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.

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