Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 10.17 Billion | USD 59.29 Billion | 21.64% | 2023 |
The global Mobile Application Development Platform market size was worth around USD 10.17 billion in 2023 and is predicted to grow to around USD 59.29 billion by 2032 with a compound annual growth rate (CAGR) of roughly 21.64% between 2024 and 2032.
The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the Mobile Application Development Platform market on a global and regional level.
The mobile application development platform is also referred to as a mobile enterprise application platform. It is an open and highly agile platform that allows easy and quick development of mobile applications, such as designing, testing, and deploying mobile applications on smartphones, tablets, desktops, and wearables. The platform includes a mobile middleware server and mobile client application, which handles data through communication, scalability, security, system integrations, and cross-platform support.
The global mobile application development platform market is preliminarily driven by the rising trend of Bring Your Own Device (BYOD), Bring Your Own Access (BYOA), and enterprise mobility. Enterprises across the globe are focused on increasing their mobile capabilities and creating agile platforms. Moreover, an important element in the adoption of mobility process is the platform that hosts the mobile application. Programs like BYOD and BYOA enable the enterprises to utilize all types of mobile devices, such as Android, iPhones, and Windows, for their mobile applications. However, technical difficulties and the rising cost of mobile application development platform solutions may hinder the mobile application development platform market. The mobile application development is an advanced process that demands a high level of technical expertise for its development, which leads the organizations to choose third-party developers, thereby hampering the market.
The study provides a crucial view of the mobile application development platform by segmenting the market based on deployment, application, vertical, and region. All the segments of the mobile application development platform market have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
The deployment segment includes cloud and on-premises.
The application segment is divided into database and cloud security, email security, network security, web security, and others.
By vertical, the market includes BFSI, education, healthcare, manufacturing, media and entertainment, retail, telecom and IT, travel and hospitality, transportation and logistics, and others.
Report Attributes | Report Details |
---|---|
Report Name | Mobile Application Development Platform Market |
Market Size in 2023 | USD 10.17 Billion |
Market Forecast in 2032 | USD 59.29 Billion |
Growth Rate | CAGR of 21.64% |
Number of Pages | 138 |
Key Companies Covered | Adobe Systems, Inc., Apple, Inc., Appcelerator Inc., Hewlett Packard, IBM Corporation, Kony Inc., Microstrategy, Microsoft Corporation, Oracle Corporation, OutSystems, Inc., Red Hat, Inc., Salesforce.Com Inc., SAP AG, and Verivo Software Inc |
Segments Covered | By Product Type, By Application, By End User and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The regional segment comprises the Middle East and Africa, North America, Asia Pacific, Latin America, and Europe with further classification into the U.S., Canada, Mexico, UK, France, Germany, Italy, Spain, China, Japan, India, Australia, South Korea, Brazil, Argentina, UAE, Saudi Arabia, and South Africa.
Regionally, North America is expected to hold a substantial share of the global mobile application development platform market in the future, owing to the presence of giant market players. The Asia Pacific mobile application development platform market is predicted to depict the highest growth rate over the forecast time period, due to the growing inclination of mobile application development platform solutions among small- and medium-sized enterprises and the rising use of digital technology in China and India.
Some noticeable players of the global mobile application development platform market are:
Global Mobile Application Development Platform Market: Deployment Analysis
Global Mobile Application Development Platform Market: Application Analysis
Global Mobile Application Development Platform Market: Vertical Analysis
Global Mobile Application Development Platform Market: Regional Analysis
FrequentlyAsked Questions
The mobile application development platform is also referred to as a mobile enterprise application platform. It is an open and highly agile platform that allows easy and quick development of mobile applications, such as designing, testing, and deploying mobile applications on smartphones, tablets, desktops, and wearables.
According to study, the Mobile Application Development Platform Market size was worth around USD 10.17 billion in 2023 and is predicted to grow to around USD 59.29 billion by 2032.
The CAGR value of Mobile Application Development Platform Market is expected to be around 21.64% during 2024-2032.
North America has been leading the Mobile Application Development Platform Market and is anticipated to continue on the dominant position in the years to come.
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