Growth in the number of mobile applications has inversely led to the development of the enterprise mobile application development platform. Market Research Future which concentrates on market reports linked to the Information and Communications Technology sector amongst others recently made available a report on this sector. The industry is expected to develop at a CAGR of approximately 28 per cent during the forecast period from 2017-2023.
Enterprise mobile application development platform market is estimated to exhibit high growth potential during the forecast period owing to its increasing demand across various industry verticals like BFSI, healthcare, manufacturing, retail and IT & telecommunication. Rising demand among the enterprises for mobile applications drives the growth of the market. Additionally, innovations and advancements in technology, and increasing number of tools for the development of mobile applications is adding fuel to the growth of the enterprise mobile application development platform market.
The global enterprise mobile application development platform market has been segmented on the basis of deployment, end user, and vertical. The deployment is further segmented into cloud-based and on-premise. The cloud-based segment is holding the largest share of the market owing to its efficiency and cost-effectiveness. However, the rising costs and maintaining the back end integration may hamper the market growth.
According to Market Research Future Analysis, the global Enterprise Mobile Application Development Platform Marketis estimated to generate revenue of approximately USD 14 billion by 2023 growing at a CAGR of 28% during the forecast period 2017-2023.
Major Key Players:
- 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.)
- IntellectSoft (U.S.)
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The important enterprise platform for developing progressive web apps (PWAs) at scale, Lumavate recently stated that it has successfully raised an amount of $2.5 million in seed funding. The round involved input from Jupiter Peak, Collina Ventures, 4G Ventures, Don Brown, Allos Ventures and Elevate Ventures. This backing will permit Lumavate to develop its sales, product, and marketing teams, as well as additionally grow its contribution to complete the needs of various industries.
The Lumavate platform aids from the shift of native mobile apps to PWAs which is a key shift occurring currently in mobile tech that is changing the way companies work together with their consumers. Through the Lumavate platform, companies can bring a highly-personalized mobile experience at a rapid rate and at a fraction of the charge associated to native mobile apps.
Enterprise Mobile Application Development Platform Market Segmentation:
The global enterprise mobile application development platform market is segmented on the basis of deployment, end user, and vertical.
The end user segment is classified into small and medium businesses, and large enterprises. Both small and medium businesses and large enterprises are increasingly adopting the mobile application development platforms to facilitate data connectivity and help in accelerating the overall business processes.
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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- Technology Investors
- Research/Consultancy firms
- Technology Solution Providers
- Government Bodies
- Software Vendors
- Software Service Providers
- Mobile Application Development Platform Vendors
Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research objective
1.3 Market Structure
List of Tables
Table1Enterprise Mobile Application Development Platform Market, By Deployment
Table 2Enterprise Mobile Application Development Platform Market, By End User
Table 3Enterprise Mobile Application Development Platform Market, By Vertical
List of Figures
Figure 1 Research Type
Figure 2 Enterprise Mobile Application Development Platform Market, By Deployment
Figure 3 Enterprise Mobile Application Development Platform Market, By End User
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