Managed Mobility Services (MMS) Market 2019: Company Profiles, Industry Segments, Business Trends, Landscape and Demand by Forecast to 2023

Global Managed Mobility Services (MMS) Market is expected to grow at a CAGR of approximately 44% during the forecast period 2017-2023 and Managed Mobility Services Market: By Technology (Mobile Device Management, Application Management, Security management, Support, and Maintenance)

Managed Mobility Services Market Overview:
The global managed mobility services market is anticipated to garner a CAGR of 44% during the forecast period (2017-2023), Market Research Future (MRFR) unveils in a detailed report.

Managed Mobility Services Market is the deployment, procurement, and management of mobile apps and devices, services, and PC software, which connect out-of-office workers to the enterprise ecosystem.

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The players dominating the global managed mobility services market include Wipro Ltd., IBM Corporation (U.S.), Fujitsu Ltd, Orange S.A, Telefónica S.A, AT&T Inc. (U.S.), Vodafone Group PLC, Deutsche Telekom AG, StarHub, Singtel, Maxis Bhd, Celcom Axiata, Accenture Plc, PLDT (Smart), and Hewlett Packard Enterprise Co.

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Market Potential and Pitfalls:
The managed mobility services market will expand at a considerable rate owing to the innovation and enhancement of technology in the sector. The surging demand for BYOD among the workforce in order to access business information through personal devices is highly encouraging organizations to embrace MMS to manage enterprise mobility. Managed mobility services assist enterprises to formulate an enterprise-wide mobile strategy and create mobile channels to ensure a long-lasting relationship with business-to-customers and business-to-business audience. It also allows the entertainment and media industry to address a range of media-specific needs and live broadcasting from the field in order to optimize distribution capabilities. Such factors are likely to contribute to the market growth across the globe.

On the contrary, the low adoption of Managed Mobility Services Market, especially among the developing countries, is considered to curtail the growth of the market. Several organizations in the developing countries are concerned regarding the increasing operational costs and thus avoid outsourcing their mobility activities to third-party vendors Also, business in developing economies generally use open-source and free software mobility management, as they do not have the required budget to invest in premium software. Such factors are estimated to vitiate the market growth in the coming years.

Managed Mobility Services Market Segmental Analysis:
The managed mobility services market has been segmented on the basis of type and end user.
By type, the managed mobility services market has been segmented into application management, mobile device management, support, security management, and maintenance. Of these, the device management segment is likely to gain prominence due to the significant growth in the adoption of BYOD among the organizations to obtain a competitive advantage.

By end user, the managed mobility services market has been segmented into hospitality, healthcare, entertainment, retail, financial services, transportation & consumer utility services, travel & hospitality, media & entertainment, and others. Of these, the healthcare segment is likely to gain prominence in the foreseeable future. Healthcare institutions require to deal with complicated and high-volume healthcare operations. It becomes difficult for organizations to manage critical health information and vital data regarding their patients. Any network issue, the gap in security, and system downtime can disrupt the workflow and damage the organization. Thus, healthcare organizations are adopting managed mobility services to manage their security network needs and IT infrastructure.

Regional Frontiers:
Geographically, the managed mobility services market spans across Asia Pacific, Europe, North America, and Rest of the World (RoW).

Considering the global scenario, North America has been observed to command the largest market share. Surging utilization of internet, tablets, and mobiles, along with technological advancements, are contributing to the growth of the market. A considerable number of SMEs in the region are adopting MMS solutions, which is contributing to the growth of the market. Moreover, the early adoption of the latest technologies in Canada and the U.S. are promoting the market growth in North America.

Meanwhile, the APAC will expand at the fastest rate due to the strong presence of consumer base, which is likely to fuel the demand for managed mobility services in the region. Due to the surging integration of cloud technologies and AI, there is immense scope for managed mobility services in the electronics manufacturing sector. The growth of managed mobility services solutions in China is likely to be encouraged by the growth of the industries. Factors like government initiatives to enhance technology implementation in the industries, coupled with the soaring R&D investment, are considered to promote the growth of the market in the region.

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Industry Updates:
July 2019: Zensar has recently announced that the company has been named a Niche Player in the Gartner 2019 Magic Quadrant for Managed Mobility Services, Global. Gartner has shared in the report that managed mobility services encompass business process services, and vendor-provided IT, which is required to provision, plan, procure, manage, activate, and support mobile devices, mobile applications, mobile network services, and related mobile management systems.

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