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Mobile Backend as a Service Market Trends 2024 - The IT & telecom sector has been stimulating the global industry

Author : Ronak Bora | Published Date : 2019-04-09 

Global Market Insights, Inc. presents an extensive report on mobile backend as a service market that offers qualitative information about prevailing trends and a detailed analysis of the growth trajectory of this industry. It also includes a study of the historical data and detailed statistics that will help determine the future scope of the industry in terms of commercialization opportunities.

Mobile Backend as a Service Market in IT & telecom industry is expected to see healthy growth in the coming years due to the increasing trend of BYOD among the IT enterprises. The competition in the telecom sector has also grown tremendously due to the growth in the mobile application segment and availability of a variety of essential mobile applications.

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The increasing adoption of IoT and cloud applications by SMEs and large enterprises also contribute to the mobile backend as a service market growth. As the MBaaS are integrated with the cloud, they provide various advantages, such as enterprise data mobilization, in-build compliance, developer productivity, and build-in operational intelligence, leading to enhanced customer satisfaction. However, high initial investment expenses and the lack of security are the major parameters restraining the market growth. The developing regions lacking advanced infrastructure and proper cellular connectivity acts as a major barrier to the market growth. Furthermore, the security of the vast data stored on the cloud platform also acts as a growth barrier. 

Mobile backend as a service market has penetration into various service types including identity and access management, data and application integration, usage analytics, support and maintenance services, and professional services. The data and application integration services are majorly adopted by the organizations to reduce data leakage while transferring information from one device to another. It also assists the service providers with data synchronization mechanism where the users can store, analyze, update, and delete data as per requirement, managing the data with enhanced security.

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North America dominates the mobile backend as a service market due to the presence of some of the leading players including Oracle, Microsoft, and IBM. Technological advancements in the mobile applications developments also contribute to the growth in this region. Europe is witnessing a steady growth rate in the market due to the rapid adoption of these platforms and enhanced implementation of security services in the smart devices.

Mobile backend as a service market in Asia Pacific region is growing rapidly due to the enhanced adoption of smartphones and cloud computing technologies in this region. Countries including China, India, and Japan also showcase tremendous growth opportunities due to the increasing adoption of cloud services among SMEs. Furthermore, various companies offering MBaaS are also expanding in this region. For instance, in July 2015, Kony, a leading enterprise mobility company expanded its business in the Asia Pacific region to provide enterprise mobility solutions to enterprises throughout the region. As a part of this strategy, the company entered into strategic partnerships with the Asian companies including Telstra and SoftBank.

Mobile Backend as a Service Market is propelled by the growing adoption of smartphones across the globe along with the integration of the web and mobile applications with social networking platforms. Over 32% of the global population owned a smartphone in 2017 when compared to 25% in 2015. The number is further estimated to reach 40% by 2020. MBaaS enables mobile app developers to connect their backend applications to cloud storage, offering features such as push notifications, user management, data synchronization, and integration with businesses & third-party systems.

Browse Full Reports: www.gminsights.com/industry-analysis/mobile-backend-as-a-service-mbaas-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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