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Enterprise Mobile Device Market Size is projected to reach USD 59.29 Billion by 2030, growing at a CAGR of 14.7%: Straits Research

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New York, United States, Oct. 24, 2022 (GLOBE NEWSWIRE) — Enterprise mobile device management is a crucial component of enterprise mobility. It is a software solution that allows IT administrators to secure and control smartphones, tablets, and other mobile devices. After installation, it tracks and keeps records of every user’s activity, such as remotely locking or deleting the device in case of loss or theft. Security Intelligence 2016 shows over 60% of firms allow employees to use their devices to access business data. Mobile devices being a fundamental component in the current lifestyle, people are constrained in their ability to engage in today’s societal and commercial activities. Besides excellent communication, the user can pay bills, shop, and work remotely with the support of a wide range of applications accessible in the market.

The expanding mobile workforce and acceptance of BYOD programs inside organizations to increase their workforce productivity, thus allowing workers to work from anywhere, at any time, and utilizing any device to access corporate data on the go, has boosted the need for EMM solutions. In addition, the proliferation of new mobile devices in the market pushes the installation of mobile device management systems in areas.

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Rapidly Increasing Competition in Business Outgrowth to Drive the Global Enterprise Mobile Device Market

Enterprise devices have been used for the past few years. They are utilized mainly by influential organizations to provide better equipment, software, and service support to vendors, suppliers, and other creditors. Cost reductions, accounting system integration, and a more significant number of resources are some of the benefits of corporate devices, which enable corporations and enterprises to maintain more robust relationships with their creditors and remain competitive. Since the beginning of this decade, enterprise devices have expanded rapidly, accompanied by intensifying competition in the business and application sectors. Rapidly escalating industry-wide competition has increased the demand for highly effective enterprise devices with enhanced features. Globally, product- and service-based industries are taking advantage of enterprise devices, boosting the worldwide enterprise devices market.

Increased Digitalisation across Industries to Provide Opportunities for the Global Enterprise Mobile Device Market

Organizations, whether large or small, are progressively implementing digital technologies in their company operations to enhance their functionality, streamline numerous procedures, and boost their overall efficiency. In addition, due to the rapid spread of the Covid-19 virus, businesses worldwide embraced work-from-home policies to restrict the transmission of the contagious virus, hence driving up market demand. Moreover, the increasing emphasis on data security and management is prompting businesses to invest in enterprise mobility technology to improve their security features, which is anticipated to impact the industry’s growth positively. In addition, rapid technical breakthroughs, such as the incorporation of artificial intelligence and machine learning, are significant market drivers. These factors are anticipated to contribute to market expansion over the forecast period.

Report Scope

Report Metric Details
Market Size USD 59.29 Billion by 2030
CAGR  14.7% (2022-2030)
Historical Data 2019-2020
Base Year 2021
Forecast Period 2022-2030
Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered Type, Industries
Geographies Covered North America, Europe, Asia-Pacific, LAME and Rest of the World
Key Companies Profiled/Vendors Honeywell International Inc., IBM Corporation, Cisco Systems, Inc., Oracle Corporation, Huawei Technologies Co., Ltd., Microsoft Corporation, BlackBerry Limited, AT&T INC., Samsung, AirWatch (VMware, Inc.), MobileIron, Inc., and Apple Inc,
Key Market Opportunities Increased Digitalisation across Industries
Key Market Drivers Rapidly Increasing Competition in Business Outgrowth

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Regional Insights

Based on region, the global enterprise mobile device market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

North America accounted for the largest market share and is predicted to grow at a CAGR of 13.8% during the forecast period. The mature status of the North American enterprise devices market is anticipated to make new product launches more difficult for new entrants and incumbent firms, resulting in sluggish growth. The North American enterprise devices market is expected to be driven by technological advances in the IoT industry, increased demand for enterprise devices due to the developing IT industry and banking sector, and high adoption of telehealth and telemedicine. The market is anticipated to expand further due to a general increase in demand for devices and a surge in demand due to the evolution of the times. The enterprise devices market in the U.S. is anticipated to grow at a very healthy rate, primarily due to the country’s growing enterprise devices trend. As business devices find use in manufacturing, the rising need for IoT industrial machinery is anticipated to fuel the U.S. and Canadian markets for enterprise devices.

