Mobile Application Development Platform Market Overview, Competitive Landscape And Forecast 2027
A New Study Title “Mobile Application Development Platform Market Size, Status And Forecast 2027” Has Been Featured On Market Research Future.
A new type of software that allows the business users to rapidly build, perhaps deploy and test the mobile applications for tablets and smartphones is generally known by Mobile Application Development Platform (MADP). A mobile application development platform is a platform where a group of services and products allows the user in fast and easy developments of applications in mobile. It saves a lot of time for the top management. Not only this, but some extra benefit also that businesses got is that they can either build their mobile application development platform or in case of a large investment in building owning mobile application development platform they can simply buy it from third-party vendors. This feature includes front-end development tools for application programming interfaces (APIs).
With the growth of advanced technology and the recent developments in the mobile application development platform market, the global application development platform market is expected to generate a market value of USD 14 billion by 2023 growing at a 22% CAGR during the forecast period 2020-2027
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Key players :
The major key players of the Mobile Application Development Platform Market across the globe are as follows:
- Kony Inc. (U.S.)
- Globo (U.S.)
- EchoStar Corporation (U.S.)
- ViaSat Inc. (U.S.)
- IBM Corporation (U.S.)
- Oracle Corporation (U.S.)
- Progress Software Corporation (Germany)
- com Inc. (U.S.)
- Halosys (U.S.)
These are the major key players who are driving the mobile application development platform market all over the globe. They use the mobile application development platform very frequently and also lends their services to third-party vendors.
The mobile application development platform market is segmented into various units based on deployment, organization size, verticals, and regions.
Based on deployment type
Mobile Application Development Platform Market is bifurcated based on deployment type into cloud-based and on-premises.
Based on organization size
Mobile Application Development Platform Market is bifurcated based on organization size into a small and medium-sized enterprise and large-size enterprise.
Based on verticals
The mobile application development platform is segmented based on verticals into healthcare, transportation, and logistics, BFSI, education, media, and entertainment.
Based on region
Mobile Application Development Platform Market is segmented based on region into North America, Asia-Pacific, Europe, and the rest of the world.
In the mobile application development platform, the Asia-Pacific region is expected to dominate the global market. The high availability of low-cost tablets and smartphones has led this Asia-Pacific region to dominate the global market. Not only this, the increasing use of digital gadgets in countries like China and India are also responsible for the growth of the mobile application development market in the global market share.
During the forecast period from 2019 to 2023, it is expected that North America will show a higher growth rate owing to the presence of major key players in the mobile application development global market. Europe is also not much behind these regions. Countries like Italy and Germany are spending a huge amount in the middleware software market which is driving the growth of the mobile application development platform market all over the world. Not only these regions but Latin America and Middle East Africa also show a growth rate at a slow pace due to the non-availability of adequate resources.
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