Cloud Mobile Backend as a Service (BaaS) Market Predicted to Grow $5.9 Billion by 2025

Cloud Mobile BaaS Market size 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.

Northbrook, IL — (SBWIRE) — 02/17/2022 — According to a new market 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 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 152 market data Tables and 46 Figures spread through 173 Pages and in-depth TOC on “Cloud Mobile Backend as a Service (BaaS) Market”

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=813

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.

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.

Speak to Research Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=813

Market Players

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.

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: sales@marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/baas.asp

For more information on this press release visit: http://www.sbwire.com/press-releases/cloud-mobile-backend-as-a-service-baas-market-predicted-to-grow-59-billion-by-2025-1353546.htm

Media Relations Contact

Amish Keswani
Telephone: 1-888-600-6441
Email: Click to Email Amish Keswani
Web: https://www.marketsandmarkets.com/Market-Reports/mobile-backend-as-a-service-mbaas-market-813.html