According to IMARC Group latest report titled “Mobile Device Management (MDM) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on Mobile Device Management (MDM) Market report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The market reached a value of US$ 6.6 Billion in 2021. The Global Mobile Device Management (MDM) Market to reach US$ 28.7 Billion by 2027, exhibiting at a CAGR of 27.6% during 2022-2027.
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.
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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Market Trends:
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.
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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 (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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