Outsourcing Non-Core Business Activities Is Driving The Growth Of The Managed Mobility Services Market: Strengthening the Growth Trajectory of the Managed Mobility Services Market

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What Is the Expected CAGR for the Managed Mobility Services Market Through 2025?
In recent times, there has been a significant increase in the size of the managed mobility services market. The market, which stood at $31.17 billion in 2024, is projected to reach $39.36 billion in 2025, expanding at a compound annual growth rate (CAGR) of 26.3%. The historical market growth can be traced back to the explosion of mobile devices in the workplace, a stronger emphasis on employee productivity and mobility, the proliferation of bring your own device (BYOD) policies, pressing need for cost efficiency in device management, as well as the increasing complexity of mobile technologies and applications.

What's the Projected Size of the Global Managed Mobility Services Market by 2029?
The market for managed mobility services is predicted to witness significant expansion in the coming years, potentially reaching $120.76 billion by 2029, with a compound annual growth rate (CAGR) of 32.3%. This projected growth is attributed to the escalating demand for mobile application management solutions, growing requirement for mobile device security solutions, augmented adoption of IoT and connected devices, surging demands for managed mobility services in emerging economies and the focus on remote and flexible work arrangements. Key trends that are expected to shape the forecast period include artificial intelligence integration in mobility management, the rise in adoption of cloud-based solutions, emphasis on customizing solutions to specifically suit client needs, and a focus on sustainability and the environmental impact of mobility services.

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Top Growth Drivers in the Managed Mobility Services Industry: What's Accelerating the Market?
The growth of the managed mobility services market is being fueled by the outsourcing of non-essential business activities. Outsourcing refers to a business approach where external parties are contracted by companies to provide services or manufacture goods traditionally carried out internally using the company's workforce. Activities such as managed mobility services, staff augmentation, and other non-essential business functions are often viewed as ancillary or secondary, while core tasks are deemed central to the operations of the company. Large and small businesses alike resort to outsourcing these non-essential activities to enhance internal efficiencies, reduce expenses, concentrate on core areas of expertise, and more. As revealed by a recent survey in Magellan Solutions, Indian companies are the chosen outsourcing destination for over 85% of American businesses for these non-essential tasks. This trend of increasing outsourcing of non-essential business activities is anticipated to drive the managed mobility market throughout the forecast period.

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What Trends Will Shape the Managed Mobility Services Market Through 2029 and Beyond?
The implementation of advanced technology is becoming an increasingly prevalent trend within the managed mobility services market. Companies within this sector are progressively embracing novel and innovative tech tools to enhance their service management, cutting costs, and improving efficiency. A 2024 example of this trend involved HCLTech, a technology company based in India, and Cisco, a technology firm based in the US, who unveiled the Pervasive Wireless Mobility as-a-Service to assure seamless and safe connectivity throughout enterprises. This service provided mobility and visibility for operations and experiences in environments like vehicle connectivity within factory premises, mobile worker connectivity within mining zones, remote care for patients, real-time data availability in retail shops, and fleet connectivity at terminals.

What Are the Main Segments in the Managed Mobility Services Market?
The managed mobility services market covered in this report is segmented -

1) By Type: Device Management, Application Management, Security Management, Maintenance And Support
2) By Deployment: Cloud, On-Premise
3) By Organization Size: SMEs, Large Enterprises
4) By End-Use Industry: IT And Telecom, BFSI, Healthcare, Manufacturing, Retail, Education, Other End-user Industries

Subsegments:
1) By Device Management: Mobile Device Management (MDM), Mobile Application Management (MAM), Mobile Content Management (MCM)
2) By Application Management: Application Development And Deployment, Application Performance Management, Application Support And Maintenance
3) By Security Management: Mobile Security Solutions, Data Encryption Services, Identity And Access Management
4) By Maintenance And Support: Technical Support Services, System Updates And Patches, Help Desk Services

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Which Top Companies are Driving Growth in the Managed Mobility Services Market?
Major companies operating in the managed mobility services market include AT&T Corporation, Fujitsu Inc., IBM Corporation, Wipro Limited, Orange Business Services SA, Kyndryl Inc., Telefónica SA, Samsung Electronics Co. Ltd., Hewlett Packard Enterprise Company, Vodafone Group plc, Microsoft Corporation, Tech Mahindra Limited, Deutsche Telekom AG, accenture* plc, Maxis Communications, Digital Management Inc., DXC Technology Company, Unisys Corporation, Verizon Communications Inc., Mobile Solutions Services Inc., Stratix Corporation, Vision Wireless LLC, HCL Technologies Limited, Capgemini SE, Cognizant Technology Solutions Corporation, Infosys Limited, Tata Consultancy Services Limited, NTT Data Corporation, Dimension Data Holdings plc, Octal Software LLP

Which Regions Will Dominate the Managed Mobility Services Market Through 2029?
North America was the largest region in the managed mobility services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the managed mobility services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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