Mobile device management market Segmentation, Competitive Landscape, Industry Poised for Rapid Growth And Forecast To 2030
Market
Insights
Mobile device management is defined as security software that information
technology (IT) departments of various organizations utilize for various
purposes. This security management software manages, monitors, and safeguards
not just desktops and laptops, but also, many other electronic devices,
including mobile devices. Market Research Future (MRFR) has published a
research report about the global mobile device management market that predicts
greater economic prospects for this market between 2020-2030. Mobile
Device Management Market Size will grow at USD 24.02 Billion by 2030 at 24.8%
of CAGR.
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The most important market driving factor for the global mobile device
management market growth is the increased productivity of employees, as well
as, enterprises. Other crucial factors supporting the market growth include
tremendous product development in terms of features and new technology and
increasing ownership of mobile devices like tablets & smartphones. However,
some factors that may hamper the market growth in these regions are budgetary
constraints in deploying mobile device management solutions in SMEs and
employees’ reluctance to use mobile device management solutions on their
personal devices owing to privacy issues.
Key Players
Major players in the global mobile device management market include 42Gears
Mobility Systems (India), BlackBerry (Canada), AirWatch (USA), Citrix Systems
(USA), Good Technology (USA), FiberLink Communications (USA), IBM (USA),
Microsoft (USA), ManageEngine (USA), MobileIron (USA), Mitsogo (USA), SOTI
(Canada), SAP (Germany), Sophos (UK), and VMware (USA).
Latest Industry News
Cooperating with Samsung, Deutsche Telekom has introduced four new services for
business customers (using Samsung devices) to enhance the abilities of their
mobile device management products. These services include Samsung Knox
Configure service, Samsung Knox Enterprise Firmware-Over-The-Air (E-FOTA),
Samsung Knox Platform for Enterprise (KPE), and customer support dedicated to
these three services. 18 JUNE 2019
Market Segmentation
The global mobile device management market segmentation covers organization
size, deployment, type, and vertical. MRFR is exploring features of these
segments for a better perception regarding latest trends.
Regarding organization size, this market has been segmented into the small
& medium-sized enterprise (SME) and large enterprise.
Based on deployment, the mobile device management market can be segmented into
on-cloud deployment and on-premise deployment.
By type, the mobile device management market is being segmented into services
and solutions.
Regarding verticals, the market is to be segmented into banking, financial
services and insurance (BFSI), government & public sector, education,
manufacturing, healthcare, retail, media & entertainment, software &
technology, transportation & logistics, telecommunication, and others.
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Regional Segmentation
The regional segmentation of the global mobile device management market covers
North America, Asia Pacific, Europe, and Rest of the World (RoW).
During the forecast period, North America is likely to hold the largest market
share in the global market due to technological advancement, the presence of
many key market players in the USA, the higher purchasing power of consumers,
and increasing number of people owning mobile devices. Other relevant
country-specific markets in this region are Canada and Mexico.
Due to the rapid adoption of mobile device management solutions by various
organizations to safeguard their device data, Europe has emerged as the second
largest regional market. Other factors contributing to the market growth in
this region are the presence of many important market players and the technological
advancement that is behind, only to North America. In this region, the esteemed
country-specific markets are France, Germany, Italy, Spain, and the UK.
During the forecast period, the market in Asia Pacific region is growing
tremendously due to the presence of a high number of mobile device users in
this region. The second factor helping the market the Asia Pacific region is
growth in adopting enterprise mobility and mobile device management solutions.
The third factor contributing to the market growth is economic growth. Growing
population especially youth, in countries like China and India is boosting the
market. Other factors ensuring the efficient market growth are the growing
demand for consumer electronics such as smartphones and laptops, and the
subsequent implementation of mobile device management solutions to safeguard
the devices is gaining aplomb. Another crucial country-specific market in this
region is Japan, which is a technologically advanced country. Other countries
of the Asia Pacific region also contribute significant revenue to the market.
The RoW segment covers Latin America and the Middle East & Africa (MEA)
region. As the technological advancement is limited in North America, Latin
America is a smaller regional market. The two most important economies that
have the potential to emerge as suitable markets in this region are Argentina
and Brazil. In the MEA region, the market growth is slow due to limited
availability of technology.
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