Mobile Application Development Platform (MADP) Market share forecast to witness considerable growth from 2018 to 2024 - PowerPoint PPT Presentation

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Mobile Application Development Platform (MADP) Market share forecast to witness considerable growth from 2018 to 2024

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Some of the companies operating in the mobile application development platform market are IBM, SAP, Oracle, Kony, Verivo Software, Telerik, Salesforce, HP, Axway, Progress Software, Appery, Microsoft. – PowerPoint PPT presentation

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Title: Mobile Application Development Platform (MADP) Market share forecast to witness considerable growth from 2018 to 2024


1
Mobile Application Development Platform (MADP)
market share research by applications and regions
for 2018-2024 Global Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2
Overview of Mobile Application Development
Platform (MADP) Market
  • North America holds a significant share of the
    global MADP market due to the presence of highly
    sophisticated IT infrastructure in the region
    along with the availability of excellent internet
    connectivity and extensive penetration of mobile
    devices. Also, large-scale investments on RD by
    major technology companies operating in the U.S.
    are expected to foster the market growth over the
    forecast timeline. Asia Pacific, on the other
    hand, will register a lucrative growth over the
    period in the market. This accelerated growth can
    be attributed to the rapidly increasing
    smartphone penetration in India and China,
    increasing the popularity of smart cities, along
    with favorable government initiatives for the
    digitalization of the economy and administrative
    framework in these countries.
  • Mobile Application Development Platform (MADP)
    Market size is driven by the increasing adoption
    of the cloud services among the industry
    verticals such as BFSI and healthcare. The growth
    is attributed to the increasing demand for the
    mobility and BYOD solutions, among the
    enterprises. As the demand for mobility solutions
    among the enterprises is rising, app developers
    are also looking forward to developing advanced
    mobile applications to integrate and sync them
    across the multiple devices. The cloud technology
    assists developers to build apps and enables them
    to work on multiple devices with the access to
    the same data, functions, and features, which are
    estimated to drive the growth of the market.

3
Continue
  • The development of the IoT and wearable devices
    is also one of the major driving forces that
    support the mobile application development
    platform market growth. As the adoption of the
    IoT and wearable devices is increasing rapidly,
    developers also started to explore the
    opportunities for the apps on IoT and wearable
    devices. The growing demand for the IoT devices
    among the smart home and business automation
    solutions are encouraging the developers to build
    the application to control and monitor IoT
    devices. Furthermore, the integration of the IoT
    devices into the customer engagement platforms
    and beacon technology among the enterprises to
    reach customers is also one of the major factors
    for the market growth.
  • Growing demand for the cross-platform apps also
    fosters the MADP market growth. Approximately 40
    of the developers work primarily on the Android
    platform while about 35 of the developers are
    focused on IOS. As the adoption of both Android-
    and IOS-based smartphone increases, companies are
    also focusing on the development of the
    cross-platform development. However, the security
    of the mobile application is one of the major
    factors hindering the growth of the market.
    Furthermore, the technical issues associated with
    the development of mobile application development
    is also one of the major constraints in the
    growth of the market.

4

Browse Full Research Report On Mobile
Application Development Platform (MADP) Market
_at_ https//bit.ly/2kjoHbt Request for an
in-depth table of contents for this report _at_
https//www.gminsights.com/request-toc/upcoming/25
75 https//www.gminsights.com/request-toc/upcomi
ng/1797
5
Continue
  • The MADP market is evolving as enterprises are
    taking advantage of both consumer and enterprise
    mobile applications. Furthermore, the rising
    requirement to automate the mobile application
    development and reduce the time required for
    application development also fuels the market
    growth.
  • The key companies operating in the MADP market
    are emphasizing on offering competitive prices
    along with advanced features to enable
    differentiation in their solutions compared to
    those offered by their competitors. Also, the
    strategic acquisitions of emerging companies by
    major market players are largely contributing to
    the consistent growth of the overall market.
  • Some of the companies operating in the mobile
    application development platform market are IBM,
    SAP, Oracle, Kony, Verivo Software, Telerik,
    Salesforce, HP, Axway, Progress Software, Appery,
    Microsoft, MicroStrategy, Adobe, Backbase,
    Intellectsoft, OutSystems, and Red Hat

6
Methodology
  • Market
    research reports Key analytical components

7
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