Product Code: 5531
Multiexperience Development Platforms Market is likely to showcase growth through 2032 due to the increasing mobile app demand, which has built-in strong traction for touchpoints such as Conversational UI, Location-based services (LBS), Augmented Reality (AR), Virtual Reality (VR), multi-touch interactions, and more.
Factors such as increasing digital transformation and technology expansion have resulted in the need for multi-experience digital platforms, thus enabling companies to focus more on development of those to augment the end-user experience.
In addition, the rising demand for machine learning technologies, virtual reality, and augmented reality will offer several growth opportunities for the Multiexperience Development Platforms (MXDP) market expansion. The industry growth is being further influenced by the development of user experience software, wearable technology, and natural language-based software.
Overall, the MXDP industry is segmented in terms of component, deployment, organization size, application, and region.
Based on the components, the services segment will grow considerably from 2023 to 2032. The segmental growth can be credited to the rising need for maintaining the platform, receiving constant updates, and more. MXDP services consist of three main components: tools, an experience management system, and a library of ready-made experiences.
By deployment, the on-premises deployment segment is anticipated to hold a notable market share during the estimated timeframe owing to the increasing need for securing critical data. Besides, features such as enhanced security compared to cloud systems will also favor segment expansion.
Considering the organization size, the large enterprise segment is slated to depict strong growth owing to the increasing deployment of MDXP by large enterprises in view of easing the operation process. Moreover, the rising number of large enterprises in developed and emerging economies will drive the demand for multi-experience development platforms over the forecast period.
In terms of application, the IT & telecom industry will garner substantial gains during 2023-2032. The increasing investment by IT and Telecom service providers for developing multi-experience development platforms will favor the segment landscape. Multiexperience expansion platforms offer inclusive solutions for managing the data required in IT and telecommunications sectors via protected and reckless deployment.
Geographically, the Asia Pacific MXDP industry size is projected to surge significantly during the forecast timeline. Expanding industry verticals such as retail and consumer goods, healthcare, IT and telecom, and BFSI will positively influence the regional market outlook. As per the India Brand Equity Foundation, the country's public expenditure on healthcare stood at 2.1% of the GDP in 2021-2022.
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Scope & definitions
- 1.2 Base estimates and calculations
- 1.3 Forecast calculations
- 1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Mutliexperience development platforms industry 360 degree 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
Chapter 4 Competitive Landscape
- 4.1 Introduction
- 4.2 Company market share analysis, 2022
- 4.3 Competitive analysis of major market players, 2022
- 4.3.1 Microsoft Corporation
- 4.3.2 Google LLC
- 4.3.3 Salesforce Inc.
- 4.3.4 SAP SE
- 4.3.5 Outsystems Inc.
- 4.4 Competitive analysis of innovation leaders, 2022
- 4.4.1 Pega systems
- 4.4.2 GeneXus
- 4.4.3 Appian Corporation
- 4.4.4 Neptune Computer Inc.
- 4.5 Competitive positioning matrix
- 4.6 Strategic outlook matrix
Chapter 5 Mutliexperience Development Platforms Market, By Component
- 5.1 Key trends, by component
- 5.2 Platform
- 5.2.1 Market estimates and forecast, 2018 - 2032
- 5.3 Service
- 5.3.1 Market estimates and forecast, 2018 - 2032
Chapter 6 Mutliexperience Development Platforms Market, By Deployment
- 6.1 Key trends, by deployment
- 6.2 On-premise
- 6.2.1 Market estimates and forecast, 2018 - 2032
- 6.3 Cloud
- 6.3.1 Market estimates and forecast, 2018 - 2032
Chapter 7 Mutliexperience Development Platforms Market, By Organization Size
- 7.1 Key trends, by organization size
- 7.2 Large enterprise
- 7.2.1 Market estimates and forecast, 2018 - 2032
- 7.3 SMEs
- 7.3.1 Market estimates and forecast, 2018 - 2032
Chapter 8 Multiexperience Development Platforms Market, By Application
- 8.1 Key trends, by application
- 8.2 BFSI
- 8.2.1 Market estimates & forecast, 2018-2032
- 8.3 IT and Telecom
- 8.3.1 Market estimates & forecast, 2018-2032
- 8.4 Government and Public Sector
- 8.4.1 Market estimates & forecast, 2018-2032
- 8.5 Manufacturing
- 8.5.1 Market estimates & forecast, 2018-2032
- 8.6 Retail and Consumer Goods
- 8.6.1 Market estimates & forecast, 2018-2032
- 8.7 Healthcare
- 8.7.1 Market estimates & forecast, 2018-2032
- 8.8 Media and Entertainment
- 8.8.1 Market estimates & forecast, 2018-2032
- 8.9 Others
- 8.9.1 Market estimates & forecast, 2018-2032
Chapter 9 Mutliexperience Development Platforms Market, By Region
- 9.1 Key trends, by region
- 9.2 North America
- 9.2.1 Market estimates & forecast, 2018-2032
- 9.2.2 Market estimates & forecast, by component 2018-2032
- 9.2.3 Market estimates & forecast, by deployment 2018-2032
- 9.2.4 Market estimates & forecast, by organization size, 2018-2032
- 9.2.5 Market estimates & forecast, by application. 2018-2032
- 9.2.6 U.S.
