Managed Mobility Services Market

Managed Mobility Services Market Overview

The global Managed Mobility Services Market size was valued at USD 26.69 billion in 2023 and is predicted to reach USD 182.56 billion by 2030 with a CAGR of 31.1% from 2024-2030. Managed mobility services (MMS) include the outsourcing of managing mobile devices, software, and services that is used by companies to streamline operations, ensure security, and enhance productivity.

The MMS works by providing end-to-end solutions including device procurement, mobile app management, security policies, and technical support through cloud-based platforms. The key benefits include enhanced security, cost control, reduced downtime, improved efficiency, and the ability to scale mobile infrastructures with minimal efforts.

The MMS also supports compliance with data regulations and provides real-time analytics for better decision-making. The MMS compared to traditional in-house management offers greater flexibility, reduced IT burden, proactive monitoring, and better access to specialized expertise that makes it an efficient and cost-effective alternative for enterprises managing large and complex mobile ecosystems.

Market Dynamics and Trends

The growing healthcare expenditure fuels the managed mobility services market growth due to the increasing need for advanced and efficient mobile solutions in healthcare settings.

The rising investments in healthcare infrastructure and technology lead to a higher demand for enterprise mobility solutions that support the management, integration, and optimization of mobile devices and applications. The requirement for these services is driven by the need to enhance healthcare delivery, improve patient management, and ensure data security.

As per the latest report published by the World Band Group, the global healthcare expenditure per capita accounted for USD 1638 in 2021 as compared to USD 1384 in 2018, marking a growth of 18.4% in the period of 3 years. The rapid healthcare expenditure focuses on streamlining operations and improving patient care through mobile solutions that contributes to the managed mobility services market expansion.

Moreover, the rapidly expanding manufacturing sector further fuels the growth of the market as it necessitates the demand for efficient and reliable mobile solutions to manage complex manufacturing processes.

The rise in manufacturing activities drives the need for integrated mobile device management, that helps optimize operations, enhance productivity, and streamline communication across various stages of production.

As per the latest report published by the United Nations Industrial Development Organization (UNIDO), the global manufacturing production increased 9.4% in 2021 as compared to 4.2% in 2020. The expansion of manufacturing operations accelerates the adoption of cloud-based mobility services to meet the growing demands of the sector.

Furthermore, the growing retail industry propels the growth of the managed mobility services market as it drives the need for advanced mobile solutions to enhance customer experiences and streamline operations.

The expansion of retail operations including the adoption of mobile point-of-sale systems, inventory management tools, and customer engagement applications necessitates efficient management of mobile devices and applications.

As per the latest report published by the Klynveld Peat Marwick Goerdeler (KPMG), the global retail sector is projected to reach USD 22.36 trillion by the end of 2024. As retailers invest in mobile technology to improve operational efficiency and customer service, the managed mobility services market trends experience significant growth.

However, high initial costs and data security concerns, particularly in industries with stringent compliance requirements, hinder the adoption of these services, thereby restrain the growth of the market.

On the contrary, the integration of 6G technology creates future growth opportunities in the market as it enables faster, more reliable connectivity and advanced applications across industries.

The ultra-low latency, enhanced data transfer speeds, and massive network capacity of 6G supports the deployment of next-generation IoT devices, autonomous systems, and real-time analytics. The ability to manage and secure a vast number of connected devices in complex environments becomes crucial, driving the managed mobility services market demand, ultimately amplifying the need for comprehensive mobility solutions.

Market Segmentations and Scope of the Study

The managed mobility services market report is divided into service type, enterprises, deployment model, end user, and region. On the basis of service type the market is divided into mobile device management (MDM), application management, security management, device lifecycle management, expense management, and others. On the basis of enterprises, the market is classified into small & medium-sized enterprises (SMEs) and large enterprises. On the basis of deployment model, the market is segmented into on-premise, cloud based, and hybrid. On the basis of end user, the market is bifurcated into IT & telecom, healthcare, retail, manufacturing, banking, financial services, & insurance (BFSI), government & public sector, and others. Regional breakdown and analysis of each of the aforesaid segments includes regions comprising of North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America dominates the managed mobility services market share at present and is projected to continue its dominance throughout the forecast period. This is owing to the significant healthcare expenditure in the region that drives the adoption of advanced mobility solutions within the sector.

The substantial investment in healthcare technology necessitates robust managed mobility services to ensure seamless integration, security, and support patient care, medical records management, and other critical functions.

According to the latest report published by the World bank Group, the regions healthcare expenditure per capita accounted for USD 11,842 in 2022 as compared to USD 10,127 in 2019 marking a growth of 16.9% in the span of 3 years. The substantial healthcare expenditure focuses on enhancing healthcare delivery through technological advancements reinforces the demand for managed mobility services that ultimately accelerates the expansion of the market.

Moreover, the expanding retail industry in the region accelerates market growth by increasing demand for advanced solutions that streamline operations and improve service quality. The expansion of retail operations necessitates robust systems for managing inventory, sales, and customer interactions.

