Managed mobility to thrive in APAC over next four years, says GlobalData
Technological advancements in the connectivity solutions continue to eliminate accessibility barriers between individuals and enterprises within a broader existing digital ecosystem. The influx of connected devices has resulted in increased complexities for enterprises to manage devices connected to their network. As a result, managed mobility is expected be a major revenue driver for the overall enterprise mobility revenue in the Asia-Pacific (APAC) region, says GlobalData, a leading data and analytics company
GlobalData’s Market Opportunity Forecasts Model forecasts managed mobility services to account for one-third (equivalent to US$5.3bn) of the overall enterprise mobility revenue in APAC by 2023. The need to manage applications and the enforcement of security policies will result in the strong growth in mobile application platform management (CAGR of 27.1%) during the review period 2018-2023.
Sunil Kumar Verma, Lead ICT Analyst at GlobalData, comments: “Companies are increasingly adopting a mix and match of mobility offerings to improvise customer services, enhance marketing effectiveness, boost brand recognition and provide a digital communication medium for client interaction.”
IMAGE FOR PUBLICATION – Please click this link for the chart
A large Internet connected user base in the region (predominantly in China and India) will facilitate the domination of managed mobility services revenue to the overall mobility revenue during the forecast period. Focus by enterprises on conceptualizing the future workspace will drive the mobile content management and mobile device management spending during the period.
With the advent of 5G technology, the telcos too aspire to expand beyond their traditional telecom business offerings in order to offer collaboration and mobile workforce capabilities to the enterprises. As a result, telecom expense management will also become a critical aspect, as geographic coverage and bandwidth capacity becomes a key consideration factor for both the participating entities.
Sunil concludes: “The number of enterprises embarking on enterprise mobility continues to grow. This in-turn will require significant capability enhancements to enable them deliver a broader set of their pre-defined digital initiatives and meet enterprise level regulatory requirements.”
For more information
Analysts available for comment. Please contact the GlobalData Press Office:
Asia-Pacific: +91 40 6616 6809
EMEA & Americas: +44 (0)207 832 4399
To gain access to our latest press releases and expert analysis on developments in your industry, please connect with us on:
GlobalData | LinkedIn | Twitter
Notes to Editors
- Comments provided by Sunil Kumar Verma, Lead ICT Analyst at GlobalData
- Information based on GlobalData’s Market Opportunity Forecasts Model
- GlobalData Market Opportunity Forecasts Model provides revenue opportunity forecasts for 15 IT solutions for the period 2019-2023, spanning 17 technology segments, 37 geographical markets, six regions, 22 verticals and two size bands
- This report was built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by GlobalData’s team of industry experts
4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.
Disclaimer: The story is in the form of a Press Release and has not been edited or reviewed for language or content. The content is published in the form that it was received by the editors after removing certain personal information such as contact numbers and emails. CXOToday.com is not responsible for the veracity of this content