- 9.2.6 1 Market estimates & forecast, 2018-2032
- 9.2.6 .2 Market estimates & forecast, by component 2018-2032
- 9.2.6 3 Market estimates & forecast, by deployment 2018-2032
- 9.2.6 .4 Market estimates & forecast, by organization size 2018-2032
- 9.2.6 5 Market estimates & forecast, by application, 2018-2032
- 9.2.7 Canada
- 9.2.7.1 Market estimates & forecast, 2018-2032
- 9.2.7.2 Market estimates & forecast, by component 2018-2032
- 9.2.7.3 Market estimates & forecast, by deployment 2018-2032
- 9.2.7.4 Market estimates & forecast, by organization size 2018-2032
- 9.2.7.5 Market estimates & forecast, by application, 2018-2032
- 9.3 Europe
- 9.3.1 Market estimates & forecast, 2018-2032
- 9.3.2 Market estimates & forecast, by component 2018-2032
- 9.3.3 Market estimates & forecast, by deployment 2018-2032
- 9.3.4 Market estimates & forecast, by organization size 2018-2032
- 9.3.5 Market estimates & forecast, by application, 2018-2032
- 9.3.6 UK
- 9.3.6.1 Market estimates & forecast, 2018-2032
- 9.3.6.2 Market estimates & forecast, by component 2018-2032
- 9.3.6.3 Market estimates & forecast, by deployment 2018-2032
- 9.3.6.4 Market estimates & forecast, by organization size 2018-2032
- 9.3.6.5 Market estimates & forecast, by application, 2018-2032
- 9.3.7 Germany
- 9.3.7.1 Market estimates & forecast, 2018-2032
- 9.3.7.2 Market estimates & forecast, by component 2018-2032
- 9.3.7.3 Market estimates & forecast, by deployment 2018-2032
- 9.3.7.4 Market estimates & forecast, by organization size 2018-2032
- 9.3.7.5 Market estimates & forecast, by application, 2018-2032
- 9.3.8 France
- 9.3.8.1 Market estimates & forecast, 2018-2032
- 9.3.8.2 Market estimates & forecast, by component 2018-2032
- 9.3.8.3 Market estimates & forecast, by deployment 2018-2032
- 9.3.8.4 Market estimates & forecast, by organization size 2018-2032
- 9.3.8.5 Market estimates & forecast, by application, 2018-2032
- 9.3.9 Italy
- 9.3.9.1 Market estimates & forecast, 2018-2032
- 9.3.9.2 Market estimates & forecast, by component 2018-2032
- 9.3.9.3 Market estimates & forecast, by deployment 2018-2032
- 9.3.9.4 Market estimates & forecast, by organization size 2018-2032
- 9.3.9.5 Market estimates & forecast, by application, 2018-2032
- 9.3.10 Russia
- 9.3.10.1 Market estimates & forecast, 2018-2032
- 9.3.10.2 Market estimates & forecast, by component 2018-2032
- 9.3.10.3 Market estimates & forecast, by deployment 2018-2032
- 9.3.10.4 Market estimates & forecast, by organization size 2018-2032
- 9.3.10.5 Market estimates & forecast, by application, 2018-2032
- 9.4 Asia Pacific
- 9.4.1 Market estimates & forecast, 2018-2032
- 9.4.2 Market estimates & forecast, by component 2018-2032
- 9.4.3 Market estimates & forecast, by deployment 2018-2032
- 9.4.4 Market estimates & forecast, by organization size 2018-2032
- 9.4.5 Market estimates & forecast, by application, 2018-2032
- 9.4.6 China
- 9.4.6.1 Market estimates & forecast, 2018-2032
- 9.4.6.2 Market estimates & forecast, by component 2018-2032
- 9.4.6.3 Market estimates & forecast, by deployment 2018-2032
- 9.4.6.4 Market estimates & forecast, by organization size 2018-2032
- 9.4.6.5 Market estimates & forecast, by application, 2018-2032
- 9.4.7 India
- 9.4.7.1 Market estimates & forecast, 2018-2032
- 9.4.7.2 Market estimates & forecast, by component 2018-2032
- 9.4.7.3 Market estimates & forecast, by deployment 2018-2032
- 9.4.7.4 Market estimates & forecast, by organization size 2018-2032
