USD 3.97 billion
Mobile Device Management Market Size, Share, Growth Analysis, By Component(Solution, Services), By Operating System(iOS, Android, Windows, MacOS), By Deployment Mode(On-Premises, Cloud), By Organisation Size(Small, Medium Enterprises, Large Enterprises), By Vertical(Banking, Financial Services, Insurance, Telecom), By Region - Industry Forecast 2024-2031
Report ID:
SQSG45F2034 |
Region:
Global |
Published Date: June, 2024
Pages:
165
|Tables:
155
|Figures:
78
Mobile Device Management Market Insights
Global Mobile Device Management Market size was valued at USD 4.8 billion in 2022 and is poised to grow from USD 5.94 billion in 2023 to USD 32.79 billion by 2031, growing at a CAGR of 23.80% in the forecast period (2024-2031).
Mobile device management entails remotely managing devices that enable users to accomplish specific tasks on tablets and phones. It has a number of capabilities, including enrolment, device provisioning, location tracking, and device security. It also assists employees in deleting data if the mobile device is lost or stolen. Furthermore, the MDM tool can maintain inventories, enforce security standards, and perform real-time reporting and monitoring. Enterprise mobile devices access critical business data, they can threaten security if hacked, stolen or lost. So, the importance of managing mobile devices has evolved such that IT and security leaders are now tasked to provision, manage and secure mobile devices within their respective corporate environments. With a mature MDM platform, IT and Security departments can manage all of a company’s devices, no matter their type or operating system. An effective MDM platform helps keep all devices secure while keeping the workforce flexible and productive.
The primary reasons impacting the growth of the mobile device management market are an increase in security to secure the quantity of business data and an increase in enterprise acceptance of bring your own device (BYOD). Furthermore, the increased compliance among organizations to protect data and the rise in severe government regulations for mobile device management boost market growth.
US Mobile Device Management Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Solution
Fastest Growth
Solution
Growth Rate
23.9% CAGR
Global Mobile Device Management Market ($ Bn)
Country Share for North America Region (%)
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Mobile Device Management Market Segmental Analysis
The global mobile device management market is segmented based on component, operating system, deployment mode, organisation size, vertical, and region. Based on component, the market is segmented into Solution (Device management, Application Management, Security Management, Others), and Services (Professional services {Consulting Services, Implementation Services, Support Services}, Managed services). Based on operating system, the market is segmented into iOS, android, windows, macOS, and others. Based on deployment mode, the market is segmented into on-premises, and cloud. Based on organisation size, the market is segmented into small and medium enterprises, and large enterprises. Based on vertical, the market is segmented into Banking, Financial Services and Insurance, Telecom, Retail, Healthcare, Education, Transport and Logistics, Government and Public Sector, Manufacturing and Automotive, and Others. Based on region, the market is segmented into on-premises, cloud North America, Europe, Asia-Pacific, and MEA.
Analysis by Deployment Mode
The cloud-based segment is the largest segment in the global mobile devices management market by deployment mode and holds a share of around 55.2%. Companies can access the MDM function on the Internet with the help of a web-based interface without running and installing the software on premise. Due to this, the organizations can easily manage and safeguard their mobile devices, applications, and data by providing an easy and cost-effective way. Therefore, the companies can increase their mobile device management capabilities, reduce cost, and improve productivity with the help of security and other features of cloud-based solutions.
On the other hand, the on-premises segment is the fastest growing segment in the global mobile devices market by deployment mode and is projected to grow at a steady CAGR during the forecasted period. These help in providing organizations with complete control over their mobile device management infrastructure and can customize the solutions according to the specific needs and requirements of their consumers. These require more investments and resources for the implementation and maintenance. The segment can provide higher security, compliance and data privacy as compared to the cloud-based devices.
Analysis by component
In 2023, the services segment dominated the market and is anticipated to maintain its dominance throughout the forecast period. Services are critical in managing mobile devices in an enterprise context. The bulk of MDM suppliers provide support services to organizations in order to increase business revenue. They primarily provide two types of services: professional services and managed services. Consulting services, implementation services, and support services are the three forms of professional services. The services market accounts for a sizable portion of the total mobile device management market and is predicted to develop rapidly.
On the other hand, the solution segment is the largest fastest growing segment in the global mobile device management market. This provides solutions which are important for organizations for maintaining, managing and securing their mobile devices in their operating systems. The rise in the adoption of BYOD (bring your own device) policies and the increasing number of mobile devices in the workspace is further driving the demand for strong device management solutions. Many companies are continuously prioritizing data security and smoothening their device management processes which is contributing towards the market growth.
Global Mobile Device Management Market By Deployment Mode
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Mobile Device Management Market Regional Insights
The North American market is estimated to account for around 42.3% of the total global mobile device management market share. The region's expansion can be ascribed to multinational corporations actively upgrading their mobile IT infrastructure to meet the needs of changing competitive situations and to keep up with the large regional diversity in compliance standards. Despite its maturity, the region will continue to flourish as big organizations increase their implementations and use bespoke application development tools and mobile collaboration software. To expand their worldwide reach, major regional organizations are focusing on providing innovative management software services and expanding collaborations.
On the other hand, the Asia Pacific region is the fastest growing region and is predicted to grow substantially during the projection period. Rising urbanization and increased demand for managing an increasing number of mobile devices are two areas where MDM suppliers may find opportunity. Economies such as India and China are likely to drive MDM demand in this region, resulting in APAC mobile device management market growth.
