Managed Mobility Services Market

Artificial intelligence and automation are expected to drive market growth.

MMS providers are increasingly incorporating artificial intelligence (AI) and automation into their solutions to help streamline mobile device management tasks and reduce the workload on IT teams. It includes automated device provisioning, real-time analytics, and AI-powered security solutions. With the increasing adoption of IoT devices, MMS providers are expected to expand their services to include IoT device management. It can include the management of sensors, gateways, and other connected devices and the integration of IoT data into enterprise systems which will open new avenues in the Managed Mobility Services industry in the coming years.

With the rollout of 5G networks, MMS providers are expected to expand their services to include 5G network management. It includes managing the deployment and configuration of 5G-enabled devices and optimizing network performance for enterprise use cases. Managed Mobility Services industry is poised for significant growth in the coming years as new technologies and devices continue to emerge, and organizations seek solutions to manage and secure their mobile and connected devices. This has helped the Managed Mobility Services market revenue rise.

Furthermore, the growth in the MMS market can be attributed to the rising consumer attraction of IT, which encourages businesses to progressively adopt MMS to facilitate secured access to top organizational content and data transfer across various mobile devices.

Latest Industry News for Managed Mobility Services Market

May 2023 - The sales of iPhone mobile digital devices are now included in the company's Apple Authorized Reseller certification, according to Mobility CG, a top provider of business managed mobility solutions. With the help of this new permission, Mobility CG is now allowed to offer a whole array of Apple goods, including the iPhone, Apple Watch wrist wearables, iPad, MacBook laptop & desktop computers, and other Apple products and accessories, in addition to items made by other companies.

Mike McGuire, CEO of Mobility CG, said: The inclusion of iPhone to their Apple Authorized Reseller accreditation underlines the trust that Apple has in their dedication to quality and growth. This significant portfolio increase enables them to continue assisting the international business community in operating effectively and safely.

In order to make it simple for businesses to buy, provide, secure, and manage corporate mobile devices in the connected world, Mobility CG offers managed mobility solutions. Their team of mobility specialists assists businesses in choosing and purchasing the appropriate equipment and offers onboarding services like provisioning, kitting, staging, and storage.

The Global Managed Mobility Services Market Industry is experiencing a notable increase in demand for mobile workforce solutions. Organizations are increasingly adopting mobile technologies to enhance productivity and streamline operations. This trend is driven by the need for flexibility and efficiency in business processes. In 2024, the market is projected to reach 7.13 USD Billion, reflecting a growing recognition of the importance of mobile solutions in driving business success. Companies are leveraging managed mobility services to optimize device management, security, and application deployment, thereby improving overall operational efficiency.

By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Managed Mobility Services market accounted for ~60% market share in 2022 and is expected to exhibit a significant CAGR growth during the study period. This high revenue share is primarily due to the extensive adoption of Bring Your Own Device (BYOD) trend across organizations in the region, which aims to streamline work processes by utilizing mobility and promoting employee collaboration.

Moreover, the widespread usage of mobile devices like smartphones and tablets to aid business continuity, coupled with the critical need to secure sensitive data accessed by employees via their devices, has significantly fueled the adoption of MMS in North America.

Further, the region has demonstrated a willingness to implement MMS within companies to safeguard their sensitive content from privacy breaches and loss while leveraging mobility to gain a competitive edge and offer agile services to customers. Major growth drivers for this region include strict compliance regulations like HIPPA for healthcare and PCI DSS for financial services and extensive cloud deployments. As a result, North America, particularly the U.S., and Canada, is expected to widely implement MMS to ensure data security and privacy, thereby facilitating business continuity.

Figure 3: MANAGED MOBILITY SERVICES MARKET SIZE BY REGION 2022 & 2030

Source: Secondary Research, Primary Research, Market Research Future Database, and Analyst Review

Further, the major countries studied in the market report are the U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

European Managed Mobility Services market accounts for the second-largest market share. Europe is experiencing progressive growth in the adoption of Mobile Device Management Systems (MMS). The increased number of mobile users accessing business data across the region has resulted in concerns regarding data security and privacy breaches. The widespread adoption of cloud technology, facilitated by easy access to data on corporate networks through employees' mobile devices, has provided organizations with significant leverage. However, it has also made data vulnerable to loss and mismanagement due to the diverse operating systems of mobile devices.

As a result, businesses are significantly adopting MMS to address these concerns.

Additionally, small and medium-sized enterprises that allow businesses outside their organizations must adhere to the European Union's Data Protection Directive, which prohibits European companies from transmitting data overseas to countries with weak data protection and privacy laws.

Organizations in the UK, Germany, and France, such as PHS Group Plc., are investing in MMS to prevent privacy breaches and enhance enterprise mobility.

The Asia-Pacific Managed Mobility Services Market is expected to grow at the fastest CAGR between 2022 and 2030, owing to the rising adoption of mobile devices. Enterprises and small and medium-sized businesses in Asia-Pacific countries recognize the importance of data security. They are open to adopting dedicated MMS to enhance organizational productivity through secure mobility. The increasing advancements in mobility and cloud adoption in the region and mandatory compliance with government regulations to resolve data security issues have further fueled the adoption of MMS.

As a result, leading MMS vendors, such as IBM, are expanding their presence in APAC to tap into the enormous demand for mobility services and improve profitability.

Developed countries in Asia-Pacific, such as Japan, Australia, and Singapore, have adopted MMS that comply with data transfer regulations to cater to businesses' unparalleled data security needs. In populous countries like India and China, the adoption of superior MMS is slowly gaining momentum.

However, the need for more awareness about enterprise mobility among businesses in this region has limited the adoption of mobility solutions. Large enterprises may also need more control over their resources, such as mobile devices, after adopting an MMS solution, which inhibits adoption. Nevertheless, the presence of a large number of SMEs in the region augments the consideration of MMS for diverse needs, as they have budget constraints to manage their solutions. This region's MMS market is also expected to be fragmented due to diverse organizational needs.

Major market players in the Managed Mobility Services industry are concentrating on offering technologically cutting-edge marketing solutions to improve their competitiveness in the international market.

Prominent companies like IBM, AT&T, and Accenture, among others, offer a wide range of managed mobility services, including mobile device management, mobile application management, mobile content management, and mobile security services. They cater to a diverse range of industries, including healthcare, financial services, manufacturing, retail, and government agencies. These companies constantly innovate and invest in new technologies to provide better services and improve the customer experience.

Additionally, companies are expanding their geographic reach and diversifying their product and service offerings to cater to a wider range of industries and clients. They are also forming partnerships and collaborations with other technology providers to strengthen their position in the market and provide more comprehensive solutions to their clients.