Managed Mobility Services Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

Overview and Scope
Managed mobility services refer to the procurement, provisioning, and management of devices used by enterprises’ mobile and remote employees to ensure compliance with the enterprise environment. Managed mobility services provider eases the burden of the corporate IT department by handling the management complexity of multiple device platforms.

Sizing and Forecast
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.

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Segmentation & Regional Insights
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

North America was the largest region in the managed mobility services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the managed mobility services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
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.

Key Industry Players
Major companies operating in the managed mobility services market report are AT&T Corporation, Fujitsu Inc., IBM Corporation, Wipro Limited, Orange Business Services SA, Kyndryl Inc., Telefónica SA, Samsung Electronics Co. Ltd., Hewlett Packard Enterprise Company, Vodafone Group plc, Microsoft Corporation, Tech Mahindra Limited, Deutsche Telekom AG, Accenture plc, Maxis Communications, Digital Management Inc., DXC Technology Company, Unisys Corporation, Verizon Communications Inc., Mobile Solutions Services Inc., Stratix Corporation, Vision Wireless LLC, HCL Technologies Limited, Capgemini SE, Cognizant Technology Solutions Corporation, Infosys Limited, Tata Consultancy Services Limited, NTT Data Corporation, Dimension Data Holdings plc, Octal Software LLP

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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31. Global Managed Mobility Services Market Competitive Benchmarking

32. Global Managed Mobility Services Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Managed Mobility Services Market

34. Managed Mobility Services Market Future Outlook and Potential Analysis

35. Appendix