"Increasing adoption of the internet services and smartphone is driving the Mobile Device Management (MDM) market"

Globally, the mobile device management (MDM) market is expected to grow with a CAGR of over 23% during the forecast period from 2019 to 2027, starting from US$ 9.60 Bn in 2018. The growth of the market is attributed to the increasing adoption of smartphone along with the internet services is augmenting the demand for the mobile device management market. The smartphone technology had evolved significantly over the years and the adoption of the smartphone is increasing very rapidly across the globe. Currently, it is estimated that more than 2.5 billion use smartphone across the globe, and the number is further estimated to grow further in the future. This growth is credited to the availability of the low cost smartphones and the rising disposable income of the population. Moreover, the increasing adoption of the internet services is also augmenting the growth of the MDM market. Additionally, the increasing adoption of the BYOD policies and enterprise mobility along with the rising demand among the enterprises to protect their data is also acting as a major force driving the market.   

"Cloud deployment market is estimated to grow significantly during the forecast period"

The cloud deployment market is projected to grow significantly during the forecast period due to numerous benefits offered by the cloud computing technology over the on-premise model. The organizations are shifting towards the cloud deployment model to gain more flexibility, scalability and the cost effective nature of the technology. Moreover, the cloud model also offers “pay as you use” model that present huge opportunity for the growth of the market. On the other hand, the on-premise model captures lion’s share in the MDM market due to the enhanced reliability and security offered by the model.

"North America is leading the Mobile Device Management (MDM) market"

North America is dominating the regional landscape with more than 35% share in the global mobile device management market. The growth of the market is driven by the increasing adoption of the enterprise mobility and BYOD policies among the enterprises. The increasing incidences of the cyber-attacks across the region have further fostered the adoption of the MDM market. Moreover, the increasing internet penetrations along with the large number of the smartphone users in the region are backing the growth of the market. Additionally, the digitalization among the organizations in the regions also accelerates the demand for the mobile device management solutions.

The key vendors in the mobile device management market are Cisco Corporation, 42Gears Mobility Systems, Blackberry, Citrix Systems, Good Technology, Fiberlink Communication, Hexnode MDM, ManageEngine, IBM Corporation, Microsoft Corporation, SAP SE, Mobileiron, Sophos, VMware, and SOTI.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Mobile Device Management (MDM) market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Mobile Device Management (MDM) market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Mobile Device Management (MDM) market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Mobile Device Management (MDM) market?
• Which is the largest regional market for Mobile Device Management (MDM) market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Mobile Device Management (MDM) market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Mobile Device Management (MDM) market worldwide?