The Global Market for Enterprise Mobility Could Hit $11.20 Billion by 2022
A new report by research firm Market Research Reports, Inc., titled 'Global Enterprise Mobility Outlook (2014 - 2022)', suggests that the global market for Enterprise Mobility could hit $11.20billion by 2022.
The report points to a growing base of cellular subscribers, and enhanced telecommunication infrastructure in terms of robustness, providing consistent connectivity anytime and anywhere, and an overall increase in network coverage as the primary drivers for the success of Enterprise Mobility.
As a result, the report leads to the expectation that the market is set to grow at a compound annual growth rate (CAGR) of 6.83% and reach US$11.2billion worldwide by 2022, from $6.6billion in 2014.
The huge surge in acceptance from large enterprises and small and medium businesses of powerful mobile technologies such as smart phones, mobile apps and data analytics is another driving factor which will stimulate the market in the coming years.
However, the report identifies major restraints in this market such as the management and fulfillment issues, and security risks associated with the use of corporate data on personal mobile devices.
This latest commentary on the potential of Enterprise Mobility looks at a wide range of technology categories including MAM, MDM and various development platforms, as well as referencing industries such as healthcare, manufacturing, transportation, among others.