Cloud Mobile Backend as a Service (BaaS) Market Insights by Emerging Trends, Growth Forecast With Revenue Analysis

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.

The Cloud mobile BaaS market size is 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. The demand for Cloud mobile BaaS is driven by the Growing mobile app-driven economies demand BaaS, Increasing adoption of mobile devices, and BaaS helps developers concentrate on the frontend for faster development and deployment.

User Authentication segment to growth with higher CAGR during forecast period
the application segment has been segmented into Cloud storage and Backup, User authentication, Database Management, Push Notifications, and Others (social integration, geographic location, testing, communications, predictions, usage analytics, mobile backend game service, and professional services). The user authentication application is expected to grow at the highest CAGR during the forecast period. User authentication application of the cloud mobile BaaS enables the registration and validation of the users. The validation of the users can be done using the username and password, and social login, on biometric device verification, and One Time Password (OTP) on mobile/email.

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The Final Report will cover the impact analysis of COVID-19 on this industry: Cloud Mobile Backend as a Service (BaaS) Market Insights by Emerging Trends, Growth Forecast With Revenue Analysis – Global Forecast to 2025

By vertical, BFSI vertical to register the largest market size during the forecast period
The cloud mobile BaaS market has been segmented into the following verticals, such as BFSI; IT and ITeS; manufacturing; healthcare and pharmaceuticals; retail and eCommerce; media, entertainment, and gaming; telecommunications; and others (transportation and logistics, travel and hospitality, energy and utilities, and government and public sector). In the BFSI sector, it has enabled the banking sector to revolutionize its offerings by introducing new ways to make payments. Cloud services help banks to lower banking costs and improve operations. With the increasing adoption of the cloud, the demand for BaaS services is also growing.

Asia Pacific (APAC) to register the highest growth rate during the forecast period
The APAC Cloud mobile BaaS market is experiencing slashing IT budgets and the growing IT infrastructures across organizations, which is encouraging the organizations in the region to adopt Cloud mobile BaaS solutions for streamlining their lease processes. The major countries to witness high growth rates in this region include Japan and China among others.

• By Company Type: Tier 1 – 33%, Tier 2 – 25%, and Tier 3 – 42%
• By Designation: C-level executives– 31%, Director Level – 34%, and Others – 35%
• By Region: North America – 42%, Europe – 28%, APAC – 22%, and RoW – 8%

Research Coverage
The market study covers the Cloud mobile BaaS market size across segments. It aims at estimating the market size and the growth potential of the market across segments by type, deployment mode, enterrpise size, end user, vertical, and region. The study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall Cloud mobile BaaS market and its subsegments. The report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

TABLE OF CONTENT

1 INTRODUCTION 19
1.1 INTRODUCTION TO COVID-19 19
1.2 COVID-19 HEALTH ASSESSMENT 19
FIGURE 1 COVID-19: GLOBAL PROPAGATION 19
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES 20
1.3 COVID-19 ECONOMIC ASSESSMENT 21
FIGURE 3 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020 21
1.3.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT 22
FIGURE 4 CRITERIA IMPACTING GLOBAL ECONOMY 22
FIGURE 5 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY 23
1.4 STUDY OBJECTIVES 24
1.5 MARKET DEFINITION 24
1.5.1 INCLUSIONS AND EXCLUSIONS 25
1.6 MARKET SCOPE 25
1.6.1 MARKET SEGMENTATION 26
1.6.2 REGIONS COVERED 26
1.6.3 YEARS CONSIDERED 27
1.7 CURRENCY 27
TABLE 1 USD EXCHANGE RATE, 2017–2019 27
1.8 STAKEHOLDERS 28
1.9 SUMMARY OF CHANGES 28

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