by The global Managed Mobility Services Market provides mobility management and security services for devices, applications, content, and operations through its offerings across multiple industries. Managed services help organizations securely support their employees’ personally owned mobile devices, avoid employee resistance to corporate-provisioned devices, and increase employee satisfaction and retention.
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:
BYOD allows employees to use their personal devices for work purposes, providing improved flexibility. However, it also poses security risks for enterprises. Managed service providers help address these risks by offering mobility device management, mobile application management, security services, and technical support. They enable enterprises to safely embrace BYOD without compromising on security or compliance requirements. This trend is expected to continue driving increased demand for managed mobility services over the forecast period.
SWOT Analysis
Strength: Managed mobility services help businesses gain access to enterprise applications and data from any device. This improves workforce productivity and facilitates flexible working models.
Weakness: Security issues associated with managing and securing employee-owned devices can pose risks to enterprise data and applications. There are also additional costs involved in managing a variety of different device types.
Opportunity: Growing popularity of BYOD (bring your own device) practices among organizations presents an opportunity for managed mobility service providers. The increasing use of mobile technologies after the pandemic also drives demand.
Threats: In-house IT departments managing mobility on their own can reduce the need for external managed service providers. Open-source and free mobility management solutions also pose a competitive threat.
Key Takeaways
The global managed mobility services market is expected to witness high growth over the forecast period supported by the increased adoption of BYOD trends among organizations and the rising use of cloud-based solutions. 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.
Regional analysis
North America dominates the managed mobility services market currently due to widespread BYOD adoption and technological advancements in the region. Asia Pacific is expected to grow at the fastest pace owing to growth in international corporations establishing offices in the region and demand increasing from small and medium enterprises.
Key players
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. They provide comprehensive strategies that include device management, application management, security management, and technical support. Winning strategies include offering customized solutions and prioritizing data security, compliance and control.
Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
