Sunday, April 26, 2026
25.4 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

Unity Bank, Experts Advocate Green Investment, Climate Innovation to Drive Economic Resilience

Nigeria’s retail lender, Unity Bank Plc, alongside leading climate...

Moniepoint Redefines Nigeria’s Agency Banking via Track Record, Unique Services 

Moniepoint Microfinance Bank (Moniepoint MFB) has reaffirmed its leadership...

Ecobank Nigeria, DHL Equip Nigerian SMEs to Compete Beyond Local Markets

Participants with staff members of Ecobank and DHL at...

QEDNG Summit 2026 Set for August 11 in Lagos

The QEDNG Creative Powerhouse Summit will hold its second edition on...

NLNG MD, Adeleye Falade, Commends Rivers Police, Seeks Stronger Security Collaboration

Adeleye Falade, MD, NLNG, (centre); Olakunle Osobu, Deputy MD...

Topics

Stanbic IBTC Bank PMI: Business Activity Falls for First Time in 8 Months

The Nigerian private sector moved back into contraction territory...

The President Nigeria Needs

By Haniel Ukpaukure Nigerians know the president the country does...

Facebook Plans 1st Content Review Centre in Sub-Saharan Africa

As part of our continued investment across Sub-Saharan Africa...

The RSA Transfer Window: An Assessment

It was a day long awaited, when the National...

Niger Insurance Pays N270.8m Dividend to Shareholders

Niger Insurance Plc has paid out over N270.8 million...

Stanbic IBTC Emerges Winner at 2022 Cosmopolitan The Daily Business Awards

Stanbic IBTC Bank Plc, a subsidiary of Stanbic IBTC...

NCC’s Oshadami Receives the Prestigious CIO Awards

Abraham Oshadami Deputy Director, Head, Spectrum Database Management, NCC The status...

INEC: Anambra Gov Election on Course as 81, 778 PVCs Ready for Collection

The Independent National Electoral Commission (INEC) met on Tuesday,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img