The Managed Mobility Services Market Could Reach $11.05 Billion by 2019
The market for Managed Mobility Services (MMS) could grow from $2.92billion in 2014 to a staggering $11.05billion by 2019, at a Compound Annual Growth Rate (CAGR) of 30.5%, according to recent research by MarketsandMarkets.
According to the related report, the MMS market is at its growing stage and is expected to rise significantly, due to the enhancement and innovation of technology in this sector.
North America is expected to be the largest in terms of market size for MMS solutions, while Europe and Asia-Pacific are also expected to experience an increase in market traction during the forecasted period.
Due to such high adoption rates of mobile and other digital technologies in modern organisations, the need for MMS has been encouraged among various enterprises and SMBs.
Furthermore, the demand of BYOD is still increasing among workforces, driven by the demand for access to business information through personally-owned mobile devices, which has influenced organisations to adopt MMS for the management of Enterprise Mobility.
There has been a rise in the need for solutions that can be optimised in real-time, so that all required information can be accessed and completed without any delay in a mobile context. The proliferation of the cloud as a cost-effective deployment model has also encouraged solution providers to offer MMS solutions to the enterprise as well as to SMBs.
With the up-surging demand for managed services, MMS providers are developing managed mobility solutions that enable users to maximise employee efficiency and improve the productivity of their organisations.