Global Managed Mobility Services Market

Global Managed Mobility Services Market Size, Share, Growth Analysis, By Service Type(Mobile Device Management, Security and Compliance 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) - Industry Forecast 2024-2031


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

Global Managed Mobility Services Market Insights

​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 currently undergoing a period of transformative growth, powered by changing trends within mobile technology and a paradigm change toward remote work. The increasing utilization of smartphones, tablets and other mobile devices by various sectors has naturally increased the need for managed mobility services to permit businesses better mobility management along with an all-encompassing component. This market is propelled by several key drivers such as the compelling necessity for efficient connectivity, enterprise mobility expansion and complexity of managing various mobile ecosystems. All segments – mobile device management, mobile application management, and security compliance managing each deal with a particular side of the mobile environment is witness to tremendous growth. In addition, the landscape of deployment models is becoming more diverse as there is an increasing development in cloud-based managed mobility services that provide scalability and flexibility. On the scale of business size, both large enterprises and small and medium-sized enterprises SMEs are seeing advantages in specific solutions. With respect to industries, IT and telecom, healthcare, financial services, and manufacturing have adopted this service as a solution for different problems ranging from issues of security in data to efficient operations.

The regional landscape looks varied in adoption rates with a dominating position by North American and European regions, while the Asia-Pacific region shows significant growth potential. Key players in the competitive landscape include IBM Corporation and AT&T Inc. The two companies are actively undertaking strategic initiatives to remain competitive within this ever-changing market. With advancements in global interconnectivity, the global managed mobility services market is at center stage creating efficient channels for smooth and secure mobile management promising continued growth as well as innovation.

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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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Global Managed Mobility Services Market

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