Global Enterprise Mobile Market to Exhibit 24.7% CAGR 2015-2022

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In its latest report, Transparency Market Research studies the growth trajectory exhibited by the global enterprise mobility marketand the factors compelling organizations to adopt these advanced solutions. The report is titled “Enterprise Mobility Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022,” and is available on the company’s website for sale.

Mobility is regarded as an important element for business organizations to enjoy uninterrupted operations. Earlier desk phones or wired telephones used to be the most common mode of communication in organizations. However, the advent of sophisticated wireless devices helping people stay connected online or with one another at any time of the day from anywhere, has revolutionized the paradigm of mobility for enterprises worldwide. Enterprise mobility has, therefore, emerged as the most viable solution for businesses, helping them cope with the demands of a competitive business environment.

Enterprise mobility refers to the trend promoting a shift in work culture, allowing employees to work from outside office premises by using cloud services and mobile devices. With the introduction of the latest technologies, enterprise mobility has become indispensable for organizations regardless of their size or specialization. This is a sophisticated solution enabling businesses to stay connected with their clients and employees irrespective of their location. With an increasing number of companies from around the world seeking enterprise mobility solutions to leverage the latest wireless technologies, the market for enterprise mobility is anticipated to exhibit robust growth.

According to the findings of the TMR report, the global enterprise mobility market, which in 2014 stood at US$86.36 bn, is anticipated to reach a valuation of US$510.39 bn by the end of 2022. If the figures hold true, the global market for enterprise mobility will exhibit an incredible CAGR of 24.7% between 2015 and 2022.

With organizations around the world increasingly demanding better operational speed and efficiency, the global market for enterprise mobility is poised to expand exponentially. Enterprise mobility solutions are usually customized as per the distinct requirement of enterprises to keep the complex web of their activities and assets running without any disruptions.

Based on device, the global enterprise mobility market is segmented into laptops, tablets, and smartphones. In 2014, laptops emerged in the market as the most preferred device. However, the demand for smartphones is also anticipated to increase substantially during the report’s forecast period. In terms of software, the global enterprise market is segmented into mobile application management, mobile device management, telecom expense management, mobile message management, and content and enterprise email management. Of these, mobile device management emerged as the most widely used software.

Based on application, the market is segmented into BFSI, education and government, IT and telecommunications, hospitality and retail, automotive and manufacturing, media, life sciences, and healthcare. In 2014, the IT and telecommunications segment accounted for the largest share in the market.

Regionally, North America led the global market for enterprise mobility. Growth in the region is mainly facilitated by the emergence of a mobile user workforce across multiple industry domains.

The report provides an executive-level blueprint of the global enterprise mobility market, presenting insights into the factors impacting the market’s growth trajectory and growth exhibited by the various market segments.

To provide a holistic overview of the market’s competitive landscape, it profiles some of the leading companies operating therein. The market for enterprise mobility is fragmented in nature, with the presence of several companies. The majority of these enterprises are focusing on expanding their businesses by catering to the varying demands of consumers. Some of the most prominent companies profiled in the report are Symantec Corporation, MobileIron, SOTI, Inc., Microsoft Corporation, Alcatel Lucent S.A., Avaya Inc., Citrix Systems Inc., Cisco Systems, Inc., AirWatch LLC, Aruba Inc., Meru Networks, and others.