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Enterprise mobility to reach $1.8 billion by 2017

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Harmeet
New Update

NEW DELHI, INDIA: Enterprise mobility market is expected to reach $1.8 billion by 2017 as firms are increasingly adopts mobility apps for enhancing productivity at the workplace and strengthening business processes, according to the research firm Gartner.

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Research firm IDC forecast that Indian mobility markets to grow at a CAGR of 63 per cent from $394.3 million in 2012 to $1.8 billion by 2017.

Jaideep Mehta, IDC India VP and country GM, said: "Young and tech-savvy people for whom mobility is native, are changing the workplace dynamics today and consumerisation is here to stay. Resource optimisation and the need to increase employee productivity are also the reasons behind the interest evinced by Indian enterprises."

"With mobility gaining traction, there is a need for skills like app development and social media administration. This will require re-skilling of the workforce as well. The Indian economy is going through a challenging phase with high inflation and a slowing growth. This, coupled with the upcoming national elections, has created a temporary slowdown of the broader economy."

He added: "2014 will finally see the India IT ecosystem begin a serious transition to the third platform technologies of cloud and mobility, and to a lesser extent big data, and social. It will continue to be a "challenging environment" as the upcoming general elections have put government procurement on halt and enterprises remain cautious in their spending."