BaaS Market to Surge to $28.7B by 2032 on Mobile App and Cloud Growth
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The global backend-as-a-service (BaaS) market is projected to reach $28.7 billion by 2032, growing at a 25.3% CAGR.
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Key growth drivers include rising demand for mobile/web apps and adoption of cloud infrastructure.
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Professional services held the largest market share in 2022 at 40%. Usage analytics is forecast to see the fastest growth rate.
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North America accounted for the largest market share in 2022 with nearly 40% global revenue.
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Leading players include 8base Inc, Amazon Web Services, Back4App, Kuzzle, MongoDB, Google, Microsoft, Oracle, and others.