Enterprise Mobile Application Development Platform Market:Sales Revenue, Future Demands, Growing CAGR of 28%, Emerging Trends

The MarketWatch News Department was not involved in the creation of this content. Sep 11, 2020 (AmericaNewsHour) — Enterprise Mobile Application Development Platform Market: By Deployment (Cloud, On Premise), End User (SMBs, Large Enterprises), Vertical (BFSI, Healthcare, Manufacturing, Retail, IT & Telecommunication) – Global Forecast till 2023 Market Scenario: Enterprise […]

The MarketWatch News Department was not involved in the creation of this content.

Sep 11, 2020 (AmericaNewsHour) —
Enterprise Mobile Application Development Platform Market: By Deployment (Cloud, On Premise), End User (SMBs, Large Enterprises), Vertical (BFSI, Healthcare, Manufacturing, Retail, IT & Telecommunication) – Global Forecast till 2023

Market Scenario:

Enterprise mobile application development platform refers to development of mobile applications on cross platform or same platform with a certain sets of tools, products, and services. It serves as a long term approach to deploy mobility. It supports more than one mobile devices and operating systems.  This platform easily provides cross platform integration, which, in turn, make transactions secure and faster.

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Technology giants such as Adobe Systems, Inc., IBM, Salesforce Inc., SAP SE, Apple Inc., MobileIron, Inc. and Microsoft Corporation are some of the major players in the enterprise mobile application development platform market. MobileIron provides an enterprise mobile application development platform, which helps in enhancing the end user experience without putting them through a commercial storefront. Increasing demand for mobile applications and growing popularity of mobile application development platform are other major factors driving the growth of the market. Furthermore, increasing awareness regarding better management of applications on different platforms is boosting the growth the market.

The global enterprise mobile application development platform market has been segmented on the basis of deployment, end user, and vertical. The vertical segment is further classified into BFSI, healthcare, manufacturing, retail, and IT and telecommunications. However, BFSI segment is expected to hold the major share of the market owing to the increasing demand for application development tools required by banking services to develop native applications. Enterprise mobile application development platform brings various benefits to different industry verticals, which help in accelerating business processes and provides a better user experience. An enterprise mobile application development platform provides different development capabilities for example, native, web and hybrid. It also provides the mobile application management tools for deploying and securing applications.

The North American region holds the largest market share of the market across the globe followed by Europe, and Asia Pacific regions. The U.S. and Canada are dominating the North America market is due to rising technological enhancements and increasing popularity of mobile application platforms in the region. The region also has a well-established infrastructure, which allows faster implementation of advanced technologies. Additionally, the growing demand for commercial mobile devices among enterprises is driving the growth of the enterprise mobile application development platform market in the region.The global enterprise mobile application development platform market is expected to grow at a CAGR of approximately 28% during the forecast period 2017-2023.

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Key Players:

Some of the prominent players in the global enterprise mobile application development platform market: Adobe Systems, Inc. (U.S.), IBM Corporation (U.S.), Salesforce., Inc. (U.S.), SAP SE (Germany), Apple, Inc. (U.S.), MobileIron, Inc. (U.S.), Microsoft Corporation (U.S.), Oracle Corporation (U.S.), Red Hat, Inc. (U.S.), and IntellectSoft (U.S.).

Segments:

The global enterprise mobile application development platform market is segmented by deployment, end user, and vertical. Based on the deployment, the market is segmented into cloud-based and on-premise. Based on end user, the market is segmented into small and medium businesses and large enterprises. Whereas, based on vertical, the market is segmented into BFSI, healthcare, manufacturing, retail, IT and telecommunication and others.

Regional Analysis:

The global enterprise mobile application development platform market is studied for Asia Pacific, North America, Europe, and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Europe is projected to grow at the fastest rate during the forecast period. The North American market growth is attributed to technological advancements and increased adoption of mobile devices in the enterprises across various industry verticals.

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Intended Audience

Technology Investors

Research/Consultancy firms

Technology Solution Providers

Government Bodies

Software Vendors

Software Service Providers

Mobile Application Development Platform Vendors

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Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

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