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
spot_img
spot_img

Hot this week

SEC DG: Capital Market Has Capacity to Fund Abuja Infrastructure Projects

Dr. Emomotimi Agama Director-General Securities and Exchange Commission (SEC) The Director-General of...

Mutual Benefits: Shareholders Back Strategic Growth Direction at 30th AGM

Historic 30th AGM: L-R: Managing Director/CEO, Mutual Benefits Life...

NGX, Brazilian Business Delegation Explore Areas of Collaboration, Partnership

WELCOME REMARKS BY ALHAJI (DR.) UMARU KWAIRANGA GROUP CHAIRMAN,...

Leadway’s Post-Recapitalisation Signals Era of Digital-First Insurance for Critical Sectors and Nigeria’s Next Generation

Leadway Assurance, Nigeria’s foremost insurance services provider and a...

The 2026 Almond Insurance Industry Awards Voting Opens Officially

L-R:  Mr. Obinna Chilekezi, Member, Panel of Judges, 2026...

Topics

SHIN Visits NCDMB, Gets Assurances of Support for Oil Industry Projects

Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB),...

Sanwo-Olu, Mustapha Set for GOCOP 5th Annual Conference Oct 7

Governor Babajide Sanwo-Olu of Lagos State and Secretary to...

CBN: Banking Sector Recapitalisation on Course as 20 Banks Meet Capital Requirement  

The Governor, Central Bank of Nigeria (CBN), Mr. Olayemi...

AIICO Deepens Bond with Retirees, Holds Annuity Forum in Lagos, PH

Mr. Gbenga Ilori, Head, Retail Business at AIICO, in...

Lloyd’s Launches Crypto-currency Wallet Insurance Policy

Lloyd’s has launched a insurance policy to protect crypto-currency...

Financial Services Innovators Partners FUT Minna to Launch Virtual Innovation Lab

Financial Services Innovators (FSI), a not-for-profit organisation in Lagos...

Pension Assets Hit N5.3tr, N41bn Deficit Expected in 2016

Nigerian pension assets have hit all-time high of N5.3...

Stanbic IBTC to Connect with Youths at Africa NXT

As part of its commitment to youth development, Stanbic...
spot_img

Related Articles

Popular Categories

spot_imgspot_img