Home Technology South America Enterprise Mobile Device Market Size, Share and Forecast to 2031

South America Enterprise Mobile Device Market

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South America Enterprise Mobile Device Market Size, Share & Trends Analysis Report By Type (Smartphones, Laptops, Tablets, PC), By Industries (BFSI, Manufacturing, Telecom, Retail, Healthcare, Others) and By Country(Brazil, Argentina, Colombia, Rest of South America) Forecasts, 2024-2032

Report Code: SRTE54612DR
Study Period 2020-2032 CAGR 13.9%
Historical Period 2020-2022 Forecast Period 2024-2032
Base Year 2023 Base Year Market Size USD XX Billion
Forecast Year 2032 Forecast Year Market Size USD XX Billion
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Market Overview

The South American enterprise mobile device market size witnessed significant growth in the past and is expected to grow at a CAGR of 13.9% during the forecast period (2022-2030).

Enterprise mobile device management (MDM) is a software application organizations use to manage and secure mobile devices used by their employees, typically smartphones and tablets. Regardless of the mobile device's operating system or service provider, enterprise MDM solutions enable centralized control and management of mobile devices within an organization. Enterprise MDM solutions frequently offer various features and functionalities, including device enrollment, configuration, monitoring, and security. The software can be used to establish the rules and guidelines that control how mobile devices are used within the company, including what programs can be installed, what information can be accessed, and how data is communicated and saved.

The emergence of digital transformation drives the Enterprise Mobile Device Market. Competition from global market players acts as a restraint for this market. On the other hand, collaboration and communication tools act as an opportunity for the enterprise mobile device market.

Highlights

  • Laptops dominate the market by Type. 
  • BFSI dominates the market by Industries.
  • Rest of South America dominates the market by Country.

Market Dynamics

South America Enterprise Mobile Device Market Drivers

The Emergence of Digital Transformation

South American businesses are undergoing digital transformation initiatives to stay competitive. Mobile devices are essential for supporting digital transformation because they make it easier to collaborate, communicate, and access cloud-based services in real time. Businesses are using mobile devices to improve consumer experiences, expedite company operations, and spur innovation.

South America Enterprise Mobile Device Market Restraints

Competition from Global Market Players.

The South American enterprise mobile device market is significantly constrained by competition from international firms. These international players frequently have a competitive edge over regional companies and new entrants due to their well-known brands, broad supply chains, and distribution networks. With a large selection of devices with cutting-edge features and functionalities, international mobile device manufacturers have a significant presence in the area. They gain from economies of scale, which enables them to develop products at cheaper costs and provide clients with competitive pricing. Local businesses struggle to compete on an even playing field because of their established reputation and brand awareness, inspiring trust among consumers and businesses.

Furthermore, it can be challenging for local enterprises to penetrate the well-established relationships that global players frequently have with industrial clients. These connections are developed over time and entail considerable post-sale assistance, service contracts, and maintenance agreements. It might be difficult for local businesses to persuade businesses to switch to their products or services because of the trust and familiarity that multinational players have built with clients.

South America Enterprise Mobile Device Market Opportunities

Collaboration and Communication Tools 

Mobile devices are required as remote work, and geographically scattered teams become more common. These devices should make collaboration and communication easy. Mobile devices with integrated collaboration tools, video conferencing capabilities, and interfaces with well-known communication platforms are in demand from South American businesses. Companies offering mobile devices with sophisticated collaboration functions can meet this market demand.

Regional Analysis

The South American mobile enterprise device market based on the country is segmented by Brazil and the Rest of South America. The rest of South America dominates the country market and is expected to grow at a CAGR of 17.2% during the forecast period.

Latin America is one of the world's markets that is revolutionizing and growing the fastest. Consumer product producers, end users of business devices, the manufacturing industry, and firms that provide telehealth & telemedicine devices and services are all joining the regional market due to the world's rapid urbanization. In South America, this situation has raised the demand for business equipment. In addition, the BFSI sector, the automotive and transportation industries, and the information technology and telecommunications sectors are some of the industries that have raised the demand for business devices throughout South America.

Report Scope

Report Metric Details
Segmentations
By Type
  1. Smartphones
  2. Laptops
  3. Tablets
  4. PC
By Industries
  1. BFSI
  2. Manufacturing
  3. Telecom
  4. Retail
  5. Healthcare
  6. Others
Company Profiles Google Apple Honeywell International IBM Corporation Cisco System Inc. Oracle Corporation Huawei Corporation Microsoft Corporation Samsung Electronics
Geographies Covered
South America Brazil Argentina Colombia Rest of South America
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
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Segmental Analysis

The South American enterprise mobile device market is segmented based on Type, Product, Distribution Channel, and Country.

The South American enterprise mobile device market based on type is segmented by Smartphones, Laptops, Tablets, and PC

Laptops dominated the market and are expected to register a CAGR of 14.4% over the forecasted period.

Based on industries, the South American enterprise mobile device market is segmented by BFSI, Manufacturing, Telecom, Retail, Healthcare, and Others.

BFSI dominated the market and is expected to register a CAGR of 13.8% over the forecasted period.

Market Size By Type

Recent Developments

  • Feb 2023-Huawei revealed that the P50 Pocket, a new smartphone, would be released in February 2023. The clamshell-shaped foldable smartphone is called the P50 Pocket.

Top Key Players

Google Apple Honeywell International IBM Corporation Cisco System Inc. Oracle Corporation Huawei Corporation Microsoft Corporation Samsung Electronics Others

Frequently Asked Questions (FAQs)

What is the growth rate for the South American enterprise mobile device market?
The South American enterprise mobile device market is expected to grow at a CAGR of 13.9 % during the forecast period (2022-2030).
Key verticals adopting South American enterprise mobile device include: - Google, Apple, Honeywell International, IBM Corporation, Cisco System Inc.
The emergence of digital transformation is the key drivers for the growth of the South American enterprise mobile device market.
The South American enterprise mobile device market is segmented based on type are Smartphone, Laptops, Tablets and PC
Collaboration and communication tools is the key opportunity in market.


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