Managed Mobility Service Trends and Forecast
The future of the global managed mobility service market looks promising with opportunities in the healthcare, manufacturing, telecom & it, financial service, and retail markets. The global managed mobility service market is expected to reach an estimated $20.1 billion by 2030 with a CAGR of 20.1% from 2024 to 2030. The major drivers for this market are increasing adoption of mobile devices in the workplace, demand for cost-effective solutions and improved productivity, and growing complexity of mobile ecosystems.
• Lucintel forecasts that SMEs is expected to witness the higher growth over the forecast period.
• Within this market, healthcare is expected to witness the highest growth.
• APAC is expected to witness highest growth over the forecast period.
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Emerging Trends in the Managed Mobility Service Market
As the managed mobility services market expands, several emerging trends are expected to drive market growth. Below are five critical trends to monitor:
• Increased Cloud Adoption: Companies are migrating towards cloud-based mobility solutions to improve flexibility and scalability. Operational data can be accessed and managed off-site instantly, leading to more efficient operations.
• Focus on Security Solutions: With the increase in cyber threats, there is a growing need for organizations to enhance security strategies within their mobility solutions. Managed services now incorporate sophisticated protective measures, such as data compliance checks and endpoint threat mitigation.
• Integration of IoT Devices: The adoption of IoT devices is driving the demand for mobility-focused convergence solutions. Organizations are seeking management solutions that help sync and manage multiple devices within the same service, improving data acquisition and processing.
• Customization and Personalization: There is a shift towards mobility solutions tailored to the specific needs of different sectors. Service providers are developing platforms that can be customized to industries such as healthcare, logistics, and finance to enhance functional relevance and compliance.
• AI and Automation: AI and automation are seeing significant growth in employee mobility services. These tools enable predictive maintenance, more effective device management, and a deeper understanding of usage patterns.
The emergence of these trends is reshaping the managed mobility services market, prompting service providers to innovate and adapt their offerings to meet evolving customer needs.
Recent Developments in the Managed Mobility Service Market
Recent changes in the managed mobility services market have been driven by both technological advancements and market challenges. Here are five key trends to note:
• Improved Measures to Prevent Data Security Incidents: Service providers are implementing stronger protective measures to prevent both external and internal data leaks and fraud. Tactics include encryption, multi-level access controls for employees, and periodic compliance checks to safeguard classified data.
• Advent of 5G Networks: The deployment of 5G networks has enhanced managed mobility services by improving real-time information processing and communication, leading to better service delivery and customer satisfaction.
• Integration with Enterprise Solutions: Managed mobility services are being integrated with existing enterprise systems, such as ERP and CRM, to facilitate quicker decision-making and operational efficiency across organizations.
• Expansion of Managed Services Functionality: Managed service providers are expanding their offerings to include device lifecycle management, application management, and analytics, meeting the growing demands of businesses.
• Emphasis on Incorporating Sustainable Practices: In response to environmental concerns, companies are incorporating environmentally sustainable devices and practices into their mobility management strategies. This trend reflects a broader commitment to corporate social responsibility.
These developments are transforming the managed mobility services market by providing enhanced, secure, and interdependent solutions that meet the varying requirements of businesses.
Strategic Growth Opportunities for Managed Mobility Service Market
The managed mobility services market offers several growth opportunities across various sectors. Here are five strategic opportunities for growth:
• Healthcare Sector: There is increasing demand for safe and efficient healthcare mobility solutions, such as telemedicine and patient management systems. MMS providers can capitalize on this demand to deliver solutions that improve patient care and streamline management processes.
• Logistics and Supply Chain: As logistics businesses seek to improve the tracking and management of shipments, mobility solutions can enhance fleet management and provide greater visibility across the entire supply chain, maximizing operational efficiency.
• Management of Remote Workforce: With the rise of remote work, businesses need solutions to manage mobile devices effectively. Service providers can offer secure connectivity solutions that enhance the productivity of mobile workers.
• Transformation of the Retail Sector: The retail industry is increasingly focusing on mobile technology to enhance customer relations and stock management. MMS providers can deliver solutions that improve the shopping experience and streamline the management of mobile devices in retail operations.
• Education and E-Learning: The growth of online learning presents opportunities for MMS providers to offer solutions that manage studentsÄX%$%X devices and facilitate the distribution of educational materials, supported by high-speed internet.
These growth opportunities are expected to shape the future of the managed mobility services market, encouraging service providers to innovate and expand their service offerings to attract new markets.
Managed Mobility Service Market Driver and Challenges
Managed Mobility Services in healthcare can be influenced by several factors such as technological, economic, and regulatory issues. The following are the most notable drivers and constraints. Additionally, various drivers influence the managed mobility services market, including technological developments and market requirements for mobile management. However, some issues like security concerns and compliance policies hinder the marketÄX%$%Xs potential growth.
The factors responsible for driving the managed mobility service market include:
• Increasing Mobile Device Usage: As smartphones and tablets become more commonplace in the workplace, the need for managed mobility services is inevitable. Organizations face the challenge of efficiently managing a large number of devices, leading to the rising trend of MMS.
• Focus on Data Security: With the rise in cyber threats, companies recognize the need to secure mobile environments as a primary concern. Companies offering managed mobility services are becoming more attractive due to their advanced security features built into such services.
• Rise of Remote Work: The current trend of remote work has created a demand for quick and effective mobile management systems. Companies are seeking services that facilitate mobile employees, enhancing productivity and collaboration.
