New York, NY -- (SBWire) -- 03/30/2019 --The Managed mobility services Market is expected to grow from USD 5.1 billion in 2018 to USD 20.2 billion by 2026, at a CAGR of 21.7% during the forecast period. Growth of mobile and broadband services, increasing in data traffic, increasing need for productivity and employee satisfaction, Dependence of IT services on advanced technologies, outsourcing of business activities and reduction in hardware costs of organizations are some of the driving factors of the market. Some other factors contributing to the growth of this market are increase in adoption of BYOD, identity and access management guides service management and BYOD solution and extensive opportunities in cloud-based solutions.
The major players covered in this report are: Fujitsu (Japan), IBM Corporation (US), AT&T (US), Orange Business Services (France), Wipro (India), Deutsche Telekom AG (Germany), Telefónica (Spain), Vodafone (UK), Hewlett-Packard (US), and Accenture (Ireland), among others.
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Device management security risks, availability of open sources software, used mainly by SMEs, lack of cost forecasting methods and control, technology complexity and less adoption by organizations may restrain the growth of the Managed mobility services market.
Understanding the market size
The size of the Managed Mobility Services market is viewed in terms of the Share of Market, Total Available Market as well as Served Available Market. Not only does the study present the combined revenue for a particular market but also the market size for a specific geographic region. Analysis of percentage or the size of the Total Available Market based on the type of product, technology, regional constraints and others form an important part of the Managed Mobility Services report.
Managed Mobility Services Market by function (Revenue, USD Million; 2018-2026)
Device Management
- Device and System Management
- Sourcing and Logistics Management
- Mobile Service Management
Application Management
- Application and Collaboration Management
- Program and Financial Management
Security Management
- Security Management
- Content Management
Support and Maintenance
Managed Mobility Services Market by organization (Revenue, USD Million; 2018-2026)
- SMEs
- Large Enterprises
Managed Mobility Services Market by verticals (Revenue, USD Million; 2018-2026)
- Healthcare
- Manufacturing
- Logistics and Transportation
- Retail
- Financial Services
- Telecom and IT
- Media and Entertainment
- Travel and Hospitality
- Public Sector
- Education
- Others (Government, Education, and Media & Entertainment)
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Knowing the trends influencing the industry performance
Stakeholders, marketing executives and business owners planning to refer a market research report can use this study to design their offerings and understand how competitors attract their potential customers and manage their supply and distribution channels. When tracking the trends researchers have made a conscious effort to analyze and interpret the consumer behaviour. Besides, the research helps product owners to understand the changes in culture, target market as well as brands so they can draw the attention of the potential customers more effectively.
Our trend analysts look for the crucial connection between consumer trends, behaviour and values, to provide context for the sectors, demographics and global themes that matter to you.
Further key findings from the report suggest:
- The major driving factors for the growth of the market for Managed mobility services can be growth of mobile and broadband services, increasing in data traffic, increasing need for productivity and employee satisfaction, Dependence of IT services on advanced technologies, outsourcing of business activities, reduction in hardware costs of organizations, increase in adoption of BYOD, identity and access management guides service management and BYOD solution and extensive opportunities in cloud-based solutions.
- The Managed mobility services is segmented by function into device management, application management, security management and support and maintenance. The device management segment is expected to witness highest growth, at a CAGR of 22.3% during the forecast period, due the excessive usage of mobile devices for accessing business content.
- The Managed mobility services is segmented by organization size into SMEs and large enterprises. SMEs segment is expected to dominate the market share with market size of USD 11.3 Billion during the forecasted year, since this segment doesn't require expansion of IT resources since the services are managed comprehensively by MSPs.
- The Managed mobility services is segmented by vertical into BFSI, automobile, manufacturing, IT & telecom, retail, healthcare, transportation and logistics, energy and utilities and others (government, education, and media & entertainment). IT and telecom segment is expected to witness highest growth, at a CAGR of 22.1% during the forecast period, since the segment is majorly based on extensive use of smartphones and desktops or laptops, which also gives rise to telecom operator competition in this segment.
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Table Of Content:
Chapter 9. Company Profiles
9.1. Fujitsu Ltd.
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.2.1. Revenue
9.1.2.2. Price
9.1.2.3. Gross Margin
9.2. AT&T, Inc.
9.3. IBM Corporation
9.4. Wipro Ltd.
9.5. Orange S.A.
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Managed Mobility Services Market Report 2018-2026 by Key Players: Fujitsu, IBM, Wipro, HP, Vodafone, Accenture
The major contributing factor for the growth of the market for managed mobility services can be the rise of need for growth of mobile and broadband services and increasing data traffic, which resulted to the facilities of BYOD services in enterprises, making work easier for their employees.