Market On Mobile - Opportunity Assessment, Business Boosting Strategies, Demographic Segmentation, Research Report, COVID-19 Scope and Growth Analysis Report 2027
Market Scenario:
Market On Mobile is a branch of cloud computing that hosts applications suitable for mobile devices on the cloud. It can be used in deploying mobile applications from large number of devices and accessed through smartphones, tablets, and other devices. Users of mobile cloud are able to access their data remotely and synchronize their data on multiple devices. The global mobile cloud market size can reach USD 66 billion by 2023, according to the latest report by Market Research Future (MRFR). It can exhibit 22% CAGR over the forecast period (2018-2023). MRFR offers insights on latest industry verticals by employing the Porter’s Five Forces model and gaining a wider perspective on current industry situation and predicting estimations for future scenarios.
The global mobile cloud market is set to expand owing to advances in cloud computing and adoption of cloud in mobile devices. Mobile cloud helps application developers by moving the application to the cloud and deploying important updates to clients or customers through their servers. Availability of swift internet speeds as well as implementation by organizations owing to its flexibility and reliability can drive the market demand.
The COVID-19 pandemic has provided a launchpad for mobile cloud computing to expand into non-enterprise applications. It can reduce the effects of the lockdown and provide sustainability to existing projects. Recently, Huawei Technologies has launched a global plan for fighting the pandemic by offering cloud services to essential corporations with the help of partners. The cloud can be used in imparting education online to students of educational institutions and colleges for free.
But security and privacy issues can challenge the global market growth.
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Competitive Outlook:
DELL EMC Corporation, IBM Corporation, Cisco Systems, Inc., Oracle, Inc., Amazon Web Services, Google, Inc., Akamai Technologies, Alibaba Group, APPLE Inc., and Microsoft Corporation are reputed leaders of the global mobile cloud market. The market is highly competitive owing to dipping prices of servers and broadband plans. Innovation in cloud computing and identification of new potential customers can drive the growth strategy of key players.
Segmentation:
On the basis of service, the mobile cloud market is segmented into software, platform, and infrastructure.
On the basis of deployment, the mobile cloud market is segmented into public, private, and hybrid cloud. The hybrid cloud segment is likely to have huge potential in the coming years owing to growing use of smartphones and an emerging mobile workforce.
On the basis of application, the mobile cloud market is segmented into education, automotive, healthcare, entertainment, utilities, finance, industrial, and others. The healthcare vertical is projected to command a huge market share owing to outbreak of new virus strains, focus on population health, advances in mobile applications, and adherence to regulations and policies. Use of wireless communication for relaying important data in healthcare organizations and encouraging preventive healthcare services can bode well for the market.
Regional Analysis:
North America, Asia Pacific (APAC), Europe, and Rest-of-the-World (RoW) are major regions covered for outlining the prospects of the global mobile cloud market.
North America is deemed to dominate the market owing to presence of cloud vendors, well-established infrastructure, and investments in research and development. The need for high computing power and rapid deliverance of solutions can drive the demand for mobile computing in the region. Rise of BYOD among enterprises and shift to cloud as well as need for personalized experiences by customers can drive the market demand.
On the other hand, APAC is set to display a robust growth rate over the forecast period owing to smartphone penetration, rise of mobile cloud computing, and bring your own devices (BYOD) policies.
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Table of Contents:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
Continued….
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