Published Date : 19 Jun 2023
The global enterprise mobility market size surpassed USD 32.73 billion in 2022 and is expected to attain around USD 182.6 billion by 2030, expanding at a strong CAGR of 23.97 percent throughout the projection period 2022 to 2030.
The Unified Communications and Collaboration solutions are often used to help remote employees communicate, which is driving the growth of the global enterprise mobility market. Smartphones are being increasingly used for business purposes. Thus, the rising internet penetration and adoption of smartphones are boosting the enterprise mobility market growth. Increasing employee productivity by encouraging them to work in pleasant locations outside of the workplace. This is regarded as key trend in the global enterprise mobility market. Cloud-based worker mobility tools are becoming more popular. Organizations are under pressure from competitors to implement flexible work arrangements in order to increase operational efficiency. As a result, all of these factors are contributing towards the growth of the global enterprise mobility market.
North America is the largest segment for the enterprise mobility market in terms of region. The U.S. is dominating the enterprise mobility market in the North American region. The existence of prominent market players in the region is credited with the growth of the North American enterprise mobility market. Because of the severe competition in the North American market, numerous market competitors strive for increased sales and business expansion.
Europe region is the fastest-growing region in the enterprise mobility market. The UK holds the highest market share in the Europe enterprise mobility market. The healthcare industry has a lot of promise for analytics, especially with the growing usage of big data analytics in the country's healthcare ecosystem. This is projected to aid enterprise mobility in the country over the forecast period. Prediction also assists hospitals in reducing provider-payer costs.
Enterprise Mobility Market Report Scope:
|Market Revenue in 2023||USD 40.57 Billion|
|Projected Forecast Revenue in 2030||USD 182.6 Billion|
|Growth Rate from 2022 to 2030||CAGR of 23.97%|
|Largest Market||North America|
|Forecast Period||2022 To 2030|
|Regions Covered||North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa|
The growing trend of work of home
As a result of the COVID-19 pandemic, more businesses are embracing remote working. The modern workforce's wish for mobility is growing, owing in part to the COVID-19 epidemic, which is pushing a move to remote employment. Enterprise mobility solutions are becoming more popular because they allow businesses to remotely control, update, and delete data from devices.
Lack of customization
Enterprise mobility market players are unable to modify their products to meet specific corporate needs. Enterprises frequently lament the enterprise mobility solution's inability to handle multi-user connections with flexibility and agility. For mobile devices that connect to the corporate network, each company has various security requirements.
A growing number of cyber attacks
Enterprise mobile frauds have risen in recent years, according to Lookout's study. Globally, the number of workplace mobile phishing attacks has increased by 37% since Q4 2019. With a 66 percent spike since the end of 2019, the United States has witnessed some of the worst. Phishing attacks targeting mobile devices are growing more widespread as more mobile devices are deployed in the workplace, necessitating staff training on adequate mobile security protocols. Thus, this factor is supporting the growth of the market.
The poor condition of enterprise system integrators
Each business should have numerous workflow automation systems that function together. Various systems should be linked in order to communicate crucial information. Mobile devices, such as smartphones and laptops, should also be able to seamlessly interface with complicated business processes. Failure to connect mobile devices with complicated systems resulted in data silos, which happen when vital data is only available on a single device and is not shared with the company's network. As a result, this is a major challenge for market growth.
Major Key Players:
By Organization Size
By Device Type
By Deployment Modes
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