Market Size of North America Mobile Cloud Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 28.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
North America Mobile Cloud Market Analysis
The North America mobile cloud market is anticipated to register a CAGR of 28% during the forecast period (2022 - 2027). The outbreak of the COVID-19 pandemic has resulted in advancements and refinements in the realm of cloud-related services. The mobile cloud business and its computing environment consist of fast-paced practices for services that reflect the trend of maintaining data. The onset of this pandemic caused massive dislocation and disruption in supply chains. The cloud segment across the enterprises continues to make notable progress in environment-friendly innovations that meet consumer demand for a more sustainable community. There is a noticeable rise in awareness about high-performance mobile cloud platforms that have catered to the growing need across various end-user segments.
North America is expected to have the highest share of the global cloud communication platform market. This is due to the US market's early adoption of cloud-based networks. The crunch in resources to create in-house facilities and the increasing incidence of BYOD are helping the North American market generate the highest revenue.
The overwhelming need for central data management and security for multiple types of mobile devices has led to the increasing usage of mobile cloud applications. This trend is also prominent in organizations that have adopted the 'Bring Your Own Device' (BYOD) strategy. Such growing acceptance of mobile cloud applications has led to notable trends in the IT sector.
The continuous evolution of cloud computing and the increasing adoption lead to an upsurge in mobile cloud usage. The mobile cloud offers access to cloud-based applications and services directly to portable devices, creating ease in accessing applications or services stored with desired data on any device.
The substantial growth in smartphones and other portable devices is likely to create new avenues and opportunities for cloud service providers and application developers to penetrate the market.
The concerns over cybersecurity and increasing cybercrimes could hinder the market's growth as some applications are not secured, with data security issues.
North America Mobile Cloud Industry Segmentation
The mobile cloud refers to cloud-based data, applications, and services designed specifically to be used on mobile and other portable devices. It enables the delivery of applications and services to mobile users that are powered from a remote cloud server or environment. Mobile cloud uses cloud computing to deliver applications to mobile devices.
The report includes an in-depth analysis of the growth of and quantitative demand for mobile cloud in the market based on different user types, end-user industries, and geography.
The North America mobile cloud market is segmented by user type (enterprise and consumer), end-user industry (gaming, finance and business, entertainment, education, healthcare, and travel), and geography.
| User Type | |
| Enterprise | |
| Consumer |
| End-user Industry | |
| Gaming | |
| Finance and Business | |
| Entertainment | |
| Education | |
| Healthcare | |
| Travel | |
| Other End-user Industries |
| Geography | |
| United States | |
| Canada |
North America Mobile Cloud Market Size Summary
The North America mobile cloud market is poised for significant growth, driven by the rapid adoption of cloud-based services and the increasing prevalence of mobile devices. The COVID-19 pandemic has accelerated advancements in cloud technologies, prompting businesses to enhance their cloud offerings to meet the rising demand for data management and security solutions. The region's early adoption of cloud networks, particularly in the United States, has positioned it as a leader in the global cloud communication platform market. The trend towards Bring Your Own Device (BYOD) strategies has further fueled the demand for mobile cloud applications, as organizations seek to streamline operations and improve data accessibility across various devices. Despite concerns over cybersecurity, the mobile cloud market continues to expand, with healthcare applications gaining traction due to the need for remote diagnostics and improved healthcare management systems.
The North American mobile cloud market is characterized by substantial investments in consumer electronics and the implementation of IoT technologies, supported by a robust IT infrastructure. The region's growth is further bolstered by rapid technological advancements in smart gadgets and increased business operations. Key players in the market, including Oracle, Microsoft, IBM, Amazon Inc, and Google LLC, are actively launching new initiatives to enhance cloud capabilities. Collaborations, such as those between Verizon and Google Cloud, aim to integrate cloud services with mobile and connected devices, enabling real-time enterprise applications. As the market evolves, it presents numerous opportunities for cloud service providers and application developers to expand their presence and capitalize on the growing demand for mobile cloud solutions.
North America Mobile Cloud Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porter's Five Forces Analysis
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1.2.1 Bargaining Power of Suppliers
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1.2.2 Bargaining Power of Buyers
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1.2.3 Threat of New Entrants
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1.2.4 Intensity of Competitive Rivalry
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1.2.5 Threat of Substitute Products
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1.3 Industry Policies
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1.4 Assessment of Impact of the COVID-19 Pandemic on the Industry
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2. MARKET SEGMENTATION
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2.1 User Type
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2.1.1 Enterprise
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2.1.2 Consumer
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2.2 End-user Industry
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2.2.1 Gaming
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2.2.2 Finance and Business
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2.2.3 Entertainment
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2.2.4 Education
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2.2.5 Healthcare
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2.2.6 Travel
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2.2.7 Other End-user Industries
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2.3 Geography
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2.3.1 United States
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2.3.2 Canada
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North America Mobile Cloud Market Size FAQs
What is the current North America Mobile Cloud Market size?
The North America Mobile Cloud Market is projected to register a CAGR of 28% during the forecast period (2024-2029)
Who are the key players in North America Mobile Cloud Market?
Oracle, Microsoft, IBM, Amazon Inc and Google LLC are the major companies operating in the North America Mobile Cloud Market.
