Mobile Device Management Market Share

Mobile Device Management Market Overview

The nation's youth is acting as a driving force economically. Collaborating to generate a good boost to the supply chain mechanism is the key market driver enhancing market growth.

Mobile Device Management Market Trends

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  Surge in Data and Mobile Devices in Organizations boosts the market growth

  
  

An increase in data usage and internet penetration among various industries has been a major factor driving the growth of the market CAGR in developing countries. Moreover, various companies are adopting mobile devices for their employees, owing to various benefits such as better communication among enterprises, the ability to work from anywhere, reduced operational costs, time-saving, and increased productivity of employees.

In addition, organizations are increasing the adoption of mobile devices to boost the performance of employees and deliver better customer service. Furthermore, mobile devices enable various services in various organizations, including healthcare, transportation, and media, thereby increasing the industry's data. This is attributed to increased demand for mobile device management, which, in turn, drives mobile device management market revenue. Also, many industries have regulatory requirements that dictate how data should be handled and secured.

MDM solutions can help organizations meet these requirements and ensure compliance, further driving their demand. As the amount of sensitive data accessed and stored on mobile devices continues to grow, the need for effective MDM solutions that can provide robust security and compliance features is expected to continue to increase in the coming years. In addition, the Bring Your Device (BYOD) trend is driving the industry's growth.

Mobile Device Management Market Segment Insights

Mobile Device Management Vertical Insights

Based on Vertical, the Mobile Device Management Market segmentation includes BFSI, Telecommunications, and Healthcare. The Telecommunications segment dominated the market; Telecom companies are among the primary users of MDM solutions, given the significant number of mobile devices they use to manage their operations. MDM solutions offer a range of benefits to IT and telecom companies, including improved security, increased productivity, and cost savings. MDM solutions manage many mobile devices from a centralized platform, including smartphones, tablets, and laptops. IT administrators can provision and configure devices remotely, monitor device usage, and troubleshoot real-time issues.

On the other hand, the Healthcare segment is anticipated to register the fastest growth rate during the forecast period. Owing to high-value data and content that need security-related treatment.The healthcare industry frequently requires higher security than other enterprises for protecting information & sensitive documents.

May 2022 ArborXR announces strategic collaboration with Qualcomm to help companies scale VR and AR device deployments. This partnership will result in tremendous benefits for customers and partners to manage large-scale deployments with a kiosk mode and a customizable launcher.

July 2022 Acquisition and integration of Miradore into the GoTo Resolve product provide simple, secure, and flexible end-to-end support and management of all devices for small and midsize businesses. The innovations also allow IT teams to leverage automation and improve management and security for any application delivered to any device or cloud.

Mobile Device Management Deployment Insights

Based on Deployment, the Mobile Device Management Market segmentation includes cloud, on-premise. The cloud segment accounted for the largest revenue share of more than 56.45% in 2022. Cloud-based mobile device management solutions refer to solutions that are hosted and managed on the cloud. Rather than installing and running MDM software on-premise, organizations can access MDM functionality over the internet via a web-based interface. Cloud-based MDM solutions offer a convenient and cost-effective way for organizations to manage and secure their mobile devices, applications, and data.

By leveraging the scalability, accessibility, and security features of cloud-based solutions, organizations can improve productivity, reduce costs, and enhance their overall mobile device management capabilities. The on-premise segment is anticipated to advance at a steady CAGR during the forecast period. On-premise MDM solutions provide organizations with complete control over their mobile device management infrastructure, allowing them to tailor the solution to their needs and requirements. While they may require more upfront investment and IT resources to implement and maintain, on-premise MDM solutions can offer higher security, compliance, and data privacy than cloud-based solutions.

July 2020 Citrix Systems Inc. and Microsoft Corporation partnered to deliver cloud solutions for a secure digital workspace. This development helps reduce IT costs with seamless windows migration and speed up digital workspaces and virtual desktop.

Mobile Device Management Regional Insights

By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American mobile device managementmarket will dominate, owing to the increasing adoption of mobile devices, the rise in the bring your device (BYOD) trend, and the need for data securitywill boost the market growth in this Region.

Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Europe's mobile device management market accounts for the second-largest market share due to thecollaboration to boost the supply chain mechanism. Further, the German mobile device management market held the largest market share, and the UK mobile device management market was the fastest-growing market in the European Region.

The Asia-Pacific mobile device management market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to a rapid increase in the adoption of mobile devices, including smartphones and tablets, which has resulted in the need for MDM solutions to manage and secure these devices.Moreover, China’s mobile device management market held the largest market share, and the Indian mobile device management market was the fastest-growing market in the Asia-Pacific region.

Mobile Device Management Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development to expand their product lines, which will help the mobile device management market grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The mobile device management industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturer’s uses in the global mobile device management industry to benefit clients and increase the market sector. In recent years, the mobile device management industry has offered some of the most significant advantages to the telecommunication industry. Major players in the mobile device management market, including Microsoft (US), BlackBerry (Canada), VMware (US), IBM (US), MobileIron (US), SAP (Germany), SOTI (Canada), Citrix Systems (US), AirWatch (US), Sophos (UK) and others, are attempting to increase market demand by investing in research and development operations.

Citrix Systems, Inc. is an American multinational cloud computing and virtualization technology company that provides server, application, and desktop virtualization, networking, software as a service, and cloud computing technologies. Citrix Systems Inc. and Microsoft Corporation partnered to deliver cloud solutions for a secure digital workspace. This development helps reduce IT costs with seamless windows migration and speed up digital workspaces and virtual desktop.

ArborXR is an enterprise-grade XR device management, content management, and content distribution solution for enterprise companies and XR solutions providers looking to scale.ArborXR announces strategic collaboration with Qualcomm to help companies scale VR and AR device deployments. This partnership will result in tremendous benefits for customers and partners to manage large-scale deployments with a kiosk mode and a customizable launcher.

Key Companies in the mobile device management market include

• Microsoft (US)


• BlackBerry (Canada)


• VMware (US) IBM (US)


• MobileIron (US)


• SAP (Germany)


• SOTI (Canada)


• Citrix Systems (US)


• AirWatch (US)


• Sophos (UK)

Mobile Device Management Industry Developments

March 2022GoTo offers the only Contact Center solution, purpose-built for SMBs, that enables growing businesses to engage with their customers through multiple channels seamlessly. It is designed to help boost sales, improve customer experiences, and support employees through various channels.

March 2022 MetTel and VMware to Deliver Cloud-Based Security, Networking, and Compute Services at the Edge will offer customers a managed secure access service edge (SASE) solution powered by VMware SASE. The answer will enable IT organizations to deliver cloud-based security, networking, and advantage computing services to applications running at the border with security, speed, simplicity, and savings in mind.

April 2022 Apple has launched a suite of managed cloud services and onsite support capabilities branded as Apple Business Essentials, including security, prioritized support, data storage, and backup capabilities to help small businesses simplify device management, storage, support, and repairs.

Mobile Device Management Market Segmentation

Mobile Device Management Vertical Outlook

• BFSI


• Telecommunications


• Healthcare

Mobile Device Management Deployment Outlook

• Cloud


• On-Premise

Mobile Device Management Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America
  
  
  
  

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