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Mobile Device Management Market Growing at a CAGR 29.8% | Key Player Google, Citrix, Blackberry, Microsoft, Cisco

Mobile Device Management Market Growing at a CAGR 29.8% | Key Player Google, Citrix, Blackberry, Microsoft, Cisco

“VMware (US), Microsoft (US), IBM (US), Blackberry (Canada), Citrix (US), Google (US), Cisco (US), Samsung (South Korea), Micro Focus (UK), ZOHO (India), SolarWinds (US), SAP (Germany), Quest Software (US), Ivanti (US), Sophos (US), SOTI (Canada), Jamf (US), Qualys (US), Snow Software (Sweden), Matrix 42 (Germany), Rippling (US)”
Mobile Device Management Market by Component (Solutions (Device management, Application Management, Security management) and Services), Deployment Mode, Organization Size, Operating system Vertical and Region – Global Forecast to 2026

MarketsandMarkets forecasts the global Mobile Device Management (MDM) market size to grow from USD 4.3 billion in 2020 to USD 15.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 29.6% during the forecast period. MDM is a software solution used by enterprises to manage, monitor, and secure mobile devices, such as smartphones, laptops, and tablets, across all mobile platforms in an organization. MDM is also used to optimize the security and functionality of connected devices in enterprises, while simultaneously protecting the organization’s networks.

The services to record a higher growth rate during the forecast period

In the mobile device management market by component, the services is expected to record a higher growth rate during the forecast period. Services play an important role in managing mobile devices within an enterprise environment. A majority of MDM vendors offer support services to enterprises for driving more business revenue. They offer two major types of services: professional services and managed services. Professional services have been further categorized into three types: consulting services, implementation services, and support services. The services market holds a substantial share of the total mobile device management market and is expected to grow at a high rate.

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Large Enterprises are expected to hold a larger market share during the forecast period

By Organisation size, large enterprises are expected to hold the largest market size Large enterprises hold a larger market size in the present market, as the segment has already shown major adoption and implementation of mobile device management services. The use of smartphones and tablets to access business applications has become a common practice in large enterprises. The growth of the large enterprises segment in the MDM market can be attributed to the increasing adoption of mobile devices among businesses and the importance of mobile applications as an effective medium of connecting organizations, their customers, and their employees.

The key and emerging market players in the MDM market include VMware(US), Microsoft(US), IBM (US), Blackberry(Canada), Citrix Systems(US), MobileIron (US), Ivanti(US), 42Gears Mobility Systems(India), Matrix42(Germany), ManageEngine(US), Snow Software(Sweden), Sophos (UK), SOTI (Canada), SAP (Germany), Google (US), Mitsogo (US), Baramundi Software AG  (Germany), AppTech (Switzerland), Jamf (US), SolarWinds (US), Quest Software (US), Miradore (Finland), ProMobi Technologies (India), Cisco (US), Samsung (South Korea), Micro Focus (UK), 1Mobility (India), Kandji (US), Addigy (US), Codeproof Technologies (US), and Rippling (US). These players have adopted various strategies to grow in the global MDM market.

IBM helps enterprises in simplifying the management of their device environment through MDM that combines user, app, and content management with strong data security. IBM MaaS360 with Watson MDM enables enterprises to gain adequate visibility, manageability, and security for running iOS, macOS, Android, and Windows. MaaS360 MDM, along with the Enterprise Mobility Management (EMM) solution, helps enterprises to manage specific OS, multiple devices types, or a mixed environment between corporate and Bring Your Own Device (BYOD). MaaS360 MDM helps organizations gain multi-OS device management from one platform by offering Apple MDM security, Android MDM security, Windows MDM security, ruggedized Android mobile devices, and IoT device deployments. The MaaS360 with Watson has evolved into Unified Endpoint Management (UEM), leaving behind MDM and Enterprise Mobility Management (EMM) to deliver mobile security through an AI-infused, cloud-based, integrated platform. UEM helps IT and security leaders with the technology they need to manage and secure smartphones, tablets, laptops, desktops, wearables, and IoT.

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Blackberry is another leading company in the MDM market. The company focuses on organic growth strategies to expand its business in the MDM market with latest innovations and developments. BlackBerry Spark UEM Suites consist of MDM, Mobile Application Management (MAM), Mobile Content Management (MCM), and Identity and Access Management (IAM). It offers a single platform that streamlines the management process across devices, apps, files, and users. It can be delivered on-premises, as a cloud service, or as a hybrid model. BlackBerry MDM supports a wide range of mobile devices that run on platforms, such as iOS, Android, Windows, macOS, and BlackBerry. It further enables multiple ownership models, such as BYOD; Company Owned, Personally Enabled (COPE); and Company Owned, Business Only (COBO). The BlackBerry Spark UEM suite helps deliver consistent MDM policies and controls across key platforms and device ownership models.

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