Multiexperience Development Platforms Market to hit $20 Bn by 2032, Says Global Market Insights Inc.
Major multiexperience development platforms market participants include Microsoft Corporation, Google LLC, SAP SE, Salesforce and OutSystems.
Selbyville, Delaware, April 19, 2023 (GLOBE NEWSWIRE) —
The multiexperience development platforms market valuation is predicted to cross USD 20 billion by 2032, as reported in a
Asia Pacific multiexperience development platforms market will expand at a CAGR of 25% from 2023 to 2032. The region is witnessing rapid expansion of retail and consumer goods, healthcare, IT & telecom, BFSI, and other expanding industry verticals, which are strongly contributing to market progression. As of January 2023, India’s Reliance Jio became the second-largest telecom brand in the world compared to fifth place in 2022, according to Brand Finance 2023 rankings.
Prominent participants operating across the multiexperience development platforms (MXDP) market include Microsoft Corporation, Google LLC, SAP SE, Salesforce and OutSystems. The competitive landscape of the market is poised to showcase several organic growth tactics including acquisitions and partnerships over the upcoming years. For instance, in April 2022, Globant, an IT and software development firm, announced the acquisition of GeneXus to strengthen its product portfolio. GeneXus agreed to provide its low-code platform that simplifies software development and evolution and Artificial intelligence (AI) features that maintain end-to-end solutions ready to run on a variety of devices.
Partial chapters of report table of contents (TOC):
Chapter 2 Executive Summary
2.1 Mutliexperience development platforms industry 360° synopsis, 2018 – 2032
2.2 Business trends
2.2.1 Total Addressable Market (TAM), 2023 – 2032
2.3 Regional trends
2.4 Component trends
2.5 Deployment trends
2.6 Organization size trends
2.7 Application trends
Chapter 3 Mutliexperience Development Platforms Market Industry Insights
3.1 Impact of COVID-19 pandemic
3.1.1 North America
3.1.2 Europe
3.1.3 Asia Pacific
3.1.4 Latin America
3.1.5 MEA
3.2 Russia-Ukraine war impact
3.3 Industry ecosystem analysis
3.3.1 Platforms providers
3.3.2 Service providers
3.3.3 Technology providers
3.3.4 System integrators
3.3.5 Profit margin analysis
3.4 Patent analysis
3.5 Key initiative & news
3.5.1 New product launch
3.5.2 Partnership/collaboration
3.5.3 Merger/acqusition
3.5.4 Business expansion
3.6 Technology & innovation landscape
3.7 Regulatory landscape
3.7.1 North America
3.7.2 Europe
3.7.3 Asia Pacific
3.7.4 Latin America
3.7.5 MEA
3.8 Industry impact forces
3.8.1 Growth drivers
3.8.1.1 Rising need to create rich and interconnected user experiences
3.8.1.2 Increasing investment on MXDP
3.8.1.3 Rising need for low code application development
3.8.1.4 Increasing demand for touchpoints
3.8.1.5 Rapid adoption of advanced technologies
3.8.2 Industry pitfalls and challenges
3.8.2.1 Limited number of devices MXDPs support
3.8.2.2 Maintaining MXDP platforms
3.9 Multiexperience development platforms use case
3.10 Multiexperience development platforms architecture
3.11 Growth potential analysis
3.12 Porter’s analysis
3.13 PESTEL analysis
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Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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