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Mobile Workforce Management Market Segments 2024-2033 | Size, Share And Insights
Mobile Workforce Management Market
The Business Research Company presents an extensive market research report on the Mobile Workforce Management Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The mobile workforce management market size has grown rapidly in recent years. It will grow from $5.65 billion in 2023 to $6.39 billion in 2024 at a compound annual growth rate (CAGR) of 13.2%. The growth in the historic period can be attributed to increased demand for mobile applications and workforce optimization, integration of mobile workforce management with other enterprise systems, the expansion of the BYOD (bring your device) trend within the workplace.
The mobile workforce management market size is expected to see rapid growth in the next few years. It will grow to $10.35 billion in 2028 at a compound annual growth rate (CAGR) of 12.8%. The growth in the forecast period can be attributed to rise in remote work and field operations, growing demand for real-time visibility and performance tracking, increasing adoption of mobile devices and connectivity. Major trends in the forecast period include adoption of AI and ML for workforce optimization, growing integration with ai and ml technology, the increasing use of cloud-based workforce management systems across industries.
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Key Market Players:
Major companies operating in the mobile workforce management market report are Microsoft Corporation, Verizon Wireless, AT&T Inc., IBM Corporation, Oracle Corporation, Sprint Corporation , SAP SE, ServiceMax, ADP LLC, TELUS, Jobber, Zebra Technologies, Trimble Inc., Kronos, Pegasystems Inc., Verint, Calabrio, Descartes Systems Group, FeedHenry (Red Hat Inc.), Skedulo, Actsoft Inc., BigChange, Vox Mobile, FieldAware, ProntoForms Corporations
Market Drivers:
The rise in remote work is expected to propel the growth of the mobile workforce management market going forward. Remote work refers to the practice of performing work outside of a traditional office setting, typically from a location other than the employer's physical workplace. Mobile workforce management is used in supporting remote work by providing tools and processes to effectively manage employees who are not physically present in a central office. For instance, in July 2022, according to a survey of 2,300 full-time workers by Owl Labs, a US-based provider of video conferencing devices, the number of workers in the US choosing remote work in 2022 increased by 24% from 2021 and interest in hybrid-work increased by 16%. Further, around 62% of workers felt more productive when working remotely. Therefore, the rise in remote work is driving the growth of the mobile workforce management market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/mobile-workforce-management-global-market-report
The mobile workforce management market covered in this report is segmented -
1) By Type: Cloud-Based, On-Premise
2) By Component: Solutions, Services
3) By End-User: Banking, Financial Services and Insurance(BFSI), Communication, Logistics, Manufacturing, Procurement, Other End Users
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