Enterprise Mobility Market To Surpass Valuation Of US$ 22.79 Bn By 2031
Global enterprise mobility market. In terms of revenue, the global enterprise mobility market is estimated to expand at a CAGR of 20.5% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global enterprise mobility market.
Enterprise mobility is also known as business mobility. It is the increasing trend of businesses providing the remote working option, allowing the use of mobile devices and personal laptops for business purposes, and implementing the use of cloud technology for data access. Enterprise mobility identifies the need for better agility through a modification of the traditional central office business model. The increasing penetration of enterprise mobility in various industries (BFSI, retail, manufacturing, and transportation), is expected to boost the enterprise mobility market.
Enterprise mobility is a set of technologies and services aimed at securing business data on mobile devices used by employees. While it can take numerous forms, it frequently consists of a set of mobile management services and systems that protect intellectual property, specific processes that maintain systems and data security that must interact with a range of enterprise IT systems to address a variety of corporate problems. Enterprise mobility integrates user, application, and content management with high data security to let users easily connect to corporate resources. A mature enterprise mobility solution makes device management and configuration easier and helps with enrolment requests, documents, and distributing apps, thus facilitating collaborations.
Traditional enterprise mobility must be able to offer employees unified access to Intranet sites and it allows the use of VPN to access business data and apps with ease and speed in a remote work environment. The rise in demand for enterprise mobility is presenting new opportunities for players in the market. This is anticipated to fuel the market.
North America is estimated to hold a leading share of the global enterprise mobility market by the end of 2021. Government and BFSI sectors are implementing enterprise mobility solutions primarily due to a growing focus on remote support and control. Enterprise mobility solutions provide a single console to help companies secure and manage their devices. The expansion of IT firms in India, China, and Australia is anticipated to drive the demand for enterprise mobility in the APAC region, which reduces IT help desk calls with remote device troubleshooting. This is anticipated to fuel the growth of the enterprise mobility market.
Key players operating in the global enterprise mobility market are 42Gears Mobility Systems Pvt. Ltd., BlackBerry Limited., Cisco Systems Inc., Citrix Systems, Inc., IBM Corporation, Matrix42 AG, Microsoft Corporation, Miradore Ltd., MobileIron, SAP SE, Social Mobile, SOTI Inc., Tus-NationSky Technology Co., Ltd., Ventraq Corporation, and VMware, Inc.
- Mobile Device Management (MDM)
- Mobile Application Management (MAM)
- Mobile Content Management (MCM)
- Mobile Identity Management (MIM)
- North America
- Asia Pacific (APAC)
- Middle East & Africa (MEA)
- South America
Source: Transparency Market Research