Global Managed Mobility Services Industry to 2026 - Cloud-Based Services Grow in Prominence Over Traditional Managed Services -

Global Managed Mobility Services Industry to 2026 – Cloud-Based Services Grow in Prominence Over Traditional Managed Services –

DUBLIN – (BUSINESS WIRE) – Managed Mobility Services (MMS) – Global Market Trajectory & Analytics report has been added to’s offering.

In the midst of the COVID-19 crisis, the global market for Managed Mobility Services (MMS), which grew to 12.7 billion in the analysis period in 2020.

Device Management, one of the segments analyzed in the report, is expected to experience a CAGR of 30.9% and reach $ 46 billion by the end of the analysis period. After a thorough analysis of the business impact of the pandemic and the economic crisis that has caused it, growth in the Application Management segment will be adjusted to a revised CAGR of 27.2% for the next 7 year period.

The U.S. market is valued at $ 6.3 billion in 2021, while China is projected to reach $ 6.7 billion by 2026

The US managed mobility services (MMS) market is estimated at $ 6.3 billion in 2021. China, the world’s second largest economy, is projected to reach a market size of $ 6.7 billion by 2026, followed by a CAGR of 42.1% over the analysis period. Other notable geographic markets include Japan and Canada, which are projected to grow 24.4% and 27.7% respectively over the analysis period. A growth of approx. 28.2% CAGR is forecast for Germany within Europe.

The rise in the number of mobile devices used by corporate employees to access corporate information is supported by the solid adoption of BYOD / CYOD strategies in companies and the complexity that comes with deploying and managing such a mobile environment an important factor for the introduction of MMS between companies. The need to replace the traditional strategy of subscribing to dedicated services for each of the functional areas of enterprise mobility delivery and moving to bundled services consisting of managing telecommunications expenses; Apps, Content & amp; Platform management; Collaboration management; Program & amp; Finance and other functions in order to benefit from efficiency and cost advantages will, in particular, significantly promote the acceptance of MMS in companies.

Security management segment will reach $ 11.7 billion by 2026

The global security management market is estimated at 1.9 billion US dollars in 2020 and is expected to reach 11.7 billion US dollars by 2026, which corresponds to an average annual growth rate of 35.1% over the analysis period. The United States is the largest regional market for the security management segment, accounting for 41.1% of global sales in 2020. China will have the fastest cumulative annual growth rate of 47.6% over the analysis period, reaching $ 1.5 billion by the end of the analysis period.

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