What Has Been the Progress and Growth of the Mobile Workforce Management Market in Recent Years?
The mobile workforce management market has seen considerable growth due to a variety of factors.
• The market size of mobile workforce management has seen swift expansion in the past few years. It is projected to increase from $6.39 billion in 2024 to $7.21 billion in 2025, marking a compound annual growth rate (CAGR) of 12.7%.
The growth witnessed during the historic period can be credited to the rise in demand for mobile applications, workforce optimization, the ability to amalgamate mobile workforce management with other enterprise systems, and the proliferation of the BYOD (bring your own device) trend in the workspace.
What Can Be Expected from the Mobile Workforce Management Market Size?
The mobile workforce management market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for severe expansion in the mobile workforce management market in the coming years with the market size set to climb to $11.71 billion in 2029, thanks to a compound annual growth rate (CAGR) of 12.9%.
The predicted growth during the forecast period is due in large part to an upswing in remote work and field operations together with a rising demand for real-time visibility as well as performance tracking, and an increased acceptance of mobile devices and connectivity. Forecast period trends of note include the adoption of AI and ML for workforce optimization, a surge in integration with AI and ML technology, and a greater usage of cloud-based workforce management systems across diverse industries.
What Are the Critical Driver Fuelling The Mobile Workforce Management Market's Growth?
The surge in remote employment is projected to drive the expansion of the mobile workforce management sector in the future. Remote work, often conducted outside of a conventional office environment and often at a location other than the employer's actual workplace, is being supported by mobile workforce management. It offers the necessary tools and procedures to effectively manage employees who aren't physically at a central office. For example, a July 2022 survey by Owl Labs, an American video conferencing devices supplier, of 2,300 full-time workers revealed a 24% increase in workers opting for remote work in 2022 compared to 2021, and a 16% rise in the interest in hybrid-work. Additionally, approximately 62% of workers reported feeling more productive when working remotely. Hence, the surge in remote work is fueling the expansion of the mobile workforce management market.
How Is The Mobile Workforce Management Market segmented?
The mobile workforce management market covered in this report is segmented –
1) By Type: Cloud-Based, On-Premise
2) By Component: Solutions, Services
3) By End-User: Banking, Financial Services and Insurance(BFSI), Communication, Logistics, Manufacturing, Procurement, Other End Users
Subsegments:
1) By Cloud-Based: Software As A Service (Saas) Solutions, Mobile Application Platforms, Remote Monitoring And Management Tools, Data Storage And Backup Services, Subscription-Based Models
2) By On-Premise: Installed Software Solutions, Local Server Management Systems, Customized Workforce Management Applications, In-House Data Storage And Processing, Dedicated Hardware Setups
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What Emerging Trends Are Influencing The Growth Of The Mobile Workforce Management Market?
Leading firms in the mobile workforce management market are pioneering inventive apps such as Skedulo Plus to secure a competitive edge in the industry. Skedulo Plus is structured to reinvent how mobile laborers handle their work, ensuring a smooth procedure for enterprises with mobile manpower. For example, Skedulo, a cloud-based productivity software firm headquartered in the US, unveiled Skedulo Plus in October 2023. This novel mobile workforce management app is engineered to give businesses with mobile employees the ability to manage, plan and complete tasks more proficiently. Skedulo Plus offers a robust and adaptable user experience that can cater to and expand based on the exclusive requirements of mobile laborers. Standout features of Skedulo Plus comprise a consumer-grade user experience, a flexible framework, multiple language support, offline data synchronization for employees in the field, the capacity to accept and look over tasks, manage availability, among others.
Who Are the Key Players In The Mobile Workforce Management Market?
Major companies operating in the mobile workforce management market report are:
• Microsoft Corporation
• Verizon Wireless
• AT&T Inc.
• IBM Corporation
• Oracle Corporation
• Sprint Corporation
• SAP SE
• ServiceMax
• ADP LLC
• TELUS
• Jobber
• Zebra Technologies
• Trimble Inc.
• Kronos
• Pegasystems Inc.
• Verint
• Calabrio
• Descartes Systems Group
• FeedHenry (Red Hat Inc.)
• Skedulo
• Actsoft Inc.
• BigChange
• Vox Mobile
• FieldAware
• ProntoForms Corporations
What Is The Most Dominant Region In The Mobile Workforce Management Market?
North America was the largest region in the mobile workforce management market in 2024. The regions covered in the mobile workforce management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
