.3 Blackberry
3.4 Others

4. Global Cloud/Mobile Backend as a Service (BaaS) Market, by Organization Size:
4.1 Large Companies
4.2 Mid-sized Companies
4.3 Small Companies

5. Global Cloud/Mobile Backend as a Service (BaaS) Market, by Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Rest of the World

Competitive Landscape:
The major players in the market are as follows:
1. KII Corporation
2. Oracle Corporation
3. Cloudmine
4. IBM Corporation
5. Kony
6. Microsoft Corporation
7. Kinvey
8. Anypresence

9. Built.Io Backend
10. Appcelerator

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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Research study on the Cloud/Mobile Backend as a Service (BaaS) Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team.

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Darlene Dooley is a research expert and freelance writer. She is very dedicated towards her work and writing. She enjoys to write on current news on any industry and conclude the news with highly professional report. She has almost 8 years of experience in the same field. She has strong professional skill in Market research, Business Strategies, online marketing, Industry analysis interested in innovative and trending technologies.

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