In 2014, the Managed Mobility Services Market was valued at around US$2.5 billion. By 2019, that number is expected to exceed US$10 billion.
Over the years, the Global Managed Mobility Services Market has been experiencing growth in its revenue. With the increase in the number of enterprises, the implementation of the BYOD policy has seen a rise.
In addition, the number of individual consumers carrying mobile devices has increased considerably. Many service providers provide on-site implementation of managed mobility services; however, some organizations prefer cloud-based mobility management services. Cloud-based mobility management services ensure data availability on demand.
On top of that, management of applications and mobile devices and the security of mobile devices have become easier and more efficient compared to the traditional methods.
Architecture of Managed Mobility Services
Despite being expensive, managed mobility services reduce complexity and risk. Hence, they can be provided over smartphones, tablets, laptops, and iPads. They help the device providers in providing updates for software and over-the-air provisioning of applications. Managed mobility services use a subscription-based model for flexibility and cost-effectiveness.
Market Attractiveness by Service Type
The market attractiveness is the highest for MSM because security is the major concern for enterprises with the growth of the social media content. Security is crucial because the loss of data over a network can be catastrophic for individuals and enterprises.
The market attractiveness for MDM is comparatively low. Device management includes data management and application management, which ensure proper functioning of mobile devices.
The market attractiveness for MAM is the lowest because the usage of applications increases with the increased usage of mobile devices. Hence, new methods are being implemented for better maintenance of applications.
