USD 4.64 billion
Report ID: SQMIG45C2034 | Region: Global | Published Date: June, 2023 | Pages: 157 | Tables: 59 | Figures: 77
Global Enterprise Mobility Management Market size was valued at USD 4.64 billion in 2021 and is poised to grow from USD 5.35 billion in 2022 to USD 14.39 billion by 2030, at a CAGR of 15.2% during the forecast period (2023-2030).
The market is now using more mobility solutions due to the expanding use of CRM and ERP systems. An organisation may use ERP, a subcategory of business management software, to gather, store, manage, and understand data from diverse business activities. ERP is typically a suite of connected applications. Mobile management solutions or services are typically incorporated into EMM practices to provide intellectual property protections and a secure environment for data management. Since staff utilise smartphones as point-of-sale (POS) devices to scan barcodes, make payments, and process transactions, end users like shops need EMM. Banks and allies are simultaneously changing their policies to permit BYOD and demand EMM for secure data and regulatory compliance for their financial transactions. The corporate mobility industry, however, is expected to have slow growth due to high implementation costs and lack of awareness in emerging countries.
Global Market Size
USD 4.64 billion
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Global Enterprise Mobility Management Market is segmented on the basis of component, deployment mode, enterprise size, device type and region. By component, the market is segmented into solution and services. By deployment mode, the market is segmented into on-premise and cloud. By enterprise size, the market is segmented into large and small & large enterprise. By device type, the market is segmented into laptop, tablet, smart phone. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Enterprise Mobility Management Market Analysis by Component
With a CAGR of 30.2% expected growth, the solution division is expected to dominate the market. Various solutions are included in enterprise mobility management, such as the ability to manage mobile devices and applications, keep track of potential mobile device problems, and handle different operating system (OS) platforms. Additionally, workplace mobility solutions are in large part in charge of guaranteeing the protection of sensitive data, a concern that many firms have and one that is crucial to the market's growth.
The Fastest growing percentage will be held by the services department. The implementation of business mobility services ensures the efficiency, openness, and control of the software as well as the mobile devices used by employees throughout the process. Managed and professional services for enterprise mobility are available. The surge in demand for cloud-based enterprise mobility services is estimated to open up exciting opportunities for market advancement during the projected time frame.
Enterprise Mobility Management Market Analysis by Deployment Mode
With the biggest market share, the on-premise segment is anticipated to grow at a CAGR of 28.3%. Software installation is possible with the on-premise deployment choice for business mobility. Instead of utilizing numerous cloud services, it enables applications to run on systems that are already present on an organization's premises. Due to its fast data transfer and security, on-premise deployment is preferred by the majority of enterprises, which fuels the market's expansion for enterprise mobility.
The Fastest growing portion will belong to the cloud segment. The application licensing and delivery paradigm used for cloud-based business mobility solutions involves a service provider hosting the application and offering remote access to it as a service. Due to its expanding use for business mobility solutions across different industries and its numerous benefits, including lower operational costs and higher security, the cloud-based deployment paradigm is becoming more and more popular among end users.
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North America will control the largest portion of the market while expanding at a CAGR of 28.5%. North America is expected to lead the growth of the business mobility market due to the existence of a digital economy and rising government support for entrepreneurship and international innovation in this field. In several North American industries, enterprise mobility solutions are available. Businesses in the area are putting in place security measures that reduce data security problems without jeopardizing employee personal data. The North American corporate mobility market is developing as a result of a growth in employee-centric workplace cultures across a number of industries and the presence of several significant market participants.
The Asia Pacific region will grow at a CAGR of 40.1% and have USD2,02,993 million in it. As a result of numerous countries putting long-term digital transformation strategies into action, the Asia-Pacific region will dominate the enterprise mobility market throughout the forecast period. Due to the growing use of smartphones, tablets, and other smart devices by various manufacturing sectors, the corporate mobility industry in China and Japan has experienced significant growth over the past several years. Businesses in Asia-Pacific are adopting enterprise mobility, including those in IT & telecom, banking, financial services, and media & entertainment.
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Enterprise Mobility Management Market Drivers
Increasing adoption of mobile devices in the workforce
Security and data protection
Enterprise Mobility Management Market Restraints
Complex implementation and integration
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Details about each competitor are provided in the business mobility management market competitive landscape. The firm's overview, financials, revenue, market potential, investment in R&D, new market initiatives, regional presence, company strengths, product breadth and depth, and application domination are all contained in the information.
Enterprise Mobility Management Market Top Player’s Company Profiles
Enterprise Mobility Management Market Recent Developments
Bring Your Own Device (BYOD) trend
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analyses, the global enterprise mobility management (EMM) market has been experiencing significant growth and transformation in recent years. EMM refers to the set of technologies, solutions, and strategies employed by organizations to manage and secure mobile devices, applications, and data within their IT infrastructure. Advancements in mobile technology, cloud computing, and the Internet of Things (IoT) have contributed to the growth of the EMM market. These advancements have expanded the scope of EMM solutions, enabling management and security of a wide range of devices, applications, and data. The global EMM market is poised for continued growth as organizations prioritize mobile device management, data security, and compliance. While challenges exist, the increasing mobile workforce, the need for enhanced security, and technological advancements will continue to drive the adoption of EMM solutions across various industries.
|Market size value in 2021||USD 4.64 billion|
|Market size value in 2030||USD 14.39 billion|
|Forecast Unit (Value)||USD Billion|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
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For the Global Enterprise Mobility Management Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Enterprise Mobility Management Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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