- 9.4.7.5 Market estimates & forecast, by application, 2018-2032
- 9.4.8 Japan
- 9.4.8.1 Market estimates & forecast, 2018-2032
- 9.4.8.2 Market estimates & forecast, by component 2018-2032
- 9.4.8.3 Market estimates & forecast, by deployment 2018-2032
- 9.4.8.4 Market estimates & forecast, by organization size 2018-2032
- 9.4.8.5 Market estimates & forecast, by application, 2018-2032
- 9.4.9 South Korea
- 9.4.9.1 Market estimates & forecast, 2018-2032
- 9.4.9.2 Market estimates & forecast, by component 2018-2032
- 9.4.9.3 Market estimates & forecast, by deployment 2018-2032
- 9.4.9.4 Market estimates & forecast, by organization size 2018-2032
- 1.3.9.5 Market estimates & forecast, by application, 2018-2032
- 9.4.10 ANZ
- 9.4.10.1 Market estimates & forecast, 2018-2032
- 9.4.10.2 Market estimates & forecast, by component 2018-2032
- 9.4.10.3 Market estimates & forecast, by deployment 2018-2032
- 9.4.10.4 Market estimates & forecast, by organization size 2018-2032
- 9.4.0.5 Market estimates & forecast, by application, 2018-2032
- 9.5 Latin America
- 9.5.1 Market estimates & forecast, 2018-2032
- 9.5.2 Market estimates & forecast, by component 2018-2032
- 9.5.3 Market estimates & forecast, by deployment 2018-2032
- 9.5.4 Market estimates & forecast, by organization size 2018-2032
- 9.5.5 Market estimates & forecast, by application, 2018-2032
- 9.5.6 Brazil
- 9.5.6.1 Market estimates & forecast, 2018-2032
- 9.5.6.2 Market estimates & forecast, by component 2018-2032
- 9.5.6.3 Market estimates & forecast, by deployment 2018-2032
- 9.5.6.4 Market estimates & forecast, by organization size 2018-2032
- 9.5.6.5 Market estimates & forecast, by application, 2018-2032
- 9.5.7 Mexico
- 9.5.7.1 Market estimates & forecast, 2018-2032
- 9.5.7.2 Market estimates & forecast, by component 2018-2032
- 9.5.7.3 Market estimates & forecast, by deployment 2018-2032
- 9.5.7.4 Market estimates & forecast, by organization size 2018-2032
- 9.5.7.5 Market estimates & forecast, by application, 2018-2032
- 9.6 MEA
- 9.6.1 Market estimates & forecast, 2018-2032
- 9.6.2 Market estimates & forecast, by component 2018-2032
- 9.6.3 Market estimates & forecast, by deployment 2018-2032
- 9.6.4 Market estimates & forecast, by organization size 2018-2032
- 9.6.5 Market estimates & forecast, by application, 2018-2032
- 9.6.6 Saudi Arabia
- 9.6.6.1 Market estimates & forecast, 2018-2032
- 9.6.6.2 Market estimates & forecast, by component 2018-2032
- 9.6.6.3 Market estimates & forecast, by deployment 2018-2032
- 9.6.6.4 Market estimates & forecast, by organization size 2018-2032
- 9.6.6.5 Market estimates & forecast, by application, 2018-2032
- 9.6.7 UAE
- 9.6.7.1 Market estimates & forecast, 2018-2032
- 9.6.7.2 Market estimates & forecast, by component 2018-2032
- 9.6.7.3 Market estimates & forecast, by deployment 2018-2032
- 9.6.7.4 Market estimates & forecast, by organization size 2018-2032
- 9.6.7.5 Market estimates & forecast, by application, 2018-2032
- 9.6.8 South Africa
- 9.6.8.1 Market estimates & forecast, 2018-2032
- 9.6.8.2 Market estimates & forecast, by component 2018-2032
- 9.6.8.3 Market estimates & forecast, by deployment 2018-2032
- 9.6.8.4 Market estimates & forecast, by organization size 2018-2032
- 9.6.8.5 Market estimates & forecast, by application, 2018-2032
Chapter 10 Company Profiles
- 10.1 Appian Technology Inc
- 10.1.1 Business Overview
- 10.1.2 Financial Data
- 10.1.3 Product Landscape
- 10.1.4 Strategic Outlook
- 10.1.5 SWOT Analysis
- 10.2 Cigniti Technology Ltd.
