Mobile Middleware Market Size

Mobile Middleware Market Analysis

The Mobile Middleware Market was valued at USD 18.78 billion in 2020 and is expected to reach USD 31.50 billion by 2026, at a CAGR of 9% over the forecast period 2021 - 2026. Due to the expansion of BYOD into industrial applications expected to increase the demand for mobile middleware in the near future.

• Mobile middleware is now gaining traction in various end-user industries and has caught the eye of a various App developer for use in their Apps designing. Some of the prominent trends that the market is witnessing include increasing need for connectivity between different Apps and devices, growing enterprise database through IOT and recent developments are some main reasons owing to mobile middleware market growth.
• The major driver for the middle wire market is the expansion of the BYOD concept. With businesses now going mobile and adopting new policies to increase employee interaction and ease of use, it has become important to provide access to data of various applications.
• Bring your own device (BOYD) is the perfect model to complement the shifting paradigm of work. This trend is expected to yield higher productivity, as employees will have access to efficient solutions on their preferred devices especially smartphones, at any point of time, from any location, indirectly increasing the adoption of BYOD trend in organizations.
• About 67% of the workforce is expected to adopt own devices for work, which further emphasizes the need for mobile middleware solutions. However, concerns related to data security and high development cost are the major hindrance for the growth of the middleware market.