The Worldwide Industry for Mobile Backend as a Service is Expected to Reach $5.9 Billion by 2025
DUBLIN, Dec. 16, 2020 /PRNewswire/ -- The "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" report has been added to ResearchAndMarkets.com's offering.
The global cloud mobile BaaS market is expected to reach USD 5,940 million by 2025 from USD 2,032 million in 2020, at a CAGR of 23.9% during the forecast period.
The demand for Cloud mobile BaaS is driven by the Growing mobile app-driven economies demand BaaS, Increasing adoption of mobile devices, and BaaS helps developers concentrate on the frontend for faster development and deployment.
User Authentication segment to growth with higher CAGR during the forecast period
the application segment has been segmented into Cloud storage and Backup, User authentication, Database Management, Push Notifications, and Others (social integration, geographic location, testing, communications, predictions, usage analytics, mobile backend game service, and professional services). The user authentication application is expected to grow at the highest CAGR during the forecast period. User authentication application of the cloud mobile BaaS enables the registration and validation of the users. The validation of the users can be done using the username and password, and social login, on biometric device verification, and One Time Password (OTP) on mobile/email.
By vertical, BFSI vertical to register the largest market size during the forecast period
The cloud mobile BaaS market has been segmented into the following verticals, such as BFSI; IT and ITeS; manufacturing; healthcare and pharmaceuticals; retail and eCommerce; media, entertainment, and gaming; telecommunications; and others (transportation and logistics, travel and hospitality, energy and utilities, and government and public sector). In the BFSI sector, it has enabled the banking sector to revolutionize its offerings by introducing new ways to make payments. Cloud services help banks to lower banking costs and improve operations. With the increasing adoption of the cloud, the demand for BaaS services is also growing.
Asia Pacific (APAC) to register the highest growth rate during the forecast period
The APAC Cloud mobile BaaS market is experiencing slashing IT budgets and the growing IT infrastructures across organizations, which is encouraging the organizations in the region to adopt Cloud mobile BaaS solutions for streamlining their lease processes. The major countries to witness high growth rates in this region include Japan and China among others.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Growth Opportunities in the Cloud Mobile Backend as a Service Market
4.2 Market: by Application, 2020 Vs 2025
4.3 Market: by Platform, 2020 Vs 2025
4.4 Market: by Enterprise Size, 2020 Vs 2025
4.5 Market: by Vertical, 2020 Vs 2025
4.6 Cloud Mobile Backend as a Service Market Regional Scenario, 2020-2025
5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Mobile App-Driven Economies Demand Baas
5.2.1.2 Baas Helps Developers Concentrate on the Frontend for Faster Development and Deployment
5.2.2 Restraints
5.2.2.1 Higher Capex Demand for Baas
5.2.3 Opportunities
5.2.3.1 Increasing Adoption of Mobile Devices
5.2.3.2 Mobile Apps and Mobile Games Gaining Popularity Among the End-users
5.2.4 Challenges
5.2.4.1 Security and Privacy Concerns for Confidential Data and Business Processes
5.3 COVID-19-Driven Market Dynamics
5.3.1 Assumptions: COVID-19 Impact on the Cloud Mobile Backend as a Service Market
5.3.2 COVID-19 Impact: Cloud Mobile Backend as a Service Market
5.3.3 Drivers and Opportunities
5.3.4 Restraints and Challenges
5.4 Case Study Analysis
5.4.1 Use Case 1: Insurance
5.4.2 Use Case 2: Games
5.4.3 Use Case 3: Smart Building
5.5 Cloud Mobile Baas Market: Value Chain Analysis
5.6 Market: Technology Analysis
5.6.1 Artificial Intelligence
5.6.2 Analytics
5.7 Market: Pricing Analysis
5.8 Cloud Mobile Backend as a Service Market: COVID-19 Impact
5.8.1 Assumptions: COVID-19 Impact on the Market
5.8.2 Operational Drivers: Cloud Mobile Baas Market
5.9 Regulatory Policies
5.9.1 Introduction
5.9.2 General Data Protection Regulation
6 Cloud Mobile Backend as a Service Market, by Application
6.1 Introduction
6.1.1 Application: Market Drivers
6.1.2 Application: COVID-19 Impact
6.2 Cloud Storage and Backup
6.3 User Authentication
6.4 Database Management
6.5 Push Notification
6.6 Other Applications
7 Cloud Mobile Backend as a Service Market, by Platform
7.1 Introduction
7.1.1 Platform: Market Drivers
7.1.2 Platform: COVID-19 Impact
7.2 Android
7.3 iOS
7.4 Other Platforms
8 Cloud Mobile Backend as a Service Market, by Enterprise Size
8.1 Introduction
8.1.1 Enterprise Size: Market Drivers
8.1.2 Enterprise Size: COVID-19 Impact
8.2 Small and Medium-Sized Enterprises
8.3 Large Enterprises
9 Cloud Mobile Backend as a Service Market, by Vertical
9.1 Introduction
9.1.1 Vertical: Market Drivers
9.1.2 Vertical: COVID-19 Impact
9.2 Information Technology and Information Technology-Enabled Services
9.3 Banking, Financial Services, and Insurance
9.4 Healthcare and Pharmaceuticals
9.5 Media, Entertainment, and Gaming
9.6 Retail and Ecommerce
9.7 Telecommunications
9.8 Manufacturing
9.9 Other Verticals
10 Cloud Mobile Backend as a Service Market, by Region
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia-Pacific
10.5 Middle East and Africa
10.6 Latin America
11 Competitive Landscape
11.1 Introduction
11.2 Market Evaluation Framework
11.3 Market Share of Top Vendors
11.4 Revenue Analysis of Top Vendors
11.5 Company Evaluation Quadrant
11.5.1 Definitions and Methodology
11.5.2 Star
11.5.3 Emerging Leader
11.5.4 Pervasive
11.5.5 Participant
11.6 SME Evaluation Quadrant
11.6.1 Definitions and Methodology
11.6.2 Progressive Vendors
11.6.3 Responsive Vendors
11.6.4 Dynamic Vendors
11.6.5 Starting Blocks
12 Company Profiles
12.1 Introduction
12.2 Microsoft
12.3 Oracle
12.4 Temenos
12.5 AWS
12.6 IBM
12.7 Google
12.8 Progress
12.9 KII
12.10 Programmableweb
12.11 Appcelerator
12.12 Exadel
12.13 8Base
12.14 Back4App
12.15 Built.Io
12.16 Backendless
12.17 Couchbase
12.18 Kumulos
12.19 Kuzzle
12.20 Baasbox
12.21 Loopback
12.22 Twenty57
12.23 Pubnub
12.24 Hackerbay
12.25 Hasura
12.26 Oursky
12.27 Mongodb
13 Adjacent Market
14 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/55u4hh
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