Topnewspro.com The “Global Mobile Application Development Platform Market” report has been added by Logic Research and Solutions.
The mobile application development platform (MADP) software is designed to rapidly build, test, and deploy enterprise and consumer mobile applications in order to smoothly manage operation and business processes. The rising penetration rate of mobile phones and smart devices have created a huge demand for advanced and specific mobile application development platforms. The growing adoption of BYOD and BYOA technologies across many SMBs and large enterprises is one of the major growth factor for MADP market.
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Global Mobile Application Development Platform Market
The Mobile Application development platform offers various benefits the users such as fast and collaborative application development, unparallel flexibility; reduced infrastructure cost & complexity while improving speed of application delivery. The rising adoption of mobile application development platform solutions in various industry verticals such as BFSI, Healthcare, Retail, and Telecom & IT among others is also supporting the MADP market.
Many global players such as IBM Corporation, SAP SE, and Adobe Systems among others are offering mobile application development platform in order to ensure better user engagement and experience.
According to the MRZ analyst –“The Mobile application development platform Market is expected to reach $ 8 Billion at a CAGR of 28.3% by 2021.
However, the high complexity of the back-end process and few security related concerns might affect Mobile application development platform Market.
Segmentation of Mobile application development platform Market:
The Enterprise Application Integration Market has been segmented into three major categories that include deployment Type, End-User and Industry. The deployment segmentation includes on-premise and on-cloud. The End-User includes Small & Medium Business, Large enterprises. The Verticals are BFSI, Manufacturing, Healthcare, Transportation and Logistics, IT & telecom, Construction, Retail & wholesale and education among others. The Mobile application development platform Market has been further segmented geographical into four regions that include north –America, Europe, Asia-pacific and Rest of the world.
The major key players in Mobile application development platform Market include- Adobe Systems, Inc. (U.S.), Kony, Inc. (U.S.), Salesforce.com (U.S.), SAP SE (Germany), Appcelerator Inc. (U.S.), IBM Corporation (U.S.), Red Hat, Inc. (U.S.), Microsoft Corporation (U.S.), Oracle Corporation (U.S.), Intellectsoft US (U.S.), Progress Software Corporation (U.S.), BACKBASE (Netherland), and SOURCEBITS (U.S.) among others.
Global Mobile Application Development Platform Market Trends
According to the report, North America is dominating the market of Mobile application development platform Market due to the technological advancement in IT infrastructure environment and rising adoption of BYOD policies. In North-America, U.S. holds the largest market share due to presence of major key players in this region. Europe is expected is also showing healthy growth due to huge investment by business enterprises in middleware software. The Asia-pacific market is expected to generate highest revenue due to increasing number of mobile device users in countries such as China and India.
Buy the Report to Know –
- What will the market size and growth rate up to 2021?
- What are the major driving and restraining factors to market growth?
- What are the key market trends impacting the growth of this market?
- What are the challenges and opportunities to market growth?
- Who are key vendors in this market?
- What are the market opportunities and threats faced by the key vendors?