Mobile Device Management Market was valued at US$ 3.86 Bn. in 2021. The Global Mobile Device Management Market size is estimated to grow at a CAGR of 24.2 % over the forecast period.
Mobile Device Management Market Overview:
Maximize Market Research published reports help you understand the landscape of Mobile Device Management market that you are competing in.The report focuses on containing concise information on trend assessment. It reviews all segments, groups, geographical, and country research was shared. The report completely estimates the market size, percentage share, product cost of the industry. This report states the growth aspects of various industry sectors and predicts the growth rate forecast for the forecast year from 2021 to 2029.
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Market Scope:
The report includes information on value & volume-based information across various segments comprising product types and applications. The report contains a detailed estimation of the latest trends in continuation with multiple challenges. A detailed global Mobile Device Management market overview of market valuation, profits estimates, and market statistics is integral to the report. The global market report aims to help readers understand the competitive spectrum of the market. It incorporates key market sections, the extent of items offered in the years considered, and study goals. Moreover, it contacts the country study given in the report based on the type of product and applications.
Segmention:
The market is divided into the two categories of software and services based on component. In 2021, software accounted for 59% of the market. The need for MDM software is growing, and popular options include mobile content management, enterprise mobility management, and mobile application management. Major competitors in the market are developing and adopting new MDM solutions to continue the segment's growth.
Services are anticipated to expand at a CAGR of 7.1% during the course of the forecast. Throughout the lifecycle of MDM systems, MDM services guarantee that data is implemented, updated, and accessible. These services assist in reducing the risk of losing and damaging crucial company data and information by lowering security threats.
End-User Basis The various market segments include BFSI, IT & telecoms, government, healthcare, retail, and others (transportation, education, and others.) The government sector is expected to hold the largest market share in 2021, with a share of 53%, due to the high value data and content that necessitates security-related software and services. The protection of technology and sensitive data is essential because governments frequently have stronger security standards than major enterprises. MDM uses automation solutions to support public-sector organisations' adherence to regulations and increase operational effectiveness.
In 2021, the market share that North America accounted for was 42.3%. The success of the region is attributed to multinational corporations operating in North America, Asia Pacific, Europe, the Middle East and Africa, and Latin America that are actively updating their mobile IT infrastructure to meet the demands of shifting competitive conditions and keep up with the significant regional diversity in compliance standards. The region would continue to grow despite its maturity as large firms increased their installations, used custom application development tools, and utilised mobile collaboration software.Asia Pacific is anticipated to increase at the fastest rate during the timeframe of the prediction. The region is projected to provide the most alluring opportunities due to growing urbanisation and a surge in demand for managing an increasing number of mobile devices.
Key players:
• Microsoft Corporation
• Blackberry
• Citrix Systems
• VMware
• IBM
• SAP
• Sophos
• Soti Optial
• MOBILEIRON INC.
• Ventraq Corporation
• Broadcom
• Mitsogo Inc.
• 42Gears Mobility Systems Pvt Ltd.
• FiberLink Communications
• ZOHO Corporation
• Absolute Software Inc.
• Apple Inc.
• NortonLifeLock Inc.
• Cisco Systems Inc.
• Ivanti
• Matrix42AG
The research report updates the user on the current market size of the Mobile Device Management market and their growth rates, based on records and financial information with a company profile of key players.
Regional analysis:
The Mobile Device Management Industry Research examines the market's key geographies, as well as notable segments and sub-segments. This Mobile Device Management market study includes figures, geographies, and revenue, as well as an in-depth look at the business chain structure, opportunities, and industry news.
We use different methodologies such as PESTAL and PORTAL analyses to help you better understand the Mobile Device Management market in a certain region. Our study also includes key players of the market from various regions, as well as information on their business strategies and statistics
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Mar 07, 2023
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