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

Heirs Life Assurance Appoints Pastor Jerry Eze as Independent Non-Executive Director

L – R: Tony Elumelu, Chairman, Heirs Life Assurance...

CBN Opens Applications for Second Cohort of Regulatory Sandbox Programme

The Central Bank of Nigeria has announced the commencement...

LCCI: Nigeria Must Adopt Reforms to Unlock Fintech Potential, Lead Digital Financial Hub in Africa

L-R: Prince Cookey, Publisher/Editor-in-Chief, Business Journal Media Group; Mr....

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...

Topics

Online Voting Commences for Nominees of the Nigerian Healthcare Excellence Award 2024

The Nigerian Healthcare Excellence Award 2024 (NHEA) has officially...

Stanbic IBTC FUZE Talent Show 2025 unveils Amy Aghomi as New Fashion Judge

The Stanbic IBTC FUZE Talent Show 2025, themed “The...

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

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

‘Nigeria’s Hospitality Industry Must Increase Payment Options to Maximise Growth’

    ·         The World Travel & Tourism Council’s Economic Impact...

IATA: African Airlines Record 9.9% Traffic Rise in June

The International Air Transport Association (IATA) announced global passenger...

Great Nigeria Insurance: Commitment to Customer Service Translates to Financial Gain

Mrs. Cecilia O. Osipitan The Managing Director/CEO Great Nigeria Insurance Plc The...

Stanbic IBTC Upgrades Infrastructure of Lagos Primary School

(L-R): Angela Omo - Dare, Head, Country Legal Services, Stanbic...

Africa Mobility Spend to Top $185bn by 2019

Annual spending on mobility across the Middle East, Turkey,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img