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Mobile Cloud Market Overview:As per the analysis presented by Market Research Future (MRFR), the global mobile cloud market is set to expand at a significant CAGR of 22% during the forecast period 2018 to 2023. The valuation of the market is likely to touch 66 Bn by the end of 2023. The deployment of mobile cloud facilitates multi-platform support and eliminates the task of developing the same applications for different platforms. This, in turn, is prognosticated to augment the mobile cloud market in the forthcoming years.
The growing market presence of mobile devices coupled with advancements in cloud technologies is likely to dictate the future trajectory of the Mobile Cloud Market over the assessment period. In addition, it also facilitates easy upgradation of the applications which is projected to catalyze the growth of the market.
Cloud technology provides access to data from several sources which is another significant driver of market growth. The growing demand for smartwatches and other wearable devices are anticipated to propel the expansion of the mobile cloud market. On the flip side, the growing rate of cyber crimes is expected to check the expansion of the mobile cloud market through the projection period. Additionally, mobile cloud consumes substantial energy which is likely to hinder market expansion in the foreseeable future.
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Major Key Players:
The prominent players in the Mobile Cloud Market are – Cisco Systems Inc. (U.S.), Amazon web services (U.S.), Oracle Inc. (U.S.), Microsoft Corporation (U.S.), Google Inc. (U.S.), IBM Corporation (U.S.), Akamai Technologies (U.S.), Alibaba Group (China), EMC Corporation (U.S.), and Apple Inc. (U.S.)
Industry News:
June 27, 2018 MongoDB Fleshes Out Mobile and Cloud Strategies: MongoDB is delivering a database that runs on mobile database. The company announces the general ability of stitch, server less cloud database, and version 4.0 of NoSQL document store. Depth of data that organizations want to capture and store continues to increase, it exerts ever greater pressure on IT infrastructure.
June 1, 2018 keeping up with the increasing security risk of the mobile-cloud era: In a practical use of artificial intelligence, the feature combines a customer request with a machine-learning model to select the Particular skills to use, without the consumer needing to know the name of the skill. When a customer taps their Amazon Echo smart speaker and speaks without using a skill by name, Alexa selects the best skill to call, based on the machine-learning model.
June 27, 2018 Masergy Pumps Up UCaaS with Mobile App: Masergy is added mobile app to its cloud-based unified communications service, seeking to be more competitive in the UC-as-a-service space. The Masergy Connect app is connected with the managed service provider's Global Unified Communication as a Service (Global UCaaS) product.
Mobile Cloud Market Segmentation:
• On the basis of application, the market is segmented into gaming, entertainment, utilities, education, productivity, BFSI, social networking, healthcare, travel & navigation, and others.
• On the basis of users, the market is segmented into enterprises and consumers.
• On the basis of deployment, the market is segmented into public, private, and hybrid
• On the basis of service models, the market is segmented into software, platform, and infrastructure
• On the basis of region, the market is segmented into North America, Europe, Asia-Pacific (APAC), and Rest of the World
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Mobile Cloud Market Regional Analysis:
The regional analysis of mobile cloud market is being studied for region such as Asia Pacific, North America, Europe and rest of the world.
North America region is expected to dominate in the mobile cloud market during forecast period owing to fast emerging start-ups that focus on innovation and commercialization of artificial intelligence technologies. Rapid technological developments in smart gadgets and increasing business operations also make North America the most important market for mobile cloud investment during forecast period. The major factor driving the growth of North American region is investment in consumer electronics and huge growth in IoT implementation.
Asia Pacific is expected to grow rapidly during forecast period. Education and social networking drive the market in Asia Pacific region. Europe is expected to grow stable during forecast period. Healthcare and travel & navigation sectors drive the European market.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Info:
Name: Abhishek Sawant
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Organization: Market Research Future
Address: Market Research Future Office No. 524/528,, Amanora Chambers Magarpatta Road, Hadapsar Pune - 411028
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Website: https://www.marketresearchfuture.com/reports/mobile-cloud-market-1238
Release ID: 526434
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