The global mobile application development platform market had a growth rate of around 25% in 2015 and is expected to surpass 28% by 2020, says Technavio.
Technavio has announced its latest market research report on global mobile application development platform market to its IT professional services portfolio. This market analysis discusses the major drivers and key emerging trends that will influence the growth of the global mobile application development platform market during the forecast period. Some of the top vendors listed in this industry analysis include Adobe Systems, IBM, Kony, Salesforce, and SAP.
In terms of geographical analysis, the Americas will be the largest region in the global market, accounting for over 53% of the total market share in 2015. Chile and Brazil are the emerging countries in this region.
“MBaaS solutions are back-end services implemented through cloud computing
IT deployment models that enhance business performances. These services aid in building and installing enterprises applications to store enterprise data. The emergence of location-based services, beacon technologies, and IoT require efficient enterprises back-end systems and MBaaS solutions helps provide that to organizations,” says Amit Sharma, a lead analyst at Technavio for research on IT professional services.
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The new industry research report from Technavio analyzes some of the key drivers and trends responsible for the growth of this market and its sub-segments.
Need to automate application development process
IT solutions like MBaaS services help create back-end systems in the client-server communication processes and offers solutions that exempt complex coding in servers. These systems reduce development time of applications, improves front-end tasks helping in design and development of content, and enhances user interface design for a better user experience. The own applications reduce complexity in business application development and allow unitary development of both front-end mobile clients and back-end server-side programs. These platforms allow developers to establish security, user rights, and provisioning as per business requirements. It also allows end-users options for easy storage and retrieval of user information across different platforms and devices. Cloud-based APIs help developers reduce development time reducing the efforts for coding from scratch.
Increased use of agile application development methodologies
Innovative software development methodologies and tools like DevOps and IDE solutions is implemented by organizations to enhance the quality of applications. These systems provide solutions to help developers to code software programs efficiently and boost the quality of the coding process. Mobile application development solutions remove bugs and errors in software codes. Automated tools use software code to design software applications and software designs that are configured according to developer’s project requirements. The development process through DevOps tools reduces the time to write code, test, run, and deploy mobile applications.
Speed up time-to-market through shorter application development cycle
The developers are designing innovative enterprise mobile applications build and run mobile applications quickly as business requirements. The developers are collaborating and integrating with other IT companies to build applications faster. The solutions offer automated editing and debugging tools that reduce the time to detect and fix errors in code. The systems are providing a software development ecosystem where programmers can exchange information related to the project development processes and connect programmers with their project managers to deliver projects on time.
Increase in adoption of mobile phones and smart devices
The increasing use of mobile phones and smart devices is resulting in organizations to introduce applicant tracking software integrated with smartphones. Mobile phones and tablets are launched with modified services such as location-based mobile technology. The technology includes processes like integration with service infrastructures, integration with customer data, privacy and security policy, and creates access to information in real time. The developers with the help of mobile application development solutions save time, costs, and the complex processes involved in application development.
The other prominent vendors identified in this report are Appcelerator, Backbase, Globo, Intellectsoft, Microsoft, Oracle, OutSystems, Red Hat, Sourcebits, and Telerik.
This research report includes an in-depth analysis and market shares and sizes of the sub-segments and geography. It provides a comprehensive analysis of the key companies, including their market shares, business overview, key financials, etc. The market study also offers a detailed analysis of key drivers, challenges, and opportunities influencing this market.
A more detailed analysis is available in the Technavio report titled, ‘Global Mobile Application Development Platform Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Application Development and Integration Market 2016-2020
- Global Mobile M2M Module Market 2016-2020
- Global Mobile Application Market 2015-2019
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