Enterprise Mobility Market Expected To Touch $1.8B By 2017: IDC

In a latest forecast by research firm IDC, enterprise mobility market is expected to touch $ 1.8 billion by 2017.

mobile messaging apps

mobile messaging apps

With mobile penetration spiking up, online activities raking up, the enterprise mobility market is not being left out from the limelight. In a latest forecast by research firm IDC (International Data Corporation), enterprise mobility market is expected to touch $ 1.8 billion by 2017.

According to the research firm, the enterprise mobility market in India is forecasted to grow at a CAGR of 63 percent from $394.3 million in 2012 to $1.8 billion by 2017. The predicted growth finds substance with more and more firms turning towards mobility apps for enhancing productivity at the workplace and strengthening business processes.

The other highlights of the study:

1. More than 37 percent of firms interviewed across industry verticals said they considered mobility a top enterprise IT priority for the next fiscal year.

2. Companies are turning to mobility and apps not just to mobilise the workforce but also to strengthen business processes.

3. Going further in 2014, the focus of IT spending would be on newer solutions like cloud and mobility.

While the Indian economy is going through a slowdown, coupled with the upcoming national elections, 2014 will still see a stable India IT ecosystem. However there would be a serious transition in the system, according to IDC India Vice President and Country GM, Jaideep Mehta.

“2014 will finally see the India IT ecosystem begin a serious transition to the third platform technologies of cloud and mobility, and to a lesser extent big data, and social,” added Mehta, who thinks that with mobility gaining traction, there is a need for skills like app development and social media administration.