The report"Enterprise Mobility Management Market by Component, Solution (MobileDevice Management, Mobile Application Management), Deployment Mode,Organization Size, Vertical (BFSI, Manufacturing), and Region - Global Forecastto 2026", size is expected to grow from USD 16.6 billion in 2020 to USD63.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 25.1% duringthe forecast period. EMM 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. EMM is also used to optimizethe security and functionality of connected devices in enterprises, whilesimultaneously protecting the organization’s network.
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Increasinguse of devices and data by companies to know more about their core businessprocesses driving the adoption of managed services segment of EMM platforms during the forecast period
Managedservices are offered by third-party vendors that manage software and solutionupdates. These services help organizations monitor various endpoints and ensurethat security policies are appropriately configured. Organizations that opt formanaged services are able to receive scheduled reports on various devices.Managed services also provide access to industry best practices and deep-rootedtransformation expertise without impairing the internal operations oforganizations. They offer technical skills that are required to maintain andupdate the software in the EMM solution.
Risingneed to secure data by large firms to drive the demand for on-premises to holda larger market size
Datasecurity concerns among the end-users is contributing to the higher adoption ofon-premises EMM solution globally. Theon-premised EMM solution is majorlydeployed by the large organizations as it has better ability to invest.Moreover, large firms have wide variety of business segment with serving tobroader geographical reason hence data security is of utmost importance.
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NorthAmerica to dominate the market during the forecast period
NorthAmerica is estimated to account for the largest share of the market in 2020.North America constitutes of developed economies, such as the US and Canada.The North America EMM market holds the highest market share. Along withdigitalization, the desire to increase the efficiency and productivity ofmobile devices is one of the factor for the growth of the market. A surge inthe dependence on BYOD and CYOD trends in the US and Canada provide employeesreal-time access to various data and applications, which has also led to theregion adopting EMM solutions. An increase in the usage of mobile devices byemployees at work is a norm practiced by companies of all sizes.
The majorvendors offering EMM solutions are IBM (US),Microsoft (US), Cisco (US), BlackBerry (Canada), VMware (US), SAP (Germany),Citrix (US), Matrix42 (Germany), MobileIron (US), Nationsky (China), SnowSoftware (Sweden), Sophos (UK), SOTI (Canada), Codeproof (US), Netplus Mobility(US), Hexnode (US), ManageEngine (US), Miradore (Finland), Quest Software (US),Ivanti(US), Scalefusion (India), 42Gears Mobility Systems (India), SocialMobile (US), AppTech (Switzerland), andJamf (US).
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