Mobile Device Management Market is Expected to Witness Remarkable Growth by 2025 | Hexa Research

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Research Report on Mobile Device Management Market Size, Share, Growth, Trends, Application Analysis, Competitive Market Strategies and Forecasts, 2015 to 2025

26 February 2019, The global mobile device management market is anticipated to witness significant growth in coming years on account of growing adoption of MDM solutions among organizations. Mobile device management (MDM) is a system that provides centralized management of various mobile devices, such as smartphones, sub-notebooks, tablets, and personal digital assistant using software or hardware. It deals with securing emails and corporate documents, corporate data segregation, and integrating and managing mobile devices, such as laptops and other handheld machines.

Organizations are allowing employees to use smart phones and other gadgets while working, which has, resulted in a rise in threats of hacking and data security. Growing need for implementing these solutions in order to prevent data loss and other threats is estimated to have a positive impact on the market. In addition, widespread use of multiple apps in companies to boost productivity is likely to increase need for developing regulations pertaining to their usage. MDM security can provide centralized control for consumers to install applications on their machines, which can, in turn, increase adoption of these solutions among organizations. Moreover, rising demand for data security and growing need for preventing loss of data in banks and other financial institutions can boost demand for the solutions in coming years.

However, high deployment costs and reluctance among employees to use MDM solutions on their personal devices are likely to hamper the market growth.

Introduction of technologically advanced products is likely to create lucrative opportunities in the market. For instance, Ivanti launched Avalanche 6.2, a mobile device management solution for the Android supply chain, powered by Wavelink. It can manage Android devices, applications, and frameworks in order to meet growing demands of supply chain enterprises.

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The market can be segregated on the basis of solution, deployment type, application, and business size. Content, application, device, service, and security managements are varied types of solutions available in the market. Deployment types associated with the market include premise and cloud. The market comprises business sizes ranging from small and medium enterprises to large enterprises. Leading applications in the market include education, healthcare, BFSI, construction, retail, and transportation.

North America is a leading region in the market on account of growing need for MDM solutions among organizations to protect important data. Moreover, increasing number of cyber-attacks, web and network threats, and piracy and data breaches are likely to increase implementation of data security solutions. Countries, such as Canada and United States are contributing significantly to the regional growth owing to presence of major market players. Manufacturers are expected to launch novel solutions for organizations offering advanced features. For instance, Fleetsmith, launched a fleet management software platform for Apple macOS, iOS and tvOS devices. The aim is to provide support for Apple’s Device Enrollment Program (DEP), which can be combined with the company’s catalog and automatic macOS account creation powered by G Suite.

Asia Pacific is anticipated to emerge highly lucrative in the market owing to growing adoption of mobility solutions in organizations in order to meet demand for economic growth and dynamic mobile workforce. Increasing usage of cloud based solutions among small medium enterprises is estimated to spur the regional market growth. In addition, widespread usage of mobile phones for personal and professional use is anticipated to propel demand for the solutions in the region.

Europe is a prominent region in the market owing to growing awareness regarding importance of data security and rising demand for MDM solutions. Countries including Spain, Germany, and United Kingdom are the key contributors to the market growth. In addition, growing implementation of mobility solutions in organizations to enhance work efficiency and reduce hardware cost are likely to stimulate the regional market growth.

Some of the leading companies operating in the mobile device management market are Blackberry, Microsoft Corporation, IBM, VMware, and Citrix Systems.

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