Europe is the second largest region. It is estimated to reach an expected USD 14,445 million by 2030, registering a CAGR of 14.5% during the forecast period. In Europe, the BFSI, IT & telecommunications, healthcare & telemedicine, and automotive & transport industries have the highest enterprise device consumption rates. The European business devices market is anticipated to have considerable growth over the projected period, owing to the rising spending on devices used in corporate environments and the rising need for advanced IoT medical devices in the healthcare industry. Growing awareness of the benefits of IoT-enabled devices in the industrial sector and their application in the current healthcare system is anticipated to assist the expansion of the enterprise devices market. The expanding healthcare sector in France has driven the need for corporate devices even more. The demand for telehealth & telemedicine is anticipated to be bolstered by an aging population, increased health concerns, constant technology advancements, and product developments, hence boosting the growth of the France enterprise devices market.

 The Asia Pacific is the third largest region. The Asia-Pacific region is the fastest-growing market for enterprise devices. This region includes India, China, Japan, Indonesia, and others, which are regarded as the global manufacturing hub for nearly every industry, including healthcare. The enterprise devices market is anticipated to experience a high growth rate in countries such as India and China due to rising economic development and expansion. In addition, the expanding labor force in these nations is driving a surge in demand for devices such as laptops, smartphones, and tablets, which is anticipated to contribute to the expansion of the Asia Pacific enterprise devices market. China’s economy is socialist and market-based. China is the most significant consumer of technology and devices in the Asia-Pacific region since its industrial machinery is constructed on a massive scale and supplied to numerous countries, where enterprise gadgets play a significant role. The increasing variety of applications employing corporate devices is anticipated to increase the need for enterprise devices. The expansion of the Asia-Pacific enterprise devices market has been propelled by factors such as expanding manufacturing activity, increased funding, and rising consumption.

Key Highlights

  • The global enterprise mobile device market size was valued at USD 17,255 million in 2021. It is estimated to reach an expected value of USD 52,205 million by 2030, registering a CAGR of 14.7% during the forecast period (2022 – 2030).
  • based on type, the global enterprise mobile device market is segmented into smartphones, laptops, tablets, and PC. The laptops segment accounted for the largest market share and is estimated to grow at a CAGR of 15.9% during the forecast period.
  • Depending on industries, the enterprise mobile device market is segmented into BFSI, manufacturing, telecom, retail, healthcare, and others. The BFSI segment accounted for the largest market share and is estimated to grow at a CAGR of 15.3% during the forecast period.

Competitive Players in the Global enterprise mobile device market

  • Cisco Systems, Inc.
  • Oracle Corporation
  • Huawei Technologies Co., Ltd.
  • Microsoft Corporation
  • IBM Corporation
  • Honeywell International Inc.
  • BlackBerry Limited
  • AT&T INC.
  • Samsung
  • AirWatch (VMware, Inc.)
  • MobileIron, Inc.
  • Apple Inc

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Global Enterprise Mobile Device Market: Segmentation

By Type

  • Smartphones
  • Laptops
  • Tablets
  • PC

By Industries

  • BFSI
  • Manufacturing
  • Telecom
  • Retail
  • Healthcare
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East and Africa.

