The global enterprise mobility market is growing exponentially. A recent study showed that it’s expected to grow from €65 billion to €265 by the end of 2019.
There are a few reasons for this growth.
The mobile workforce is expanding.
Cloud computing allows the workforce to be more flexible. It’s what allows businesses to make the investment into enterprise mobility. Nomadic workers are gaining in popularity, which is why it’s no longer a culture shock to see an employee hard at work with a laptop in front of them in a coffee shop.
There are over 1.3 billion mobile workers around the globe, which accounts for over 17 percent of the entire population of earth. This number will expand as the enterprise mobility market continues to grow because of how easy it will be to work from home, coffee shops, or anywhere else where there is an internet connection.
The cloud infrastructure is gaining popularity.
The European Commission adopted a strategy to explore the potential for cloud computing in Europe in 2012. Since then, many European countries have adopted cloud computing. A Eurostat study showed that Europe is quickly catching up to the US counterpart in terms of cloud computing. Finland has become the cloud computing leader of Europe. Although Nordic countries are taking the lead, Italy has also made the top five.
Hardware costs are less.
It’s easier to see the mobility market growing because the hardware is considerably cheaper. Many companies have nomadic workers as a result of the BYOD (Bring Your Own Device) surge that has been seen. Approximately 44 percent of firms allowed BYOD during a 2013 global study.
Even if it’s not allowed, the cost of laptops, tablets, and other mobile devices are cheaper. The Economist, for example, identifies that telephone equipment in Spain is 90 percent cheaper than it was a decade ago.
More smartphones are in use.
A recent survey showed that approximately 77 percent of US adults have a smartphone. The survey showed that those in the 18 to 29 age group were more likely to own a smartphone than any other demographic, though even the 50 to 64 year demographic had an astounding 73% for ownership of a smartphone over a cell phone.
Europe has adopted the smartphone at even higher rates. Japan, Australia, and South Korea also round out the top 10 countries for smartphone penetration in the marketplace.
There is the need for more digital advancements.
Technology is making it possible for companies of all levels to increase productivity, improve customer service, and contribute more to the bottom line as a result of digital advancements. As a result of the mobile devices and the cloud connectivity, remote employees can tap into all sorts of data. This includes eliminating the paper trail entirely by being able to conduct site inspections and more using their smartphone. Additionally, CMS and ERP software solutions are being integrated into more operations.
It should come as no surprise that the information age is leading to a significant amount of growth within the enterprise mobility market. There are a lot of new trends that are helping to grow the market furiously. The IoT is going to see a lot more growth because there are more businesses and governments connecting and controlling devices in such industries as transportation, energy, manufacturing, and agriculture. Mobility analytics are also becoming more prominent, which can help to establish usage patterns and achieve greater business success.
Discover more about your enterprise mobility investment today. Investing in the right technology can make a significant difference in the way you operate and how you’re able to promote a more mobile workforce.
This post is based on an article originally featured on ThinkProgress.com.