Mobile Cloud Market Industry Players to Show High Growth Rate by 2024

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Sarasota, FL — (SBWIRE) — 10/06/2017 — Global Mobile Cloud Market: Overview

For a long time, mobile data security has been a major concern for mobile technology where mobile cloud provides better and reliable solution. Today in the fast world, almost all the music, text, or video files are stored on the cloud. Most of the emerging companies heavily adopt and invest in mobile cloud technology. The mobile computing technique fortifies and secures mobile devices and properly manages data. This technique allowed monitoring and securing of mobile devices from unauthorized sources.

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Global Mobile Cloud Market: Segmentation

The global mobile cloud market is segmented on the basis of applications as entertainment, financial, gaming, travel & navigation, social networking, healthcare, education, and utilities. Based on end-users, the global market is divided as, enterprise and consumers.

Global Mobile Cloud Market: Growth Factors

Growing need for mobile data security and central data management is a prime responsibility of the mobile cloud applications; this is expected to boost the market in the coming years. Bring Your Own Device (BYOD) strategy is getting more popular in the IT sector. This increases adoption of the mobile cloud applications. Mobile cloud apps provide convenient services to the user. Mobile cloud services very smoothly resolve issues associated with data accessibility and availability.

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All these factors are expected to fuel market in future. Escalating demand for mobile cloud applications in a number of devices also drives the market in next few years. Many corporate employees use tablets and smartphones for company data operation accompanied with the mobile cloud application, which is projected to foster the global mobile cloud market growth in the next few years. Conversely, lack of skilled labor and limited resources may hinder the global market growth in future.

Global Mobile Cloud Market: Regional Analysis

Asia Pacific holds the largest market share in the global mobile cloud market. Mobile cloud technology brings drastic changes in this region. It is anticipated to witness high growth in future. Rapid change in the technology and implementation for smooth operation positively impacts the global mobile cloud market growth. China and India are emerging niche markets for the mobile cloud, owing to high demand for advanced technology in these regions. In addition, increasing disposal income in North America is anticipated to fuel the global mobile cloud market in future. Europe also shows a significant growth in the mobile cloud market in the near future.

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Global Mobile Cloud Market: Competitive Players

Some of the major players in the global mobile cloud market are Apple Inc., Amazon Web Services, EMC, Microsoft, Oracle, Google, IBM, and Salesforce.com, Many major players in the global market are opting for new strategies, mergers, and acquisitions in order to expand their market share. For instance, in the annual event, Domopalooza, James and Domo declared the “business cloud” a new “business cloud” along with an additional amount of $130 Million.

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