The Global Mobile App Development Platforms Market is expecting around 27.2% CAGR during 2022-27, cites MarkNtel Advisors in their research report. The growing proliferation of smartphones & cloud-based technologies in commercial businesses and the mounting demand for connected devices & the IoT (Internet of Things) are the prime aspects driving the global market.
Moreover, the increasing application of wearable technology across several end-user industries is further augmenting the growth of the global market. Furthermore, the rapid expansion of the e-commerce sector, leading to the increasing deployment of online shopping applications by SMEs, is another crucial aspect projected to boost the market through 2027.
In addition, the swiftly increasing demand for more innovative social networking & gaming apps is further projecting lucrative growth opportunities for the Global Mobile App Development Platforms Market over the forecast years, further states the research report, “Global Mobile App Development Platforms Market Analysis, 2022.”
With Ease of App Development, Cloud-based Deployment to Dominate the Global Market through 2027
The cloud-based technology is highly cost-effective, can be easily deployed in real-time, and offers greater scalability of connected resources. As a result, it helps simplify the entire app development process by considerably minimizing the time required for app designing & development and also ensures excellent data security & reliability. Moreover, with cloud deployment, all apps & their features can be accessed across multiple devices. Hence, these aspects are contributing to the mounting demand for cloud-based app deployment worldwide and, in turn, fueling the overall market growth.
Increasing Prevalence of Affordable Smartphones across Asia-Pacific Boosts the Market Growth
China & India, the largest markets for cost-effective smart devices in Asia-Pacific, are contributing significantly to the growth of the mobile app development platforms market across the region. Various industries are undergoing rapid digitalization (facilitated by favorable government policies) and adopting advanced technologies to improve overall business productivity. Besides, the growing percentage of startups in Asia-Pacific, and the increasing demand for affordable smartphones, are other prominent aspects promoting the regional market growth, reveals MarkNtel Advisors in their research report, “Global Mobile App Development Platforms Market Analysis, 2022.”
The leading players in the Global Mobile App Development Platforms Market include Adobe Systems, Inc., Amazon, Inc., Appcelerator, Inc., Apple, Inc., Backbase, Facebook, Inc., Google, Inc., Hewlett Packard Enterprise Company, IBM Corporation, Infosys Ltd., Kony Inc., Microsoft Corporation, Oracle Corporation, Red Hat, Inc., Salesforce.Com, SAP SE, and Wipro Corporation
Key Questions Answered in the Research Report: