The Global Market for Enterprise Mobile Cloud Computing is Forecast to Reach US$31.1 Billion by 2024
Robust Adoption Of Mobile-First Cloud Strategies Among
Enterprises Drives the Growth of Enterprise Mobile Cloud Computing, According
to a New Report by Global
Industry Analysts, Inc.
GIA launches comprehensive analysis of
industry segments, trends, growth drivers, market share, size and demand
forecasts on the global Enterprise Mobile Cloud Computing market. The global market for Enterprise Mobile Cloud
Computing is forecast to reach US$31.1 billion by 2024, driven by the robust adoption of mobile-first cloud
strategies among enterprises, supported by promised benefits of lower costs,
increased productivity and agility, and minimized mobility infrastructure and management
burdens.
Modern life in the 21st century is
heavily dependent on connectivity and mobility. While until now the focus was
on infrastructure development, advancements in persistent network connections
and mobile computers have unleashed emphasis on extending benefits of
infrastructure to mobile users. Mobile workers in the modern enterprises
require access to corporate applications and resources without having to log-in
or be wired to enterprise networks via Ethernet ports. Infrastructure therefore
needs to be extended and ad-hoc sub-systems need to be created to support the
growing base of mobile devices. Mobility is no longer a choice, rather it has
evolved into a necessity for modern enterprises and businesses. With people
becoming increasingly mobile supported by the proliferation of affordable
mobile computing devices and mobile network technologies, the next logical need
is for resources such as data, apps, and infrastructure to also become mobile.
Smart mobility has become the bedrock of business success in the rapidly
changing market environment, where agility marks the difference between success
and failure. Real-time access to enterprise grade resources is the key to
generating value and encouraging innovation in business processes.
Enterprise mobility and cloud computing
are today inextricably interlinked. Recipe for business success include
combining Business Intelligence, Enterprise Mobility and Cloud Computing. As a
result every company today requires a mobile cloud computing strategy. Over 70%
of companies by the year 2020 will utilize cloud services through mobile
devices. Defined as the provision of enterprise resources to mobile/portable
computing devices like smartphones via the Internet, enterprise mobile cloud
computing is poised for a period of rapid growth supported by the penetration
of HTML5, wider mobile broadband coverage, and the indispensability of
real-time collaboration for true value creation. Few of the benefits driving
adoption of enterprise mobile clouds include ability to share resources and
applications thereby resulting in low CAPEX load; supports all types of mobile
devices irrespective their hardware and software configuration; supports
real-time collaboration capabilities; enables anytime, anywhere access to
enterprise resources; higher levels of safety and security as valuable
enterprise data is stored on the cloud and not the device; on-the-go
accessibility; dynamic provisioning; unlimited on-demand scalability;
multi-tenancy and lower service costs; ability to run applications via a
browser; and ability to integrate multiple services of various cloud service
providers onto a single platform.
As stated by the new market research
report on Enterprise Mobile Cloud Computing, the United States represents the largest market
worldwide. Asia-Pacific ranks as the fastest growing market with a CAGR of 30.6%
over the analysis period led by the development of the enterprise sector; increased
investments in enterprise IT; aspiration of developing countries to emerge into
the forefront of IT revolution; and growing cloud readiness of Asian economies.
The growth in the region is also benefiting from the growing interest in
investing in disruptive and transformative enterprise technologies that are vital
for innovation, growth and enterprise agility especially against the backdrop
of rising global competition and expanding opportunities offered by Asia's role
as the global outsourcing marketplace for both manufacturing and services.
Major players in the market include Amazon
Web Services Inc., AT&T, CA Inc., Cisco Systems Inc., Egenera Inc., Google
Inc., iLand, International Business Machines Corp., Microsoft Corporation,
NOMADESK NV, Oodrive, Oracle Corporation, Rackspace, Salesforce.com Inc., SAP
SE, V2Soft Inc., and Vodafone Limited, among others.
The research report titled
“Enterprise Mobile Cloud Computing: A Global Strategic
Business Report” announced by Global
Industry Analysts Inc., provides a comprehensive
review of market trends, issues, drivers, mergers, acquisitions and other
strategic industry activities of global companies. The single segment report provides market
estimates and projections for all major geographic markets such as the USA,
Japan, Europe (France, Germany, Italy, UK, Spain and Rest of Europe),
Asia-Pacific (China and Rest of Asia-Pacific) and Rest of World.
Global Industry
Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.
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