Mobile Workforce Solutions Market 2016 to grow at a CAGR of 28% during the period to 2020

Covering: This report covers the segmentation of the global mobile workforce solutions market based on industry and geography (Americas, APAC, and EMEA). It includes an insightful analysis of the leading vendors of this market (ServiceMax. Oracle, SAP, ClickSoftware, Verizone and IFS).

Market overview of mobile workforce solutions

Growing demand for enterprise mobility is the key factor driving the adoption of mobile workforce solutions across enterprises. The market is likely to account for a CAGR of 28% during 2014-2019. A new era of the business environment with smart connected devices has created opportunities for mobility service vendors. Enterprises need a focused business strategy with the integration of mobility services to make employees more productive.

This market research report emphasizes the involvement of mobile workforce solutions in enterprises for the management of remote operations. With an increase in the number of mobile workforce, especially in APAC and North America, the market is expected to gain significant traction in the years to come.

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Market segmentation of mobile workforce solutions by type
• On-premises solutions
• Cloud-based solutions

On-premises solutions are characterized as the solutions offered within office promises, come at large upfront cost. This segment accounted small market share compared to cloud-based solutions in 2014, and the study predicts a decline in its market share by 2019. However, the demand for a cloud-based solution will tremendously witness an upsurge during the forecast period as consumerization of IT is playing a crucial role.

The report also predicts the introduction of many innovative offerings with lifetime service support by the leading vendors of this market. The services segment of this market is expected to cross over $5 billion by 2019.

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Geographical segmentation of mobile workforce market
• Americas
• APAC
• EMEA

Enterprises in the Americas are adopting the latest technology at a fast pace. However, the YoY growth rate of the market is declining compared to rising trend in other regions. In North America, the market is experiencing new investments from traditional players to strengthen their current offerings. EMEA is expected to be a fast follower in adopting these mobile services as the various mobile workforce applications are continuously gaining traction among the Middle East countries.

The adoption of advanced technologies such as mobile workforce planning and string development of network infrastructure in APAC contributes substantially toward the growth of the market.

Vendor landscape of mobile workforce market

The competitive environment of this market is expected to intensify with an increase in R&D innovations and M&A in the coming years. The market is also likely to witness a growing trend of local acquisitions by the leading players. The key players in the market are expected to diversify their geographical presence with a focus on APAC and Western European countries during the forecast period.

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The top four leading vendors of the market are listed below:
• ServiceMax
• Oracle
• SAP
• ClickSoftware
• Verizone
• IFS

The other prominent vendors of the market include Actsoft, ADP, Airclic, Aricent , AT&T, Bell Mobility , FeedHenry , MobiWork , Pegasystems , ProntoForms, ServicePower, Sprint, TeleCommunications System Telenav, Telus International, Trimble, Vox Mobile, WorkForce Software, Zebra Technologies.