Enterprise Mobile Application Development Platform Market Analysis, Segments, Key Players, Drivers, Trends, and Forecast 2020– 2027
Enterprise Mobile
Application Development Platform Market Highlights:
Market Analysis In its research study, Market
Research Future (MRFR), emphasizes that over the forecast period, the global
market 2020 is expected to rise exponentially, achieving a significant market
value of USD 14 billion and a healthy CAGR of 28% over the review period.
Two major factors driving market growth are
rising demand for mobile apps and growing popularity of the mobile application
development platform. Growing information about better application management
on different platforms is also boosting market growth. The global mobile
application development platform market for enterprises is expected to
experience rapid growth over the forecast period. Increasing the proliferation
of cloud-based technology is a significant factor driving market growth. In
addition, growing demand for Enterprise Mobile Application Development Platform Market across various vertical industries such as
healthcare, BFSI, retail, manufacturing, and IT & Telecommunications is
driving global market growth. Because of the dramatic decline in the usage of
native applications and a significant move towards worldwide adoption of mobile
apps, the market is expected to show tremendous growth in the future.
Competitive Analysis:
The major market players operating in the
global market as identified by MRFR are Adobe Systems, Inc. (U.S.), IBM
Corporation (U.S.), Apple, Inc. (U.S.), Salesforce., Inc. (U.S.), Oracle
Corporation (U.S.), SAP SE (Germany), MobileIron, Inc. (U.S.), Microsoft
Corporation (U.S.), Red Hat, Inc. (U.S.), and IntellectSoft (U.S.).
Segmental Analysis
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Segmentations:
The mobile application development platform
market for global enterprises is segmented by implementation, end user, and
vertical. The market is segmented into both cloud-based and on-premise based on
deployment. The industry is segmented into small and medium-sized companies and
large enterprises, based on end consumer.
Small and medium-sized businesses along with
large enterprises are rapidly embracing the platforms for mobile application
creation to promote data sharing and help to accelerate the overall business
processes. Whereas the market is segmented into BFSI, healthcare,
manufacturing, retail, IT, telecommunication and others based on verticalBFSI,
healthcare, manufacturing, retail, and IT and telecommunications further define
the vertical group. BFSI segment, however, is expected to hold the biggest
market share due to the growing demand for application development tools needed
by banking services to build native applications.
Regional Review:
The global business regional overview was
performed in four major regions including Asia Pacific, North America, Europe
and the rest of the world.
North America was expected to account for the
largest market share, while Europe is projected to rise at the fastest rate
during the review period. Demand growth in North America is due to
technological advancements and increased company acceptance of mobile devices
through growing vertical divisions of industry. The U.S. and Canada dominate
the North America market because of growing technical advancements and increasing
penetration of the region's mobile device platforms. The area also has a
well-established network allowing for faster implementation of advanced
technologies. However, the rising demand among companies for commercial mobile
devices is driving the growth of the region's enterprise mobile application
development platform market.
During the forecast era, Asia Pacific is
expected to experience a relatively faster adoption at the highest CAGR in the
global enterprise mobile application development platform market as compared to
other regions due to better application management on various platforms in the
enterprises. The
major factors responsible for the growth of the enterprise mobile application
development platform market are the growing need for innovations and
advancements in the technology.
Table of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope
of Study
1.2.1 Research
objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market
Structure
2 Research Methodology
2.1 Research
Type
2.2 Primary
Research
2.3 Secondary
Research
2.4 Forecast
Model
2.4.1 Market
Data Collection, Analysis & Forecast
2.4.2 Market
Size Estimation
Continued…
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List of Tables
Table1Enterprise Mobile Application
Development Platform Market, By Deployment
Table 2Enterprise Mobile Application
Development Platform Market, By End User
Table 3Enterprise Mobile Application
Development Platform Market, By Vertical
Continued…
List of Figures
Figure 1 Research Type
Figure 2 Enterprise Mobile Application
Development Platform Market, By Deployment
Figure 3 Enterprise Mobile Application
Development Platform Market, By End User
Continued…
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