Enterprise mobility will be big news up until 2020, according to a new reportThe rise of bring-your-own-device (BYOD) has seen smartphones and tablets swarm into the workplace to the extent where one report now claims the movement will help enterprise mobility “take over the world” by 2020.
The report comes from the National Association of Software and Services Companies (Nasscom) and details how the global enterprise mobility market will bring in $140 billion a year by 2020, representing a 15% annual growth in revenue for the next seven years.
Indeed, such is the growth in this sector that the India-based firm predicts that enterprise mobility will account for 10-12% of total IT spend by the end of the forecast period, impressive figures given the current penetration is under 5%.
Much of the growth in enterprise mobility space is expected to come from Asia and South America (APAC), according to the report, which is growing at a compound annual growth rate of 21%.
The growth of Asia does not come as a surprise – another recent report from IDC claimed that the enterprise mobility market in the Asia-Pacific (excluding Japan) is to grow 29% to reach $6.9 billion in 2013.
Much of the spending on enterprise mobility will not be seen by the end-user, with significant money to be spent on building the infrastructure necessary to support BYOD policies and everything in between.
That said, Nasscom’s report – which was carried out by research firm Deloitte – also notes that there are opportunities for service providers to gain traction by offering enterprise app stores, vertical-specific apps and by tightly integrating consumer and business apps into enterprise.
The report, which is titled ‘Enterprise Mobility: Building Tomorrow’s Enterprise’, is available for purchase at the Nasscom website.