The managed mobility services global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Managed Mobility Services Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
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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Scope Of Managed Mobility Services Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers –
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.
Market Trends –
Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.
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
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Regional Insights –
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
Key Companies –
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
Table of Contents
- Executive Summary
- Managed Mobility Services Market Characteristics
- Managed Mobility Services Market Trends And Strategies
- Managed Mobility Services Market – Macro Economic Scenario
- Global Managed Mobility Services Market Size and Growth
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- Key Mergers And Acquisitions In The Managed Mobility Services Market
- Managed Mobility Services Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Managed Mobility Services Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Managed Mobility Services Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Managed Mobility Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 75: AT&T Corporation Financial Performance
Table 76: Fujitsu Inc. Financial Performance
Table 77: IBM Corporation Financial Performance
Table 78: Wipro Limited Financial Performance
Table 79: Orange Business Services SA Financial Performance
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