Mobile Application Development Platform Market 2018 Global Size, Growth, Segments, Key Leaders, Regional Study and Trends by Forecast to 2022


(MENAFNEditorial) Mobile application development platform Market on Market Information, by Deployment (Cloud (Public, Private, Hybrid), On Premises), by End User (SBUs and Large Business Units), by Verticals (Healthcare, Retail, Transportation, Logistic, Telecom) - Forecast 2016-2022 Mobile Application Development Platform Market Overview:

The mobile app development space has grown significantly in the past few years owing to increased smartphone usage in today's population pool. Market Research Future which focusses on market reports associated to information and communication sector amongst others lately made available a report on this sector. The industry is expected to showcase high growth volumes in the forecast period due to encouraging CAGR Rates and revenues earned.

As the space for mobile apps is becoming increasingly concentrated, the new mobile application development platforms enable faster creation of apps that can be then deployed into the market. As mobile apps can be tested and grown with a relatively high level of ease the rate of adoptions for these platforms is gradually rising. The increasing ease of use of mobile apps has prompted them to be adapted for different functions in the consumer's daily lifestyle. As the importance of mobile development platforms increase day by day, especially in the case of enterprises, the market is projected to see fulfilling growth in the forecast period.

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Major Key Players:

The global competitors in the sector are Oracle Corporation (U.S.), Globo (U.S.), EchoStar Corporation (U.S.), Kony Inc.(U.S.), Progress Software Corporation (Germany), ViaSat Inc. (U.S.) and IBM Corporation (U.S.).

Detailed Regional Analysis

The region wise analysis of the market includes regions such as Europe, Asia Pacific, North America and the rest of the world. The Asia Pacific region is controlling the sector for development platforms for mobile applications with the market share increasingly steadily. Owing to high availability of relatively cheap tablets and smartphones coupled with an emerging trend of using digital technology in regions such as India and China fuelled by the increasing foreign investments.

The region thereby accounts for considerable millions and is anticipated to develop over expectations in the forecast period. Meanwhile, the mobile application development platform sectorinthe North-American market is projected to expand at an encouraging CAGR per cent as compared to the CAGR per cent in 2016while also simultaneously amassing significant revenues in the forecast period. The European region for the cloud gaming marketis estimated to grow at a compelling CAGR in the forecast period.

Industry Segments:

The industry for Mobile Application Development Platform Market has been segregated into the categories of vertical, end user and deployment.

  • On the basis of Deployment: Cloud (Private, Public and Hybrid), On Premises
  • On the basis of End User: Large Enterprises and SBU's
  • On the basis of Verticals: Telecom, Retail, Healthcare, Transportation and Logistics among Others
  • Global Competitive Analysis

    The merchandise that are being provided presently vary greatly because of the rationale of the robust pace of technological discoveries. This consequence is productive for companies so they can aim to maintain their commercial enterprise's liquidity to take the most effective decisions in terms of strategy execution and designing. The profitable situations accessible in this market are being utilized by candidates who are trying to increase their market coverage by focused development which can encourage the expansion of this business sector. The businesses in this trade area are combining their resources to attain their vision for achieving a substantial portion of the business as early as possible. This has raised the possibilities for the approaching growth period significantly.

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    Industry Updates:

    Feb 2018 Kony, Inc., which has established its reputation as an important industry apps provider and low-code platform for speeding up digital transformation, recently announced it has been designated by Partners Federal Credit Union (FCU) as a strategic partner for its 'Digital 2x initiative. The Partners FCU 'Digital 2x initiative concentrates on fast-tracking the provision of new digital banking facilities and providing a distinguished digital experience to better meet member expectations. Kony is a familiar leader in the enterprise mobility space. Lately, Kony was also titled the only Leader in theGartner Magic Quadrant for Mobile App Development Platforms Reportfor five consecutive years.

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