- 10.2.1 Business Overview
- 10.2.2 Financial Data
- 10.2.3 Product Landscape
- 10.2.4 Strategic Outlook
- 10.2.5 SWOT Analysis
- 10.3 Convertigo SA.
- 10.3.1 Business Overview
- 10.3.2 Financial Data
- 10.3.3 Product Landscape
- 10.3.4 SWOT Analysis
- 10.4 Decimal Technologies
- 10.4.1 Business Overview
- 10.4.2 Financial Data
- 10.4.3 Product Landscape
- 10.4.4 SWOT Analysis
- 10.5 Easy software,
- 10.6 GeneXus
- 10.6.1 Business Overview
- 10.6.2 Financial Data
- 10.6.3 Product Landscape
- 10.6.4 Strategic Outlook
- 10.6.5 SWOT Analysis
- 10.7 Google LLC
- 10.7.1 Business Overview
- 10.7.2 Financial Data
- 10.7.3 Product Landscape
- 10.7.4 Strategic Outlook
- 10.7.5 SWOT Analysis
- 10.8 HCL
- 10.8.1 Business Overview
- 10.8.2 Financial Data
- 10.8.3 Product Landscape
- 10.8.4 SWOT Analysis
- 10.9 IBM Corporation
- 10.9.1 Business Overview
- 10.9.2 Financial Data
- 10.9.3 Product Landscape
- 10.9.4 Strategic Outlook
- 10.9.5 SWOT Analysis
- 10.10 I-exceed technology solutions
- 10.10.1 Business Overview
- 10.10.2 Financial Data
- 10.10.3 Product Landscape
- 10.10.4 Strategic Outlook
- 10.10.5 SWOT Analysis
- 10.11 Mendix Technology BV
- 10.11.1 Business Overview
- 10.11.2 Financial Data
- 10.11.3 Product Landscape
- 10.11.4 Market Strategy
- 10.11.5 SWOT Analysis
- 10.12 Microsoft Corporation
10..12.1 Business Overview
- 10.12.2 Financial Data
- 10.2.3 Product Landscape
- 10.12.4 Strategic Outlook
- 10.12.5 SWOT Analysis
- 10.13 Neptune Software
- 10.13.1 Business overview
- 10.13.2 Business Overview
- 10.13.3 Financial Data
- 10.13.4 Product Landscape
- 10.13.5 Strategic Outlook
- 10.13.6 SWOT Analysis
- 10.14 Oracle Corporation
- 10.14.1 Business Overview
- 10.14.2 Financial Data
- 10.4.3 Product Landscape
- 10.14.4 SWOT Analysis
- 10.15 Outsystems Software
- 10.5.1 Business Overview
- 10.15.2 Financial Data
- 10.5.3 Product Landscape
- 10.15.4 Market Strategy
- 10.15.5 SWOT Analysis
- 10.6 Pega systems
- 10.16.1 Business Overview
- 10.16.2 Financial Data
- 10.16.3 Product Landscape
- 10.16.4 Market Strategy
- 10.16.5 SWOT Analysis
- 10.17 Progress software
- 10.17.1 Business Overview
- 10.17.2 Financial Data
- 10.17.3 Product Landscape
- 10.17.4 Market Strategy
- 10.17.5 SWOT Analysis
- 10.18 Saleforce Inc
- 10.18.1 Business Overview
- 10.18.2 Financial Data
- 10.18.3 Product Landscape
- 10.18.4 Market Strategy
- 10.8.5 SWOT Analysis
- 10.19 Sap se
- 10.19.1 Business Overview
- 10.19.2 Financial Data
- 10.19.3 Product Landscape
- 10.19.4 Market Strategy
- 10.9.5 SWOT Analysis
- 10.20 Tracxn Technologies Limited
- 10.20.1 Business Overview
- 10.0.2 Financial Data
- 10.20.3 Product Landscape
10..20.4 Strategic Outlook