The Managed Mobility Services by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Managed Mobility Services, The managed mobility services market size has grown exponentially in recent years. It will grow from $24.94 billion in 2023 to $31.79 billion in 2024 at a compound annual growth rate (CAGR) of 27.5%. The growth in the historic period can be attributed to proliferation of mobile devices in the workplace, increased focus on employee productivity and mobility, growth of bring your own device (byod) policies, need for cost optimization and efficiency in device management, rising complexity of mobile technologies and applications.
The managed mobility services market size is expected to see exponential growth in the next few years. It will grow to $90.03 billion in 2028 at a compound annual growth rate (CAGR) of 29.7%. The growth in the forecast period can be attributed to increasing demand for mobile application management solutions, growing need for mobile device security solutions, increasing adoption of iot and connected devices, growing demand for managed mobility services in emerging economies, emphasis on remote work and flexible working arrangements. Major trends in the forecast period include integration of artificial intelligence in mobility management, increasing adoption of cloud-based solutions for managed mobility services, increasing focus on providing customized solutions to meet the specific needs of clients, focus on sustainability and environmental impact in mobility services
Outsourcing non-core business activities is driving the growth of the managed mobility services market. Outsourcing is a business process in which companies hire parties outside the firm to carry out a service or create goods which were traditionally performed in-house with the help company’s staff and employees. Non-core business activities such as managed mobility services, staff augmentation, and others are considered to be peripheral or incidental activities, and core items are considered central to the company’s operations. Both larger and small companies outsource non-core business activities to increase in-house efficiencies, cut costs, focus on core competencies, and others. According to a recent survey published in Magellan Solutions, more than 85% of American companies outsource non-core business activities to Indian companies. Thus, an increase in outsourcing of non-core business activities is expected to boost the managed mobility market during the forecast period.
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The managed mobility services market covered in this report is segmented –
1) By Type: Device Management, Application Management, Security Management, Maintenance & Support
2) By Deployment: Cloud, On-Premise
3) By Organization Size: SMEs, Large Enterprises
4) By End-Use Industry: IT and Telecom, BFSI, Healthcare, Manufacturing, Retail, Education, Other End-user Industries
Technological advancement is a key trend gaining popularity in the managed mobility services market. Managed mobility services companies are increasingly adopting advanced and innovative technological tools to better manage the services with increased efficiency and lower costs. For instance, in November 2021, AMI Strategies, the Livonia-based provider of technology expense and mobility management services, launched its proprietary mobility management platform mobilityNOW and made it available in the ServiceNow store. AMI’s mobility NOW app will allow enterprises to extend and enhance their existing ServiceNow investment with the ability to automate and manage the full lifecycle of their mobile and IoT devices from procurement/fulfillment to break/fix to decommissioning of mobile assets.
The managed mobility services market report table of contents includes:
1. Executive Summary
2. Managed Mobility Services Market Characteristics
3. Managed Mobility Services Market Trends And Strategies
4. Managed Mobility Services Market – Macro Economic Scenario
5. Global Managed Mobility Services Market Size and Growth
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26. South America Managed Mobility Services Market
27. Brazil Managed Mobility Services Market
28. Middle East Managed Mobility Services Market
29. Africa Managed Mobility Services Market
30. Managed Mobility Services Market Competitive Landscape And Company Profiles
Top Major Players:
- AT&T Corporation
- Fujitsu Inc
- IBM Corporation
- Wipro Limited
- Orange Business Services SA
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