TABLE OF CONTENT

  1. Introduction
    1. Market Definition
    2. Market Scope
  2. Research Methodology
    1. Primary Research
    2. Research Methodology
    3. Assumptions & Exclusions
    4. Secondary Data Sources
  3. Market Overview
    1. Report Segmentation & Scope
    2. Value Chain Analysis: Enterprise Mobile Device Market
    3. Key Market Trends
      1. Drivers
      2. Restraints
      3. Opportunities
    4. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitution
      4. Threat of New Entrants
      5. Competitive Rivalry
    5. Market Share Analysis
  4. Type Overview
    1. Introduction
      1. Market Size & Forecast
    2. Smartphones
      1. Market Size & Forecast
    3. Laptops
      1. Market Size & Forecast
  5. Industries Overview
    1. Introduction
      1. Market Size & Forecast
    2. BFSI
      1. Market Size & Forecast
    3. Manufacturing
      1. Market Size & Forecast
  6. Regional Overview
    1. Introduction
      1. Market Size & Forecast
    2. America
      1. North America
      2. U.S.
        1. By Type
        2. By Industries
      3. Canada
        1. By Type
        2. By Industries
      4. Mexico
        1. By Type
        2. By Industries
      5. Latin America
        1. By Type
        2. By Industries
    3. Europe
      1. Market Size & Forecast
      2. Germany
        1. By Type
        2. By Industries
      3. France
        1. By Type
        2. By Industries
      4. U.K.
        1. By Type
        2. By Industries
      5. Italy
        1. By Type
        2. By Industries
      6. Spain
        1. By Type
        2. By Industries
      7. Rest of Europe
        1. By Type
        2. By Industries
    4. Asia Pacific
      1. Market Size & Forecast
      2. Japan
        1. By Type
        2. By Industries
      3. China
        1. By Type
        2. By Industries
      4. Australia
        1. By Type
        2. By Industries
      5. India
        1. By Type
        2. By Industries
      6. South Korea
        1. By Type
        2. By Industries
      7. Rest of Asia-Pacific
        1. By Type
        2. By Industries
    5. Middle East & Africa
      1. Market Size & Forecast
      2. Saudi Arabia
        1. By Type
        2. By Industries
      3. South Africa
        1. By Type
        2. By Industries
      4. Kuwait
        1. By Type
        2. By Industries
      5. Rest of Middle East & Africa
        1. By Type
        2. By Industries
  7. Company Profile
    1. Honeywell International Inc
      1. Company Overview
      2. Financial Performance
      3. Recent Developments
      4. Product Portfolio
    2. IBM Corporation
      1. Company Overview
      2. Financial Performance
      3. Recent Developments
      4. Product Portfolio
    3. Cisco Systems Inc
      1. Company Overview
      2. Financial Performance
      3. Recent Developments
      4. Product Portfolio
  8. Conclusion & Recommendation
  9. Acronyms & Abbreviations

Table of Content and Figure @ https://straitsresearch.com/report/enterprise-mobile-device-market/request-sample

Market News

  • September 2022 – A new IBM (NYSE: IBM) Institute for Business Value (IBV) study, “Own Your Transformation,” unveils how Chief Supply Chain Officers (CSCOs) are navigating significant supply chain challenges brought on by a global COVID-19 pandemic, inflation, climate change, and geopolitical events, and how they plan to future-proof their supply chains.
  • September 2022 – IBM (NYSE: IBM) and Bharti Airtel, a leading provider of communications solutions in India with more than 358 million subscribers, today announced their intent to collaborate on the deployment of Airtel’s edge computing platform in India, which will include 120 network data centers in 20 cities. Once deployed, the platform is intended to permit large organizations across multiple industries, such as manufacturing and automotive, to accelerate innovative solutions that deliver new value to their clients and operations — securely at the edge.

News Media

Rising Demand for Smart Devices to Drive the EMI Wave Shielding Materials Market

Growing Demand for Consumer Electronic Goods Especially Smartphones Is Impetus on Battery Management IC Market

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About Straits Research Pvt. Ltd.

StraitsResearch is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. Straits Research Pvt. Ltd. provides actionable market research data, especially designed and presented for decision making and ROI.

Whether you are looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with the client’s purchase. We overcome our clients’ issues by recognizing and deciphering the target group and generating leads with utmost precision. We seek to collaborate with our clients to deliver a broad spectrum of results through a blend of market and business research approaches.

For more information on your target market, please contact us below:

Phone: +1 646 480 7505 (the U.S.)

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+44 208 068 9665 (the U.K.)

Email: [email protected]

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Artificial Intelligence

CleverTap launches Clever.AI, the AI-Driven Edge for Customer Engagement & Retention

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Clever.AI will help brands achieve 66% higher conversion rates and 35% boost in operational efficiency
SAN FRANCISCO and MUMBAI, India, May 3, 2024 /PRNewswire/ — CleverTap, one of the leading all-in-one customer engagement and retention platforms, today announced the launch of Clever.AI, its AI engine. With Clever.AI, CleverTap seeks to enable brands with the next generation of AI capabilities required to build human-like understanding of customers and deliver personalized experiences efficiently that resonate with them, ultimately maximizing customer lifetime value.

