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.
The study finds that how on certain account threats and challenges can act as a roadblock for the business. A thorough evaluation of the Mobile Device Management market in the light of macro-environment such as social, political, economical as well as technological environment add granularity to the overall research. In addition, the study produces real-time data on vital aspects including sales, profits, gross margin and growth prospects to show how going forward the business will witness a substantial upswing.
Some Key Highlights From 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.
- Device management segment revenue growth rate is projected to incline rapidly during the forecast period. Rising concerns regarding development for Internet-connected devices, Artificial Intelligence devices in manufacturing, healthcare, and communication sectors are factors boosting market growth.
- End Use segment accounted for largest revenue share in the mobile device management market in 2020, which is expected to incline rapidly during the forecast period.
- North America accounted for largest revenue share contribution to the global mobile device management market in 2020. Concerns regarding improvement in productivity and efficiency of employees to Choose Your Own Device (CYOD) programs by enterprise are factors driving global mobile device management market growth.
- Key players in the market 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.
To get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/mobile-device-management-market
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
