Mobile Application Development Platform Market - Forecast(2024 - 2030)
Mobile Application Development Platform Market Overview
Mobile Application Development Platform market is expected to reach $20.7 billion by 2025 at a CAGR of 21.7% during the forecast period 2020-2025. Organizations are increasingly adopting mobile technology for better management of their operational and business functions, which has created the need for the mobile application development platforms. The rising use of mobile devices by the organizations, growing adoption of bring your own device (BYOD) trend and adoption of cloud technology drive the mobile application development platform market. In addition, the need of automation in mobile application development and favorable government initiatives for digitalization in emerging countries are analyzed to drive the market in the forecast period 2020-2025.
Mobile Application Development Platform Market Report Coverage
The report: “Mobile Application Development Platform Market” – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the Mobile Application Development Platform market
By Deployment Model: On-Premises, Cloud
By Devices: Smart Watch and Bands, Mobile Phones, Tablets, e-readers, others
By Operating System Users: IOS, Android, Windows, others
By Organization Size: Small & Medium-Sized businesses, Large Enterprises
By Industry Vertical: BFSI, Healthcare, Retail, Transportation and Logistics, Media and Entertainment, Telecom and IT, Construction, Education, Manufacturing, Others
By Geography: North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe(Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, SK, Aus and Others), and RoW (Middle east and Africa)
Key Takeaways
- APAC dominated the market by a market share of more than 34.2% in 2019, owing to the escalating need for innovations and favorable government initiatives to catalyze digitalization in this region.
- Cloud deployment is growing at a highest CAGR of 24.5% in the forecast period owing to its operational flexibility and real-time deployment ease to companies than on-premises deployment.
- Growth of mobile application development platforms in the commercial sector is a key factor contributing to the growth of mobile application development.
- Mobile Application Development Platform top 10 companies include Adobe Systems, Inc., IBM Corporation, Kony, Salesforce.Com, SAP SE, Appcelerator, Inc., Backbase, MicroStrategy Inc., Apple, Inc., Intellectsoft LLC, Hewlett Packard Enterprise Company, Oracle Corporation, OutSystems, Inc., Red Hat, Inc., Sourcebits, Telerik,Inc., and Microsoft Corporation. among others.
Mobile Application Development Platform Market Segment Analysis - By Deployment Model
Cloud deployment is growing at a highest CAGR of 24.5% in the forecast period owing to its operational flexibility and real-time deployment ease to companies than on-premises deployment. It also offers numerous benefits, including reduced operational costs, simple deployment process, and higher scalability in terms of connected resources. Additionally, the cost-effective cloud-based solutions ease installation when compared to the on-premises solutions. The highest level of data security and reliability offered by the cloud deployment are increasing the share of this deployment in the forecast period. Several companies are providing solutions related to this deployment. For instance, mobile application development platform hosted on SAP HANA Cloud helps users and customers to develop and deploy enterprise mobile applications in a cloud environment without any hassle. Similarly, IBM has developed mobile application development platform with cloud technology. Hence these benefits are analysed to drive the market growth in the forecast period 2020-2025.
Mobile Application Development Platform Market Segment Analysis - By Organization Size
Small and medium-sized businesses are growing at a highest CAGR of 25.5% in the forecast period. App development for SMBs is on the rise as a business with a mobile app provides a lot of rapidity and convenience for its customers. Moreover, Mobile apps will play a pivotal role in maintaining loyalty of customers. In addition, managing customer loyalty is very necessary for the SMBs as they will be crucial in forming the initial base for them. Enterprise Mobile Application Development has gained attention with the increase in Small Medium Enterprises building their own native Mobile App Development. In addition, several companies are driving the Small businesses to invest in app development by campaigns, innovations and so on. In 2019, Appify launched a campaign to get small businesses investing in their mobile presence. Similarly, Major Companies such as IBM, Microsoft and so on investing heavily to attract SMEs to develop applications. Hence these advancements are analyzed to drive the market in the forecast period 2020-2025.
Mobile Application Development Platform Market Segment Analysis - By Geography
APAC dominated the market with a market share of more than 34.2% in 2019, owing to the escalating need for innovations and rising demand for advanced technologies. Moreover, emerging economies like China and India are the largest producers and consumers of cost-effective smartphones. Enterprise mobility in China is a major technology issue for several enterprises. In India, various firms are still reluctant to adopt cloud solutions due to security concerns. Additionally, the increasing affordability of smart devices has led to the proliferation of mobile enterprise development platform in the region, which is likely to drive this regional market in the next few years. Moreover, the favourable government initiatives to catalyze digitalization in the Asia Pacific and the rising number of startups is analysed to drive the demand for the market over the forecast period 2020-2025.
Mobile Application Development Platform Market Drivers
Emergence of Cloud Based Technology
Cloud technology will play a key role in mobile app development. With the upsurge in the usage of multiple mobile devices and wearable tech, app developers will have to focus on the ability to integrate and sync their apps on multiple devices. The cloud approach will enable developers to build their applications that can be accessed on multiple devices with same functions, features and data. In addition, by leveraging cloud technology, mobile app developers have the luxury of simultaneously launching their applications on various platforms, like IOS and Android, since the application will work equally well on both the platforms. In addition, Application developers will be working with a minimized workload, which makes implementation easier and more widespread. Hence these benefits of cloud technology makes the companies to invest in Application development platform in the forecast period 2020-2025.
Rising adoption of mobile devices in commercial sector is expected to drive the market
Growth of mobile application development platforms in the commercial sector is a key factor contributing to the growth of mobile application development. Commercial business makes use of smart phones that increase productivity, mobility and safety, and enable employees to advance customer service in order to maintain good communication with customers and suppliers. This further enables employees to work efficiently and remotely. Growth in mobile phone adoption in commercial sector also urges the need for mobile applications owing to the rising need of businesses. Therefore, the increasing mobile devices lead to the growth of mobile application development platform market.
