NEW YORK, Nov. 30, 2016 /PRNewswire/ — Enterprise mobility is the trend towards shifting in work habits, were many employees will work out of the office and use mobile devices and cloud services to perform business tasks. Enterprise mobility will change the way people work and improve employee productivity. The ability to work away from the office and work from remote locations will act as a establishing feature for enterprise businesses.
Supply – Demand Scenario:
The global enterprise mobility market was valued at around USD 85.7 billion in 2014 and is expected to reach USD 350.8 billion in 2020, growing at a CAGR of slightly above 26% for the forecasted period.
Growth by Region:
North America dominates the Enterprise mobility market with highest share in total revenue generation in 2014. North America is followed by Asia Pacific and Europe.
Drivers vs. Constraints:
Rapidly growing demand for smart phones, improved cooperation and communication between various enterprises, coupled with the growing popularity of CYOD and BYOD policies and speed gains for enterprises and the growth of handheld devices are the major factors driving this market.
The major restraints in this market are the management and perfection issues and security risks associated with use of personal devices.
Industry Structure and Updates:
Increasing demand from enterprises for tools for operational efficiency and effective data collection tools to gain a competitive advantage are also contributing to the growth of the enterprise mobility market. In current times, enhanced operational speed and maximum efficiency is what most enterprises are focused to attain. MobileIron enterprise mobility platform enables IT to manage and secure a diverse set of mobile devices, automatically provision enterprise settings such as Wi-Fi and VPN, and provide end-users with secure access to corporate email
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