Market Size of NA Managed Mobility Service Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 20.54 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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North America Managed Mobility Service Market Analysis
The North American managed mobility market was valued at USD 3.22 billion in 2020 and is expected to register a CAGR of 20.54% over the forecast period of 2021 - 2026.
- The primary driver for the managed mobility services market is the increasing adoption of BYOD (Bring-Your-Own-Device) policies across various industries.
- Organizations are adopting BYOD policies in a bid to enhance productivity, without compromising the security and privacy at the workplace. The increasing dependency on IT services for enterprise operations has compelled many organizations to look for alternatives to outsource their non-core activities.
- Furthermore, the rapid incorporation and adoption of the Internet of Things (IoT) devices among the organizations are projected to fuel the market's growth.