The global cloud mobile backend as a service market is anticipated to grow at a CAGR of 23.7% during the forecast period. The purpose of cloud mobile backend as a service platform is to provide app developers with a means to connect their frontend application with backend core features such as cloud computing, cloud storage, and APIs exposed by a backend application. The BFSI sub-segment is expected to hold a considerable share in the cloud mobile backend as a service market attributed to the increasing adoption of BaaS service along with the growing penetration of the Internet of Things. Many BFSI organizations have taken up cloud mobile Baas to improve the quality and scalability of their business. It has significantly helped the BFSI industry to reduce costs and increase profits.
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Moreover, the platform has helped in reducing the time taken to perform tasks along with improving the efficiency and productivity of various enterprises. For instance, the client of SCAND requested to develop an online digital banking platform (BaaS). SCAND implemented core banking functionality to develop mobile applications for iOS and Android. With a focus on security and system monitoring, the company built a solution ready for PCI-DSS (Payment Card Industry Data Security Standard) certification with the implementation of OWASP/CWE/NIST recommendations.
Global Cloud Mobile Backend as a Service Market Report Segment
By Platform
- Android
- iOS
- Others
By Application
- Cloud Storage & Backup
- User Authentication
- Database Management
- Push Notifications
- Usage Analytics
- Others
By End-Users
- BFSI
- IT & Telecommunication
- Healthcare
- Retail & E-Commerce
- Media & Entertainment
- Others
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Cloud Mobile Backend as a Service Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- 8base, Inc.
- Amazon Web Services, Inc.
- Axway, Inc.
- Baasbox Srl
- Back4App, Inc.
- Backendless Corp.
- Couchbase, Inc.
- ESDS Software Solution Ltd.
- Exadel, Inc.
- Google Llc
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