Managed mobility services market to reach nearly $20 billion in five years
Trends in the bring-your-own-device sector indicate that the market for managed mobility services will reach $19.4 billion within the next five years, according to MarketsandMarkets.
The market for managed mobility services — defined in the report as device and system management, mobile service management and sourcing and logistics management — is expected to grow at a blistering compound annual growth rate of 33.6 percent. Technology firms are major innovators in the mobile device management space.
The report notes that while North America is expected to maintain the largest market for mobility services, the Asia-Pacific region is actually projected to achieve the highest growth rate. This is because of the number of developing countries and the infrastructure that will be built out in the coming years. The firm also predicts the Middle East, Africa and Latin America will see growth in this market space.
Factors driving managed mobility growth
This market is…
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