Market Size of Enterprise Mobility in Energy Sector Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 18.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Energy Sector Enterprise Mobility Market Analysis
The enterprise mobility in energy sector market is expected to grow at a CAGR of 18.5% over the forecast period (2021 - 2026). Due to enterprise mobility, the energy sector is able to keep track of daily processing. It has given companies a new manner to work upon. This helps in computing data of corporate via mobiles while working as a team.
- Advancements in energy revolution is the major driving factor for enterprise mobility growth. For instance, there are many plants generating renewable energy, thus resulting in decentralized energy production. Digital infrastructure is needed where information is transmitted in real time. Mobile devices provide an efficient information exchange and data flow.
- Appropriate authentication needs to be in place within all mobile channels, with access to the corporate network controlled at the correct levels. This will also involve the management of separate user identities in certain cases. Enterprise applications must then be secured to prevent data leakage when being used on personal devices. Thus, security vulnerability is the factor discouraging the market growth.
Energy Sector Enterprise Mobility Industry Segmentation
The energy sector is an industry where the mobile workforces and the globally dispersed stakeholders are the norm. Thus enterprise mobility ranks as a top- technology priority for energy companies. Ongoing developments in mobile technologies, coupled with advances in cloud services, analytics, and mobile application security, are extending its value to ever-more applications and users.
| By Device | |
| Smartphones | |
| Laptops | |
| Tablets |
| By Deployment | |
| On-Premise | |
| Cloud |
| Geography | |
| North America | |
| Europe | |
| Asia-Pacific | |
| Latin America | |
| Middle East & Africa |
Enterprise Mobility in Energy Sector Market Size Summary
The enterprise mobility market within the energy sector is experiencing significant growth, driven by advancements in digital infrastructure and the increasing adoption of mobile technologies. This sector is leveraging mobile devices to enhance data processing and team collaboration, enabling real-time information exchange crucial for decentralized energy production, such as renewable energy plants. However, the growth is tempered by security concerns, as ensuring secure access and preventing data leakage on personal devices remain critical challenges. The industry's shift towards mobile solutions is further supported by initiatives like the Mobile for Development Utilities Programme, which has explored mobile payments and smart metering, highlighting the potential of smartphones in transforming utility systems.
In the Asia-Pacific region, the rapid adoption of smartphones and the migration to high-speed mobile networks are facilitating the deployment of enterprise mobility solutions in the energy sector. Companies in this region are increasingly embracing Bring Your Own Device (BYOD) policies to boost employee productivity and satisfaction. The fragmented industry landscape sees numerous players offering mobility solutions across various sectors, with ongoing technological advancements prompting vendors to update their software offerings. Notable developments include BlackBerry's enhancements to its Enterprise Mobility Suite and SAP's release of tools to improve asset management, underscoring the sector's commitment to integrating mobility solutions into their operations.
Enterprise Mobility in Energy Sector Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Introduction to Market Drivers and Restraints
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1.3 Market Drivers
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1.3.1 Advancements in Energy Revolution is the Major Driving Factor
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1.4 Market Restraints
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1.4.1 Security Vulnerability is the Major Discouraging Factor
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1.5 Industry Attractiveness - Porter's Five Force Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers/Consumers
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitute Products
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1.5.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Device
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2.1.1 Smartphones
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2.1.2 Laptops
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2.1.3 Tablets
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2.2 By Deployment
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2.2.1 On-Premise
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2.2.2 Cloud
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2.3 Geography
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2.3.1 North America
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2.3.2 Europe
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2.3.3 Asia-Pacific
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2.3.4 Latin America
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2.3.5 Middle East & Africa
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Enterprise Mobility in Energy Sector Market Size FAQs
What is the current Enterprise Mobility in Energy Sector Market size?
The Enterprise Mobility in Energy Sector Market is projected to register a CAGR of 18.5% during the forecast period (2024-2029)
Who are the key players in Enterprise Mobility in Energy Sector Market?
Blackberry Ltd., Cisco Systems, Inc., Citrix Systems, Inc., Apteligent and McAfee Inc are the major companies operating in the Enterprise Mobility in Energy Sector Market.
