Mobile Cloud Market: Global Industry Analysis and Forecast (2024-2030)

Mobile Cloud Market size was valued at US$ 160.14 Bn. in 2023 and the total revenue is expected to grow at 34.1% of CAGR from 2024 to 2030, reaching nearly US$ 1248.84 Bn.
Mobile Cloud Market Overview:
As a result of advancements in wireless technology, cloud computing, & multimodal communication, the prognosis for the mobile cloud industry has shifted. Public, private, and hybrid deployment models, which provide services based on the demands of subscribers, are three essential deployment models that have been integrated into mobile clouds. The mobile cloud enables users to run complex apps & has better access to real-time mobile services.

Many industries have benefited from it by growing their markets, increasing scalability to reduce costs, & increasing revenues. The mobile cloud industry includes services & apps which are delivered to mobile devices from a centralized data center. Due to the increased scalability, availability, & dependability they provide for businesses, mobile cloud services are mainly employed by them. The use of mobile & cloud technology has increased significantly in recent years.To know about the Research Methodology :- Request Free Sample Report

Mobile communications have transformed how companies function globally. Both the way services are offered & IT infrastructure is managed have changed as a result of cloud computing. The convergence of mobile & cloud technologies, as well as the rising use of linked mobile devices and the requirement for high computational capacity, have all made it easier for the formation of mobile cloud market solutions.
Impact Analysis for COVID-19:
Service automation is a serious concern as the implementation of 5G networks & other next-generation communication technologies have accelerated in many regions of the world. To increase operational service automation, more than half of communication service providers are concentrating on leveraging cloud technology. During the forecast period, demand for the mobile cloud industry will increase due to these traits & the accelerating rate of digitalization. Industry 4.0, also known as the fourth industrial revolution, is hastening and changing how companies use smart technologies like big data, IoT, mobile supercomputing, and artificial intelligence.
Mobile Cloud Market Dynamics:
Smartphone usage has increased the mobile cloud market in the north

The usage of smartphones for teaching & learning is progressively developing into a useful tool for distance education. Its implementation ensures adaptable course delivery, allowing students to use online learning environments, access course materials, and communicate electronically. Currently, the use of cell phones in education and learning performs remarkable functions. For instance, students can visit websites, academic databases, & learning management systems to easily get material online to meet their information demands.

Number Of Smartphone & Mobile Phone Users Worldwide (Billions)



Years
Number of smartphones
Number of mobile phones


2025
7.33
7.49


2024
7.13
7.41


2023
6.92
7.33


2022
6.64
7.26


2021
6.37
7.10


2020
6.05
6.95



Numerous healthcare apps are becoming more popular which is boosting the mobile cloud market during the forecast period

Globally, the healthcare sector has seen a quick transformation over time. Several factors are promoting the growth of healthcare cloud applications, which in turn may increase demand for mobile cloud solutions & services over the forecast period. These include the emergence of new diseases, global regulatory norm growth, population health management focus, inventions, and more informed customers.

Cloud-Related Security and Privacy Issues are the restarting factors in the mobile cloud market

Privacy & security concerns are the biggest challenges the mobile cloud sector is currently experiencing. Due to their limited processing power & memory, smartphones are susceptible to a variety of security risks that aim to steal the user's personal information. In addition, there have been reports of third-party companies selling sensitive user data without the users' knowledge to other organizations. For individuals who work in the mobile security industry, this has become of the utmost importance.

Cloud services are used by users to store confidential data about their company and personal matters. Some of the factors propelling the growth of the healthcare mobile cloud market include the use of EHR, e-prescribing, telemedicine, mHealth, and other IT solutions for the healthcare industry, as well as the expanding usage of big data analytics, wearable technologies, and the Internet of Things.

The road to addressing the rising demand for these cutting-edge technologies is paved by resilient and scalable IT computing solutions. Because of the pandemic's encouragement of distant work & reliance on computer simulations, the demand for mobile cloud infrastructure has increased significantly. These technologies are being quickly embraced by clinical care providers. By utilizing these systems and solutions, businesses might concentrate on remote work and drastically lower their IT spending, which raises the demand for the mobile cloud in healthcare applications.

Additionally, small-scale advancements in the communication sector have produced wireless communication modules for data transfer in medical devices, which enhances the healthcare management system. The modern mobile application may also process data & launch remote tests as a part of several integrated preventive activities for facilitating improved healthcare services.
Mobile Cloud Market Segments:
The mobile cloud market is segmented by entertainment, utilities, education, healthcare, and other segments based on application type. By generating the largest revenue share in 2023, the entertainment segment topped the mobile cloud market. Under the broad concept of the entertainment industry, there are several sub-industries devoted to entertainment. The modern entertainment business necessitates both the printing of essential content and the streaming of content with intricate graphics.

