Backend as a Service (BaaS) Market Revenue to Expand at a CAGR of 84.2% by 2020
According to a new market research
report "Cloud/Mobile
Backend As A Service (BAAS) Market by Service Type (Data and
Application Integration, Identity and Access Management, Usage Analytics,
Professional Service , and Support and Maintenance Service) - Global Forecast
to 2020", the global BaaS
market size to grow from USD 1.32 Billion in 2015 to USD 28.10 Billion by 2020,
at a Compound Annual Growth Rate (CAGR) of 84.2%.
The growth
in the number of mobile applications and increase in mobile game developers,
and increased adoption of BaaS services among the SMEs and the enterprises,
provides the market the future opportunity for the growth. The major drivers
responsible for the growth of the BaaS market are increased adoption of cell
phones and smart devices, demand for rapid deployment and development, and
increased adoption of cloud-based applications.
Key Voice Backend as a Service Market
Player
The Backend as a Service market ecosystem comprises major BaaS
providers, such as IBM Corporation (Armonk, New York, US), Oracle Corporation
(Santa Clara, California, US), Microsoft Corporation (Redmond, Washington, US),
Kony (Austin, Texas, US), and Kinvey (Boston, Massachusetts, US). Other
stakeholders of the market include systems integrators, application designers
and development service providers, and network service providers.
Browse 64 market data Tables and 43
Figures spread through 121 Pages and in-depth TOC on "Cloud/Mobile
Backend As A Service (BAAS) Market - Global Forecast to 2020"
In the
services type segment, data and application integration service would
contribute the maximum market share in 2015
The data and application integration services type is the core segment
that prevents any kind of data leakage while transferring the data from one
place to another. The data integration services type is widely adopted by the
enterprises and comprises enterprise integration services, data and file
storage and SaaS integrations. This service type enables the IT staff to
connect the enterprise systems through single data and identity microservices.
The data integration services type also manages the data as it includes hosting
services where users can store, alter, update, delete, and upload any type of
content. This makes the data integration service a robust service further
providing high-end security features to the SMEs, large enterprises, and the
end-users.
The growing
demand for monitoring active users, devices and events, and securing the
business critical data by the organization is driving the growth of the usage
analytics in this market
The usage analytics services type assist organizations by providing
numerous features such as push notifications, location, beacons, email, and
SMS. The BaaS vendors provide analytics capabilities such as monitoring active
users, active devices, events, API calls, and storage. The push notification is
a system generated automatic message where users are notified for an event
related to an application. The push notification also allows users to
communicate with one another by using ‘User to User’ push notifications. The
analytics dashboard enables the mobile app developers to track the usage of app
and take control to deliver superior experiences across all devices and
platforms.
Presence of
all the major BaaS players and 35% of the total application developers in North
America are the key drivers driving the North American market
North America is expected to have the largest market share and would
dominate the BaaS market from 2015 to 2020 due to the presence of major BaaS
players. In Asia-Pacific (APAC), the rapid adoption of the cloud-based
technology has created numerous opportunities for the vendors offering BaaS
services; hence, this region is expected to grow at the highest CAGR during the
forecast period.
Content
Source: https://www.marketsandmarkets.com/PressReleases/baas.asp
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