Tuesday, March 24, 2026
32 C
Lagos

Mobile Technologies to Gulp $1.2tr by 2019

Organisations across industries are increasingly leveraging mobility to transform their businesses.

Mobility may have started with the simple concept of shifting employees from being deskbound to being mobile.

Industry-specific applications will be a driving force as businesses look for solutions that can be easily configured to their unique business and vertical requirements.

Key findings from the new report include:

Worldwide, the manufacturing sector represents the largest enterprise opportunity for mobile technologies. The industry’s sizeable economic footprint and global operations create a naturally large market.

Consumer-centric industries such as retail, media, and personal and consumer services are leveraging mobility to engage and connect with their customers to improve their experience, bolster loyalty, and generate larger sales per customer.

There are still numerous concerns around mobility (and all of the other pillar technologies). Security and regulatory issues remain the biggest barrier for mobile technology adoption across industries such as government and financial services.

According to the report, IDC estimates that $901 billion was spent worldwide on mobile technologies in 2014.

Wireless data and smartphones comprised the lion’s share of this spending. The opportunity is forecast to reach $1.2 trillion by 2019.

Excluding consumer spending, the industries expected to spend the most for mobile technologies include discrete and process manufacturing and professional services. Combined, these three segments will represent 17% of the market in 2019. The areas of greatest growth include personal and consumer services, media, and the banking industries.

“More than ever, mobile technologies are empowering workers across industries to connect, collaborate, and create new ways to operate and do business,” said Jessica Goepfert, Programme Director of IDC’s Global Technology and Industry Research Organisation.

“It goes beyond providing a smartphone to liberate the deskbound worker. Instead, it’s about utilising mobile technology to increase sales, improve productivity, and raise customer and employee satisfaction.”

spot_img
spot_img
spot_img

Hot this week

DataPro Announces Media Training on Credit Rating for March 26

Nigeria’s Technology-driven Credit Rating Agency (CRA) has announced March...

WorldStage to Present Nigeria’s Macroeconomic Outlook 2026 on March 26

World Stage Limited (WorldStage), a Nigerian-based research and technology-driven...

Daily Economy to Mark 2nd Anniversary with Insurance Book Launch

Daily Economy Concept, the Publisher of Daily Economy, a...

Alleged Missing N210tn: SERAP Threatens Senate President, Akpabio to Publish Names or Face Legal Action

The Socio-Economic Rights and Accountability Project (SERAP) has urged...

Leadway Spotlights Women Making Waves Through Hersurred Initiative

Leadway, Nigeria’s leading non-banking financial and wellbeing conglomerate, has...

Topics

NCC: Telecom Sector Contribution to GDP Rose to 13.5% in Q4, 2022

  The Nigerian Communications Commissions (NCC) says the contribution of...

African Economic Outlook 2016 Launched in Nigeria

The 2016 African Economic Outlook (AEO) was launched by...

The Future of Digital Insurance Conference 2016

The insurance industry is undergoing vast transformation and the...

Stanbic IBTC: Customers to Win N1m in Savings Campaign  

As part of its commitment to promoting a savings...

IWD 2026: Pathway Holdings ED, Dolapo Akanbi-Alade, Urges Stronger Inclusion of Women in Finance

The Executive Director/GCOO of Pathway Holdings Limited, Mrs. Dolapo...

Red Star Commences Food Delivery Services

Red Star Express Plc, on March 1st, 2017 commenced...

LASAA Commissions New offices to Boost Operations

L-R: The General Manager, Radio Lagos, Mr Olajide Lawal;...

Gartner: $11.4bn Mobile Advertising Revenue in 2013

­Worldwide mobile advertising revenue is forecast to reach $11.4...
spot_img

Related Articles

Popular Categories

spot_imgspot_img