Polaris Market Research
Cloud Mobile Backend as a Service Market $23.29 B By 2032,CAGR 18.4%
Buy Now Request free Sample

Cloud Mobile Backend as a Service (BaaS) Market Size Worth $23.29 Billion By 2032 | CAGR: 18.4%


The global cloud mobile backend as a service (BaaS) market size is expected to reach USD 23.29 billion by 2032, according to a new study by Polaris Market Research. The report “Cloud Mobile Backend as a Service (BaaS) Market Share, Size, Trends, Industry Analysis Report, By Platform (Android, iOS And Others); By Enterprises: By Application; By Industry Vertical; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Cloud and Mobile Backend as a Service (BaaS) presents a cloud-based platform that furnishes fundamental infrastructure and services crucial for the development of mobile and web applications. This comprehensive solution encompasses functionalities such as database management, authentication, file storage, and APIs. BaaS streamlines the development workflow by minimizing the necessity for backend coding and infrastructure administration. This, in turn, empowers developers to concentrate on crafting feature-rich applications that seamlessly operate on both mobile and web platforms.

The surge in demand for cloud and mobile backend services is notable across small, medium, and large enterprises. Furthermore, the global increase in the adoption of mobile phones and smart devices further propels the need for these services.

Over the past few years, there has been a substantial rise in the adoption of smart devices. The proliferation of mobile devices, including smartphones, laptops, and wearables, has experienced a remarkable surge, primarily attributed to their mobility and enhanced functionalities. Forecasts indicate a continued expansion in the use of mobile devices, especially among individuals aged 18 to 40. The social media penetration rate on a regional basis, the increasing count of smartphone users in the world's most populous nations, the widespread adoption of cloud services and infrastructure, and the escalating global data traffic from smartphones are all witnessing exponential growth.

Do you have any questions? Would you like to request a sample or make an inquiry before purchasing this report? Simply click the link below: https://www.polarismarketresearch.com/industry-analysis/cloud-mobile-backend-as-a-service-baas-market/request-for-sample

With a heightened focus on delivering a seamless user experience, businesses are turning to Cloud BaaS to handle backend functionalities, enabling developers to concentrate on creating intuitive and user-friendly interfaces. Enterprises are undergoing digital transformation initiatives, and mobile applications play a crucial role in this process. Cloud BaaS services support enterprises in building and managing scalable and secure backend infrastructure for their mobile apps.

Cloud Mobile Backend as A Service (Baas) Market Report Highlights

  • In 2023, the BSFI segment accounted for the largest market share due to its increasing reliance on mobile banking applications and the emphasis on delivering seamless customer experiences driving the adoption of Cloud BaaS.
  • The cloud storage and backup segment is projected to grow at the fastest CAGR during the projected period. Cloud storage provides the flexibility and scalability needed to manage the surge in data volume. It offers global accessibility, enabling users to retrieve data from any location with an internet connection.
  • In 2023, North America accounted for the largest market due to the extensive utilization of smartphones and other mobile devices in North America is propelling the need for mobile applications. Cloud BaaS, offering essential backend support for mobile app development, gains advantages from the growing dependence on mobile technology in the region.
  • Asia Pacific is expected to witness the fastest CAGR during the forecast period due to increasing demands for mobiles and increasing online payments.
  • The global key market players include Kii, SAP, Kinvey, Amazon Web services, Google Cloud platform, Microsoft, Firebase, Parse, and others.

Polaris Market Research has segmented the cloud mobile backend as a service (BaaS) market report based on platform, enterprises size, application, industry vertical and region:

Cloud Mobile Backend as a Service (BaaS) Market, Platform Outlook (Revenue - USD Billion, 2019 - 2032)

  • Android
  • iOS
  • Others

Cloud Mobile Backend as a Service (BaaS) Market, Enterprises Size Outlook (Revenue - USD Billion, 2019 - 2032)

  • Small and medium-sized enterprises
  • Large enterprises

Cloud Mobile Backend as a Service (BaaS) Market, Application Outlook (Revenue - USD Billion, 2019 - 2032)

  • Cloud storage and backup
  • User authentication
  • Database management
  • Push notifications
  • Others

 

Cloud Mobile Backend as a Service (BaaS) Market, Industry Vertical Outlook (Revenue - USD Billion, 2019 - 2032)

  • BFSI
  • IT and ITeS
  • Manufacturing
  • Healthcare and pharmaceuticals
  • Retail and commerce media, entertainment
  • Gaming
  • Telecommunications
  • Others

Cloud Mobile Backend as a Service (BaaS) Market, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Rest of Asia Pacific
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
  • Rest of Middle East & Africa

Cloud Mobile Backend as a Service (BaaS) Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 6.04 billion

Revenue forecast in 2032

USD 23.29 billion

CAGR

18.4% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2024 to 2032

Segments covered

By Platform, By Enterprises Size, By Application, By Industry Vertical, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region and segmentation.

For Specific Research Requirements

Request for Customized Report

License and Pricing

Purchase Report Sections

  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
Request for Discount Pricing

Suggested Report

© 2024 Polaris Market Research and Consulting. All rights reserved

paypal