(MENAFN- GetNews) Mobile Application Development platform (MADP) market is expected to generate a market value of USD 14 billion by 2023 growing at a 22% CAGR during the forecast period 2018-2023 Market Highlights:
Market Research Future (MRFR) has announced a new release on the global mobile application development platform market. The report analyzes the global mobile application development platform market from all angles and presents readers with a clear picture of the market's growth trajectory over the forecast period. The key drivers and restraints affecting the mobile application development platform market's growth are assessed in detail in the report along with the macroeconomic and microeconomic factors affecting the market's movement.
The Mobile Application Development Platform Market acts as a conduit between clients and servers. Through a mobile application development platform, mobile applications can be built, deployed, and managed with ease. It acts as a convenient interface between the client management server and backend infrastructure, providing high visibility and control over the entire network. Using a mobile application development platform allows enterprises to deliver a better user experience to their clients. The rapid growth in the technological landscape behind the mobile application development platform market and its growing deployment in the communication industry are the major drivers for the global mobile application development platform market.
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Competitive Analysis:
Leading players in the global mobile application development platform market include Kony Inc., EchoStar Corporation, IBM Corporation, Progress Software Corporation, Halosys, Salesforce.com Inc., Oracle Corporation, ViaSat Inc., and Globo.
Segmental Analysis:
The global mobile application development platform market is segmented on the basis of deployment, end user, and vertical.
By deployment, the global mobile application development platform market is segmented into cloud and on-premise. The cloud deployment segment is further divided into public, private, and hybrid cloud deployment. By end user, the mobile application development platform market is segmented into SBUs and large enterprises. By vertical, the mobile application development platform market is segmented into healthcare, retail, transportation and logistics, and telecommunications. Browse Full PR Details @ https://www.marketresearchfuture.com/press-release/mobile-application-development-platform-industry
Regional Analysis:
The global mobile application development platform market is segmented into North America, Europe, Asia Pacific, and rest of the world. Asia Pacific is likely to be the major contributor to the global mobile application development platform market over the forecast period due to the widespread use of mobile technology, growing availability of low-cost smartphones and tablets, and increasing foreign investment in the region's rapidly developing economies. The growing availability of smartphones and tablets at low costs in Asia Pacific has led to mobile apps becoming a highly important and rapidly evolving market. This has led to strong growth prospects for the mobile application development platform market in Asia Pacific.
North America is also likely to remain one of the dominant contributors to the global mobile application development platform market over the forecast period due to the supportive business environment for mobile application development. North America is a prime market for premium smartphones and accordingly, several app developers have also based their HQ in North America. The growing smartphone market in North America is likely to be a major driver for the mobile application development platform market in the region, as the presence of smartphone industry giants has catalyzed the rapid development of the entire environment of mobile phones. Europe is also likely to remain a key contributor in the global mobile application development platform market in the coming years.
Industry Developments:
The mobile startup, Virtual Artifacts, has used Oracle Cloud for the launch of its social network for mobile applications- Hibe Mobile Application Network (Hibe). Creolabs, which develops native mobile applications, has launched new mobile application development platform for MacOS named Creo. Browse Full Report Details @ https://www.marketresearchfuture.com/reports/mobile-application-development-platform-market-1419 Brief Table of content
1. Report Prologue
2. Mobile Application Development Platform Market: Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
2.3 Market Structure
2.4 Market Segmentation
Continue….
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