US Analysts Predict a Rapid Migration to Mobile
By Josh Galde | May 10, 2013
Over the last 5 years since 2007, we have seen an explosion in mobile apps to make our lives convenient and more efficient. And it appears there is no letting up. Recently, Forrester Research noted that there are now 7.3 billion mobile devices in a world where there are only 7 billion people.
"Mobile applications in the Enterprise may be a future vision for many companies, but mobile is a vision that is being realized much quicker than many had expected. What does the rise of mobile mean for the enterprise?
The global Enterprise Mobility (EM) market is expected to grow annually by 15 percent every year, eventually reaching $140 billion by 2020. By 2020 roughly 10-12 percent of the enterprise IT budgets will be spent on mobility, compared to less than 5 percent today. These numbers are based on a report by Nasscom in association with Deloitte.
Similarly, IDC is predicting that the biggest driver for new IT spending this year will be smart mobile devices, which include smartphones, tablets and eReaders. IDC expects that this segment will grow 20 percent and generate 57 percent of the IT industry’s total growth.
Industries where there are many customer interactions, like in banking, insurance and retail are seeing higher rates of Enterprise Mobile adoption. Mobile adoption is expected to also increase in government, healthcare and media.
The move to mobile is being fueled by mobile developers turning out applications for their businesses. Frost and Sullivan
report that 82 percent of large North American businesses have already developed mobile apps for their employees. And Gartner is predicting that among in-house development projects, those that target smartphones and tablets will soon outnumber native PC projects by a ratio of 4-to-1." says Dick Weisinger of formtek.com.
Testing is critical in this process