Backend-as-a-Service (BaaS) - Global Market Trajectory & Analytics

Global Backend-as-a-Service (BaaS) Market to Reach $7.7 Billion by 2027

Amid the COVID-19 crisis, the global market for Backend-as-a-Service (BaaS) estimated at US$1.6 Billion in the year 2020, is projected to reach a revised size of US$7.7 Billion by 2027, growing at a CAGR of 25% over the period 2020-2027.



The U. S. Market is Estimated at $432.7 Million, While China is Forecast to Grow at 31.2% CAGR

The Backend-as-a-Service (BaaS) market in the U. S. is estimated at US$432.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2027 trailing a CAGR of 31.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.8% and 22.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 21.5% CAGR. We bring years of research experience to this 19th edition of our report. The 120-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

• Apigee Corp.
• ApiOmat Inc.
• Appery LLC
• Applicasa Ltd.
• Axway
• Backendless Corp
• Buddy Platform Inc.
• Built. io
• Kinvey Inc.
• Kumulos Ltd.
• Microsoft Corp.
• Red Hat Inc.
• Structum Inc.