Cloud Mobile Backend-as-a-Service (BaaS) Market Set to Experience a Massive 18.5% CAGR During 2024-2030

The increased popularity of utility-entertainment-driven applications has created numerous opportunities in the Cloud Mobile BaaS Market.

According to MarkNtel Advisors study, The Global Cloud Mobile Backend-as-a-Service (BaaS) Market size was valued at USD3.8 billion in 2023 and is estimated to grow at a CAGR of around 18.5% during the forecast period, i.e., 2024-30.

Increased mobile app utilization has spurred the acceptance of Backend-as-a-Service (BaaS) solutions hosted in the cloud. Sectors like finance, healthcare, and e-commerce have witnessed heightened demand for dependable backend assistance due to an upsurge in application development endeavors. Leaders such as Google, AWS, and Microsoft provide adaptable BaaS infrastructure that streamlines app creation, while other enterprises look into inexpensive cloud substitutes to increase their operational efficiency with minimal physical infrastructure costs.

BaaS adoption is fueled by security concerns, as these platforms offer built-in features ensuring data protection & compliance with industry regulations. They enable rapid development cycles by seamlessly integrating backend services like data storage, authentication, and push notifications, helping businesses stay agile in the dynamic digital environment.

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Key Findings in Cloud Mobile Backend-as-a-Service (BaaS) Market:

Historical Years	2019-2022
Base Years	2023
Forecast Years	2024-2030
Key Report Highlights	·         Market Dimensions & Projections ·         Pricing Evaluation, ·         Recent Strategic Moves by Companies, ·         Primary Stakeholders, ·         Analysis of Import and Export Trends, ·         Competitive Landscape Assessment, ·         Emerging Opportunities, ·         Market Trends and Indicators
Reports Delivery Format	Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

 

Cloud Mobile Backend-as-a-Service (BaaS) Market Key Players:

Google, Microsoft, AWS, Oracle, IBM, Mongo dB, Rackspace Technology, Progress Software, Temenos, Cloudflare, Twenty57, Oursky Limited, Contentful, Pragma, Heroku, and Others (Braincloud, Addon Solutions, etc.)

Market Segmentation Overview:

By Service Type

-Cloud Storage & Backup

-User Authentication & Authorization

-Database Management

-Push Notifications

-Others

By Platform

-Android

-IOS

-Others

By Organization Size

-Small & Medium Sized Enterprises

-Large Enterprises

During 2024-30, it is expected that Small & Medium-sized Enterprises (SMEs), would grab the potential share of the Cloud Mobile Backend-as-a-Service (BaaS) Market. By utilizing Cloud Mobile BaaS as a crucial element in delivering cost-effective & scalable solutions for app development, this segment is predicted to be one of the essential end-users contributing to enhancing the market size. Third-party providers are entrusted with backend infrastructure & service management responsibilities, allowing businesses to create innovative applications without complicated system administration processes.

The simplified access to data storage, user authentication, and push notifications enables companies across industries with smaller budgets to thrive while benefiting from pay-as-you-go licensing models within cloud services inherent in BaaS provision. Ultimately, this approach enhances customer engagement capabilities alongside operational efficiencies driving digital transformation throughout global SME sectors, promoting business growth through successful exploitation on an international scale at its core strategy level.

By Deployment Model

-Public Cloud

-Private Cloud

-Hybrid Cloud

By Application Type

-Mobile Apps

-Web Apps

By Vertical

-BFSI

-Telecommunications

-IT & ITes

-Retail & Consumer Goods

-Manufacturing

-Media & Entertainment

-Healthcare & Life Sciences

-Others

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By Region

North America

South America

Europe

The Middle East & Africa

Asia-Pacific

The Cloud Mobile Backend-as-a-Service (BaaS) Industry Recent Development:

2023: Oracle introduced fresh functionalities that empower application developers to rapidly construct and deploy applications on Oracle Cloud Infrastructure (OCI). These capabilities are specifically designed for cloud-native and Java programmers, granting them the ability to fabricate high-performing cloud-based apps at a reduced expense.

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