Market Overview
The growing security concern is encouraging the IT sector to deploy mobile device management (MDM) solution. It is identified as a major cause that can propel the expansion of the global mobile device management market. The on-going BYOD trend is generating scope for the adoption of MDM solutions. It is observed to cause the MDM market to surge in the review period. The increase in the use of tablets and smartphones among people and the expansion of the global workforce due to fast industrialization is surging the risk of data breach in IT sectors. Hence, the growing desirability of mobile device management for better corporate security is expected to boost its market growth. It is noted that use of MDM solutions is improving the efficacy of employees. The contribution of MDM towards higher productivity of an organization is expected to spur its market progress. The rise in deployment of cloud-based services in SMEs and exercising MDM in the UME suite are creating scope for the market to surge. However, the mobile device management market can be encounter certain resistance. Difficulty in selection of authentic MDM vendor and installation complexities can restrain the market expansion.
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Key Players
MRFR list of key players of the mobile device management market comprises Microsoft (USA), BlackBerry (Canada), AirWatch (USA), FiberLink Communications (USA), 42Gears Mobility Systems (India), Citrix Systems (USA), Good Technology (USA), ManageEngine (USA), IBM (USA), MobileIron (USA), SOTI (Canada), Mitsogo (USA), SAP (Germany), VMware (USA), and Sophos (UK). Collaboration among key players are resulting in the launch of new products that are more effective. It is likely to favor the MDM market.
Industry Update
December 2019
VIBS (Victims Information Bureau of Suffolk) and IBM, a renowned American IT company, together to launch their secure device management solution. They are hopeful to provide on-the-go delivering mobile security to customers.
Segment Outline
The mobile device management market segment study is done on the basis of organization size, deployment, type, and vertical. Cloud and on-premise are deployment-based market segments. The high degree of reliability and feasibility offered by cloud technology are contributing to the growing adoption of cloud-based MDM solutions. This is likely to impel the global mobile management market progress. On the basis of organization size, the market is segmented into large enterprise and small & medium-sized enterprise (SME). The SME segment is expected to generate decent revenue for the market. Services and solutions are type segments of the MDM market. The solution segment is likely to contribute significantly to the MDM market. The integration of MDM is observed across verticals, BFSI, government & public sector, education, manufacturing, healthcare, retail, software & technology, media & entertainment, transportation & logistics, telecommunication, and others.
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Regional Outlook
In North America, the mobile device management market is expected to hold the pole position due to the upscaling demand for mobile device management in IT enterprises. Technological advancements, new products launched by key players, and high purchase power of people are additional boosters of the regional market. The US is likely to attract good business for the regional market in years to come. Europe is expected to rank second in the global market. The increase in the use of smartphones and the development of new products with the assistance of modern technologies are observed as growth factors for the Europe market. In Asia Pacific, the emerging MDM market is expected to gain momentum from the increase in sales of electronics, such as smartphones, and the presence of prominent key players. Moreover, the rapid expansion of the IT sector can gain high traction for mobile device management services.
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