Reportlinker.com announces the release of the report “Global Mobile Cloud Market Size, Share & Industry Trends Analysis Report By Application Type, By Deployment, By Regional Outlook and Forecast, 2022 – 2028”.
Cloud computing is used by mobile clouds to deliver applications to mobile devices.
The outlook for the mobile cloud market has changed as a result of developments in wireless technology, cloud computing, and multimodal communication. Three crucial deployment models have been included in mobile clouds including public, private, and hybrid, which offer services based on the needs of subscribers. Users have better access to real-time mobile services and the ability to run sophisticated applications due to the mobile cloud.
It has helped businesses in expanding their markets, lowering costs through improved scalability, and boosting revenues. Delivering mobile apps and services to a mobile device from a centralized data center is part of the mobile cloud market. Mobile cloud services are primarily used by business users because they improve scalability, availability, and reliability for them. Cloud and mobile technologies have seen significant growth in recent years.
Worldwide, mobile communications have drastically changed how businesses operate. Cloud computing has simultaneously changed how services are delivered and how IT infrastructure is maintained. The development of mobile cloud market solutions has been facilitated by the convergence of mobile & cloud technology as well as the increasing use of connected mobile devices and the need for high computational power.
COVID-19 impact analysis
The adoption of 5G network deployments and other next-generation communication technologies has accelerated in many parts of the world, and service automation is a major concern. More than half of communication service providers are focusing on using cloud technology to increase operational service automation. These characteristics and the quickening pace of digitalization will lead to a rise in demand for the mobile cloud in the coming years. The fourth industrial revolution, known as Industry 4.0, is accelerating and altering how businesses use smart technologies such as big data, IoT, mobile supercomputing, and artificial intelligence.
Market growth factors
The use of smartphones has increased
Smartphone use is gradually evolving into an effective teaching & learning tool for distance education. Its use guarantees flexible course delivery enabling students to use online learning platforms, access course materials, and communicate electronically. Currently, the use of smartphones plays amazing roles in terms of education and learning. For instance, students can use learning management systems to quickly access information online to fulfill their information needs, access academic databases, and access a website.
Various healthcare apps are gaining popularity
The healthcare sector has undergone rapid changes over time. A number of factors are accelerating the growth of healthcare cloud applications, which in turn may strengthen mobile cloud solutions and services over the forecast period. These include the emergence of new diseases, worldwide regulatory norm growth, population health management focus, inventions, and more informed customers. Additionally, small-scale advancements in the communication sector have led to the use of wireless communication modules for data transmission in medical devices, which enhances the healthcare management system.
Market restraining factors
Security and privacy issues associated with the cloud
The main difficulties the mobile cloud market is facing are privacy and security issues. Smartphones are vulnerable to numerous security threats that intend to steal the users’ private information because of their constrained processing speed and memory. Additionally, there have been reports of third-party businesses selling sensitive private data to other organizations without the users’ consent. This has grown to be of the utmost importance to those involved in mobile security. Users store private information about their business and personal affairs in the cloud using cloud services.
Application type outlook
Based on application type, the mobile cloud market is segmented into entertainment, utilities, education, healthcare and others. In 2021, the entertainment segment dominated the mobile cloud market by generating the maximum revenue share. There are numerous sub-industries focused on entertainment under the broad umbrella term of the entertainment sector. The current entertainment market requires the publication of pertinent content in addition to the streaming of richly graphical content.
Deployment outlook
On the basis of deployment, the mobile cloud market is fragmented into public, private and hybrid. In 2021, the hybrid segment covered a substantial revenue share in the mobile cloud market. In all industries, the hybrid model has been the most widely used implementation strategy. Ingenious strategies and hybrid cloud models are increasingly being prioritized by many companies in order to maximize benefits while enhancing resource consumption, business operations, cost-effectiveness, user experience, and application modernization.
Regional outlook
Region wise, the mobile cloud market is analyzed across North America, Europe, Asia Pacific and LAMEA. The North America segment led the mobile cloud market with the largest revenue share in the mobile cloud market in 2021. The region’s mobile cloud market is being driven by the rapid advancements in technology for smart devices and the expansion of regional business operations. The region’s countries’ dominance can be attributed to their highly developed IT infrastructure, high rate of smart device adoption, and presence of major service providers.
The major strategies followed by the market participants are Partnerships. Based on the Analysis presented in the Cardinal matrix; Microsoft Corporation, Apple, Inc. and Google, Inc. are the forerunners in the Mobile Cloud Market. Companies such as Amazon.com, Inc., Oracle Corporation and Dell Technologies, Inc. are some of the key innovators in the Mobile Cloud Market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, Google LLC, Salesforce.com, Inc., Dell Technologies, Inc., Apple, Inc., Amazon.com, Inc., IBM Corporation, Oracle Corporation, Rackspace Technology, Inc., and Akamai Technologies, Inc.
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