Cloud/Mobile Backend as a service (BaaS) Market to Hit 84.2% CAGR to 2020 Led by Data & Application Integration Services

Press Release

The worldwide market size is estimated to grow from USD 1.32 billion in 2015 to USD 28.10 billion by 2020, at an estimated 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.

Complete report on global cloud/mobile backend as a service (BaaS) market spread across 121 pages, profiling 10 companies and supported with 64 tables and 43 figures is now available at http://www.rnrmarketresearch.com/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-market-report.html .

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 micro services. 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, Any Presence, Cloud Mine, and others.

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.

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%)
• By Designation: C-level (35%), Director Level (25%) and other executives (40%)
• By Region: North America (45%), Europe (30%), Asia-Pacific (APAC) (20%), and RoW (5%).

The key vendors providing BaaS services are:

• Data Integration: Kony, Kinvey, CloudMine, IBM, and others.
• Identity and Access Management: Built.IO Backend, Oracle, AnyPresence, Appcelerator, and others.
• Usage Analytics: Kill Corporation, Kony, CloudMine, IBM, and others.
• Professional Service: Cloudmine, Kinvey, AnyPresence, Appcelerator, IBM, Oracle, and others.
• Support and Maintenance: Cloudine, Kony, IBM, Oracle, and others.

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The growth of mobile applications and increase in mobile game developers, and high adoption rate in the SMEs offers BaaS vendors tremendous opportunities in the next five years. As this model provides optimum usage of resources, the SMEs are utilizing its benefits as they only have to pay for the services procured. Moreover, due to the lack of advanced IT skills and infrastructure among SMEs, they prefer to adopt pay-as-you-go pricing model for reducing costs.

On a related note, another research on Hybrid Cloud Market Global Forecast to 2021 says, The hybrid cloud market is estimated to reach USD 91.74 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 22.5% from 2016 to 2021. The growing demand of organizations for agile, scalable, and cost effective cloud computing solutions is driving the market. Disaster recovery solution is expected to grow at a high CAGR during the forecast period. Asia-Pacific is expected to grow at the highest CAGR. Companies like Hewlett-Packard; Microsoft Corporation; IBM Corporation; Cisco Systems; Equinix, Inc.; Oracle Corporation; VMware, Inc., Citrix Systems, Inc.; Rackspace, Inc.; and Amazon Web Services, Inc. have been profiled in this 139 pages research report available at http://www.rnrmarketresearch.com/hybrid-cloud-market-by-delivery-models-saas-paas-iaas-by-cloud-management-cloud-bursting-cloud-orchestration-by-cloud-security-network-security-data-security-physical-security-global-adv-market-report.html .

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