Global Mobile Cloud Market (Business Opportunities - Home Business)

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Global Mobile Cloud Market

Global Mobile Cloud Market was valued at USD 42.90 Bn in 2019 and is expected to reach at USD 266.88 Bn by 2027 at a CAGR of 25.67% over forecast period 2020-2027.

Global Mobile Cloud Market

The report covers an in depth analysis of COVID 19 pandemic impact on Global Mobile Cloud Market by region and on the key players revenue affected till April 2020 and expected short term and long term impact on the market.

Global Mobile Cloud Market Dynamics:

Mobile Cloud Computing is an infrastructure where both the data storage and the data processing happen outside of the mobile device. Mobile cloud applications move the computing power and data storage away from mobile phones and in to the cloud, bringing applications and mobile computing to not just smart phone users but a much broader range of mobile subscribers. Mobile cloud computing helps reducing the running cost for intensive applications that take long time and large amount of energy when performed on the limited-resource mobile devices. Many of the enterprisers are adopting mobile cloud computing as a profitable business because it reduces the development, execution cost of mobile applications, and mobile users are enabled to acquire new technology as an on-demand basis. Major drivers for the growth of mobile cloud technology market are the rising adoption of cloud-based technology and advancements in mobile devices and increasing availability mobile internet broadband are covered in this report.

However, factors such as malicious attacks which raises concerns for data security, high energy consumption by mobile cloud computing are restraining the market growth over forecast period.

Target State: All States
Target City : All Cities
Last Update : Jul 18, 2020
Number of Views: 58
Item  Owner  : ASHWINI
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2020-11-29 (0.072 sec)