Global Managed Mobility Services Market Segmentation, By Technology (Mobile Device Management, Application Management, Security Management, and Support and Maintenance), Organization Size (SMEs and Large Enterprises), End-User (Travel and Hospitality, Media and Entertainment, I.T. and Telecommunication, Transportation and Consumer Utility Services, Healthcare, Entertainment, Retail, Hospitality, and Others) – Industry Trends and Forecast to 2031.
Managed Mobility Services Market Analysis
The managed mobility services (MMS) market is experiencing notable advancements and growth driven by emerging technologies and evolving business needs. Recent developments in this sector include the integration of Artificial Intelligence (AI) and Machine Learning (ML) to enhance device management and security. AI-driven analytics offer real-time insights into device performance and user behavior, enabling proactive issue resolution and optimized resource allocation.
Another significant advancement is the adoption of 5G technology, which boosts connectivity and speeds up data transfer. This enhances mobile application performance and supports the growing demand for seamless communication and collaboration tools. Additionally, the use of Internet of Things (IoT) in MMS allows for more comprehensive monitoring and management of a wide range of connected devices, from smartphones to IoT sensors.
The growth of the MMS market is driven by increasing organizational demands for scalable, secure, and cost-effective mobility solutions. Businesses are seeking to outsource their mobility management to specialized providers to focus on core activities while ensuring optimal device performance and data security. This trend is projected to continue as the need for advanced, integrated solutions rises.
Managed Mobility Services Market Size
The global managed mobility services market size was valued at USD 101.12 billion in 2023 and is projected to reach USD 507.76 billion by 2031, with a CAGR of 22.35% during the forecast period of 2024 to 2031. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Managed Mobility Services Market Trends
“Adoption of IoT-Enabled Solutions”
The managed mobility services (MMS) market is experiencing significant growth due to the increasing adoption of Internet of Things (IoT)-enabled solutions. Companies are leveraging IoT technology to enhance the management and optimization of their mobile device fleets. IoT integration allows for real-time monitoring, predictive maintenance, and automated updates, which improve device performance and security. For instance, IBM’s MaaS360 leverages IoT capabilities to offer advanced analytics and streamlined device management for enterprises. This trend not only reduces operational costs but also enhances overall efficiency and user satisfaction, driving the expansion of the MMS market.
Report Scope and Managed Mobility Services Market Segmentation
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Attributes
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Managed Mobility Services Key Market Insights
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Segments Covered
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Key Market Players
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Deutsche Telekom AG (Germany) Maxis Bhd (Malaysia), IBM Corp. (U.S.), Vodafone Group PLC (U.K.), Singtel (Singapore), StarHub (Singapore), Wipro (India), Telefónica S.A. (Spain), PLDT (Philippines), Orange S.A (France), Fujitsu Ltd, AT&T Inc. (U.S.), Hewlett Packard Enterprise Co. (U.S.), Celcom Axiata (Malaysia), and Accenture (U.S.)
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Market Opportunities
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Value Added Data Infosets
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In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Managed Mobility Services Market Definition
Managed Mobility Services (MMS) encompass the comprehensive management and support of mobile devices and applications within an organization. These services include device provisioning, lifecycle management, security, and support, as well as application management and data analytics. MMS providers handle tasks such as device procurement, configuration, and maintenance, ensuring compliance with security policies and optimizing device performance. By outsourcing mobility management, organizations can reduce costs, enhance operational efficiency, and focus on core business activities. MMS also helps in managing the complexities associated with BYOD (Bring Your Own Device) policies and integrating mobile technology with existing IT infrastructure.
Managed Mobility Services Market Dynamics
Drivers
- Increased Use of Mobile Devices
The rapid proliferation of smartphones, tablets, and laptops in the workplace has significantly driven the managed mobility services market. As businesses increasingly deploy diverse mobile devices, they face challenges in managing, securing, and optimizing these assets. For instance, global tech giant IBM implemented managed mobility services to streamline its extensive mobile device fleet, resulting in enhanced security and reduced operational costs. Similarly, a major retail chain, Walmart, leveraged managed mobility services to efficiently manage its thousands of devices used across its stores. This trend highlights the need for specialized services to handle device management complexities, thus fueling market growth.
- Rising Security Concerns
As mobile devices increasingly become targets for cyberattacks, businesses are investing more in managed mobility services to bolster their security frameworks. These services provide essential security measures such as data encryption, which protects sensitive information from unauthorized access. For instance, companies such as IBM have integrated advanced threat detection and response systems into their managed mobility solutions, helping clients swiftly identify and mitigate security breaches. Additionally, features such as remote wipe capabilities ensure that data can be securely erased from lost or stolen devices, reducing the risk of data breaches. This heightened focus on security drives the demand for managed mobility services, as organizations seek to safeguard their mobile ecosystems effectively.
