Press release
Mobile Lifecycle Management Services Market to Receive overwhelming hike in Revenues by 2026
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Global mobile lifecycle management services market is expected to witness tremendous growth over the forecast period. Across globe, bring your own device (BYOD) trend at organization expected to increase the demand of mobile lifecycle management services. Factors driving the growth of global mobile lifecycle services market are growth of mobile technology, consumerization of IT and growing need of connectivity & policy management. On the other hand, factors restraining the growth of global mobile lifecycle management services market are increased usage of open-source platform which offers mobility services as they are relatively cost efficient. Furthermore, small enterprises generally prefer open-source platform due to budget constraints. In addition, lack of awareness is another factor hindering the growth of global mobile lifecycle management services market.
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Global mobile lifecycle management services market is segmented on the basis of solution, organization size and vertical. On the basis of solution, the global mobile lifecycle management services market can be segmented into mobile device management, mobile application management, document & information management, network management, security & content management and others.
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On the basis of organization size, the global mobile lifecycle management services market can be segmented into small & medium enterprises (SMEs) and large enterprises. At present, large enterprises held the largest share of global mobile lifecycle management services market. However, Small & medium enterprises are expected to witness substantial growth over the forecast period.
On the basis of vertical, the global mobile lifecycle management services market can be segmented into banking, financial services & insurance (BFSI), healthcare, manufacturing, retail, IT & Telecommunication, transportation, media & entertainment and others.
On the basis of region, the global mobile lifecycle management service market can be segmented into seven regions which includes, North America, Latin America, Western Europe, Asia-Pacific (excluding Japan), Eastern Europe, Japan and Middle East & Africa region. Further the market is sub-segmented as per the major countries of each region in order to provide better regional analysis of the mobile lifecycle management services market. Throughout the forecast period North America region is expected to dominate global mobile lifecycle management services market. However Asia-pacific region is expected to witness significant growth over the forecast period.
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