Mobile Application Development Platform Market Challenges
Increasing cost and technical difficulties
Although Mobile Application development platform is growing at rapid phase. Increasing cost and technical difficulties in the mobile application development platform is restraining the growth of the market. Mobile application development is a complex process and needs a high level of technical expert to develop the application, even using the mobile application development platform. This technical difficulties in developing the apps are forcing the companies to invest in third party developers. Hence these increased investment and technical difficulties are analyzed to hamper the market growth in the forecast period 2020-2025.
Mobile Application Development Platform Market Landscape
Technology launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Mobile Application Development Platform market. In 2019, the market of Mobile Application Development Platform industry outlook has been fragmented by several companies. Mobile Application Development Platform top 10 companies include Adobe Systems, Inc., IBM Corporation, Kony, Salesforce.Com, SAP SE, Appcelerator, Inc., Backbase, MicroStrategy Inc., Apple, Inc., Intellectsoft LLC, Hewlett Packard Enterprise Company, Oracle Corporation, OutSystems, Inc., Red Hat, Inc., Sourcebits, Telerik,Inc., and Microsoft Corporation, among others.
Acquisitions/Technology Launches
In 2017, IBM Corporation launched MobileFirst Platform Foundation V8.0, which empowers organizations to take a radically simplified approach to building, managing, and updating their mobile apps.
1. Mobile Application Development Platform Market - Overview
1.1 Definitions and Scope
2. Mobile Application Development Platform Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Mobile Application Development Platform Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Mobile Application Development Platform Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Mobile Application Development Platform Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Mobile Application Development Platform Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Mobile Application Development Platform Market - Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Mobile Application Development Platform Market - By Deployment Type (Market Size -$Million / $Billion)
8.1 Cloud
8.2 On-Premises
9. Mobile Application Development Platform Market - By User Type (Market Size -$Million / $Billion)
9.1 SMBS
9.2 Large Enterprises
10. Mobile Application Development Platform - By Industry Vertical (Market Size -$Million / $Billion)
10.1 BFSI
10.2 Healthcare
10.3 Retail
10.4 Transportation and Logistics
10.5 Media and Entertainment
10.6 Telecom and It
10.7 Construction
10.8 Education
10.9 Manufacturing
10.10 Others
11. Mobile Application Development Platform- By Geography (Market Size -$Million / $Billion)
11.1 Mobile Application Development Platform Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Mobile Application Development Platform- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Mobile Application Development Platform- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Mobile Application Development Platform - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Mobile Application Development Platform - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Mobile Application Development Platform Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Mobile Application Development Platform Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Mobile Application Development Platform Market - Key Company List by Country Premium
15. Mobile Application Development Platform Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Appcelerator
15.3 Hewlett Packard
15.4 IBM Corporation
15.5 Kony
15.6 Microsoft Corporation
15.7 Microstrategy
15.8 Oracle Corporation
15.9 SAP AG
15.10 Salesforce.Com
15.11 Verivo Software
15.12 Company 12
15.13 Company 13 & More
*Financials would be provided on a best efforts basis for private companies
16. Mobile Application Development Platform Market - Appendix
16.1 Abbreviations
16.2 Sources
17. Mobile Application Development Platform Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends
LIST OF TABLES
LIST OF FIGURES
1.US Mobile Application Development Platform Market Revenue, 2023-2030 ($M)2.Canada Mobile Application Development Platform Market Revenue, 2023-2030 ($M)
3.Mexico Mobile Application Development Platform Market Revenue, 2023-2030 ($M)
4.Brazil Mobile Application Development Platform Market Revenue, 2023-2030 ($M)
5.Argentina Mobile Application Development Platform Market Revenue, 2023-2030 ($M)
6.Peru Mobile Application Development Platform Market Revenue, 2023-2030 ($M)
7.Colombia Mobile Application Development Platform Market Revenue, 2023-2030 ($M)
8.Chile Mobile Application Development Platform Market Revenue, 2023-2030 ($M)
9.Rest of South America Mobile Application Development Platform Market Revenue, 2023-2030 ($M)
10.UK Mobile Application Development Platform Market Revenue, 2023-2030 ($M)
11.Germany Mobile Application Development Platform Market Revenue, 2023-2030 ($M)
12.France Mobile Application Development Platform Market Revenue, 2023-2030 ($M)
13.Italy Mobile Application Development Platform Market Revenue, 2023-2030 ($M)
14.Spain Mobile Application Development Platform Market Revenue, 2023-2030 ($M)
15.Rest of Europe Mobile Application Development Platform Market Revenue, 2023-2030 ($M)
16.China Mobile Application Development Platform Market Revenue, 2023-2030 ($M)
17.India Mobile Application Development Platform Market Revenue, 2023-2030 ($M)
18.Japan Mobile Application Development Platform Market Revenue, 2023-2030 ($M)
19.South Korea Mobile Application Development Platform Market Revenue, 2023-2030 ($M)
20.South Africa Mobile Application Development Platform Market Revenue, 2023-2030 ($M)
21.North America Mobile Application Development Platform By Application
22.South America Mobile Application Development Platform By Application
23.Europe Mobile Application Development Platform By Application
24.APAC Mobile Application Development Platform By Application
25.MENA Mobile Application Development Platform By Application
26.SAP AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.IBM Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Oracle Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Kony, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Microsoft Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Verivo Software, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Salesforce.Com, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Appcelerator, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Hewlett Packard, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Microstrategy, Sales /Revenue, 2015-2018 ($Mn/$Bn)