Managed Mobility Services Market Size, Share, Growth Analysis, By Service Type(Mobile Device Management, Security and Compliance Management, Mobile Application Management, and Device and Expense Management), By Deployment Model(Cloud-based and On-premises), By Enterprise Size(Large Enterprises and Small and Medium-sized Enterprises), By End User Industry(IT and Telecom, Healthcare, Financial Services, and Manufacturing), By Region - Industry Forecast 2024-2031

Report ID: SQMIG45E2218 | Region: Global | Published Date: April, 2024
Pages: 197 | Tables: 115 | Figures: 77

Managed Mobility Services Market News

Social Mobile announced that it has created its new platform Social Mobile ONE, a Device-as-a-Service (DaaS), In January 2023. This platform offers fully customized solutions to enterprise mobility on a subscription-based model.

ServiceNow and Samsung have signed an agreement of a partnership to introduce an innovative solution to simplify mobile lifecycle management. In October 2022, this innovative solution integrated the mobile ecosystem, including major EMM/UEM, into the ServiceNow platform to simplify and hyper-automate mobile lifecycle management.

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Global Managed Mobility Services Market size was valued at USD 25.40 billion in 2022 and is poised to grow from USD 33.93 billion in 2023 to USD 344.42 billion by 2031, growing at a CAGR of 33.60% during the forecast period (2024-2031).

The global managed mobility services market is highly competitive and characterized by the presence of several key players. These players compete based on factors such as product portfolio, technological advancements, pricing strategies, and market reach. The market is driven by continuous research and development (R&D) efforts aimed at introducing innovative techniques and enhancing efficiency. Market players focus on strategic collaborations, partnerships, and mergers and acquisitions to expand their market presence and gain a competitive edge. 'Wipro Limited', 'Tata Consultancy Services', 'Cognizant Technology Solutions', 'IBM Corporation', 'Telefónica S.A.', 'Cisco Systems Inc.', 'Tech Mahindra Ltd.', 'Fujitsu Limited', 'Deutsche Telekom AG', 'Orange Business Services', 'Verizon Communications Inc.', 'Hewlett Packard Enterprise', 'Vodafone Group plc', 'Accenture', 'Sprint Corporation', 'CompuCom Systems Inc.', 'AT&T Inc.', 'Soti Inc.', 'AirWatch – VMware', 'BlackBerry Limited'

5G technology evolution including edge computing and advanced mobile devices is a powerful driver for managed mobility services. Organizations are forced to implement advanced solutions to stay competitive and respond adequately to the needs of an increasingly digitized and mobile-oriented environment in business. The adoption of emerging technologies in managed mobility services offerings augments competencies like real-time data processing, enhanced connectivity and increased user experiences that further boost the growth of this market.

Importance of The Zero Trust Security Model: One of the significant trends which is dominating the market is the Zero Trust security model. As the threat landscape continues to change and remote work becomes predominant, organizations are no longer relying on traditional perimeter-based security approaches. By implementing a Zero Trust strategy, firms seek to strengthen the security position of their mobile landscapes by protecting data that is highly sensitive and reducing threats related to unsanctioned access. The principle of Zero Trust assumes that by default no user or device, inside or outside the corporate network is to be trusted automatically. This trend is promoting the inclusion of advanced security functions in managed mobility services such as multi-factor authentication, constant surveillance, and encryption.

The dominant region in the global managed mobility services market is the North America region, which holds a significant market share. The companies in the United States and Canada are leading adopters of managed mobility services due to a mature state of technology, high penetration rate for mobile devices, and strong ecosystems from service providers. Advanced mobility solutions that increase working efficiency, secure data and navigate the difficulties of remote work are key focuses for enterprises across industries in the region. The dominance of North America in the global managed mobility services market is solidified through well established presence of key players and a keen interest in innovation and new technology integrations.

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