The latest research report [115+] pages with 360-degree visibility, titled “Cloud Mobile Backend as a Service (BaaS) Market Share, Size, Trends, Industry Analysis Report, By Platform (Android, iOS and others); By Enterprises Size; By Application, By Industry Vertical; By Region; Segment Forecast, 2024- 2032" published by Polaris Market Research in its research repository.
The global cloud mobile backend as a service (BaaS) market size and share is currently valued at USD 5.11 billion in 2023. It is anticipated to generate an estimated revenue of USD 23.29 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 18.4% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024-2032.
Market Definition
- What is Mobile Backend as a Service? How Big is Cloud Mobile Backend-as-a-Service (BaaS) Market Size & Share?
A crucial resource for creators of web applications, as well as mobile applications, is mobile backend as a service, or MBaaS. It offers a way to link those applications to cloud storage in addition to providing APIs for further features and capabilities. It also offers the ability to manage users, provide push notifications for apps and much more. Instead of MBaaS, it is occasionally referred to as backend as a service or BaaS.