Managed Mobility Services allows interactions with mobile office workers and permits them to communicate with resources that have earlier been only available for PC users, such as databases, business email and other business content. To do so, a Managed Mobility Services server transfers the inferred content to particular mobile applications.
The Global Managed Mobility Service Market is estimated to account for US$ 4,193.5 Mn in terms of value by the end of 2022.
Global Managed Mobility Services Market: Drivers
The reactive programs can fuel these savings to as much as over USD 1,300 annually per employee. For SMBs, these price savings can add up fast and can ensure these SMBs’ to secure their bottom line while enhancing employee productivity. And As per to Cisco, enterprises with BYOD policy in place save on average USD 350 annually per employee.
Global Managed Mobility Services Market: Opportunities
The usage of mobile devices at the workplace comes with many benefits, and the biggest one is that it rises staff productivity. Delegating routine and menial tasks to artificial intelligence and establishing self-learning algorithms may help decrease human workload and make AI one of the most critical managed mobility services trends in the future.
Global Managed Mobility Services Market: Restraints
Furthermore, it is hard for a managed mobility service supplier to increase prices to the real market value over contract renewal because end users will fight a major rise. And secondly, commoditization and margin erosion becomes a self-fulfilling prophecy as opposing with the managed mobility service offeror fuels one another's rates down.
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Global Managed Mobility Services Market - Impact of Coronavirus (Covid-19) Pandemic
The Covid-19 outbreak led a significant impact on the growth of the global Managed Mobility Services market as in consumer usage, mobile phones are mostly ubiquitous and display same trends in the enterprise. Hence, the deployment of suitable controls for the device in organizations is anticipated to advent them from mobility chances while guaranteeing that sensitive data and devices are secured.
The global Managed Mobility Services market was valued at US$ 3462.10 Mn in 2021 and is forecast to reach a value of US$ 26,020.49 Mn by 2030 at a CAGR of 25.6% between 2021 and 2030 .
Mobile Device Management segment held dominant position in the global Managed Mobility Services market in 2020, accounting for 36.1% share in terms of value, increasing approval and launch of new products is expected to propel growth of the segment during the forecast period.
Global Managed Mobility Services Market Trends:
In the past few years, various organizations have used hybrid cloud technology to streamline business procedures, like time tracing, expenditure report management, customer association management, etc. It enhances remote workforce assistance, security, and threat management and improves scalability and management of data. This is anticipated to further fuel the managed mobility service market in the coming years.
The rising acquirement of hyperscale data centers, twined with cloud computing, is anticipated to supplement the acquirement of solutions, such as managed services in the future. Cisco Systems evaluated that the number of hyperscale data centers by the end of 2021 is anticipated to cross 628 from 259 in 2015.
Global Managed Mobility Services Market: Competitive Landscape
Major players in the global managed mobility services market are AT&T Inc., Fujitsu Ltd., Kyndryl (IBM Corporation), Wipro Ltd, Orange SA, Telefónica SA, Samsung Electronics Co. Ltd, Hewlett-Packard, Vodafone Group PLC, Microsoft Corporation, Tech Mahindra.
Global Managed Mobility Services Market: Recent Developments
In July 2021, Hewlett Packard Enterprise adopted Zerto, a cloud data management and protection company. Zerto is the most favored supplier of above 350 managed service suppliers and 9,000+ customers for disaster recovery, ransomware protection, and application and data mobility in hybrid multi-cloud surrounding.