• Technological Advancements: The evolution of technologies such as artificial intelligence and the Internet of Things is rapidly changing mobility management. These advancements assist in better management and analysis of devices and drive the adoption of managed services.
• Cost Reduction Initiatives: Organizations are constantly looking for ways to reduce costs, and one area of focus is delocalizing mobility management. Managed services make mobility management less labor-intensive, reducing costs.
Challenges in the managed mobility service market include:
• Security Concerns: Despite progress, the risk of data breaches and cyber-attacks remains a significant concern. Managed service providers must ensure that security concerns are adequately addressed to reassure clients about the safety of managed services.
• Regulatory Compliance: Adhering to local and global regulations is challenging, especially in dynamic sectors like healthcare and finance. Managed mobility services providers must offer solutions within the regulatory framework.
• Market Competition: The MMS market is growing rapidly, with many service providers offering similar solutions. To gain a competitive advantage, providers must develop unique services.
Addressing these drivers while consciously tackling challenges is shaping the managed mobility services market. The increasing usage of mobile devices, coupled with the concern for security, drives growth, while compliance and competition remain challenges companies must overcome to grow in the market.
List of Managed Mobility Service Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies managed mobility service companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the managed mobility service companies profiled in this report include-
• Fujitsu
• Orange
• Hewlett-Packard
• Wipro
• Telefnica
• AT&T
• Accenture
Managed Mobility Service by Segment
The study includes a forecast for the global managed mobility service by function, organization size, end use, and region.
Managed Mobility Service Market by Function [Analysis by Value from 2018 to 2030]:
• Device Management
• Application Management
• Security Management
• Support & Maintenance
Managed Mobility Service Market by Organization Size [Analysis by Value from 2018 to 2030]:
• SMEs
• Large Enterprises
Managed Mobility Service Market by End Use [Analysis by Value from 2018 to 2030]:
• Healthcare
• Manufacturing
• Telecom & IT
• Financial Services
• Retail
• Others
Managed Mobility Service Market by Region [Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
Country Wise Outlook for the Managed Mobility Service Market
The managed mobility services (MMS) market has developed considerably over the years due to the increased deployment of mobile devices and the need for efficient management across various industries. The technology has been on the rise due to advancements in cloud solutions and enhanced security systems. The following points illustrate MMS market trends and developments in the U.S., China, Germany, India, and Japan.
• United States: The U.S. market is experiencing rapid growth in MMS due to the increasing demand for cloud solutions and data security. Companies outsource mobility management to achieve greater efficiency, and major technology firms are investing in advanced analytics for better device management. The rising demand for compliance solutions, which have been challenging for IT staff to handle, has also boosted the need for managed services.
• China: The MMS market in China is expected to grow rapidly as mobile users and enterprises experience significant expansion. Improved network systems and the increasing number of smartphone users have led to greater utilization of managed mobility services. Domestic enterprises are focusing on providing solutions that address the company’s daily challenges, particularly in production and logistics, to optimize productivity and efficiency.
• Germany: In the MMS industry, German companies emphasize data privacy and compliance, especially given the General Data Protection Regulation (GDPR) in the European Union. Organizations are turning to managed services to manage mobile devices while complying with local laws. The demand for end-to-end mobility management services is also driven by the use of IoT devices in various industries for better data capture and insights.
• India: Although still relatively new, the MMS market in India is evolving as organizations adopt strategies to reduce operational costs. The trend toward remote work and the increased use of mobile applications have heightened the need for managed services. Businesses are focusing on security and device management, with many adopting cloud-based solutions that offer flexibility and growth potential. Additionally, government policies aimed at driving digital transformation are fueling market growth.
• Japan: The MMS market is expanding in Japan, particularly in industries like healthcare and automotive. There is growing interest in MMS as organizations seek to enhance operational efficiency and customer experiences. Japanese companies are integrating artificial intelligence and machine learning into their mobility management strategies to enable predictive analysis and improve device support and management.
Features of the Global Managed Mobility Service Market
Market Size Estimates: Managed mobility service market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Managed mobility service market size by function, organization size, end use, and region in terms of value ($B).
Regional Analysis: Managed mobility service market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different function, organization size, end use, and regions for the managed mobility service market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the managed mobility service market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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FAQ
Q1. What is the managed mobility service market size?
Answer: The global managed mobility service market is expected to reach an estimated $20.1 billion by 2030.
Q2. What is the growth forecast for managed mobility service market?
Answer: The global managed mobility service market is expected to grow with a CAGR of 20.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the managed mobility service market?
Answer: The major drivers for this market are increasing adoption of mobile devices in the workplace, demand for cost-effective solutions and improved productivity and growing complexity of mobile ecosystems.
Q4. What are the major segments for managed mobility service market?
Answer: The future of the managed mobility service market looks promising with opportunities in the healthcare, manufacturing, telecom & it, financial service, and retail markets.
Q5. Who are the key managed mobility service market companies?
Answer: Some of the key managed mobility service companies are as follows:
• Fujitsu
• Orange
• Hewlett-Packard
• Wipro
• Telefnica
• AT&T
• Accenture
Q6. Which managed mobility service market segment will be the largest in future?
Answer: Lucintel forecasts that SMEs is expected to witness the higher growth over the forecast period.
Q7. In managed mobility service market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the managed mobility service market by function (device management, application management, security management, and support & maintenance), organization size (SMEs and large enterprises), end use (healthcare, manufacturing, telecom & it, financial services, retail, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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