In recent times, organizations around the world have been rapidly embracing agile, intelligent, and digital solutions for a wide spectrum of business functions. Decision-makers have been expressing an acute cognizance about the benefits of hybrid workspaces. Consequently, a consistent rise in work-from-home cultures, coupled with the pressing need to build competent security systems, has opened lucrative opportunities in the global enterprise mobility market. Business benefits such as increased workforce productivity, higher levels of employee engagement, improvement in enterprise-wide collaboration, and cost savings have created favorable demand for enterprise mobility solutions. Going forward, the sound acceptance of Bring Your Own Device (BYOD) programs, increased security concerns, adoption of cloud-powered solutions, and rise in the ownership of smart devices are expected to emerge as the foremost growth drivers of the enterprise mobility market.
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Preference for Remote Work to Augment Demand for Solutions in Enterprise Mobility Market
The COVID-19 pandemic drove businesses of all types and sizes to online and digital workspaces. This trend is going strong as organizations are steadily transitioning to fully digital or hybrid workspaces. Today, employees are seeking flexible work options which enable them to work from anywhere with ease. This has propelled decision-makers to lookout for efficient cybersecurity solutions. As a result, the demand for enterprise mobility solutions has become more important than ever. These solutions help employers to secure their online workspace, identify and patch vulnerabilities, and effectively manage remote endpoints. Due to this, the global enterprise mobility market is poised to reach sound maturity in the coming years, presenting industry players with several growth opportunities.
Cybersecurity Concerns, Race Toward Cloud-enabled Systems to Open New Business Opportunities in Enterprise Mobility Market
Enterprise mobile devices are susceptible to severe phishing attacks, malware attacks, and data theft attempts. In the recent past, the overarching need to secure business systems has dramatically magnified the demand for enterprise mobility solutions. Such solutions are inclusive of remote security and enterprise management features that aid BYOD and corporate device management. The popularity of cloud-based enterprise mobility market solutions is set to rise as they offer greater flexibility, operational efficiency, and scalability. Notably, the enterprise mobility market is positively supported by a steadily maturing digital banking landscape, the adoption of cloud-enabled business functions, and enterprise-wide preference for cloud-first strategies. All these developments necessitate the creation of robust cybersecurity systems, thus spurring the global demand for enterprise mobility market solutions.
Large-scale Digitization of Essential Services Positions North America as the Leader in Enterprise Mobility Market
North America is projected to command the most significant share in the global enterprise mobility market. The region is home to several vendors of the enterprise mobility market which makes it a lucrative hub for prominent partnerships. In North America, sectors such as BFSI, healthcare, retail, and life sciences are expected to witness the highest adoption of enterprise mobility solutions. In the years to follow, rapid digitization of banking, healthcare, and educational services are predicted to unleash favorable business outcomes in North America’s enterprise mobility market.
Major Market Players
The main players of the global enterprise mobility market include Infosys Ltd, IBM Corporation, Amtel Inc, VMware Inc., Microsoft Corporation, Blackberry Limited, Soti Inc, Sophos Ltd, SAP Se, and Citrix Systems.
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