Increasing Adoption of BYOD in Various Industries to Boost Managed Mobility Services Market Growth
Market Overview:
Managed Mobility Services Market Growth is expected to expand at 29.83% CAGR over the forecast period (2020-2030), according to Market Research Future (MRFR). It can purportedly reach USD 203.16 Billion by 2030. Managed mobility services (MMS) refers to the range of outsourcing and management solutions offered by firms to larger enterprises for smooth functioning. The management of devices and mobile applications coupled with risks posed by them in the light of BYOD can propel the market to new heights in the coming years.
Market Scope:
The surge in cloud-based VDI (virtual desktop infrastructure) solutions coupled with the emergence of workspace-as-a-service solution will offer robust opportunities for the managed mobility services market over the forecast period. Besides the adoption of digital content by consumers will also have a positive impact on the market growth.
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Dominant Key Players on Managed Mobility Services Market Covered are:
- Vodafone Group PLC
- IBM Corporation (U.S.)
- Orange S.A
- Fujitsu Ltd
- Singtel
- StarHub
- Deutsche Telekom AG
- Telefónica S.A
- Celcom Axiata
- AT&T Inc. (U.S.)
- Maxis Bhd
- Wipro Ltd.
- Accenture Plc
- Hewlett Packard Enterprise Co
- PLDT (Smart)
The market for managed mobility services in APAC will be fueled by the rapid usage of BYOD in office settings. Due to its strong existing customer base, Asia Pacific is a rapidly rising segment that is likely to continue its trend in the forecasted time. The increased popularity of MMS solutions in China is also propelling the market forward. Due to the rising subscriber base in emerging economies such as China, India and Brazil, there will be profitable potential in the market for streamlined mobility services. Due to a boom in smartphone adoption & the digitalization of infrastructure in the region, the Asia Pacific region is likely to develop at the quickest rate in the target market.
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Market USP Exclusively Encompassed:
Market Drivers
Increasing Adoption of BYOD in Various Industries to Boost Market Growth
The increasing adoption of Bring Your Own Device (BYOD) practices across different industries will boost market growth over the forecast period. Organizations are implementing BYOD policies to boost productivity without jeopardizing workplace security & privacy. BYOD is in high demand at workplaces in emerging nations such as India & Brazil, where the number of mobile customers is growing. The rise in BYOD usage is causing a demand for effective managed mobility services, which are helping the market to grow.
Lack of Awareness to act as Market Restraint
The lack of awareness amid businesses coupled with the lower cost-visibility in the adoption of managed mobility services may act as market restraints over the forecast period.
Possibility of Complexities to act as Market Challenge
The possibility of complexities at the time of implementation and adoption of open-source platform by SMEs may act as market challenges in the forecast period.
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Segmentation of Market Covered in the Research:
The managed mobility services market is classified based on end use and type.
By type, the mobile device management will lead the market over the forecast period.
By end use, the IT and telecommunication will dominate the market over the forecast period.
Regional Analysis
North America to Remain at Forefront in Managed Mobility Services Market
North America is expected to grow at a rapid pace over the forecast period, thanks to the acceptance of BYOD & remote work by corporations, as well as widespread use of mobile devices by businesses to provide agile services to customers and maintain seamless connectivity among employees in these regions.
Browse In-depth Market Research Report (103 Pages) on Managed Mobility Services Market:
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APAC to Hold Magnificent Growth in Managed Mobility Services Market
Due to the rising IT spending and organizational acceptance of remote work, APAC is likely to grow at a rapid pace. The region's need for managed mobility services could be boosted by the resumption of commerce and investments in enterprise mobility solutions. New jobs and expenditure on mobile application platform management software are expected to grow in the future years, which bodes well for the market. Increased demand for managed mobility services across many telecom platforms & industrial verticals in APAC might bolster the region's market growth. Furthermore, the market is expected to grow at a solid CAGR throughout the forecast period as managed mobility services become more widely adopted. The APAC managed mobility services market is expected to increase because of the strong infrastructure of the telecommunications and IT sectors.
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Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
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