BURNABY, Canada, May 19, 2015 /PRNewswire/ --
Increasing use of mobile applications along with growing demand for data integration across enterprises to drive mobile middleware market in India
According to recently released TechSci Research report, "India Mobile Middleware Market Forecast& Opportunities, 2020", mobile middleware market in India is projected to register a CAGR of over 12% during 2015-20. The country's mobile middleware market is expected to witness tremendous growth on account of increasing use of mobile applications in enterprises, rising demand for data integration across mobile applications, growing demand for cloud computing based applications, need for universal data accessibility, rapid emergence of Internet Of Things (IOT) mobile applications, etc. Being a major developing economy in Asia-Pacific, India is emerging as a leading mobile middleware market.
Over the past few years, mobile technology has undergone radical changes, globally. This has also led to robust growth in the adoption of cloud storage as a favorable mode of deployment by Small & Medium Enterprises (SMEs) in India. In 2014, Enterprise Resource Planning (ERP) mobile applications formed the most dominating segment in enterprise applications in India, followed by Customer Relationship Management (CRM) mobile applications. IBM India Private Limited, SAP India Private Limited, Adobe Systems India Private Limited, Telerik India Private Limited, Appcelerator, Microsoft Corporation (India) Private Limited are among the major mobile middleware developers and providers in India.
Major factors driving the adoption of mobile middleware in India include rising need for data synchronization & integration; growing demand for highly efficient, secure authentication & verification techniques to reduce risks of data loss, data-theft, security breaches; and growing need for accurate data accessibility on real-time basis. In accordance with these developments, the market for Business Intelligence (BI) mobile applications and Content Management System (CMS) mobile applications have been witnessing significant growth over the last few years, with adoption by enterprises expected to further increase over the next five years as well in the country.
"In India, mobile middleware is witnessing increasing adoption among enterprises. SMEs are opting for mobile middleware to strengthen their mobile workforce for better productivity and customer satisfaction. This in turn is expected to drive the mobile middleware market in India. Growing demand for cloud computing based applications for enhanced processing power, storage space and energy savings in mobile devices; rapid proliferation of mobile gaming applications and Internet Of Things (IOT) mobile applications; outburst of smartphones; and booming trend of BYOD (Bring Your Own Device) are among the major factors driving mobile middleware sales in the country", said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
"India Mobile MiddlewareMarket Forecast & Opportunities, 2020" has evaluated the future growth potential of India's mobile middleware market and provides statistics and information on market structure, size, share and future growth of India mobile middleware market. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities available in India mobile middleware market.
About TechSci Research
TechSci Research is a global market research and consulting company with offices in Canada, UK and India. TechSci Research provides market research consulting services in six verticals - Information Technology, Chemicals, Water & Water Recycling, Consumer Goods & Retail, Automotive and Energy & Power. The company uses proprietary innovative business model that focuses on improved productivity that also ensure the creation of high-quality reports. With more than 100 client engagements with fortune 500 clients, TechSci Research enjoys the status of a premium market research services provider in the industry.
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