The global mobile device management market size is projected to reach USD 32.45 Billion at a steady CAGR of 28.2% in 2028, according to latest analysis by Emergen Research. This steady market revenue growth can be attributed to increasing number of electronic devices such as smartphones, tablets, and laptops, and desktop and wearable devices. Rising concerns associated with rapid adoption of Bring Your Own Device (BYOD) program by organization are some key factors increasing focus on improvement of efficiency and productivity of mobile devices, which in turn has been boosting adoption of mobile device management solutions. Furthermore, this trend is expected to continue during the forecast period.
Over the last few years, usage of mobile devices by employees has changed radically with increasing number of employees bringing their own devices to workplaces and connecting to secure corporate networks. With increasing flexibility and convenience of bring-your-own-device (BYOD) policies, it also increases the efficiency of a workplace with lower costs of equipment. While this trend is garnering a lot of attention, there are inherent risks associated in terms of security, connectivity, privacy, and management. Growing need to address these issues have given rise to mobile device management (MDM) software to monitor, manage, and secure employees’ laptops, tablets, and smartphones, among other devices that are being used in the workplace.
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Some major companies in the global market report include:
Cisco Systems, Inc., Microsoft Corporation, IBM Corporation, Citrix Systems, SAP SE, Google, Mobileiron, VMware, Kaspersky Lab Inc., Broadcom Inc. (Symantec Corporation), Matrix42, and ManageEngine.
Emergen Research has segmented the global mobile device management market on the basis of deployment type, solution, end use, and region:
- Deployment Type Outlook (Revenue, USD Billion; 2018–2028)
- On-premise
- Cloud
- Solution Outlook (Revenue, USD Billion; 2018–2028)
- Device Management
- Application Management
- Security Management
- Others
- End Use Outlook (Revenue, USD Billion; 2018–2028)
- Government & Public Sector
- Logistics & Transportation
- Retail & e-commerce
- BFSI
- IT & Telecommunication
- Manufacturing & Automotive
- Media & Entertainment
- Healthcare
- Energy & Utility
Key Highlights From the Report
- In April 2021, Cisco and SFR announced major upgrades to network infrastructure that will boost business in France and also speed their digitalization plan. SFR has increased the number of high-speed broadband Internet connections available, including fiber, 4G, and 5G. With 20.7 million eligible FTTx connections, SFR operates the country’s first optical fiber network (FTTH / FTTB) and was the first operator in France to introduce 5G, beginning in Nice. SFR has released three 5G bundles for enterprises, which are available on a range of 5G devices.
- In April 2021, Microsoft Corporation partnership with Intel and AMD resulted in the release of the Surface Laptop 4, which is a new yet familiar-looking device. It offers a built-in HD front-facing camera with low-light capability.
- Cloud based system segment accounted for largest revenue share in the mobile device management market in 2020. Increasing number of users of devices such as smartphones, laptops, tablets, and desktops, and rising concerns regarding continuous improvement of operating systems such as iOS, Android, Windows, macOS, and Chrome OS is expected to result in increasing deployment of cloud-based systems in the mobile device management market during the forecast period.
To know more about the report, click here @ https://www.emergenresearch.com/industry-report/mobile-device-management-market
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