Organizations across the globe are striving to ensure that their employees focus on the core competencies of their business and are hiring third-party service providers to handle their non-core activities.
Managed mobility services - HR activities, lifecycle management activities, and IT resource activities – are emerging as an ideal solution for enhanced enterprise management. Mobile workers form a huge proportion of organizations’ workforce. Over the forecast period, 2020-2030, the global managed mobility services market will witness double-digit adoption rate.
Efficient managed mobility services in workplaces complements security and suitability of enterprise mobility. Several companies are increasingly diverting their focus towards involving innovative technologies in their respective office spaces, which is further fueling the “bring your own device” (BYOD) trend
BYOD help in enhancing work flexibility and employees efficiency, resulting in better overall productivity. Increasing dependency on IT services for enterprise operations is also compelling organizations to look for alternatives to outsource their non-core activities.
Growing number of mobile subscribers in the developing countries such as India, and Brazil are creating huge demand for BOYD at workplaces. Rise in BOYD adoption is triggering the need for efficient managed mobility services, thus, working in favor of market growth.
Influenced by high costs and threat of data theft, several small scale industries are keeping away from leveraging managed mobile services. Given their budget constraints, these companies find it difficult to outsource their IT segment to vendors.
The managed mobility services market is mildly affected amid the COVID-19 pandemic. As per government guidelines, many IT companies have introduced ‘Work from Home’.
Studies reveal that more than 90 percent of employees are working from home due to lockdowns imposed in various parts of many countries. Managed mobility services are highly beneficial at the time of crisis for the companies.
On the flip side, demand for managed mobility services has decreased significantly from the electronic industry. The end-use industry is not focusing upon new product development as a part of cost cutting method. Involvement of artificial intelligence (AI) is cost-intensive procedure hence its application is limited to large-scale enterprises amid the pandemic.
Asia Pacific (APAC) continues to hold leading share in global managed mobility services market, primarily fueled by increasing use of managed mobility services in electronic manufacturing sector owing to increasing integration of AI and cloud technologies in electronic sector.
China majorly represents the managed mobility services in APAC. Supportive government initiatives towards R&D and huge investments in technological innovation is anticipated to increase the usage of managed mobility services in the region. Surging adoption of BYOD in office spaces would further drive the APAC managed mobility services market.
Market incumbents are focusing on innovative technologies and R&D to uphold their hegemony in marketplace. They are entering into collaboration with regional players to further expand their market footprint.
For instance, AkzoNobel has announced its collaboration with Orange Business Services to drive the digital transformation with secured end-to-end global connectivity services. Moving ahead, Wipro has announced to lead E.ON’s operations with its consumption-based hybrid cloud hosting strategy powered by AI.
Managed mobility service market can be segmented on the basis of the following,
By Solution
By Industry
By End User
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Managed Mobility Services Market
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