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Global Enterprise Spending on Mobile Communication Market 2012-2016

Global mobile communication spending market: 5% CAGR between 2012-2016


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2014-02-26 05:03:02 - Global Enterprise Spending on Mobile Communication Market 2012-2016 - a new market research report on companiesandmarkets.com

The Global Mobile Communication Spending Market is to grow at a CAGR of 4.72 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing need for enterprise mobility. The Global Enterprise Spending on Mobile Communication space has also been witnessing the growing availability of corporate communication packages. However, the growing concern regarding data security could pose a challenge to the growth of this market.

Mobile CSPs are introducing corporate calling plans and mobile broadband usage packages for enterprise users. For instance, Verizon Wireless offers voice and data plans for business users where SMEs and large enterprises have separate mobile communication plans. In such plans, the enterprise users can determine their data and communication

 

 

usage. This will help in reducing the overall mobile communication cost for enterprises. Therefore, enterprise users will be encouraged to adopt such mobile communication plans which will help them have better communication facilities at a lower cost. Therefore, this will support the growth of the Global Enterprise Spending on Mobile Communication market.

One of the major drivers in this market is the increased need for enterprise mobility. Due to the increase in globalization, the demand for mobility among organizations is increasing. This is because it helps in increasing the business outcomes as employees can communicate without time and location constraints. This will increase the need for mobile communication in enterprises, thus supporting the growth of the market.

The increased concern relating to data security constitutes a major challenge in this market. Since critical data has become available outside the enterprises, the risk of data theft has increased. In the case of mobile communication, the risk of data theft is high. This will discourage the end-users from adopting it, and hence this will affect the growth of the market.

The key vendors dominating this space are Vodafone Group plc, China Mobile Ltd., Verizon Communications Ltd., and AT&T Inc. The other vendors mentioned in the report are China Unicom Ltd., Deutsche Telekom AG, Orange S.A., Sprint Nextel Corp., Telefonica S.A., Telenor Group, and T-Mobile International AG.

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