According to IMARC Group latest report titled” Mobile Device Management (MDM) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the market is currently witnessing strong growth. The global Mobile Device Management (MDM) Market to continue its strong growth during the next five years.
Market Trends and Drivers:
Mobile device management (MDM) is a software-based application designed to help managers and administrators to control and secure mobile endpoints, such as laptops, smartphones, and tablets across the organization. It is a key component of enterprise mobility management (EMM) that allows users to access official data and applications on personal devices. MDM can perform numerous functions, such as providing a remote control for troubleshooting, maintaining hardware and application inventory, and managing operating system (OS) configuration and mobile content. As a result, it is extensively adopted across numerous industries, including retail, healthcare, BFSI, telecommunication, manufacturing, automotive, etc.
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The increasing adoption of cloud-based services, along with rapid digitization across diverse industries, is primarily driving the market growth. Moreover, the emerging trend of Bring-Your-Own-Devices (BYOD) enhances vulnerabilities to the company network and the risk of data breaches. This, in turn, is increasing the focus of organizations on employing advanced systems, such as MDM, to secure their corporate data. Besides this, the escalating demand for workflow automation and collaboration of various teams and departments across the organization is positively influencing the global market. Several other factors, such as the integration of artificial intelligence (AI) with MDM solutions, coupled with extensive R&D activities in the IT sector, are anticipated to further drive the global market for MDM in the coming years.
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined with some of the key players.
- AirWatch (VMware)
- Blackberry
- Cisco Systems Inc.
- Citrix Systems Inc.
- IBM Corporation
- Microsoft Corporation
- Mobile Iron Inc.
- SAP SE
- Sophos Ltd.
- SOTI Inc.
Global Mobile Device Management (MDM) Market Segmentation:
Our report has categorized the market based on region, Type, Deployment Type, Organization Size, Vertical, Application and End-Use.
Market by Type:
- Solutions
- Services
Market by Deployment Type:
- On-Premises
- Cloud-based
Market by Organization Size:
- Large Enterprises
- Small and Medium-Sized Enterprises
Market by Vertical:
- BFSI
- Manufacturing
- Healthcare
- Communication
- Others
Market by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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