According
to the new market research report "Managed Mobility Services
Market by Function (Device Management, Application Management,
Security Management, and Maintenance & Support), by Organization Size (SME
and Enterprise), Industry Vertical, and Region - Global Forecast to 2021",
published by MarketsandMarkets™, the Managed Mobility Services (MMS) market is
expected to grow from USD 4.56 Billion in 2016 to USD 19.40 Billion by 2021, at
a high Compound Annual Growth Rate (CAGR) of 33.6%.
The
MMS market growing and is expected to rise considerably due to the enhancement
and innovation of technology in this sector. Moreover, the demand for Bring
Your Own Device (BYOD) is increasing among workforce to access business
information through personal devices, which is encouraging organizations to
adopt MMS for managing enterprise mobility. There has been a rise in the demand
of MMS solutions that can be optimized on real-time basis, so that the needed
information can be accessed and completed without any delay. Therefore, MMS
plays a significant part in mobility value chain and is being implemented by
most of the organizations globally.
Browse and
in-depth TOC on "Managed
Mobility Services Market"
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“Device Management
segment (Device and System Management, Mobile Service Management, and Sourcing
and Logistics Management) is expected to gain market prominence during the next
five years”
The device management segment by function is
expected to hold the largest market share during the forecast period. More than
half of the total MMS market revenue is contributed by device management and
the trend is expected to continue during the entire forecast period. This is
mainly due to significant rise in the adoption of BYOD among organizations to
gain competitive advantage. The mobile device management is expected to grow
due to the extensive usage of mobile devices for accessing business content.
The security management is also projected to show great growth opportunities
with a high CAGR during the forecast period.
“The market in APAC is
expected to be grow the fastest-”
Considering the regional trends of the MMS market,
North America is projected to hold the largest market size. The market in APAC
is the fastest growing regional MMS market. This is mainly attributed to the presence
of many developing countries and infrastructure in this region. The Latin
America and MEA regions also depict great potentials in terms of adoption of
MMS security management services.
The major players offering
MMS are AT&T, Fujitsu, IBM Corporation, Wipro, Orange S.A., Hewlett
Packard, and others. Moreover, there are various key innovators in the market
that provide innovative MMS.
The market on the basis of
function is segmented into Device and System Management, Mobile Service
Management, and Sourcing and Logistics Management. On the basis of organization
size, the market is classified into SME and Enterprise. Further, the MMS market
is also segmented based on industrial verticals and regions. The scope of the
report covers detailed information regarding the major factors influencing the
growth of the MMS market, such as drivers, restraints, opportunities, and
challenges. A detailed analysis of the key industry players has been done to
provide insights into their business overview, products and services, key
strategies, and competitive landscape associated with the MMS market.
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Research Insight: https://www.marketsandmarkets.com/ResearchInsight/managed-mobility-service-market.asp
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/managed-mobility-service-market.asp
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