Information Technology and Telecommunication: MDM market

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Tuesday, 11 January 2022

Mobile Device Management Market Size, Share and Global Market Forecast to 2026 | COVID-19 Impact Analysis | MarketsandMarkets

According to new market research "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" published by MarketsandMarkets, the global Mobile device management Market size to grow from USD 5.5 billion in 2021 to USD 20.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 29.8% during the forecast period. The presence of various key players in the ecosystem has led to competitive and diverse market.

Mobile device management solutions allow IT teams and admins to control and distribute security policies to mobile devices accessing sensitive corporate data in their organizations, ensuring the corporate network is secure. With more employees using one or all of these devices, organizations across all shapes and size are now turning to mobile device management for enhanced data and network security and improved employee productivity. MDM solutions enable IT admins to configure enterprise-grade security policies on mobile devices, making them corporate ready.

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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.

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

By Organization 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 Smartphone’s 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.

Cloud Deployment is expected to have a higher growth rate during the forecast period

By Deployment Mode, cloud is expected to have a higher growth rate. Benefits include flexibility, scalability, affordability, operational efficiency, and low costs. This is due to the associated functionalities and core features. The additional benefits of cloud-based solutions include effectiveness while being used by various users, reduced upfront costs, easy rolling out of new projects, zero hardware investments, low maintenance costs, and minimized infrastructure.

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iOS is expected to have a higher growth rate during the forecast period

By Operating system, iOS is expected to have a higher growth rate. iOS is Apple’s proprietary OS and is specifically designed to function on Apple devices. The company offers iOS in several devices, such as the iPhone, which is the company’s flagship product. iOS contributes a significant share to the overall mobile OS segment. Apple provides several in-built security functions and software updates to offer maximum security for its mobile devices. These devices include boot and runtime protections for maintaining the integrity of devices during the ongoing mobile operations. The iOS security model only allows the installation of applications that have been signed by Apple.

North America to hold the largest market size during the forecast period

North America is expected to hold the largest market size in the global Mobile Device Management Market during the forecast period. with large-scale implementations of mobile device management solutions by enterprises over the last few years. This region has been extremely responsive toward adopting the latest technological advancements, including mobile devices, cloud computing, and IoT, within enterprises. The US is the major contributor across North America, as continuous innovation as well as the introduction of new technologies are the key factors driving the growth of the US market.

The key and emerging market players in the Mobile Device Management Market include 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), 42Gears (US), ProMobi (India), Baramundi (Germany), Mitsogo Inc (US), Codeproof technologies (US), AppTec (Switzerland), Addigy (US), Kandji (US). These players have adopted several organic and inorganic growth strategies, including new product launches, partnerships and collaborations, and acquisitions, to expand their offerings and market shares in the global Mobile Device Management Market.

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Tuesday, 8 September 2020

Mobile Device Management Market Size, Share and Global Market Forecast to 2025 | COVID-19 Impact Analysis | MarketsandMarkets

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.

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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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Wednesday, 6 May 2020

Mobile Device Management (MDM) Market by Type, Deployment Type, Organization Size, Industry Vertical, and Region - Global Forecast to 2023

According to new market research "Mobile Device Management (MDM) Market by Type (Solution (Device Management, Application Management, & Security Management), and Service), Deployment Type (Cloud & On-Premises), Organization Size, Industry Vertical, and Region - Global Forecast to 2023", The Mobile Device Management (MDM) market size is expected to grow from USD 2.81 Billion in 2018 to USD 7.86 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 22.8% during the forecast period. The propagation of smartphones and tablets, the growing security concerns to protect corporate data, and the increasing need for MDM solutions to manage and synchronize different platforms through a single console are expected to be the major factors in driving the MDM market.

Browse and in-depth TOC on “Mobile Device Management (MDM) Market”

76 - Tables

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144 – Pages

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MDM solutions segment is expected to hold a larger market size during the forecast period

Among the solutions and services segment, the MDM solutions segment is expected to hold a larger market size during the forecast period. The uptake of corporate-owned devices and advancements in business applications and technologies are expected to have driven the adoption of MDM solutions across businesses. However, the MDM solution providers have been developing and delivering a range of solutions, such as device management, application management, security management, and email management, in the MDM suite, so that these solutions can match up to the business needs of enterprises.

Cloud deployment type is expected to witness a faster growth rate during the forecast period

Under the deployment types, the cloud deployment type is expected to hold the larger market size. It is also expected to grow at a higher CAGR during the forecast period. Most of the industry verticals, such as telecom, manufacturing and automotive, education, transportation, logistics, utilities, and retail, prefer cloud-based MDM solutions. In addition to this, the Small and Medium-sized Enterprises (SMEs) are also rapidly moving toward the cloud deployment type, due to budget constraints and the ease of accessibility of cloud-based MDM solutions.

Healthcare industry vertical is expected to grow at the highest CAGR during the forecast period

In the industry vertical segment, the healthcare industry vertical is expected to be one of the fastest growing in the MDM market. The increasing world population, changing lifestyle, and the increasing awareness of health-related issues are expected to have collectively contributed to the massive growth of the healthcare industry vertical. Furthermore, the wide use of mobile devices among patients, doctors, nurses, and other supporting staff has increased across the globe. This is expected to drive the adoption of MDM solutions in this industry vertical.

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North America is expected to hold the largest market size, whereas Asia Pacific (APAC) to grow at the highest CAGR during the forecast period

Among regions, North America is expected to hold the largest market size in the MDM market during the forecast period, followed by the European region. The North American region has been receptive toward adopting MDM solutions within organizations to safeguard its content from piracy and data breaches, web and network threat security, cyber-attacks, and severe data losses. The US and Canada are expected to be the major contributing countries to this region; almost all major companies of the MDM market are located in these 2 countries.

In terms of the growth rate, the APAC region is expected to experience a strong growth in the coming years, as organizations in this region are looking forward to adopting enterprise mobility solutions for meeting their demands of a dynamic mobile workforce. Economic growth, young population, cloud-based solutions for SMEs, use of local brand tablets and smartphones for business purposes, and the growing Bring Your Own Device (BYOD) trend are expected to be some of the factors that are driving the overall MDM market in this region.

The key players in the MDM market include BlackBerry (Canada), IBM (US), Microsoft (US), MobileIron (US), VMware (US), Citrix Systems (US), ManageEngine (US), SAP (Germany), Sophos (UK), and SOTI (Canada). The key innovators include Mitsogo (US) and 42Gears Mobility Systems (India).

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