Mobility Technologies Market Insight
Mobility technology has transformed the way individuals live, play, and work. In addition, adoption of mobility technology among various large and small & medium enterprises is driving growth of the mobility technology market. Furthermore, various educational institute, business, and other industries such as healthcare, IT & telecom are investing heavily to upsurge their mobility projects. Moreover, various organizations are adopting mobility technology owing to its numerous benefits which include high security features and increase control on critical data of the organization. In addition to this, various features provided by mobility technology to business users such as multitasking, instant messaging tools, GPS navigation system and other is propelling the growth of the market.
Impact of COVID-19 onMobility Technologies Market:
- The working of many security teams is likely to be reduced due to the COVID-19 pandemic thereby making detection of malicious activities difficult and responding to these activities even more complicated. Revising patches on systems may also be a challenge if security teams are not operational.
- Organizations should take hands-on steps by advising their staff and customers to be more attentive and cautious especially when opening links, emails or documents related to the subject COVID-19.
- Organizations should safeguard their detection and alerting capabilities are useful while keeping an eye on the impact of having many remote workers.
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Rise in demand for smart devices across the globe and adoption of advance technology in wireless connectivity in emerging countries are major factors expected to boost the growth of global mobility technologies market during the forecast period. However, lack of mobility technological awareness among individuals can hamper the growth of market. Contrarily, increasing adoption of 3D cameras for the generation of 3D models of real objects and rise in inclination towards BYOD among industries are the opportunistic factors for the global market growth during forecast period.
Rise in demand for smart devices
Growing demand for smart devices such as wearable devices, e-readers, 3D cameras and others among various business to upsurge their security features and to provide employees with enhance mobility devices drives the growth of the market.
However, things change fast. According to the June 2016 Ericsson Mobility report, whichwrestled in a post on increase of mobility data traffic, IoT is expected to surpass mobility phones as largest category of connected devices in 2018.IoTapparently isn’t just a matter of mobility alone. Indeed, in business applications, fixed lines and so forth are still leading. However, wireless IoT protocols are growing faster and then there is 5G on IoT horizon.
Lack of awareness
Many SMEs across the globe are still using traditional way for working and still unaware about various cloud and other IoT technology. In addition to this, various business is still not adopting mobility technology and cloud-based technology which hampers the growth of the market. Furthermore, various companies in emerging countries such as China and India do not have adequate knowledge about cloud solution for inventory management, managing bills and other services which hampers the growth of the market. In other cases, businesses do not have the required expertise on staff, or the employees are not able to adapt themselves to the techno-commercial mindset that every cloud business needs. Some also struggle with automation – they do not understand how manual processes increase their expenses.
Key benefits of the report:
- This study presents the analytical depiction of the global mobility technologies industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global mobility technologies market share.
- The current market is quantitatively analyzed to highlight the global mobility technologies market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed market analysis based on the present and future competitive intensity of the market.
Mobility Technologies Market Report Highlights
| Aspects | Details |
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 By End User |
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 By Region |
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 Key Market Players | Microchip Technology Inc., SAMSUNG, Nuance Communications, Inc., Qualcomm Technologies, Inc., Sierra Wireless, Apple Inc, Autotalks, Texas Instruments Incorporated, Intel Corporation, STMicroelectronics |
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