The Enterprise Mobility Market size was valued at USD 19.6 billion in 2021 and is predicted to reach USD 146.0 billion by 2030 with a CAGR of 26.5% from 2022-2030.
Enterprise mobility is also known as business mobility, which refers to a mode where employees can work remotely using a set of devices and applications for business purposes. Enterprise mobility helps employees get access to enterprise data through the help of cloud services on their systems such as laptops, tablets,or smartphones. This technology provides flexibility and choice to the employees enhancing job satisfaction and ultimately increasing efficiency. Enterprise mobility management (EMM) has broad implications such as automation, order booking, billing, salesforce, supply chain, and enterprise resource planning.In addition, business mobility further helps IT departments by enabling mobile workers to address security risks through control access by application, file, employee role, and location.
The Increasing trend of working from home (WFH) due to the recent Covid-19 pandemic drives the adoption of mobility devices to its peak. Presently,most small, and large organizations are providing flexibility to work in hybrid mode or permanent remote work (WFH) option leading to continued usage of enterprise mobility devices and services.
Also,rapid inclination toward bring-your-own-device (BYOD) and choose-your-own-device (CYOD)procedures provide employees with a favorable environment, such as for accessing emails and connecting to the corporate network, and accessing corporate apps and datadriving the growth of the market.
Moreover, increasing mobile application management (MAM) allows IT to manage the applications on a single device rather than multiple devicesfurther providing security to apps, which is further expected to drive the growth of the enterprise mobility market.
However, the rise in the cyber threat and phishing activities along with the lack of standard operating systemsin enterprise mobility are the factors that restrain the growth of the market. On the contrary, increasing identity access management to protect against compromised user credentials for criminal hackers against ransomware isexpected to create ample growth opportunities for the market in the coming years.
The enterprise mobility market is segmented on the basis of component, type, organization size, deployment, device type, industry vertical, and geography. On the basis of components, the market is divided into solutions and services. On the basis of type, the market is classified into mobile content management, mobile application management, mobile device management, mobile identity management, and others. On the basis of organization size, the market is categorized into small and medium-sized businesses and large enterprises. On the basis of deployment, the market is segmented into cloud and on-premises. On the basis of device type, the market is bifurcated into laptops, tablets, and smartphones. On the basis of Industry vertical, the market is divided into manufacturing, media & advertising, BFSI, IT & telecom, retail, healthcare, automotive & transportation, and others.The geography breakdown and analysis of each of the aforesaid segments include regions such as North America, Europe, Asia-Pacific, and RoW.
North America region is expected to hold the lion’s share of the enterprise mobility market sizeand is expected to continue dominating the market during the forecast period. This is attributed tothe high adoption of these enterprise mobility solutions owing to the growing focus on remote operations such as a single console that offers enterprise mobility solutionsto help organizations to manage their devices remotely.
Also, rising emphasis on the corporates coupled with the presence of key players Citrix, IBM, VMware, and Microsoft boost the market growth in this region. For instance, in June 2020, IBM launched Watson Works to address the challenges of returning to the workplace. This solution is a set of products embedded with Watson AI models and applications to help companies navigate many aspects of the return-to-workplace challenge.
On the other hand, Asia-Pacific is expected to show a steady rise in the enterprise mobility market due to rapid development in communication infrastructure coupled with live updatesthat provide the foundation for the effective transfer of information between people across industry verticals. Also, growing awareness and implementation of cloud services paired with the internet of things (IoT), which helps to handle the complex web of real-time business data needs.
For instance, in 2020, the size of the Chinese internet of things (IoT) market accounted foralmost 1.7 trillion yuan, which is a 12% increase compared to 2019. Under the general trend of digitalization in China, IoT technology, which in terms enhances the demand for enterprise mobility.
The enterprise mobility market comprising of various market players such asCodeproof Technologies, Vista Equity Partners, Evergreen Coast Capital, IBM Corporation, Sentient Technologies, Hewlett Packard Enterprise, Intel Corporation, AiCure LLC, NVidia Corporation, and Microsoft Corporation. These market players are adopting various innovations and acquisitions of business across various regions to maintain their dominance in the market.
For instance,in February 2022, Codeproof Technologies announced to offer of six months of free mobile device management software for Kyocera ultra-rugged smartphones. The integration of Codeproof is a top-notch enterprise mobility management that will enable the apps to remoteconfiguration and update them using Codeproof's cloud console. This technology will provide security solutions and productivity.
Moreover, in January 2021, Vista Equity Partners and Evergreen Coast Capital acquired Citrix for 16.5 billion USD. This acquisition aims to integrate Citrix’s digital workspace and unified communications tech with TIBCO,which is a Vista portfolio company that effortlessly merges applications and data across the enterprise technology infrastructure. This technology will assist employees to work remotely, reliably, and securely.
The enterprise mobility market report provides a quantitative analysis of the current market and estimations from 2021 to 2030. This analysis assists in identifying the prevailing market opportunities to capitalize on.
The study comprises an extensive analysis of the enterprise mobility market trends including the current and future trends for depicting the prevalent investment pockets in the market.
The information related to key drivers, restraints, and opportunities, and their impact on the enterprise mobility market is provided in the report.
The competitive analysis of the market players along with their market share in the enterprise mobility market is mentioned.
The SWOT analysis and Porter’s Five Forces model are elaborated on in the study.
The value chain analysis in the market study provides a clear picture of the stakeholders’ roles.
Solution
Service
Mobile Content Management
Mobile Application Management
Mobile Device Management
Mobile Identity Management
Others
Small and Medium-sized Businesses
Large Enterprises
Cloud
On-premise
Laptop
Tablet
Smartphones
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
RoW
UAE
Saudi Arabia
South Africa
Brazil
Remaining countries
Key Players
Codeproof Technologies Inc.
Vista Equity Partners
Evergreen Coast Capital
IBM Corporation
Sentient Technologies
Hewlett Packard Enterprise
Intel Corporation
AiCure LLC
Nvidia Corporation
Microsoft Corporation