Procurement Outlook
Managed Mobility Services (MMS) is an end-to-end comprehensive process that transforms a business into a mobility-equipped enterprise. The process includes the procurement of the devices, deployment of these devices by configuring the right set of business apps, tools, and content, management of these devices along with the software, apps, and data lying on them, and virtually bridging the connection between remote workforce and the enterprise.
MMS is often misinterpreted with Mobile Workforce Management (MWM). While MMS caters to the organization as a whole, MWM caters specifically to employees working out of office premises.
Demand Outlook
The global Managed Mobility Services market was valued at USD 14.9 billion in 2020 and is expected to grow at a CAGR of 32.7% from 2020 to 2025. While organizations had been implementing MMS services for a while now due to the rising tendencies of the BYOD (bring your own devices) trend, the COVID pandemic has hurried up the adoption of MMS for corporates. With several companies rethinking about opening their premises at 100% capacity, frameworks to implement MMS are being carried out. Once implemented, the contractual service and maintenances of these frameworks will help drive the market through revenue generated from the installed base.
Grab your copy, or request for a free sample of the “Managed Mobility Services Market Procurement Intelligence Report, published by Grand View Research” for In-depth details regarding supplier ranking and selection, sourcing, and pricing criteria & strategies.
Cost Drivers
The market is expected to grow at a high CAGR of 32.7%. Three major reasons driving the market are the increasing adoption of BYOD policies, outsourcing non-core business activities, and remote working scenarios. While these essentially do not make the cost drivers, they ascertain market stability and future growth pockets.
While greater adoption of BYOD policies helps the growth of the market, this coupled with the development of IoT see greater cost savings per employee if Managed Mobility Services are adopted by an organization. Cisco analyses that BYOD favoring organizations save USD 350 per employee annually compared to companies who do not. With the integration of IoT, the savings per employee annually could rise to USD 510. Factors as these will act as direct cost drivers to the market of Managed Mobility Services.
Brief about Pipeline by Grand View Research:
A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain which helps in efficient procurement decisions.
Our services include (not limited to):
- Market Intelligence involving – market size and forecast, growth factors, and driving trends
- Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
- Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
- Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions
Browse through Grand View Research’s collection of procurement intelligence studies:
- Casting, Forging and Stamping Industry Procurement Intelligence – Casting is a process where a metal is treated with heat to reach its boiling point, liquefy, and the liquid material is poured into a mold that contains a hollow cavity of the shape which is desired upon the solidification of the metal. Forging is a process of applying pressure on metals and pressing or hitting it, thereby changing and altering their shape. Stamping is a process that converts flat metal sheets into specific shapes using various techniques like blanking, punching, bending, piercing, etc. The major difference between forging and stamping is in its application.
- Engineering, Procurement, and Construction Market Procurement Intelligence – EPC is an abbreviation for engineering, procurement, and construction contracts. It is a form of building contract used for a large or complex project. Here, the builder has to deliver a completed project on a turnkey basis. Here, the time frame for completion and the budget are pre-decided no matter the uncertainties, unexpected bottlenecks, or natural and artificial disruptions. Projects can be from the private sector as well as the public sector.
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