Cloud Market Growing 35% Annually, Relies on Billions of Smart Devices: Qualcomm CEO

The cloud market is growing 35% per year, but relies on smart devices with low energy demands, Qualcomm CEO Cristiano Amon said Monday, streamed from the Mobile World Congress in Barcelona. “Billions of smart devices are going to be connected to the cloud 100% of the time,” he said: “If they’re not connected, they are not as useful. This is an opportunity not only for connectivity but for smart processing, artificial intelligence and everything that is going to happen at the edge.” The size of the cloud may have no limits, he said. “If you believe in the growth of the cloud, then you believe in the growth of Qualcomm and the mobile industry and the edge,” he said.