The global mobile cloud market is in its evolutionary stage and is exhibiting rapid growth. The global market is expected to grow in the years to come with fast-paced adoption among enterprises. Nowadays, enterprises and consumers are seeking more mobility to remain connected on real-time basis. The continuous development in the field of mobile has improved business communication by providing connectivity to organizational information on the go. The cloud technology has opened better ways of service delivery and IT usage providing scalability and data synchronization to businesses. The amalgamation of cloud and mobile has further enhanced the term mobility as it provides instantaneous information.

The cloud-based apps are increasingly being used as they shift computational tasks on cloud that enhances the functioning of limited memory mobile devices. The growing multi-purpose usage of Smartphones and improved Internet speed has further encouraged consumers to use cloud-based apps. With the emergence of mobile workforce, enterprises are increasingly adopting mobile cloud, to provide real-time information to employees and enable business continuity, so as to provide an enhanced rich user experience to its customers.

The technological development such as One API, Hypervisor, HTML5, and CSS3 has further bridged the gap for overall interoperability of mobile cloud. Telecom network providers and personal cloud providers have been comprehensively offering extensive amount of cloud services to better serve the rising needs of enterprises and consumers. The usability of mobile cloud market technology is immense among enterprises creating a wide prospect for application developers and cloud service providers.

The adoption of mobile cloud is an imperative growth strategy for businesses that are looking forward to enhance their enterprise mobility. Considering the flexibility, scalability, ease of integration, and data synchronization provided by mobile cloud, users are rapidly adopting it. However, the cloud technology among consumers at times faces the challenges such as lack of awareness, and hence its adoption among consumers is moderate. Besides this, consumers are mostly inclined to adopt free mobile cloud-based apps. In spite of data security still being a major concern, enterprises are significantly the major adopters of mobile cloud technology. Various cloud service provider such as Microsoft, Amazon Web Services, and Google offer cloud services catering to both consumers and enterprises. Further, the personal cloud provider and white-label cloud provider are also adding a significant value to the market.

MarketsandMarkets 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% during the forecast period 2014-2019.

Mobile Cloud: Market Size, 2014–2019 ($Million)

Source: MarketsandMarkets Analysis

Mobile Cloud: Market Size and Growth Rate, 2014-2019 ($Million, Y-O-Y %)

Source: MarketsandMarkets Analysis