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Global Mobile Middleware Market to Expand at 11% CAGR from 2017 to 2021

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Published on : Dec 11, 2017

ALBANY, New York, December 11, 2017: A report recently added to the portfolio of ResearchMoz.us covers the present growth dynamics of the global market for mobile middleware. The report is titled "Global Mobile Middleware Market 2017-2021." The comprehensive report states that the global mobile middleware market will exhibit a promising 11% CAGR over the period between 2017 and 2021, driven on the back of the rising demand for mobile enterprise applications across the globe.

Enterprises across the globe are increasingly utilizing mobile enterprise applications so as to resolve the issues related to poor internal communication and improve customer services. These factors will prove to be highly beneficial for the market and will continue to drive it in the next few years.

The massive rise in usage of mobile business intelligence (MBI) is one of the key trends that will pick up footing in the mobile middleware market in the next few years. MBI programming can be coordinated into cell phones and these tools can likewise help in the incorporation of information that has been gathered by mobile devices progressively. Moreover, MBI likewise offers dashboard, reports, and charts by gathering information from various conventional information sources, for example, distribution centers, ERP, CRM, and relational database. Mobile middleware will also be utilized to permit the exchange of information among the conventional information sources and mobile intelligence software.

The key end-use segments for the mobile middleware market examined in the report are banking, financial services, and insurance (BFSI), manufacturing, healthcare, and transportation and logistics. During 2016, the BFSI segment represented the most promising growth opportunities for the of the mobile middleware market. Factors such as the rising requirement for mobile wallets and the expanding utilization of mobile biometric banking solutions will add to the development of this segment in the coming years as well. As such, the segment is expected to expand at a promising pace over the report's forecast period as well.

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From a geographical standpoint, the report segments the market into regions such as Americas (North and South America), Asia Pacific (APAC), and Europe, Middle East, and Africa (EMEA).

This report estimates that of these, the market in Americas will account for the leading share in the global market over the report's forecast period. The region will emerge as the key contributor of revenue to the global mobile middleware market over the forecast period. Factors such as the massive rise in adoption of technologies such as bring-your-own-device (BYOD), IoT, cloud computing, and the increased utilization of mobile devices in the enterprise sector will also contribute to the growth prospects of the mobile middleware market in Americas over the report's forecast period.

The report additionally includes an itemized outline of the vendor landscape of the worldwide mobile middleware market. The mobile middleware market comprises several regional as well as international companies. These companies are distinguished in light of the aspects such as income, geographical presence, market dominance, and product portfolio. Established players in the market represent the leading share in the market. However, the rising adoption and demand for cloud mobile technology are leading to stiff competition from cloud mobile middleware companies.

The leading players in the worldwide mobile middleware market are IBM, SAP, TIBCO, Oracle, and Kony. Other unmistakable sellers in the market are Adobe, Aligo, AnyPresence, Axway, KidoZen, Pegasystems, Red Hat, and Verivo.

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