Global Managed Mobility Services Market Size |
Managed mobility services allow organizations to manage smartphones, tablets
and other smart connected devices that employees use for work. These services
help protect corporate data and ensure the security of devices accessing
company networks and applications. With the growing adoption of bring your own
device (BYOD) policy across organizations, demand for managed mobility services
has increased substantially.
The global
Managed Mobility Services Market is estimated to be valued at US$ 5461.59 Mn in 2023 and is expected
to exhibit a CAGR of 5.7% over the
forecast period 2023 to 2030, as highlighted in a new report published by
Coherent Market Insights.
Market key trends:
The growing adoption of BYOD trend among organizations has been a major factor
fueling growth of the managed mobility services market. As more employees use
their personal devices for accessing work applications and data, managing these
devices becomes critical from security and network optimization perspective.
Managed mobility services help organizations secure devices and applications
while providing a seamless connectivity experience. They remove the burden of
managing devices from internal IT teams. The advanced capabilities of managed
mobility services such as threat detection, application management and
end-point security have increased their demand substantially among
organizations rolling out BYOD programs at large scale.
Segment
Analysis
Enterprise mobility management segment dominated the market in 2021 which is
expected to remain dominant during the forecast period. Organizations are
increasingly adopting enterprise mobility management solutions to improve
workforce productivity by enabling secure access to business applications and
data on any mobile device. Enterprise mobility management solutions help
enterprises address user experience, security challenges and manage mobile
apps, devices, documents as well as policies.
Key Takeaways
Global
Managed Mobility Services Market Size is expected to witness high
growth. The North America region dominated the market in 2021 owing to high
adoption of digital technologies across various industries in countries like
the US and Canada. Enterprise mobility management solutions segment accounted
for the largest revenue share in 2021 on account of increasing need among
organizations to securely manage corporate-owned as well as bring your own
devices.
Regional analysis: North America is expected to retain its dominance during the
forecast period. Large number of early technology adopters in various end-use
industries and presence of major managed mobility services providers in the
region are driving the market growth. The Asia Pacific region is projected to
register fastest growth during 2023-2030 due to rapid digitalization
initiatives being undertaken by governments as well as private enterprises
across countries like China and India.
Key players operating in the Managed Mobility Services market are Nestle S.A.,
Unilever Plc, PepsiCo Inc., Cadbury Plc, The Coca-Cola Company, Kellogg,
Company, Fifty 50 Foods, Inc., Mars Inc., Newtrition Plus Health and Wellness
Pvt. Ltd, and Herboveda India.
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