Clever.AI is built on the foundation of three core AI pillars – Predictive, Generative, and Prescriptive. Clever.AI propels these three pillars to transform the way brands engage with customers and make customer interactions more intelligent, and efficient.
Clever.AI enables brands to become:
Insightful: With Predictive AI capabilities, it forecasts precise business outcomes, helping brands to anticipate customer needs. Clever.AI’s insights are powered by CleverTap’s proprietary TesseractDB™ which ensures data granularity with an extended lookback period, making predictions more accurate, and enabling brands to make informed decisions, resulting in improved marketing ROIEmpathetic: Taking GenAI forward, Clever.AI merges creativity with emotional intelligence, crafting content that resonates on a human level. This empathetic approach helps brands drive higher conversions and engages customers with hyper-personalized experiencesActionable: Leveraging Prescriptive AI capabilities, it provides actionable recommendations to maximize conversions throughout the customer journey by helping brands identify the optimal engagement strategies in real-timePeter Takacs, Digital Product Manager, Burger King said, “I would rate it 10 for its ease of use and numerous possible use cases. We uplifted our marketing campaigns by easily experimenting with multiple possibilities and quickly converging on the optimum one. It opens up a new era of continuous experimentation for us.”
Anand Jain, Co-founder and Chief Product Officer, CleverTap said, “We’re thrilled to unveil Clever.AI, a testament of our pursuit over the last several years in leading the way in adopting the latest tech to transform customer engagement. We will continue to innovate CleverTap’s All-in-One engagement platform with Clever.AI enhancing its precision in predictions, its ability to prescribe intelligent customer experiences strengthened by advanced product analytics and deeper persona profiling to ensure brands can build highly personalized experiences, and campaigns more effectively, ensuring every customer interaction is personalized and outcome driven.”
With Clever.AI, brands have already experienced a boost in conversion with significantly higher operational efficiency. They witnessed a 66 percent increase in conversion rates, 35% boost in operational efficiency and a 3x improvement in click-through rates (CTRs), with an increase across metrics such as purchases, and average order values (AOVs). Moreover, Clever.AI enhanced operational efficiency by simplifying campaign roll-outs, content creation, and experimentation at scale. Clever.AI has helped leading brands like TouchnGo, Swiggy, Burger King add efficiency to their campaigns.
CleverTap will unveil its new AI capabilities through its Spring Release ’24 event slated from 6th May to 9th May, through a series of thought-provoking sessions on how AI can make campaigns more intelligent, efficient, and engaging for brands.
About CleverTap
CleverTap is the all-in-one engagement platform that helps brands unlock limitless customer lifetime value by helping them create personalized experiences to retain their most valuable customers. The platform empowers businesses to orchestrate experiences for individuals across their lifecycles and design personalized journeys that span a lifetime. It offers analytics that encompasses every aspect of the lifecycle, enabling businesses to measure and optimize each experience in real-time. Its unique AI capability is insightful, empathetic, and prescriptive, facilitating smarter and faster decisions. The all-in-one platform unifies experiences from every touchpoint, paving the way for a new era of customer engagement.
The platform is powered by TesseractDB™ – the world’s first purpose-built database for customer engagement, offering both speed and economies of scale.
CleverTap is trusted by 2000 customers, including Electronic Arts, TiltingPoint, Gamebasics, Big Fish, MobilityWare, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John’s, and Tesco.
Backed by leading investors such as Peak XV Partners, Tiger Global, Accel, CDPQ, and 360 One, the company is headquartered in San Francisco, California, with presence in New York, São Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Delhi, Singapore, Jakarta, and Ho Chi Minh.
For more information, visit clevertap.com or follow us on: LinkedIn: https://www.linkedin.com/company/clevertap/X: https://twitter.com/CleverTap
Forward-Looking Statements
Some of the statements in this press release may represent CleverTap’s belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.
Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.
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Artificial Intelligence

Appian Named a Leader in the 2024 Gartner® Magic Quadrant™ for Process Mining Platforms Report

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LONDON, May 3, 2024 /PRNewswire/ — Appian (Nasdaq: APPN) today announced it has been named a Leader by Gartner in its 2024 Magic Quadrant for Process Mining Platforms report. The report evaluated 18 vendors and their product offerings. For more information, download a complimentary copy of the Gartner Process Mining 2024 report. 

