Mobile Device Management Market Growth, Sales Revenue, Competitive Landscape and Industry Expansion Strategies 2030
Market Insights
Mobile device management is defined as security software that information technology (IT) departments of various organizations utilize for various purposes. This security management software manages, monitors, and safeguards not just desktops and laptops, but also, many other electronic devices, including mobile devices. Market Research Future (MRFR) has published a research report about the global mobile device management market that predicts greater economic prospects for this market between 2020-2030. Mobile Device Management Market Size will grow at USD 24.02 Billion by 2030 at 24.8% of CAGR.
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The most important market driving factor for the global mobile device management market growth is the increased productivity of employees, as well as, enterprises. Other crucial factors supporting the market growth include tremendous product development in terms of features and new technology and increasing ownership of mobile devices like tablets & smartphones. However, some factors that may hamper the market growth in these regions are budgetary constraints in deploying mobile device management solutions in SMEs and employees’ reluctance to use mobile device management solutions on their personal devices owing to privacy issues.
Key Players
Major players in the global mobile device management market include 42Gears Mobility Systems (India), BlackBerry (Canada), AirWatch (USA), Citrix Systems (USA), Good Technology (USA), FiberLink Communications (USA), IBM (USA), Microsoft (USA), ManageEngine (USA), MobileIron (USA), Mitsogo (USA), SOTI (Canada), SAP (Germany), Sophos (UK), and VMware (USA).
Latest Industry News
Cooperating with Samsung, Deutsche Telekom has introduced four new services for business customers (using Samsung devices) to enhance the abilities of their mobile device management products. These services include Samsung Knox Configure service, Samsung Knox Enterprise Firmware-Over-The-Air (E-FOTA), Samsung Knox Platform for Enterprise (KPE), and customer support dedicated to these three services. 18 JUNE 2019
Market Segmentation
The global mobile device management market segmentation covers organization size, deployment, type, and vertical. MRFR is exploring features of these segments for a better perception regarding latest trends.
Regarding organization size, this market has been segmented into the small & medium-sized enterprise (SME) and large enterprise.
Based on deployment, the mobile device management market can be segmented into on-cloud deployment and on-premise deployment.
By type, the mobile device management market is being segmented into services and solutions.
Regarding verticals, the market is to be segmented into banking, financial services and insurance (BFSI), government & public sector, education, manufacturing, healthcare, retail, media & entertainment, software & technology, transportation & logistics, telecommunication, and others.
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Regional Segmentation
The regional segmentation of the global mobile device management market covers North America, Asia Pacific, Europe, and Rest of the World (RoW).
During the forecast period, North America is likely to hold the largest market share in the global market due to technological advancement, the presence of many key market players in the USA, the higher purchasing power of consumers, and increasing number of people owning mobile devices. Other relevant country-specific markets in this region are Canada and Mexico.
Due to the rapid adoption of mobile device management solutions by various organizations to safeguard their device data, Europe has emerged as the second largest regional market. Other factors contributing to the market growth in this region are the presence of many important market players and the technological advancement that is behind, only to North America. In this region, the esteemed country-specific markets are France, Germany, Italy, Spain, and the UK.
During the forecast period, the market in Asia Pacific region is growing tremendously due to the presence of a high number of mobile device users in this region. The second factor helping the market the Asia Pacific region is growth in adopting enterprise mobility and mobile device management solutions. The third factor contributing to the market growth is economic growth. Growing population especially youth, in countries like China and India is boosting the market. Other factors ensuring the efficient market growth are the growing demand for consumer electronics such as smartphones and laptops, and the subsequent implementation of mobile device management solutions to safeguard the devices is gaining aplomb. Another crucial country-specific market in this region is Japan, which is a technologically advanced country. Other countries of the Asia Pacific region also contribute significant revenue to the market.
The RoW segment covers Latin America and the Middle East & Africa (MEA) region. As the technological advancement is limited in North America, Latin America is a smaller regional market. The two most important economies that have the potential to emerge as suitable markets in this region are Argentina and Brazil. In the MEA region, the market growth is slow due to limited availability of technology.
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