MarkNtel Advisors analyses the growth rate of the Mobile Cloud Computing market in the forecast period from 2023 to 2028. In addition to comprehensive market insights such as market value, growth rate, market segmentation, key market players, and market dynamic. This detailed analysis aims to provide valuable information for stakeholders in the Mobile Cloud Computing market, helping them make informed decisions.
Market Outlook – 2023-2028:
The Global Mobile Cloud Computing Market is anticipated to grow at a CAGR of around 22% during the forecast period, i.e., 2023-28. The growing popularity of cloud services by businesses to launch their applications is one of the factors contributing to the growth. Cloud services provide companies to scale their applications quickly & easily and help to expand their resources to meet demand & accommodate growth without having to make extensive capital investments in the infrastructure. Owing to which companies are opting for these services since they help them reduce costs, improve flexibility, and enhance security & reliability, which can ultimately lead to increased competitiveness & success in the marketplace.
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Key Company Profiles
This report explores recent significant developments in the Mobile Cloud Computing Market, focusing on the leading companies and their innovative profiles. The major players in the Mobile Cloud Computing Market, featured in this report, include:
- Amazon Web Services (AWS)
- Microsoft Azure
- Google Cloud Platform (GCP)
- Alibaba Cloud
- Oracle Cloud
- IBM Cloud (Kyndryl)
- Salesforce Inc.
- SAP SE
- Red Hat, Inc.
- VMware Inc.
- DigitalOcean, LLC.
- Tencent Cloud
- OVHcloud
- Parse
- Rackspace Technology
- Others (Lumen, Cloud Foundry, Inc., etc.)
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Market Segmentation & Coverage
This research report by MarkNtel Advisors categorizes the Mobile Cloud Computing Market to forecast revenues and analyse trends across each of the following sub-markets:
By Services
- Infrastructure as a Service (IaaS)
- Platform as a Service (PaaS)
- Software as a Service (SaaS)
Of them, Infrastructure as a Service (IaaS) offered by the service providers such as Amazon Web Services, IBM Cloud, etc., gained a significant share in the market since IaaS services offer cloud-based computing resources like servers, storage, and networking, which are essential for supporting mobile applications.
By Deployment Type
- Public Cloud
- Private Cloud
- Hybrid Cloud
- Others (Community Cloud, Virtual Private, etc.)
By Enterprise Size
- Small and Medium
- Large
By End Users
- Gaming
- Banking, Financial Services, and Insurance (BFSI)
- Retail & E-Commerce
- Healthcare & Life sciences
- IT & Telecom
- Government & Transportation
- Others (Education, Supply Chain & Logistics, etc.)
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
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What are the primary factors driving the growth of the Global Mobile Cloud Computing Market?
Increased Focus on Mobility by the Enterprises to Augment the Market Growth
With the widespread adoption of mobile devices such as smartphones & tablets, there has been a significant upsurge in demand for mobile applications & services. Significant advancements in mobile technology, such as faster processing speeds, improved battery life, and better connectivity, have made it possible to run more complex applications & services on mobile devices. As a result, there has been a rise in demand for these solutions that can provide the necessary resources & capabilities to support these applications & services.
In addition, these solutions offer several benefits over traditional mobile computing, such as improved scalability, flexibility, and cost-effectiveness. Consequently, with the additional benefits these services offer over conventional on-premise services, many businesses have shifted their focus to mobile devices & mobility in recent years. As a result, there has been a growing demand for mobile cloud computing solutions that provides the necessary resources & capabilities to support these mobile initiatives.
Further, the government initiatives to accelerate digitalization in the countries such as India, the UAE, etc., are also propelling the industry verticals like banking & finance, retail & e-commerce to mitigate their business operations by launching appropriate applications. Hence, the shift of the end-users towards introducing their mobile apps to facilitate consumer reach would escalate the market in the forthcoming years.
Key Questions Addressed:
- Market Size and Growth Projections: What is the current size of the market, and how is it expected to grow?
- Investment Opportunities: Which products, segments, and regions present the most attractive investment opportunities?
- Technology Trends and Regulatory Influences: What are the prevailing technology trends and regulatory factors influencing the market?
- Competitive Ranking: How do top vendors rank regarding market share and competitive positioning?
- Revenue Sources and Strategic Opportunities: What revenue sources and strategic opportunities guide vendors’ market entry or exit decisions?
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