Market Size of Enterprise Mobility in Manufacturing Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 22.19 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Enterprise Mobility in Manufacturing Market Analysis
Enterprise Mobility in Manufacturing Market is expected to register a CAGR of 22.19% over the forecast period. Manufacturing facilities resorted to mobility solutions for support following the demise of 2G and the rapid development of the Industrial Internet of Things. Mobility solutions are beneficial in the industrial sector and would drive market expansion over the projection period since they can remotely monitor several metrics.
- Due to the demand for business process improvement, the manufacturing sector has increasingly implemented Enterprise Mobility solutions that allow manufacturers to raise their productivity and quality. Mobile technology is being used in industrial processes, transforming the industry because mobility is a crucial factor in this development.
- Mobile apps are being utilized in the manufacturing sector as a marketing tool to broaden the company's customer base and custom enterprise apps to improve internal processes and staff communication. These programs contribute to higher production, cost-cutting, efficiency improvement, and customer service. The last two decades have seen remarkable growth in worldwide digital connection, which has reached new dimensions every year.
- Further, the Industrial Internet of Things (IIoT) has accelerated enterprise mobility use cases in the manufacturing sector. IoT devices automatically handle warehouses, inventory, and development cycle monitoring. The IIoT offers its users uncompromised levels of efficiency and performance with the aid of technologies like Machine-to-Machine (M2M) connectivity, industrial Big Data analytics, and cybersecurity. As a result, this is altering how individuals interact and conduct themselves in a manufacturing setting.
- However, all mobile channels must have the proper authentication in place, and appropriate levels of corporate network governance must be in place. In some circumstances, it will also require the maintenance of various user identities. Data leakage must be avoided by securing enterprise apps when utilizing personal devices. As a result, a security vulnerability limits market expansion.
- Employers were compelled to give their staff members access to remote work opportunities to conduct business away from the corporate infrastructure concerning the global transmission of COVID-19. Many companies have also created a BYOD scheme that permits staff to use their own devices for work amid this pandemic crisis to maintain company continuity. Companies who use a remote workforce may be ensured their workers have access to company resources while working from home and the necessary equipment to be efficient. These elements encouraged big businesses to use enterprise mobility management tools in the manufacturing sector.
Enterprise Mobility in Manufacturing Industry Segmentation
Enterprise mobility (sometimes referred to as business mobility) can be defined as an approach of companies to provide remote working choices, permit the use of personal laptops and mobile devices for work-related activities, and utilize cloud technology for data access. The market for the study defines the revenues accrued from various devices, considered under the scope, across multiple vendors across the manufacturing sector.
The Enterprise Mobility in Manufacturing Market is segmented by Devices (Smartphones, Laptops, Tablets), Deployment (On-Premise, Cloud), and Geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa).
The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
By Device | |
Smartphones | |
Laptops | |
Tablets |
By Deployment | |
On-Premise | |
Cloud |
Geography | |
North America | |
Europe | |
Asia-Pacific | |
Latin America | |
Middle East & Africa |
Enterprise Mobility in Manufacturing Market Size Summary
The Enterprise Mobility in Manufacturing Market is experiencing significant growth, driven by the integration of mobility solutions within the industrial sector. As manufacturing facilities transition away from outdated technologies like 2G, the adoption of mobility solutions has become essential, particularly with the rise of the Industrial Internet of Things (IIoT). These solutions enable remote monitoring and management of various metrics, enhancing productivity and quality. The use of mobile technology in industrial processes is transforming the sector, with mobile apps serving as tools for marketing and improving internal processes. This transformation is further accelerated by the IIoT, which offers enhanced efficiency and performance through technologies such as Machine-to-Machine connectivity and industrial Big Data analytics. However, the market faces challenges related to security vulnerabilities, necessitating robust authentication and governance measures.
The market is also influenced by the global shift towards remote work, particularly due to the COVID-19 pandemic, which has prompted many companies to adopt Bring Your Own Device (BYOD) policies. This trend has led to increased demand for enterprise mobility management tools in the manufacturing sector. The fourth industrial revolution has made IoT-enabled corporate mobility a necessity, allowing manufacturers to collect and analyze data across equipment for more flexible and efficient processes. The use of autonomous robots is expected to rise, further driving IIoT growth and market expansion. In the Asia-Pacific region, the adoption of advanced technologies like artificial intelligence and cloud infrastructure is propelling the market forward. The fragmented market sees major players like Blackberry Limited, Cisco Systems, and Microsoft Corporation continuously updating their offerings to align with technological advancements. Recent developments, such as Crave-InfoTech's cMaintenance product and Tata Consultancy Services' Mobility Cloud Suite, highlight the ongoing innovation and adaptation within the industry.
Enterprise Mobility in Manufacturing Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Value Chain Analysis
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Threat of New Entrants
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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1.4 Assessment of the Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Device
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2.1.1 Smartphones
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2.1.2 Laptops
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2.1.3 Tablets
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2.2 By Deployment
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2.2.1 On-Premise
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2.2.2 Cloud
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2.3 Geography
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2.3.1 North America
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2.3.2 Europe
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2.3.3 Asia-Pacific
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2.3.4 Latin America
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2.3.5 Middle East & Africa
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Enterprise Mobility in Manufacturing Market Size FAQs
What is the current Enterprise Mobility in Manufacturing Market size?
The Enterprise Mobility in Manufacturing Market is projected to register a CAGR of 22.19% during the forecast period (2024-2029)
Who are the key players in Enterprise Mobility in Manufacturing Market?
Blackberry Limited, Cisco Systems, Inc., Citrix Systems, Inc., Microsoft Corporation and McAfee, LLC are the major companies operating in the Enterprise Mobility in Manufacturing Market.