The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Global Cloud Mobile Backend-as-a-Service (BaaS) Market Industry (2024-2030):

According to the latest report, the Global Cloud Mobile Backend-as-a-Service (BaaS) Market size was valued at USD 3.8 billion in 2023 and is estimated to grow at a CAGR of around 18.5% during the forecast period, i.e., 2024-30. The report demonstrates the prominent factors propelling the exponential growth of the Global Cloud Mobile Backend-as-a-Service (BaaS) Market.

Key Takeaways: Beneficial for Stakeholders and Clients

• Historic Period: 2019-2022
• Base year: 2023
• Forecast Years: 2024-2030
• CAGR (2024-30): 18.5%
• Market Value (2024): USD 3.8 Billion

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What are the major Driver the Global Cloud Mobile Backend-as-a-Service (BaaS) Market industry?

Increasing Need for Mobile App-oriented Economies Necessitates the Usage of Baas – 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.

Global Cloud Mobile Backend-as-a-Service (BaaS) Market Segmentation

The Global Cloud Mobile Backend-as-a-Service (BaaS) Market analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

• By Service Type
• Cloud Storage & Backup- Market Size & Forecast 2019-2030, (USD Million)
• User Authentication & Authorization- Market Size & Forecast 2019-2030, (USD Million)
• Database Management- Market Size & Forecast 2019-2030, (USD Million)
• Push Notifications- Market Size & Forecast 2019-2030, (USD Million)
• Others- Market Size & Forecast 2019-2030, (USD Million)
• By Platform
• Android- Market Size & Forecast 2019-2030, (USD Million)
• IOS- Market Size & Forecast 2019-2030, (USD Million)
• Others- Market Size & Forecast 2019-2030, (USD Million)
• By Organization Size
• Small & Medium Sized Enterprises- Market Size & Forecast 2019-2030, (USD Million)
• Large Enterprises- Market Size & Forecast 2019-2030, (USD Million)
• By Deployment Model
• Public Cloud- Market Size & Forecast 2019-2030, (USD Million)
• Private Cloud- Market Size & Forecast 2019-2030, (USD Million)
• Hybrid Cloud- Market Size & Forecast 2019-2030, (USD Million)
• By Application Type
• Mobile Apps- Market Size & Forecast 2019-2030, (USD Million)
• Web Apps- Market Size & Forecast 2019-2030, (USD Million)
• By Vertical
• BFSI- Market Size & Forecast 2019-2030, (USD Million)
• Telecommunications- Market Size & Forecast 2019-2030, (USD Million)
• IT & ITes- Market Size & Forecast 2019-2030, (USD Million)
• Retail & Consumer Goods- Market Size & Forecast 2019-2030, (USD Million)
• Manufacturing- Market Size & Forecast 2019-2030, (USD Million)
• Media & Entertainment- Market Size & Forecast 2019-2030, (USD Million)
• Healthcare & Life Sciences- Market Size & Forecast 2019-2030, (USD Million)
• Others- Market Size & Forecast 2019-2030, (USD Million)
• By Region
• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

As per the regional aspect, the Global Cloud Mobile Backend-as-a-Service (BaaS) Market is expected to be dominated by the North America by capturing the potential market share.  

Explore further details about this research report-

https://www.marknteladvisors.com/research-library/cloud-mobile-baas-market.html

Top Companies in the Global Cloud Mobile Backend-as-a-Service (BaaS) Market

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.)

Global Cloud Mobile Backend-as-a-Service (BaaS) Market- Recent Development:

• 2023: AWS introduced a novel feature, facilitating the creation of secure & scalable GraphQL interfaces on prevailing relational databases with AWS Cloud Development Kit (CDK). The user's database credentials are securely stowed as SecureString in the AWS Systems Manager Parameter Store, while the execution of SQL statements is taken care of by the newly developed AWS Amplify GraphQL API CDK.

• 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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