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Global Enterprise Mobility Market to Grow at a CAGR of 28.9% During 2021-2026, Aided by the Heightened Digitalisation Worldwide

According to a new report by EMR titled, ‘Global Enterprise Mobility Market Report and Forecast 2021-2026’, the market reached a value of around USD 25.4 billion in 2020. It is expected to witness a robust growth in the forecast period, growing at a CAGR of 28.9% between 2021 and 2026 to attain USD 116.50 billion by 2026.

The global enterprise mobility industry is being driven by the heightened digitalisation and rapid technological advancements. The rapidly increasing smartphone ownership, along with growing access to the internet and steady deployment of IoT solutions across business operations, are significantly contributing to the industry growth. Moreover, the security risks and data management issues are also contributing to the market growth, as through the remote working opportunities, employees can access company data and the company network through their personal devices, which poses a potential risk of data theft or leak. Furthermore, the diverse application potential of enterprise mobility is also aiding the market growth.

The rising demand for remote working opportunities is driving market players to invest in the development of advanced enterprise mobility solutions in order to invigorate their security potential, which is expected to positively stimulate the industry growth in the forecast period. For example, according to a press release issued by BlackBerry Limited (NYSE: BB), dated June 2019, the company announced the new upgrades for its BlackBerry Enterprise Mobility Suite, which will facilitate a secure connection between businesses and consumer applications and help maintain a seamless and continuous workflow. This would improve productivity and allow employees to swiftly collaborate with colleagues and consumers. Furthermore, another leading vendor of enterprise mobility solutions, Microsoft Corporation (NASDAQ: MSFT), in a press release dated April 2019, announced the integration of Wandera, a leading mobile security vendor, with its Enterprise Mobility+ Security suite to provide advanced multilevel security protection against a potential security breach.  Such developments are expected to drive the growth of the enterprise mobility industry.

Market Breakup by Component, Solution Type, Deployment Model, Enterprise Size, Device Type, Industry Vertical, and Region:

  • The market is divided based on component into solution and service.
  • On the basis of solution type, the market can be distributed into mobile content management, mobile application management, mobile device management, mobile identity management, and others.
  • The industry is bifurcated, on the basis of deployment model, into on premise and cloud. 
  • The market is segregated, based on enterprise size, into large and small and medium.
  • Based on device type, the industry can be categorised into laptop, tablet, and smartphones.
  • On the basis of industry vertical, the market is segmented into healthcare, energy and utilities, BFSI, retail, government and public sector, IT and telecom, education, and others.
  • Region-wise, the global market for enterprise mobility can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global market for enterprise mobility is being driven by the heightened digitalisation worldwide. 
  • The increased demand for remote working solutions with enhanced security potential is positively impacting the market growth. 
  • The increased deployment of enterprise mobility solutions across industries is also aiding the market growth. 
  • The rising technological advancements and development of improved enterprise mobility systems are further propelling the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for enterprise mobility for the periods (2016-2020) and (2021-2026). 
  • The report also offers historical (2016-2020) and forecast (2021-2026) market information for the components, solution types, deployment models, enterprise sizes, device types, industry verticals, and regions of enterprise mobility.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global enterprise mobility market are Ventraq Corporation, BlackBerry Limited, Citrix Systems, Inc., IBM Corporation, Infosys Limited, Microsoft Corporation, and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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