Asia-Pacific is expected to have rapid growth in the mobile cloud market:

During the forecast period, it is expected that the Asia-Pacific mobile cloud market would grow significantly. The private mobile cloud sector is expected to take control of the market during the forecast period. Since these sectors are the primary end users of mobile cloud, industry verticals like entertainment, utilities, education, healthcare, government, automotive, and industrial have dominated the market. The demand for cloud networking services is surging as a result of the Asia-Pacific (APAC) region's growing use of cloud computing.

The industries that have been most open to embracing cloud networking in APAC are telecommunications, government, defense, financial services, manufacturing, and sovereign cloud providers. During the forecast period, internet banking usage is expected to increase along with smartphone adoption in Asia-Pacific. Notably, a small number of businesses are encouraged to adopt a bring your device (BYOD) policy, which might favorably affect how mobile cloud apps are integrated, supporting the expansion of the industry.

Businesses may make better use of networking resources using the mobile cloud. By enabling industries to employ cloud computing for information technology optimization, the mobile cloud market will help those industries. Manufacturers of mobile networking gear, such as those that produce 5G equipment and those that provide mobile telephony software, can bundle their products with mobile cloud data center orchestration features and supply them to CSPs in local markets as full solutions. However, the government's strict BYOD restrictions may deter businesses from adopting the technology internally, which would restrain the market's expansion in the area.
Competitive Scenario in the Global Market
Acquisition, business expansions & technological advancements are common strategies followed by major market players.There are many big companies in the highly competitive mobile cloud market. Few big firms now control the majority of the market in terms of market share. Additionally, most businesses are expanding their market presence as a result of innovation in the cloud sector, gaining access to customers in the succeeding markets.

By creating a new engineering facility in Bangalore, Baffle Inc., a cloud-based data protection company, increased its global presence & established a presence in the Asia-Pacific region in June 2022. With no code deployment, this center supports popular cloud platforms like Amazon Web Services, Microsoft Azure, IBM Cloud, and Google Cloud Platform without affecting performance or requiring changes to the application.

Fletcher Building teams up with Google Cloud and TCS in March 2022 to use data and digital innovation to accelerate growth. To comprehend the demands and behaviors of its consumers and respond swiftly to market shifts and opportunities, the organization is also expanding its customer data strategy. TCS helps Fletcher Building create a new digital core that is future-ready using Google Cloud by utilizing its multi-horizon cloud transformation architecture and substantial cloud knowledge.
New Development in the mobile cloud market

August 2022 - As Google Cloud strengthens its position in the Asia-Pacific area, new facilities are being constructed in Malaysia, Thailand, and New Zealand. Customers can install cloud resources in this region using cloud computing services such as Compute Engine, Google Kubernetes Engine, Cloud Storage, Persistent Disk, CloudSQL, Virtual Private Cloud, Key Management System, Cloud Identity, and Secret Manager. Usually, additional products are available six months after a new region opens.

Sea-Level Operations in May 2022 Pax8, the top cloud commerce platform, has acquired APAC, a top education firm that provides top-notch coaching, education, and solutions to support businesses in the Asia-Pacific area. This partnership ensures consistency and collaboration while opening up new channels for promoting business maturity, efficiency, and operational excellence in service operations and cyber security thanks to access to professional coaching, scorecard analytics, and tried-and-true training methodologies.
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Mobile Cloud Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 160.14 Bn.


Forecast Period 2024 to 2030 CAGR:
34.1%
Market Size in 2030:
US $ 1248.84 Bn.


 Segments Covered:
by User
Enterprise User
Consumer


by Applications
Gaming
Entertainment
Education
Business & Finance
Social Networking
Healthcare
Travel & Navigation
Others


by Deployment
UBLIC
RIVATE
YBRID



Mobile Cloud Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
Mobile Cloud Market, Key Players are
1. Cisco Systems, Inc.(US)
2. Amazon Web Services(US)
3. Oracle, Inc.(US)
4. Microsoft Corporation(US)
5. Google, Inc.(US)
6. IBM Corporation(US)
7. Akamai Technologies(US)
8. DELL EMC Corporation(US)
9. APPLE Inc.(US)
10. Salesforce.com,(US)
11. Rackspace, Inc.(US)
12. EMC (VMware)(US)
13. Alibaba Group(China)

Frequently Asked Questions:

1] What segments are covered in the Global Mobile Cloud Market report?
Ans. The segments covered in the Mobile Cloud Market report are based on Users and Applications.

2] Which region is expected to hold the highest share in the Global Mobile Cloud Market?
Ans. The Asia Pacific region is expected to hold the highest share in the Mobile Cloud Market.

3] What is the market size of the Global Mobile Cloud Market by 2030?
Ans. The market size of the Mobile Cloud Market by 2030 is expected to reach US$ 1248.84 Bn.

4] What is the forecast period for the Global Mobile Cloud Market?
Ans. The forecast period for the Mobile Cloud Market is 2024-2030.

5] What was the market size of the Global Mobile Cloud Market in 2023?
Ans. The market size of the Mobile Cloud Market in 2023 was valued at US$ 160.14 Bn.