Increasing Demand for Improved App Developmentis Driving Multiexperience Development Platforms

Published: Apr 2024

The global multiexperience development platformsmarket is anticipated to grow at a significant  CAGR of 10.9% during the forecast period (2024-2031).The market growth is attributed to the increasing adoption of rapid customization and scalability with increasing demand for custom mobile app development and digitalization among industries.With the aid of multiexperience development platforms, companies can develop voice, chat, AR, wearables, and web and mobile apps all on one platform that can be used across many platforms. Several industry verticals, including retail, healthcare, BFSI, IT and telecom, manufacturing, media and entertainment, travel and hospitality, and others, are served by multi-experience development platforms.Google LLC, Microsoft Corp., Oracle Corp., Salesforce, Inc. SAP SE are currently developing trending tools and providing multiexperience development platforms solutions to improve operational efficiencies and improve app development time using streamlined design processes and reusable codes. Each tool has its unique properties.

Browse the full report description of “Multiexperience Development Platforms Market Size, Share & Trends Analysis Report by Component(Platforms and Services), by Deployment Type (On-Premise and Cloud), by Enterprise Type (Small & Mid-size Enterprises (SMEs) and Large Enterprises)and by End-Users (BFSI, IT & Telecommunication, Government & Public Sector, Manufacturing, Retail & Consumer Goods, Healthcare & Life Sciences and Other) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/multiexperience-development-platforms-market

Popular multiexperience development platforms tools

Google LLC offers firebasean app development platform that helps to build and grow apps and games users. It also accelerates and scale app development without managing infrastructure. The platform provides a real-time database, remote config, firebase extension, app check, cloud function, authentication, Firebase ML, cloud storage, cloud messaging, and others. 

Microsoft Corp. provides power appsthat deliver apps embedded with AI to modernize applications and systems fast. The power app provides its application for finance, sales and marketing, human resources, operations, and frontline workers. It also provides Microsoft PowerFx—a general-purpose, strong-typed, low-code programming language—across Microsoft Power Platform.

Oracle Corp. offers mobile apps, low-code apps, mobile administration, and service administration, migrate to mobile hub among others. Oracle Corp. provides low-code apps with Oracle mobile hub, android apps, iOS applications, Cordova applications, javascript applications, xamarin Android apps, xamarin iOS Apps, and others. 

SAP SE provides SAP Extension Suite, and SAP Integration Suite, with technology portfolios including database and data management, application development and integration, analytics, and intelligent technologies.The platform offers users the ability to turn data into business value, compose end-to-end business processes, and build and extend SAP applications quickly.

Salesforce, Inc.provides build apps on the lightning platform with low-code tools and Takes Customer Relationship Management (CRM) to the next level. The platform drives business productivity with process builder and lightning flow. Build custom digital experiences fast with mobile application development tools.

Market Coverage

The market number available for – 2023-2031

Base year- 2023

Forecast period- 2024-2031

Segment Covered- 

o By Component

o By Deployment Type

o By Enterprise Type

o By End-Users

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- Google LLC, Microsoft Corp., Oracle Corp., Salesforce, Inc. SAP SEamong others.

Key questions addressed by the report.

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Multiexperience Development Platforms Market Report Segment

By Component

  • Platforms
  • Services

By Deployment Type

  • On-Premise
  • Cloud

By Enterprise Type

  • Small & Mid-size Enterprises (SMEs)
  • Large Enterprises

By End-Users

  • BFSI
  • IT & Telecommunication
  • Government & Public Sector
  • Manufacturing
  • Retail & Consumer Goods
  • Healthcare & Life Sciences
  • Other End-Users (Energy & Utilities, Media & Entertainment, Transportation & Logistics)

Global Multiexperience Development Platforms Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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