April 4, 2020

Mobile Device Management (MDM) Market | Key Players are IBM Corporation, Cisco Corporation, SAP SE, VMware, 42Gears Mobility Systems, Microsoft Corporation, among others.

According to a new market research report published by Credence Research, the Mobile Device Management (MDM) market was valued at US$ 9.60 billion in 2018 and is set to grow by 23 per cent during the forecast period 2019 to 2027.

Market Insights

The Mobile Device Management (MDM) market is driven by the increasing adoption of enterprise mobility and BYOD policies among enterprises. Enterprises are moving rapidly towards enterprise mobility solutions to improve operational efficiency and provide employees with greater flexibility and convenience. Increasing competition between market players and the transformative power of mobile technology are encouraging companies to opt for mobility solutions.

Browse the full report at https://www.credenceresearch.com/report/mobile-device-management-mdm-market

Enterprises are leveraging a wide range of mobility tools such as enterprise mobile apps, BYOD policies along with agile transformation to improve operational performance and reduce operating costs. As the adoption of an enterprise mobility solution increases, there is also a growing need to ensure secure access to company data, together with data security and security. This is accelerating the demand for the market for mobile device management. In addition, the increasing adoption of smartphone and internet services is further increasing market demand.

IT & Telecom is the leading sector in the mobile device management market with the majority share in the revenue. The market is driven by the increasing digitalization among the IT & Telecom sector. As the competition among the market players is increasing, the enterprises are shifting towards the digital business models to gain an edge over its competitors. This is driving the demand for the mobile device management solutions in the sector. Furthermore, the growing need among the enterprises to reduce the IT cost and gain operation efficiency is further promoting the adoption of the mobile device management solutions. Additionally, the increasing risk of cyber-attacks and data theft among the sector is acting as a major force propelling the market growth.

Asia Pacific is estimated to grow significantly during the forecast period. The growth of the market is driven by the increasing digitalization among the organization across the region. The economic growth in the region along with the growing adoption of the internet services is further accelerating the demand for the mobile device management market. Furthermore, the high incidences of the cyber-attacks and data theft in the region are also encouraging the adoption of the mobile device management market.

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The key players in the Mobile Device Management (MDM) market space are IBM Corporation, Cisco Corporation, SAP SE, VMware, 42Gears Mobility Systems, Microsoft Corporation, Citrix Systems, Good Technology, Fiberlink Communication, Blackberry, ManageEngine, Hexnode MDM, Mobileiron, SOTI and Sophos.

Report Scope by Segments

By Component Segment Type

  • Solution
    • Device management
    • Application management
    • Security management
    • Others
  • Services
    • Managed
    • Professional

By Deployment Segment Type

  • On-premise
  • Cloud

By Application Segment Type

  • BFSI
  • Telecom
  • Retail
  • Healthcare
  • Education
  • Manufacturing & Automotive
  • Logistics & Transport
  • Others

By Geography Segment

  • North America (U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of the World (Middle East & Africa, Latin America)

Credence Research is providing Free Sample Get it here: https://www.credenceresearch.com/sample-request/59824

 

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