Gartner defines Process Mining platforms as tools that deliver visibility and insights to technology innovation leaders that enable smart decision making and strong performance on an organisation’s critical priorities. Features that make Appian a leader in Process Mining, include:
Faster data prep that eliminates complex transformation with always-ready data from multiple sources.Automated process analysis and intelligent recommendations for where and how to take action.A low-code experience for measuring, monitoring, and optimising process performance—all within one platform.”We believe that Appian’s recognition in the Gartner Process Mining Platforms Magic Quadrant underscores our dedication to process excellence. Through Process HQ, we integrate data fabric, process mining, machine learning, and generative AI to streamline manual data prep, enabling businesses to gain insights swiftly and implement improvements easily,” said Michael Beckley, CTO and Founder of Appian. “Our unified approach merges Process Mining with AI-driven process automation, setting a new standard for efficiency and intelligence.”
Business users need greater visibility into the full breadth of their enterprise data and processes in order to maximise operational efficiency and strategic decision-making. By combining the latest technologies in data fabric, process mining, machine learning, and generative AI, Process HQ helps monitor and improve every business process built on Appian. Process HQ makes it easy to reduce costs, risks, and delays, improve compliance, and drive better business outcomes, without the need for costly and time-consuming data collection efforts.
Appian is now an industry leader across its value proposition to Design, Automate, and Optimise the most complex business processes. In addition to today’s announcement, Appian was named a Leader in the 2023 Gartner® Magic Quadrant™ for Enterprise Low-Code Application Platforms report, and was ranked #1 for the Business Workflow Automation with Integration Use Case in the 2023 Gartner® Critical Capabilities for Enterprise Low-Code Application Platforms (LCAP) report.
To access the report and to learn more about Appian’s positioning, visit https://ap.pn/3y2ClZy. Register for our upcoming webinar Process Intelligence Made Easy: The Key to Better Business Decisions on June 20, 2024 at 12pm EST to discover how Process HQ can improve business processes.
Gartner disclaimerGartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organisation and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER is a registered trademark and service mark of Gartner and Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.
About Appian
Appian is a software company that automates business processes. The Appian AI Process Platform includes everything you need to design, automate, and optimise even the most complex processes, from start to finish. The world’s most innovative organisations trust Appian to improve their workflows, unify data, and optimise operations—resulting in better growth and superior customer experiences. For more information, visit appian.com. [Nasdaq: APPN]
Follow Appian: LinkedIn, X, and X (UK).
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Artificial Intelligence

Innodisk Introduces iCAP Air: Advancing Air Quality Management through Autonomous Decision-Making

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TAIPEI, May 3, 2024 /PRNewswire/ — Innodisk, a global leader in AI solutions, has taken a pivotal step forward in environmental sustainability with the launch of its latest innovation, the “iCAP Air” air quality management solution. This solution empowers businesses worldwide to enhance air quality, sustainability, and human health. Additionally, business can benefit from monthly AI-generated air quality data report, providing valuable insights for informed decision-making.

Leveraging its expertise in edge computing and software and hardware integration, along with the expertise of its subsidiary Sysinno in air quality detection, Innodisk has achieved the development of the “iCAP Air” air quality management solution. This solution integrates advanced technology, including the innovative “iAeris7” air quality detector from Sysinno, to deliver accuracy in detecting temperature, humidity, fine suspended particles (PM2.5), suspended particles (PM10), carbon dioxide (CO2), formaldehyde and total volatile organic compounds (TVOC). It can also be customized to detect NO2, SO2, CO, NH3, and other air factors. At the same time, the iAeris7 device is known for its reliability, patented technology, and various international certifications, including those from SGS and FCC/CE/RoHS/NCC/BSMI.
The solution also includes the “iCAP Air Server,” designed to manage large-scale deployment and data from up to 100 air quality detectors, ensuring seamless integration and efficient operation, even in complex environments. Additionally, iCAP Air provides a user-friendly air quality management platform, enabling organizations to monitor air quality in real-time via a mobile app or internet browser, receive automatic alerts, and optimize air purification or exhaust ventilation system.
iCAP Air is a comprehensive solution that simplifies air quality management for users. It is tailored for medium to large-sized sites or densely populated, enclosed spaces such as medical institutions, smart manufacturing facilities, public transportation hubs, indoor parking facilities, and department stores. Innodisk’s “iCAP Air” air quality management solution represents a milestone for all businesses committed to leveraging technology for the greater good of air quality and society.
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