Global mobile cloud market forecast to hit $46.9 billion
New research suggests that the global mobile cloud computing market will hit $46.9 billion (£30.1 billion) by 2019 as the industry continues to expand quickly.
Research published by ReportsnReports.com forecasts that the sector will expand at a compound annual growth rate of 37.8 per cent in the coming years, allowing it to increase in value from $9.3 billion in 2013.
The Strategic Focus Report – Cloud Computing: Technology and market trends and Mobile Cloud Market by Application & By User (Enterprise User, Consumer) – Worldwide Market Forecast and Analysis (2014-2019) reports give an insight into the future of mobile cloud.
Europe is expected by ReportsnReports.com to be the biggest market in terms of market size, while cloud computing will continue to take off in Latin America and Asia-Pacific between now and 2019.
"The mobile cloud market is fast gaining momentum primarily due to the convenience provided by the mobile cloud apps and services to the users," said ReportsnReports.com. "The present times has seen an extensive rush in the adoption of mobile cloud as it provides users the access to any content simply on a click over one's mobile phone. Further, the mobile cloud market is also growing in pace as users are becoming more responsive towards adapting applications and services pertaining to the mobile cloud."
Using the cloud has become increasingly popular among businesses in the last few years due to the cost effectiveness of this type of technology, while the flexibility and scalability are two further large advantages enterprises have seen from embracing the cloud.
The growing popularity of smartphones and tablet computers around the world have also fuelled the growth of the mobile cloud as members of staff increasingly demand the chance to do their jobs on their personal devices.
However, this means data security and privacy policy compliance are the chief concerns among the companies using mobile cloud-based apps for business purposes.
Businesses looking to move services into the cloud should evaluate the performance of their existing network and consider setting up a leased line or MPLS network.
