Managed Mobility Services Market 2021 Industry Overview, Competition by Manufacturers, Production Capacity by Region, Forecast by 2030 | Says Kenneth Research

In a recent published report, Kenneth Research has updated the market report for Managed Mobility Services Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Managed Mobility Services Market products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further projected to touch USD 6 million by 2023

Managed mobility services involves outsourcing and managing services that many businesses provide for the smooth operational functioning of organizations. This helps the organizations to have a more diverse environment. Major factors driving the growth of managed mobility services market are increasing adoption of BYOD policies by many organization, increasing demand for integrated managed mobility service solutions and emerging hybrid cloud-based managed mobility service solutions which helps in creating greater opportunities in market. The market by type is segmented into mobile device management, application management, security management and support & maintenance. Outsourcing of support and maintenance saves a lot of time.

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Owing to this, there is a considerable rise in the adoption of managed mobility services market. Mobile device management segment is expected to hold the largest market share owing to rise in the adoption of BYOD among organizations to gain a competitive advantage in the market. The mobile device management is expected to grow due to the high usage of mobile devices for accessing business content. The security function is also expected to show increase in the growth opportunities with a high CAGR during the forecast period.The global managed mobility services market was valued at USD 4.21 Billion in the year 2016 and is projected to reach USD 22.53 Billion by the end of the forecast period growing at 12.97% CAGR.

Key Players
The key players of Managed Mobility Services market are Wipro Ltd (India), IBM Corporation (U.S.), Orange S.A (France), Fujitsu Ltd (Japan), AT&T Inc. (U.S.), Telefónica S.A (Spain), Deutsche Telekom AG (German), Vodafone Group PLC (U.K), Singtel (North America), StarHub (North America) Celcom Axiata (U.S.), Maxis Bhd (U.S.), The Philippine Long Distance Telephone Company PLDT (Smart) (Canada), Accenture PLC (Dublin), Hewlett Packard Enterprise Co. (U.S.) and others.

Global Managed Mobility Services Market Analysis & Forecast, from 2017 to 2023
• To provide a detailed analysis of the market structure along with forecast for the next six years of the various segments and sub-segments included in the global managed mobility services market with analysis of its development and demand in the market
• Upcoming technologies, high growth geographies, and countries have been identified 
• Regional and country-specific demand and forecast for the managed mobility services market are studied
• Key market segments covered in the report are type, end-users, and region.
• For all the regions, forecast demand for all applications has been identified, and then with historical figure, data collected through primary and annual reports are triangulated to derive the regional market size
• Historical trends are identified to forecast and estimate the future value data 

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Target Audience 
• Mobility management service companies
• Managed service providers
• Research and development companies
• Market research and consulting firms
• Solution providers
• Technology standards organizations
• Technology investors
• System Integrators

Key Findings
• The global managed mobility services market was valued at USD 4.21 billion in 2016 and is expected to reach USD 27.21 Billion by 2023 with 31.21% CAGR during the forecast period 2017-2023.
• By type, the mobile device management segment accounts for the largest market share and is projected to grow with 31.09% CAGR during the forecast period.
• By end-user segment, IT & telecommunication segment holds the largest market share and is projected to grow with 32.46% CAGR during the forecast period.
• Geographically, North America region holds the largest market share in Global Managed Mobility Services market followed by Europe and Asia Pacific.

Regional and Country Analysis of Managed Mobility Services Market Estimation and Forecast
The regional analysis of managed mobility services market is studied for Asia Pacific, North America, Europe and Rest of the World. North America region accounts for the largest share in managed mobility services market due to increasing use of enterprise and productivity application. The managed mobility services market in the European region is expected to witness rapid growth in the forthcoming period. Asia Pacific is expected to be the fastest growing region during the forecast period. The presence of advanced infrastructure and adoption of cutting-edge technology is aiding the growth of managed mobility services market in the region.

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The reports also cover country-level analysis:
• North America
• Europe
Rest of Europe
• Asia Pacific
Rest of Asia Pacific
• Rest of the World
The Middle East & Africa
Latin America

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Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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Darlene Dooley is a research expert and freelance writer. She is very dedicated towards her work and writing. She enjoys to write on current news on any industry and conclude the news with highly professional report. She has almost 8 years of experience in the same field. She has strong professional skill in Market research, Business Strategies, online marketing, Industry analysis interested in innovative and trending technologies.

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