Global Mobile Device Management Market was valued at USD 3.27 billion in 2019 which is expected to reach USD 20.97 billion by 2027 at a CAGR 27.22%.
The Mobile Device Management Market report, at first, has given a brief understanding of the industry through basic overview. This overview includes the market definition, key applications of the product, and the recent manufacturing technology employed for such production. The global Mobile Device Management market has been analysed in detail to gain an understanding of the competitive landscape, key regional status, and recent trends noted in the relevant industry.
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Smartphones and several other mobile devices have become a part of daily life. These devices are vulnerable to threats regarding security. Mobile device management is a type of software employed by IT departments to secure, monitor, and store information about mobile devices. Many organizations make use of third party mobile device management software for managing its mobile devices.
However, the Mobile Device Management Market is quite fragmented and it is a tough competition which is going on, owing the presence of various established names vying for the top position. The target market is also witnessing an ingress of new entrants who are posing challenges to established names with tactical moves like product innovation & new product portfolios. Major companies are countering these challenges by having their own collaboration, merger, acquisition, and other strategies. The Mobile Device Management Market report is also keeping an eye on the geographies to understand demographical features.
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Increase in adoption of cloud based deployment by the small and medium size enterprises is the key driving factor which is expected to boost the global device management market growth. Cloud based solutions empower the information technology team with functionality such as to enroll, manage, protect, and lock devices from a remote location. Modern mobile devices use various operating systems which demands regular firmware updates of their platforms for smooth functioning of the devices. Furthermore, the integration of mobile device management capabilities into the UEM suite will positively contribute the market growth. Moreover, increase in productivity of both enterprises and employees will propel the Global Mobile Device Management Market growth during this analysis period.
However, high initial investment during the deployment in the infrastructure is major challenging factor which is expected to hamper the global device management market growth. Also, compliance with stringent rules and regulations will affect the market growth over the forecast period.
Market Key Players
Various key players are discussed in this report such as
- CITRIX SYSTEMS,
- SAP, and
- Application Management
- Device Management
- Security Management
By Deployment Type
By End User
- Telecom & Information
- North America
- Latin America
- Asia Pacific
- Middle East & Africa