The Rise Of Workspace Transformation Initiatives To Drive The Managed Mobility Services Market Growth

Managed Mobility Services Market


The Managed Mobility Services Market is estimated to be valued at US$ 5461.59 Mn in 2023 and is expected to exhibit a CAGR of 25.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

The Managed Mobility Services Market is a growing area for telecom service providers and IT companies. Managed mobility services refers to the centralized management and support of cellular/mobile devices being used by enterprise users for business needs. Companies are offering managed mobility services to ensure seamless access to critical business data and applications for remote and field-based employees.

Market Overview:
Managed mobility services provide benefits like reduced operational costs, enhanced security and user experience, and increased workforce productivity for organizations. They allow companies to centrally manage mobile devices and applications of employees from a single portal. Businesses can leverage managed mobility services to streamline their BYOD policies, deploy and update apps remotely, track devices, and provide helpdesk support for issues.

Market key trends:
One of the major trends in the managed mobility services market is the rise of workspace transformation initiatives. To support hybrid work models, companies are increasingly adopting digital workspace solutions and emphasizing employee experience. Managed mobility service providers are addressing this need by offering unified endpoint management, mobile application management, analytics, and remote troubleshooting capabilities. Their managed services help companies globally implement workplace transformation strategies, optimize employee productivity on any device, and ensure security and compliance for organizational data assets. More businesses are partnering with MMS vendors for workspace modernization and to reap associated benefits like competitive differentiation and cost optimization.

Porter's Analysis

Threat of new entrants: New entrants face high initial costs to enter this market due to requirements for strong IT infrastructure and trained workforce. Bargaining power of buyers: Buyers have high bargaining power due to availability of several providers for managed mobility services. Bargaining power of suppliers: Suppliers have moderate bargaining power due to availability of substitutes. Threat of new substitutes: Threat of new substitutes is moderate as organizations can manage mobility requirements in-house. Competitive rivalry: Intense due to presence of several global and regional players.

SWOT Analysis

Strengths: Established base of customers and domain expertise. Weaknesses: Dependency on third party infrastructure providers and vulnerability to cyber threats. Opportunities: Growth in BYOD trend and demand for cloud-based services. Threats: Changing regulations and increased competition.

Key Takeaways

Global Managed Mobility Services Market Size is expected to witness high growth, exhibiting a CAGR of 25% over the forecast period, due to increasing adoption of BYOD trend among enterprises. North America dominates the market currently due to high technology adoption. The region is expected to continue its dominance in the coming years as well owing to presence of major players in countries like US.

Asia Pacific is expected to grow at the fastest rate during the forecast period. Rapid digitalization of enterprises across industries in major countries like China and India is expected to drive the demand.

Key players operating in the Managed Mobility Services market are AT&T Inc., Fujitsu Ltd., Kyndryl (IBM Corporation), Wipro Ltd, Orange SA, TelefÃ3nica SA, Samsung Electronics Co. Ltd, Hewlett-Packard, Vodafone Group PLC, Microsoft Corporation, Tech Mahindra. Major players are focusing on strategic partnerships and acquisitions to expand their presence and service offerings across regions. 

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