New analysis from Frost & Sullivan, The New Mobile Office Market, finds that the market earned revenues of approximately $1.7 billion in 2009 and forecasts this to reach $6.8 billion in 2015. According to the market research news release, cost, security, and awareness remain critical restraining factors of growth for mobile office solutions. In the past, cost constraints prevented small and medium-sized organizations from deploying mobile office solutions.
"Over the last few years, the enterprise market has evolved into an incremental opportunity for the wireless industry. The new generation of mobile office solutions provides a potent tool for real-time collaboration and communication, integrates seamlessly with day-to-day management applications, and helps to enhance productivity levels.
"'It is crucial for enterprises to make investments in mobility and to derive optimum ROI from their costs,' says Frost & Sullivan Mobile & Wireless Industry Manager Samir Sakpal. 'Mobile solution vendors understand the criterion for enterprises and developed solutions which seamlessly integrate into various back-end systems and applications of the enterprise.'"