According to new market research "Mobile Device
Management Market by
Component (Solutions and Services), Deployment (Cloud and On-Premises),
Organization Size (Large Enterprises and SMEs), Operating System, Vertical
(BFSI, Telecom, Healthcare), and Region - Global Forecast to 2025", published by MarketsandMarkets™, the Mobile Device Management 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 network.
Browse and in-depth TOC on “Mobile Device Management (MDM) Market”
339 - Tables
52 - Figures
287 – Pages
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The solutions segment to hold a larger market size during
the forecast period
Based on component, the solutions segment of the MDM market is
projected to hold a larger market size during the forecast period. Enterprises
have to monitor several devices in their network, whether they are
corporate-owned devices or personal devices of employees. MDM solutions deal
with deploying, integrating, securing, monitoring, and managing mobile devices,
such as smartphones, laptops, and tablets/phablets in the workplace. For the
enterprises dealing with BYOD, MDM is becoming a dynamic solution in ensuring
general device management and device security. As many organizations have
either permitted or cautiously enabled a BYOD corporate policy, MDM is the
foundational technology to manage employee-owned devices. MDM solutions help in
device management, application management, security management, and others
(mobile email management, mobile kiosk management, and mobile expense
management). In today’s digital era, the trend of digital transformation has
dramatically changed the way businesses function.
By services, the managed services segment to record a higher
growth rate during the forecast period
Managed services are offered by third-party vendors that manage
software and application updates. These services help organizations monitor
various endpoints and ensure that security policies are appropriately
configured. Organizations that opt for managed services are able to receive
scheduled reports on various devices. Managed services also provide access to
industry best practices and deep-rooted transformation expertise without
impairing the internal operations of organizations. They offer technical skills
that are required to maintain and update the software in the MDM solution.
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Asia Pacific to record the highest growth during the forecast
period
The APAC MDM market is estimated to have a strong growth in the
future. The constant economic growth, increasing the young workforce, and the
usage of tablets and smartphones for business purposes will lead toward the
adaptation of enterprise mobility solutions to meet the growing demands of
securing and protecting critical data. The dependence on the BYOD trend is
expected to be an emerging one in India, as the country is home to several mid-sized
and large enterprises that have enabled employees to carry their own devices in
office campuses. The rise in digitalization has also led to concerns related to
hacking and data security threats. Countries such as Japan have increased
efforts for deploying MDM solutions on each vertical, thus ensuring the
regularity and security of data. Various vendors in mobility management have
been taking efforts in entering partnerships with the government to offer
products to small and large enterprises.
Major vendors of MDM 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).
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