Opportunities
- Focus on Core Business Functions
Outsourcing mobile device management (MDM) to managed mobility service providers creates a significant opportunity in the market by allowing companies to concentrate on their core business operations. For instance, in February 2023, Kyndryl and Microsoft launched their first Latin American Center of Excellence, establishing multidisciplinary teams in Brazil, Colombia, Mexico, and Peru. This center merges Kyndryl's IT expertise with Microsoft Cloud to help regional companies accelerate digital transformation by modernizing IT structures and legacy systems. As per IDC, the Latin American cloud market is set to grow over 30% by 2023. The center will provide essential resources, co-create assets, and scale innovation best practices.
- Advancements in Technology
The rapid evolution of 5G, IoT, and cloud computing is creating significant opportunities in the managed mobility services market. As 5G networks enhance connectivity speeds and support more connected devices, organizations need robust managed mobility solutions to integrate and optimize these advancements. For instance, IoT deployments in smart factories require efficient management of numerous interconnected devices, which managed mobility services can provide. Additionally, the shift towards cloud computing necessitates seamless integration of mobile devices with cloud applications, which managed services can facilitate. This synergy between emerging technologies and managed mobility services ensures businesses can leverage these innovations effectively while maintaining security and operational efficiency.
Restraints/Challenges
- High Implementation Costs
Implementing managed mobility services often requires substantial upfront investments in technology and infrastructure. This includes expenses for hardware, software, and setup, which can be particularly burdensome for small and medium-sized enterprises (SMEs). The high cost of adopting comprehensive mobility solutions can deter SMEs from investing in such services, limiting their ability to compete effectively in the market. As a result, the market growth is hindered, as these enterprises represent a significant portion of potential customers. The financial barrier created by these initial costs can slow the adoption rate and restrict the expansion of managed mobility services in the broader market.
- Complexity in Integration
Integrating managed mobility solutions with existing IT systems can be a significant challenge, hindering market growth. The complexity arises from compatibility issues between new and legacy systems, which may require extensive customization to function seamlessly together. This integration often demands specialized skills and resources, leading to increased implementation time and costs. Additionally, the process can be disruptive to existing workflows, causing delays and operational inefficiencies. These integration challenges can deter businesses from adopting managed mobility services, particularly if they face substantial costs and operational disruptions, ultimately affecting the overall growth and adoption rate in the market.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Managed Mobility Services Market Scope
The market is segmented on the basis of technology, organization size and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Technology
- Mobile Device Management
- Application Management
- Security Management
- Support and Maintenance
Organization Size
- SMEs
- Large Enterprises
End-User
- Travel and Hospitality
- Media and Entertainment
- I.T. and Telecommunication
- Transportation and Consumer Utility Services
- Healthcare
- Entertainment
- Retail
- Hospitality
- Others
Managed Mobility Services Market Regional Analysis
The market is analyzed and market size insights and trends are provided by technology, organization size and end-user as referenced above.
The countries covered in the market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America is expected to dominate the managed mobility services market because of its advanced technological infrastructure and high adoption of smart city initiatives, strong presence of major players in the market and rising number of research activities in this region.
Asia-Pacific is expected to witness significant growth in the managed mobility services market due to of rapid urbanization, increasing infrastructure development, and the adoption of advanced technologies in countries such as China, Japan, and India. In addition, the region's expanding automotive and consumer electronics industries contribute to the growing demand for infrared LED lighting solutions. Furthermore, favourable government initiatives and investments in smart city projects further drive the market growth in the Asia-Pacific region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Managed Mobility Services Market Share
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
Managed Mobility Services Market Leaders Operating in the Market Are:
- Deutsche Telekom AG (Germany)
- Maxis Bhd (Malaysia)
- IBM Corp. (U.S.)
- Vodafone Group PLC (U.K.)
- Singtel (Singapore)
- StarHub (Singapore)
- Wipro (India)
- Telefónica S.A. (Spain)
- PLDT (Philippines)
- Orange S.A (France)
- Fujitsu Ltd, AT&T Inc. (U.S.)
- Hewlett Packard Enterprise Co. (U.S.)
- Celcom Axiata (Malaysia)
- Accenture (U.S.)
Latest Developments in Managed Mobility Services Market
- In February 2023, Spanish company Telefónica SA and US-based Skydweller Aero Inc. formed a partnership to develop connectivity solutions using solar-powered aircraft. Their goal is to expand cellular coverage and provide reliable, affordable broadband access to underserved and unserved regions. This collaboration aims to enhance connectivity in remote areas, supporting both defense and commercial applications through innovative technology
- In July 2021, Wipro Limited and Celonis partnered to offer advanced process mining solutions for Wipro's Managed Services Solutions (MMS) clients. This collaboration seeks to enhance visibility into mobile device usage, identifying optimization opportunities and potential cost savings. The partnership aims to leverage Celonis's process mining capabilities to help clients improve operational efficiency and streamline their mobile device management strategies
- In February 2021, Verizon Communications Inc. and Deloitte announced a partnership to deliver integrated solutions that combine Deloitte’s consulting expertise with Verizon’s Managed Mobility Services (MMS). This collaboration is designed to provide customized solutions tailored to clients' specific needs, helping them achieve their business objectives. By merging consulting and mobility services, the partnership aims to optimize client operations and drive business growth
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