Global enterprise mobility market was valued at $30.1 billion in 2015 and is estimated to grow at a CAGR of 14.7% from 2016 to 2024.
Factors such as increasing use of mobile devices, rapid adoption of BYOD culture, and growing need for real-time decision making are significantly driving the market growth. The staff in today’s enterprises is required to stay mobile and connected to enable real time decision making from any location. The entire ecosystem of employees, partners, and vendors are continuously connected through a network of devices and IT platforms. Several organizations across different verticals are developing products and solutions to cater to the desktop and mobile platforms.
Some of the key benefits associated with the use of enterprise mobility solutions include:
- Higher workforce productivity
- Increase in innovation
- Shift towards a mobile ready strategy
- Faster access to last mile information and informed decision making
- More flexible and accurate forecasting
The enterprise mobility market is categorized based on devices into smartphones, laptops and phablets. Based on the component, the segmentation includes software, services and security. In 2015, the software segment accounted for the majority revenue share and is anticipated to continue its dominance over the forecast period.
Based on vertical, the market is categorized into BFSI, automobile, manufacturing, IT & telecom, retail, healthcare, transportation & logistics, and energy & utilities.
In 2015, North America held the maximum revenue share and is anticipated to extend its lead over the forecast period. The high-paced life of employees, availability of wide cellular and internet connectivity, the presence of stringent security guidelines, high usage of smartphones and phablets for office work are some of the key reasons for the high dominance of this region.
The organizations in Asia Pacific are also anticipated to shift towards a mobile ready strategy in line with their western counterparts. Increasing globalization and adoption of superior work practices is expected to drive the regional market growth over the forecast period significantly.
“Optimal Price Point (OPP) for Enterprise Mobility”
Estimated Average solution cost – $ xx globally. The pricing and business models in the market are unique in different regions and differ based on the technological infrastructure present in that region. However, with growth in data analytics, cloud technology growing solution implementation and increasing number of new entrants, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.
“Cisco Systems, Blackberry Limited, IBM, Infosys, Tech Mahindra, Capgemini, AT&T, Oracle Corporation, and Accenture lead market growth”
Key players include Cisco Systems, Blackberry Limited, IBM, Infosys, Tech Mahindra, Capgemini, AT&T, Oracle Corporation, Accenture and others. Major industry participants emphasize on seeking correlations across multiple disparate data sources and predicting customer behavior in order to achieve competitive advantage.
Enterprise Mobility Market, by Device (Revenue, USD Billion)
Enterprise Mobility Market, by Component (Revenue, USD Billion)
Enterprise Mobility Market, by Deployment (Revenue, USD Billion)
Enterprise Mobility Market, by Industry Vertical (Revenue, USD Billion)
- IT & Telecom
Enterprise Mobility Market, by Region (Revenue, USD Billion)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
- Saudi Arabia