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Mobile Enterprise Application Market will reach $3.5 Billion by 2010 - IDC

Filed in archive Management by prashanth on December 17, 2006

An IDC study forecasts strong growth for the worldwide mobile enterprise application (MEA) market. "Vendors and organizations alike must recognize that MEAs are not just about mobilizing a particular application, but rather delivering a set of composite applications based on the mobile workers business processes," said Stephen Drake, program director of IDC's Mobile Enterprise research.

According to the IDC study, the mobile enterprise application market reached $1.2 billion in 2005 and IDC forecasts that this market will grow to $3.5 billion in 2010, representing a compound annual growth rate (CAGR) of 23%. IDC believes the following factors are driving and impacting this emerging market:

? Varying requirements for application functionality and data based on employee role and time criticality;
? Ability for carriers, device manufacturers, ISVs, and systems integrators to provide packaged solutions to end-user organizations;
? Sophistication of organizations as it relates to mobility, and;
? Horizontal deployments across organizations that drive collaborative, customer relationship management (CRM) applications.

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