London, 22 December 2014 – According to a new report from research firm TechNavio, the Global BaaS Market is expected to grow at a CAGR of 101.88 percent from 2015-2019.
The use of smart devices has grown exponentially in recent years, which has triggered demand for backend-as-a-service (BaaS) solutions. Organizations are investing in, and adopting, applications that are integrated with smartphones, which is expected to positively impact the Global BaaS Market.
About the Report
According to the latest report by TechNavio, BYOD policy is being taken up by many organizations, as it helps reduce infrastructure costs and provides more security to critical data.
“Organizations are encouraging their employees to use their own mobile devices, which can be linked to a cloud server and accessed at any point in time using a protected security code,” says Faisal Ghaus, Vice President of TechNavio.
“BaaS is a unique model that enables mobile and web application developers to store and link their applications to a backend cloud infrastructure. It’s different from cloud computing services such as SaaS, PaaS, and IaaS, as it uses custom SDKs and APIs, and provides various value-added features such as user management, usage analysis, and push campaigning or notifications. It also enables seamless integration with social media networks such as Facebook and Twitter.”
Key Information Covered in the Report:
Market segmentation, size and forecast through 2019
Market Growth Drivers:
- Increased Adoption of Cellphones and Smart Devices
- For a full detailed list, view our report.
Market Challenges:
- Increased Competition in Global Mobile Applications Market
- For a full detailed list, view our report.
Market Trends:
- Adoption of BYOD Policy
- For a full detailed list, view our report.
Key Vendors:
- Appcelerator Inc.
- Flurry Inc.
- Parse Inc. (Facebook)
- Rackspace Inc.
Other Prominent Vendors:
- AnyPresence
- CloudMine
- Exadel
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
