Managed Mobility Services Market predicted to reach USD 133.90 billion by 2030 with a CAGR of 31.1% from 2020-2030

The Global Managed Mobility Services Market size is estimated to be USD 6.81 billion in 2019 and is predicted to reach USD 133.90 billion by 2030 with a CAGR of 31.1% from 2020-2030.

Managed Mobility Services (MMS) include all the in house activities such as lifecycle management, IT and others which are managed by the third party and the organization can only focus on the core business. This helps in the time saving and the also reduces the workload with essential upgrades as per the market trend.

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Top Companies: IBM Corporation, Wipro Ltd., Hewlett-Packard, Orange S.A, Telefnica S.A., Vodafone Group PLC., Fujitsu Ltd., AT&T, Inc., and others.

Market Dynamics and Trends

Over the period of time there has been increased adoption of mobile devices in the enterprises in different sectors coupled with increase in bring your own device at the workplace is also expected to enhance the market growth.

The other factors include technological advancement taking place in the market coupled with fast developing infrastructure coupled with increased dependency on IT services are expected to further increase the managed mobility services market. However, high cost of these services with increase in data security concerns are further expected to inhibit the market growth. Moreover, increased use of cloud services and integrated managed mobility solutions are expected to create ample opportunities in the managed mobility services market in the near future.

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Market Segmentations and Scope of the Study:

The global managed mobility services market share is analyzed on the basis of solution, industry, end users and geography. On the basis of solution, the market is segmented into Program and Financial Management, Logistics and Sourcing Management, Mobile Service Management, Application and Collaboration Management and Others. On the basis of industry, the market is divided into BFSI, IT and Telecom, Retail, Healthcare, Manufacturing and Others. Based on the end users, the market is fragmented into Small and Medium Businesses and Large Enterprises. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America is holding the major market share with increased adoption of managed mobility services over the forecast period. The other factors include technological advancement coupled with rapid infrastructure development on a large scale is further expected to contribute the market growth.

Asia Pacific is expected show tremendous growth with gradual increase in market share owing to the increased adoption of cloud based services with increase in bring your own devices at workplace with increasing dependency on IT is further expected to augment the growth of managed mobility services market in the near future.

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