Mobile Cloud Market worth $46.90 B by 2019, According to a New Study on ASDReports

Thursday 2 October 2014, Amsterdam

With the rise in demanding times, cloud computing has evolved to give space for the upsurge in the mobile cloud era which provides continual access to the cloud-based applications and services merely through one’s mobile device such as Smartphones and Tablets.The mobile cloud market has significantly amalgamated the comprehensive offerings from the cloud vendors, telecom network operators, and application developers and merchants to substantially benefit its users comprising enterprises and consumers.The escalating demands from the users and the ease in provision of competent mobile cloud-based apps are in turn driving the growth in the mobile cloud market. Major vendors of the global mobile cloud market are Amazon Web Services, Salesforce.com, Google, Inc., Apple, Inc., and Microsoft Corporation. The major forces driving this market are the manifold usage of Smartphone, enhanced network connections, evolving needs for centralized data management and the rising use of HTML5 technology.

The rapid advancements in the mobile cloud-based applications have been the prime reason for significant expansions in this market. Mobile cloud-based apps have leveraged the users with convenient apps that facilitate required vital information enhancing their productivity. This real-time information accessed through the apps on mobile devices can be used for personal or professional purpose, thereby, enabling flexibility in work. Hence, mobile cloud has substantially redefined the usage of mobile phones with the incorporation of cloud services to provide users with an enhanced experience through the provision of varied favorable applications.

The report broadly segments the mobile cloud marketby regions: North America (NA), Europe,Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA); by applications: gaming, entertainment, utilities, education, productivity, business and finance, social networking, healthcare, travel and navigation, and others;and by users:enterprises and consumers.

The report forecasts the global mobile cloud market to grow from $9.43 billion in 2014 to $46.90 billion by 2019, at a CAGR of 37.8%. In terms of regions, Europe  is expected to be the biggest market in terms of market size, while Latin America (LA) and Asia-Pacific (APAC) are expected to experience increased market traction, during the forecast period.