Insight reports mobile apps for enterprises to generate over $150 billion in next six years

Mobile apps geared to enterprises will generate more than $150 billion globally for solution providers over next six years, Says Insight Research Corp.

Enterprises across many vertical industries are adopting various wireless-capable applications such as VoIP calling with fixed mobile convergence capabilities; e-mail and instant messaging; mobile conferencing and collaboration software; machine-to-machine communications; and mobile sales force automation programs in order to grow their sales, improve customer support, and reduce operational costs, according to a new market research study from The Insight Research Corporation.

Insight Research’s market analysis study, “The Mobile Workforce and Enterprise Applications, 2011-2016,” takes a close look at the most important enterprise applications accessible from various mobile devices including smartphones, tablets, and sensors. The report then segments the findings into eight vertical industry classifications and presents the data for the US as well as four global regions. According to the study, enterprise mobility solutions will generate nearly $40 billion in annual sales for applications developers by 2016. In addition, mobile operator revenues associated with these solutions will grow proportionately.

“Mobility solutions are dominating enterprise IT development programs, as companies rush to support their expanding mobile workforce,” says Fran Caulfield, Research Director at Insight Research. “While the proliferation of smartphones and tablets in the enterprise has improved employee productivity, mobility has also increased the complexity of managing solutions. More features, higher bandwidth, and lower latency are table stakes, and only the application developers and service providers that can surpass meet these demands will prosper,” Caulfield concluded.

The report (available here) provides a detailed analysis of the wireless technologies, application platforms, and workforce trends that have created this environment.

Segmentations are provided for US, Rest of North America; Europe, Middle East, Africa; Asia and Pacific; and Central and Latin America for applications including VoIP, fixed mobile convergence, e-mail, conferencing and collaboration, machine-to-machine communication, and sales force automation.

The market forecast is segmented by major vertical markets, including Banking, finance, insurance; information, communication, media; healthcare; utilities; retail and logistics; transportation; services; and manufacturing and construction.

FEATURED IoT STORIES

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, iot home automation is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more
RECENT ARTICLES

Workz launches eSIM cloud

Posted on: November 29, 2021

Dubai. 29 November 2021 – IoT solutions provider Workz has expanded its eSIM subscription management solution to offer a GSMA certified cloud-based platform in the US. The platform, which is certified by the GSMA’s Security Accreditation Scheme (SAS) and hosted at Microsoft Azure’s Virginia, USA site enables mobile network operators (MNOs) to remotely manage consumer

Read more

Laiye partners with HUAWEI CLOUD to drive Brazil’s digital transformation

Posted on: November 29, 2021

Laiye, a provider of intelligent automation, and HUAWEI CLOUD, a global provider of cloud services, announced a strategic alliance to drive digital transformation in Brazil through of cloud computing, artificial intelligence (AI) and big data. The alliance will be implemented in the rest of Latin America. 

Read more