As per the latest report published by the U.S. Census Bureau, the total retail sales for the second quarter of 2024 accounted for USD 1.83 trillion marking a growth of 0.5% from the previous quarter. This growth increases the need for integrated technologies and services that streamline processes, improve data management, and optimize supply chains that ultimately boosts the managed mobility services market growth.

On the other hand, Asia-Pacific region is considered the fastest growing region in the managed mobility services industry. This is due to the rapidly expanding BFSI sector in the region that drives substantial demand for efficient and secure mobility solutions. The increasing adoption of mobile technologies by banks, financial institutions, and insurance companies in the region to enhance services, streamline operations, and manage large volumes of transactions makes the need for comprehensive managed mobility services critical.

According to the latest report published by the India Brand Equity Foundation (IBEF), the fintech industry in India is projected to reach USD 150 billion by 2025. This growth ensures the secure and effective management of mobile devices and applications used in the BFSI sector, supporting the sector's growth and contributing to the overall expansion of the market in the region.

Furthermore, the growing manufacturing sector further drives the growth of the managed mobility services market in this region as it increases the demand for advanced mobility solutions to optimize production processes and supply chain management. The expansion of manufacturing operations necessitates efficient and integrated systems for managing inventory, equipment, and workforce mobility.

As per the latest report published by the Center for Economic and Policy Research (CEPR), China witnessed a significant growth in the manufacturing exports from 3% in 1995 to 20% in 2020. The requirement for secure device management and streamlined communication further supports this demand, accelerating market growth by addressing the evolving needs of the manufacturing industry.

Competitive Landscape

The managed mobility services industry comprises of various market players that includes AT&T Intellectual Property, Fujitsu Limited, Kyndryl Holdings, Inc., Wipro Limited, Orange S.A., Telefónica, S.A., Samsung Electronics Co., Ltd., the Hewlett Packard Enterprise Company, Vodafone Group Plc, Microsoft Corporation, and others. These companies are adopting various strategies such as product launch to maintain their dominance in the sector.
For instance, in November 2023, Microsoft Corporation launched Secure Future Initiative (SFI) that focuses on protecting digital infrastructure, fostering collaboration among governments and organizations by strengthening security for mobile devices and applications.

Moreover, in October 2022, Samsung launched Zero Touch Mobility to simplify and hyper automate mobile lifecycle management by integrating various mobile ecosystem components, including Enterprise Mobility Management (EMM) and Unified Endpoint Management (UEM), directly into the ServiceNow platform.

Key Benefits

• The report provides quantitative analysis and estimations of the managed mobility services industry from 2024 to 2030, which assists in identifying the prevailing market opportunities.

• The study comprises a deep-dive analysis of the current and future managed mobility services market trends to depict prevalent investment pockets in the sector.

• Information related to key drivers, restraints, and opportunities and their impact on the market is provided in the report.

• Competitive analysis of the key players, along with their market share is provided in the report.

• SWOT analysis and Porters Five Forces model is elaborated in the study.

• Value chain analysis in the market study provides a clear picture of roles of stakeholders

Managed Mobility Services Market Key Segments

By Service Type

• Mobile Device Management (MDM)

• Application Management

• Security Management

• Device Lifecycle Management

• Expense Management

• Others

By Enterprises

• Small & Medium-Sized Enterprises (SMEs)

• Large Enterprises

By Deployment Model

• On-Premise

• Cloud Based

• Hybrid

By End User

• IT & Telecom

• Healthcare

• Retail

• Manufacturing

• Banking, Financial Services, & Insurance (BFSI)

• Government & Public Sector

• Others

By Region

• North America

  • The U.S.

  • Canada

  • Mexico

• Europe

  • The UK

  • Germany

  • France        

  • Italy        

  • Spain        

  • Denmark        

  • Netherlands        

  • Finland        

  • Sweden        

  • Norway        

  • Russia        

  • Rest of Europe    

• Asia-Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Singapore

  • Taiwan

  • Thailand

  • Rest of Asia Pacific

• RoW

  • Latin America

  • Middle East

  • Africa

Key Players

• AT&T Intellectual Property  

• Fujitsu Limited  

• Kyndryl Holdings, Inc.  

• Wipro Limited  

• Orange S.A.  

• Telefónica, S.A.  

• Samsung Electronics Co., Ltd.  

• Hewlett Packard Enterprise Company  

• Vodafone Group Plc  

• Microsoft Corporation

REPORT SCOPE AND SEGMENTATION:

Parameters	Details
Market Size in 2023	USD 26.69 Billion
Revenue Forecast in 2030	USD 182.56 Billion
Growth Rate	CAGR of 31.1% from 2024 to 2030
Analysis Period	2023–2030
Base Year Considered	2023
Forecast Period	2024–2030
Market Size Estimation	Billion (USD)
Growth Factors	The growing healthcare expenditure fuels the growth of the market The rapidly expanding manufacturing sector further fuels the growth of the market The growing retail industry further fuels the growth of the market
Countries Covered	28
Companies Profiled	10
Market Share	Available for 10 companies
Customization Scope	Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs.