Managed Mobility Services Market Future Scope, Segmentation, Regional Outlook and Forecast to 2030
Managed Mobility Services Market is expected to expand at 29.83% CAGR & 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 study includes an overview of emerging developments in the Managed Mobility Services Industry. In addition, the study describes the effect of the novel COVID-19 pandemic on the global managed mobility services market. Managed mobility services relate to outsourcing and are offered by many businesses for the smooth functioning of organizations. This allows organizations to provide a more diverse environment and also offers regular updates. The research report provides deep insights into the global market revenue, parent market trends, Managed mobility services market share, size, macro-economic indicators, and governing factors, along with market attractiveness per market segment.
Managed Mobility Services Market Dynamics
The key benefit of managed mobility services is that the responsibility of business operations is shifted and thus helps to save time. Rising adoption of BYOD policies by a variety of organizations is the primary driver of the market.
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Managed Mobility Services Market Key Players
List of Key Companies Covered in this Report
- Deutsche Telekom AG (Germany)
- Maxis Bhd (Malaysia)
- IBM Corporation (U.S.)
- Vodafone Group PLC (U.K.)
- Singtel (Singapore)
- Accenture Plc (U.S.)
- StarHub (Singapore)
- Wipro Ltd. (India)
- Telefónica S.A. (Spain)
- PLDT (The Philippines)
- Orange S.A (France)
- Fujitsu Ltd
- AT&T Inc. (U.S.)
- Hewlett Packard Enterprise Co. (U.S.)
- Celcom Axiata (Malaysia)
Managed Mobility Services Market Segmentation
The global market for managed mobility services has been segmented into type and end-user.
By type, the global managed mobility services market has been segmented into mobile device management, application management, security management, support, and maintenance. Mobile device management led the market for managed mobility services, reaching USD 1,719.1 million in 2017, and application management is projected to expand by 32.56% at the fastest CAGR.
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Mobile device management is referred to as security software used by the company's IT department to monitor, manage, and secure employee devices from theft and other malicious attacks. Mobile devices are used by employees across various mobile service providers and across multiple operating systems used in the company. The mobile device management segment is projected to have the largest market share. Due to an increase in the number of BYODs adopted by companies to achieve a competitive advantage. Mobile device management is expected to expand due to the high use of mobile devices to access business content. It is also predicted that the security function will increase growth opportunities with a high CAGR during the assessment period.
Application management relates to the process or practice of maintaining, managing the operation, upgrading the application to the latest version, and during its life cycle. Application lifecycle management, application portfolio management, and application performance management are the main functions of application management. The factors propelling the growth of the application management function include the growing adoption of ready-made solutions and an increasing number of organizations that adopt ready-made solutions to maintain application management services.
By the end-user, the global managed mobility services market has been segmented into healthcare, hospitality, retail, entertainment, transportation, and consumer utility services, financial services, media & entertainment, travel & hospitality, and others. The IT & telecommunications industry dominated the global market for managed mobility services, hitting USD 1,094.4 million in 2017. Health care is also rising at CAGR of 34.46%.
Managed Mobility Services Market Regional Analysis
The regional analysis of the global managed mobility services market is being studied for the region such as Asia Pacific, North America, Europe, and the Rest of the World.
North America is expected to have the largest market share, while the Asia Pacific is projected to rise at the fastest pace during the forecast period. The significant growth in the market for managed mobility services in North America is due to technological advances and the growing usage of the Internet, mobiles, and tablets in the region.
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Key Points Covered in the Report:
- The Managed Mobility Services research assesses the industry’s share in terms of demand and supply, as well as volume.
- The study mentions the market share acquired by each product category in terms of consumption value and volume.
- The report meticulously discusses financial records of cumulative sales and overall income gathered by each product category.
- The study includes information on the major organizations’ sales, product pricing methods, revenue shares, and gross margins.
- The operational base of the listed enterprises throughout many locations, as well as their distribution methods, is considered.
- There is also information on the market concentration ratio, partnerships, alliances, acquisitions, new rivals, and other significant changes.
Major Points from TOC:
- Global Managed Mobility Services Overview
- Executive Summary
- Production and Capacity by Region
- Production, Revenue, Price Trend by Type
- Key Players Analysis
Continued…
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