According to a recently published report by Research Nester on “Global Mobile Device Management Market Outlook: Industry Insights & Opportunity Assessment 2019–2027” delivers detailed overview of the global mobile device management market in terms of market segmentation by vertical, by deployment mode, by type, by organization size and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
Mobile device management is usually implemented with the help of third party product which have management features for particular vendors of mobile devices. It deals with corporate data segregation, securing mails, securing corporate documents on devices, enforcing corporate policies, integrating and managing mobile devices including laptops and handhelds devices of different categories. Mobile device management has become a top priority for organizations these days as the employees use smartphones and other electronic devices which poses a threat to security of data of the organization. They help to increase efficiency and reduce the operational costs. Increasing use of mobile device management is estimated to boost the growth of the global mobile device management market with a CAGR of 22% over the period 2019-2027.
The global mobile device management market is segmented by vertical, deployment mode, type & organization size, out of which, the service segment is anticipated to have significant growth. The vertical segment is divided into BFSI, government and public sector, telecommunication, media and entertainment, retail, healthcare, software and technology, education, transportation and logistics, manufacturing and others. Deployment mode segment is divided into on-cloud and on- premise. Type segment is divided into service and solution. Further, organization size segment is divided into small and medium enterprise and large enterprise.
Need for Synchronization between Different Platforms to Boost the Demand for Mobile Device Management in the Future
The global mobile device management market is thriving on the back of need for synchronization between different platforms. There are thousands and lakhs of employees working in an organization which might have different types of applications on their smartphones and other electronic devices. It not only consumes a lot of efforts but also time and cost to manage and monitor these. MDM (Mobile Device Management) helps to synchronize these different platforms using a single console.
Bring-Your-Own-Device (BYOD) Trend- Bring your own device means that the employees bring their own electronic devices to work on, which helps in reducing the operational cost of the organization as well as the employees would feel more comfortable working on their personal devices which is estimated to propel the growth of the global mobile device management market.
North- America is anticipated to lead the market growth on the back of rapid adoption of MDM to protect from data breaches and theft, data losses and cyber-attacks. Asia-Pacific is expected to emerge as a lucrative market owing to the growing adoption of mobile device management in the organizations to meet the demand for economic growth and mobile workforce. Europe is expected to grow at a significant rate on the back of reduced hardware cost and enhanced work efficiency.
This report also provides the existing competitive scenario of some of the key players of the global mobile device management market which includes company profiling of Microsoft Corporation, IBM Corporation, Blackberry, Citrix Systems, Apple Incorporation, Symantec Corporation and Mobile Iron Incorporation.
The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global mobile device management market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.