ALBANY, N.Y.--(BUSINESS WIRE)--Transparency Market Research has released a new market study, titled “Enterprise Mobility Market (Software - Mobile Device Management, Mobile Application Management, Enterprise Email and Content Management and Others; Security Solutions - Mobile Data Security, Mobile Device Security, Network Security and Mobile ID Security) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2022”, which projects the global enterprise mobility market to rise at a remarkable 24.70% CAGR from 2015 to 2022. If the projected figure holds true, the market will have a valuation of US$510.39 billion by 2022, increasing from US$86.36 billion in 2014.
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The report states that improved communication and collaboration between enterprises, proliferation of handheld devices, enhanced operational efficiency for enterprises, and growing popularity of BYOD and CYOD policies are the major factors driving the enterprise mobility market.
In addition, increasing demand from enterprises for tools for operational efficiency and effective data collection tools to gain a competitive advantage are also contributing to the growth of the enterprise mobility market. In current times, enhanced operational speed and maximum efficiency is what most enterprises are focused to attain.
The report divides the global enterprise mobility market on the basis of software, devices, applications, and geography. By device type, tablets, smartphones, and laptops are the various segments of the market. Whilst in 2014, the laptops device segment held the largest market share, it is the smartphones segment that is expected to display robust growth during the forecast period. This is mainly due to the easy portability and high functional offerings of smartphones, which is leading to continually increasing sales of these devices.
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By software, mobile device management is the most widely used segment and accounted for the largest market share in 2014.
Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.