ID: MRFR/ICT/0739-HCR | February 2021 | Region: Global | 110 pages
The mobile device management system is like a security software that is used by the IT departments belonging to different organizations. This is software for security management is lending its support and help for monitoring and managing the systems. Also, there is a high degree of safety promised with the use of electronics like desktops, laptops, as well as, smartphones. This is a two and pro process in which both the employees, along with the enterprises play a major role in the expansion of the mobile device management market size.
The forecast for the mobile device management market is 2030, and major growth is expected by then. Many governments of the big market players are opening their doors for ownership related to smart devices. Also, they are supporting mergers for tremendous acquisitions for product developments with respect to features in the upcoming time. Also, the market has great growth potential. The global mobile device market is growing at an expectation of 24.8% by the end of the forecast period of 2030.
Mobile Device Management Market COVID 19 Analysis:
The COVID 19 pandemic has adversely affected the production levels of many industries. The lockdown forced the people to look for alternate sources of entertainment instead of killing time. Taking into consideration the enormous levels of the spread of coronavirus, many people have been taking up the idea of working remotely. This is well enabling the employees to work outside the corporate infrastructure, in their comfort zone.
There are many companies that have already adopted the BYOD program thus allowing the customers to make use of their personal devices like mobile phones in order to ensure a smooth flow and running of the business. The businesses are making the best use of tools for ensuring productivity and the employees can access them, too. Many companies are striving for the deployment of MDM solutions in their firms. Hence, the mobile device management market size is growing during the pandemic and a similar rate is expected in the near future.
Mobile Device Management Market Dynamics:
Mobile devices encourage the storage and transferring of data belonging to both corporate and personal details. The assurance of security of the details of the corporate data is one of the major driving forces. The mobiles are already undergoing mass production and are rendering good levels of satisfaction to the employees. The MDM solutions ensure security even if the phone is stolen or lost. Unauthorized access to your personal data is totally stopped. The IT admins can prevent this act from working from remote locations and can also help in fetching the present location of the device.
The presence of strict rules and regulations as per the mobile device management market analysis should that these are the potential restraints. There are many regulations imposed by the government sector like the ISO 9001 standard, electronic data logging, federal Information Processing Standard, Health Insurance Portability and Accountability Act, and much more form restrictions for data collections. They also don’t allow the recording of the information related to management. However, the General data protection regulations (GDPR) focus on building the customer’s trust in the business, as well as, the services provided.
User and entity behaviour analytics (UEBA) is something that is emerging as a brand new category for the provision of security solutions. This can protect the different organizations from their users being constantly monitored. Also, the endpoints are safe with the presence of automated detection, as well as, response capabilities. Innovative analytics technology like machine learning is emerging for the corporate network. The IT admins are also gaining a single view to have a visibility of different endpoints.
The mobile device management market trends are exposed to the various rules and regulations imposed by the governments. These rules and regulations restrict the process for collecting the data and thus, recording it for the purpose of managing the information. The rules of any country belonging to this market well prioritize the safety and security of their data. And hence, this leads to the imposition of various restrictions while making use of the MBM practices on a global level.
Mobile Device Management Market Segment Overview:
The global mobile device management market shows that the market has been divided on the basis of the type, size of the organization, vertical, as well as, deployment. Further, these segments have sub-parts that are understated.
On the basis of vertical, the mobile device management market has its bifurcations in the name of BFSI, manufacturing, logistics, healthcare, technology, software, transportation, telecommunication, media, the medium of entertainment, and much more. All these sectors are contributing to the growing need for MDM services.
The deployment is either cloud-based or on-premise-based.
The type comes inclusive of the services, as well as the solutions provided by the market to the various sects.
Both the small and medium-sized enterprises, along with the large-sized enterprises form the types of organizations making use of the MDM services.
Mobile Device Management Market Regional Analysis:
There are many regions emerging as the major providers of MDM services. However, in the present scenario, the North American region is a dominant force as it has the largest mobile device management market share, and is likely to continue the same by the end of the forecast period. This region is going to be followed by Europe. It has a widely growing market and many firms are constantly switching to the adoption of MDM services. Also, many organizations are emerging with the view to overcoming the restriction that is tagged with the security of data.
The third nation that is expecting growth in the Asia Pacific. The Asian Pacific nations are expecting huge growth and customer demand with respect to the MDM services and solutions. The youth of the nations is acting as a driving force economically. There is a spike in the need for consumer electronics followed by solutions for safeguarding the devices. All these are collaborating to generating a good boost to the supply chain mechanism. The end result of this is a wide mobile device management market size by the end of the forecast year of 2023. Also, the presence of the local manufacturers of smartphones is having a direct emphasis on a global need for mobile development management.
Mobile Device Management Market Competitive Landscape:
Owing to the major players in terms of regions, there are many companies that are experiencing expansion by providing MDM services and solutions. These companies have a good share for mobile device management market expansion and have good predictability for the future, as well. These are as follows:
There are some other quality service providers like Mitsosgo of the USA, as well as, 42Gears Mobility Systems belonging to the Indian subcontinent. BlackBerry is emerging as the leading player. This is because the MDM services and solutions presented by it in the market are visible and tend to control the devices of the users. This mobility is helping the customers develop a trust factor for their data being completed protected, as per the mobile device management market compliances.
BlackBerry has recently launched the BlackBerry Spark Suits. This basically aims to improve the productivity of the user on an overall basis. It makes use of a combination of the management, as well as, the endpoint security capabilities. This suit is known to be powered by ML, AI, along automation with respect to the prevention of cyber threats. There was a partnership announced between SOTI and TMT First. This was done with respect to a joint initiative called the ‘Lifelines4LovedOnes’. This was an attempt to help people and patients diagnosed with COVID 19 stay connected. Also, in 2020, the Sophos Intercept X for ensuring security applicability was launched. This helps the data to stay protected from unknown mobile threats.
The global mobile device management market report will help in providing a boost to the market leaders, as well as the new entries in the market. Also, there is a mention of the approximate figures, thus, helping the big firms, to judge and make investments accordingly. Also, the stakeholders are likely to develop a better understanding of the competitive landscape, along with insights into different businesses and their plans. Also, the stakeholders will get an idea about the mobile device management market pulse based on the different regions across the globe with the help of the key opportunities, markets, drivers, challenges, and much more.
|Market Size||USD 24.02 Billion|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||by Vertical, Deployment|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Microsoft (US), BlackBerry (Canada), VMware (US) IBM (US), MobileIron (US), SAP (Germany), SOTI (Canada), Citrix Systems (US), AirWatch (US) and Sophos (UK).|
|Key Market Opportunities||The IT admins are also gaining a single view to have a visibility of different endpoints.|
|Key Market Drivers||
Frequently Asked Questions (FAQ) :
Increasing penetration of electronics is anticipated to drive growth of the mobile device management market.
Increasing number of smartphone users in the APAC is expected to catalyze growth of the mobile device management market.
Both SME s and large enterprises are studied in the segmental analysis of the mobile device management market.
By deployment, cloud and on premise are the segments of the mobile device management market.
The prominent players of the mobile device management market are BlackBerry (Canada), VMware (US) Microsoft (US), IBM (US), SAP (Germany), MobileIron (US), Citrix Systems (US), AirWatch (US), SOTI (Canada), and Sophos (UK).