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The global backend-as-a-service (BaaS) market is expected to witness significant growth due to the increasing demand for mobile and web applications, as well as the widespread adoption of cloud-based infrastructure. Other factors contributing to this growth include the rise in demand for serverless computing models and the expanding IoT ecosystem. The market is projected to reach $28.7 billion by 2032, with a CAGR of 25.3% from 2023 to 2032.
