Just Published: "Cloud/Mobile Backend as a Service (BaaS) Market - Global Forecast to 2020"

From: Fast Market Research, Inc.
Published: Mon Feb 22 2016

Cloud/Mobile Backend as a Service (BaaS) Market by Service Type (Data and Application Integration, Identity and Access Management, Usage Analytics, Professional Service , and Support and Maintenance Service) - Global Forecast to 2020

"The increasing adoption of smartphones is a major factor driving the growth of the Backend as a Service (BaaS) market"

The market size is estimated to grow from USD 1.32 billion in 2015 to USD 28.10 billion by 2020, at an estimated Compound Annual Growth Rate (CAGR) of 84.2%. The BaaS market is driven by factors such as increased adoption of cloud-based applications and smart phones, and demand for rapid deployment and development.

"Data and application integration service segment to gain maximum traction during the forecast period"

Full Report Details at
- http://www.fastmr.com/prod/1119205_cloudmobile_backend_as.aspx?afid=301

The data integration service type comprises enterprise integration services, data and file storage, and SaaS integrations. The data is stored on cloud in an encrypted form for security concerns. This service type enables the IT staff to connect the enterprise systems through single data and identity microservices. The data integration services type also manages the data as it includes hosting services where users can store, alter, update, delete, and upload any type of content. The key players offering data integration services types are Applicasa, AnyPresence, CloudMine, and others.

"Support, training, and maintenance services to have high growth rate during the forecast period"

Online support, live chat, other real-time support options, and community portals are established where clients can exchange ideas with people of other organizations. Support, training and maintenance services segment provides customer-support abilities to the industry verticals in case of security threats and privacy breaches. Companies actively provide online training resources such as user guides, blog articles, white papers, video instructions, and forums to their clients.

"Asia-Pacific (APAC) is expected to grow at a high CAGR among regions during the forecast period"

APAC is an emerging market and is expected to grow at the highest CAGR in the regional segment during the forecast period. This is due to the tremendous opportunities that exist in the APAC countries such as China, Japan, Australia, and others. North America is expected to have the largest market share compared with other regions across the globe. One of the factors contributing to the growth of the market in North America is the presence of major BaaS companies in the region.

In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key people. Break-up of profile of primary participants is as follows:

* By Company Type: Tier 1 (45%), Tier 2 (35%) and Tier 3 (20%)

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