Market Research Future (MRFR) has published a cooked research report on the “Enterprise Mobility Management Market” that contains information from 2018 to 2032. The Enterprise Mobility Management Market is estimated to register a CAGR of 24.50% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Enterprise Mobility Management Market — IBM (US), Microsoft (US), Cisco (US), BlackBerry (Canada), VMware (US), SAP (Germany), Citrix (US), Matrix42(Germany), MobileIron (US), Nationsky (China), Snow Software (Sweden), Sophos (UK), SOTI (Canada), Codeproof (US), Netplus Mobility (US).
Enterprise Mobility Management Market Highlights
The global Enterprise Mobility Management Market is accounted to register a CAGR of 24.50% during the forecast period and is estimated to reach USD 97.01 billion by 2032.
The global demand for enterprise mobility management (EMM) products is on the rise, driven by a substantial increase in the number of mobile devices. The shifting focus of various end-user companies towards safeguarding their digital infrastructure is a key factor fueling the growth of the market.
Segment Analysis
The global Enterprise Mobility Management Market has been segmented based on the Component, Organization Size, Deployment, and Vertical.
Based on the component, the market is segmented into Solutions and Services. The solutions segment was attributed to holding the largest market share in 2022. Enterprise mobility software enhances the security of employees' mobile devices, safeguarding the company's sensitive data. The software provides several advantages, including controlling content access, easily updating content across multiple devices with a single click, and offering protection against data breaches, contributing to positive market trends. Furthermore, the market is expected to experience growth propelled by advancements in EMM software and the availability of diverse EMM software portfolios.
Based on the organization size, the Enterprise Mobility Management Market has been segmented into Large Enterprises and Small & Medium Enterprises. The large enterprises segment was expected to hold the largest market share in 2022. Large enterprises encounter diverse risks, including hacking and data breaches, as a consequence of the growing reliance on advanced technologies. To mitigate the potential for substantial data and financial losses resulting from cyber-attacks, large enterprises need to enhance the security of their mobile devices.
Based on the deployment, the Enterprise Mobility Management Market has been segmented into Cloud, and On-premises. The cloud segment was expected to hold the largest market share in 2022. Cloud-based solutions utilize the Software-as-a-Service (SaaS) model, enabling users to access enterprise mobility management solutions over the Internet. In this deployment model, enterprise mobility management solutions are delivered through the cloud. The benefits of implementing cloud-based enterprise mobility management solutions include flexibility, scalability, affordability, operational efficiency, and cost-effectiveness.
However, cloud-deployed enterprise mobility management solutions come with certain drawbacks, such as limited control over applications, adherence to strict government regulations, and concerns regarding the privacy of content. The overall adoption of cloud-based enterprise mobility management solutions is expected to increase significantly, and this trend is anticipated to continue during the forecast period, driven by the associated functionalities and core features.
Based on the vertical, the Enterprise Mobility Management Market has been segmented into BFSI, Retail and eCommerce, Healthcare and Life Sciences, IT and Telecom, Manufacturing, Government, Transportation and Logistics, Travel and Hospitality, and Others Verticals. The BFSI segment was expected to hold the largest market share in 2022. The growing popularity of the Bring Your Device (BYOD) trend in the BFSI sector has resulted in the uptake of enterprise mobility management solutions. Numerous companies in the BFSI sector are placing greater emphasis on improving workplace mobility to enhance employee productivity and satisfaction. For example, ABANCA, one of the largest banks in Galicia, Spain, sought a flexible and extensible platform that would empower its IT department to manage COPE devices.
Regional Analysis
The global Enterprise Mobility Management Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The European enterprise Mobility Management Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Enterprise Mobility Management Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Enterprise Mobility Management Market comprises of Middle East, Africa, and Latin America.
The largest market share for the Enterprise Mobility Management Market was maintained by the North American regional sector. North America hosts numerous enterprise mobility management vendors like IBM, Microsoft, ManageEngine, and Citrix, providing solutions and services in this domain. These companies are actively pursuing increased revenues and business expansion, driven by the intense competition within the North American market. Organizations in North America are committed to innovation to stay abreast of the latest technologies. Various sectors in the region, including BFSI, retail, healthcare, and life sciences, are adopting enterprise mobility management solutions due to the manifold benefits they offer. These advantages include the efficient management of day-to-day transactions in BFSI, improved supply chain management processes, and enhanced capabilities of healthcare machines to monitor patient health.
Moreover, the Europe market has been persistently growing over the forecast period. The market is experiencing growth driven by the rising adoption of unified endpoint management software and the increasing demand for mobile device management software. A case in point is the launch of Intercept X for Mobile with enhanced threat protection capabilities by Sophos in January 2020.
The Asia Pacific enterprise mobility management market is anticipated to witness growth due to substantial digitalization and an increased prevalence of mobile devices. Moreover, the growing number of small and medium-sized enterprises (SMEs) and their focus on Bring Your Device (BYOD) policies are contributing to the increased adoption of EMM solutions in the region. Governments in countries like India, South Korea, China, and Australia are actively digitalizing their overall infrastructure, presenting significant opportunities for the EMM market in the region during the forecast period
Furthermore, the rest of the world's Enterprise Mobility Management Market is divided into the Middle East, Africa, and Latin America. The market growth in the region is primarily driven by the heightened focus on corporations the presence of major vendors and the adoption of BYOD initiatives aimed at enhancing worker productivity, enabling employees to work from any location and at any time, as well as the increased access to real-time data and the widespread adoption of cloud-based EMM services among SMEs
Key Findings of the Study
- The global Enterprise Mobility Management Market is expected to reach USD 97.01 billion by 2032, at a CAGR of 24.50% during the forecast period.
- The Asia-Pacific region accounted for the fastest-growing global market due to the increased adoption of cloud-based applications among enterprises and the increasing trend of working from home within the region.
- Based on components, the solutions segment was attributed to holding the largest market in 2022, with an approximate market share of 55–60%.
- IBM (US), Microsoft (US), Cisco (US), BlackBerry (Canada), VMware (US), SAP (Germany), Citrix (US), Matrix42(Germany), MobileIron (US), Nationsky (China), Snow Software (Sweden), Sophos (UK), SOTI (Canada), Codeproof (US), Netplus Mobility (US).
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Base Year | 2020 |
Companies Covered | 15 |
Pages | 128 |
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