Research and Markets reports the global Managed Mobility Services (MMS) market will reach $65 billion within the next eight years. The report indicates the market will grow at a CAGR of 34 percent until 2025.
The Managed Mobility Services market includes Mobility Device Management (MDM), Mobile Application Management (MAM), Mobility Platform Management (MPM), and other security and hosting services for mobile devices.
The growing popularity of enterprise applications, cloud-based mobile services and BYOD policies contributes to the market’s substantial growth in the coming years. As more enterprises use smartphones and tablets as primary computing devices, the need for secure and efficient MMS services will continue to rise.