Global Mobile Device Management Market By Region
- Largest
- Fastest
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Mobile Device Management Market Dynamics
Mobile Device Management Market Opportunity
Cloud-based technology adoption is increasing the use of MDM solutions
- The cloud approach will aid in minimizing security risks associated with smart devices. IT managers may now more easily monitor and restrict data movement on such devices. By managing personal and professional data on such devices, the adoption of cloud-based enterprise mobility systems that support BYOD reduces the risk element. The use of the cloud and BYOD cuts the company's IT infrastructure and maintenance costs indirectly. To meet their business demands, enterprises are increasingly turning to cloud services such as Platform as a Service (PaaS), IaaS (Infrastructure as a Service), SaaS (Software as a Service), and BaaS (Backend as a Service).
Challenge
Lack of customization
- MDM solution vendors are unable to tailor the solution to meet specific corporate requirements. Enterprises frequently complain about the MDM solution's failure to address flexibility and agility with multi-user connections. Every company has various security requirements for mobile devices that connect to the corporate network. Vendors confront a number of hurdles when integrating MDM into an organization's existing security, management, and workflow controls. The correct MDM solution, on the other hand, can improve both security and efficiency by allowing an IT administrator to operate and monitor systems from a single point of access.
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Mobile Device Management Market Competitive Landscape
The mobile device management market is highly competitive, with the presence of several well established and domestic players. Market leaders like Soti Inc. are concentrating on expanding their product offerings. Soti, Inc., a global market leader, focuses on developing and providing MDM-related products and services worldwide. The firm offers a wide range of professional, enterprise content management, application, and location services.
Mobile Device Management Market Top Players Company Profiles
- Microsoft Corporation
- IBM Corporation
- VMware, Inc.
- Citrix Systems, Inc.
- BlackBerry Limited
- SAP SE
- MobileIron, Inc.
- Sophos Ltd.
- Cisco Systems, Inc.
- Ivanti, Inc.
- Jamf
- SOTI Inc.
- ManageEngine (Zoho Corporation)
- Quest Software Inc.
- 42Gears Mobility Systems Pvt Ltd.
- Mitsogo Inc.
- Scalefusion (Promobi Technologies)
- Hexnode Technologies Pvt Ltd.
- Miradore
- FileWave
Mobile Device Management Market Recent Development
- In May 2024, SK hynix Inc. unveiled Zoned UFS, also known as ZUFS 4.0, a cutting-edge mobile NAND solution designed specifically for on-device AI applications. Zoned Universal Flash Storage (ZUFS) represents a significant advancement in NAND Flash technology, aimed at enhancing the efficiency of data management. This innovative product streamlines data transfer between operating systems and storage devices by organizing data with similar attributes into designated zones within the UFS. This optimization caters to the diverse needs of electronic devices like digital cameras and smartphones, marking a notable step forward in flash memory technology.
- In April 2024, GoTo, a company specializing in simplifying IT management, support, and business communications, unveiled the launch of Miradore Premium+. This new subscription tier expands the Miradore suite, a mobile device management (MDM) product acquired by GoTo in 2022. Tailored for growing businesses, Premium+ addresses the needs of efficiently managing and securing a diverse array of mobile devices, tablets, and laptops across various platforms such as iOS, Android, Mac, and Windows, while minimizing complexity. Noteworthy features of Premium+ include seamless integration with Microsoft Entra ID for automating device assignments, as well as a native integration with GoTo Resolve. These integrations streamline processes, saving both time and resources by eliminating the necessity for a separate remote support solution.
- In January 2024, IBM Security MaaS360, recognized as a leader in unified endpoint management (UEM), announced a strategic partnership with Zimperium, a global authority in mobile device and app security. This collaboration aims to provide organizations with a holistic solution for managing and safeguarding their mobile ecosystem. Commencing on January 30th, IBM Security will offer Zimperium's Mobile Threat Defense (Zimperium MTD) product alongside its own MaaS360 editions, empowering organizations to fortify their mobile security posture effectively.
Mobile Device Management Key Market Trends
- The movement in organizational focus from traditional work to the Bring Your Own Device (BYOD) model: One of the emerging trends is the movement in organizational focus from traditional work to the Bring Your Own Device (BYOD) model. Companies are finding it more difficult to protect a corporate network as the number of people working from home grows. As a result, many businesses are implementing "bring your own device" policies. Large corporations across a variety of industries, including government, healthcare, retail, and others, are embracing BYOD in a variety of business applications. This strategy is used by associations to boost production efficiency while lowering hardware maintenance and equipment purchasing costs. Players concentrate on innovative product launches in order to expand their global geographic presence. For instance, in future years, iOS, Android, and macOS are expected to make up around two-thirds of operating systems worldwide. This, as a result, will boost the demand for enhanced device management capabilities offering an integrated IT management experience. With the proliferation of digitization and automation across industries, the use of smart connected devices is growing continually in organizations of all sizes.
Mobile Device Management Market SkyQuest Analysis
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 global mobile device management market analysis, rising organizational adoption of mobility culture is likely to aid market growth. One of the fundamental driving elements behind this culture is personal equipment, which has more advanced capabilities than company-owned devices and allows work to be done at any time and from any location. Tablets and smartphones have become many people's preferred office technologies. While mobility is becoming more common in academic and corporate settings, it also needs more strong data and content security to prevent the exploitation of mission-critical data. As a result, businesses must implement mobile security methods such as mobile device management. IT professionals can now manage Chromebooks, smartphones, tablets, and kiosks through a single interface. Based on our analysis, around 5.2 billion people used mobile services in 2023, with smartphones accounting for over 65% of all connections. This figure is predicted to increase to around 5.8 billion by 2025, with smartphones accounting for over 80% of all connections.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 4.8 billion |
| Market size value in 2031 | USD 32.79 billion |
| Growth Rate | 23.80% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| 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) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Mobile Device Management Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Mobile Device Management Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Mobile Device 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 Mobile Device 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.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Mobile Device Management Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Mobile Device Management Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Mobile Device Management Market Report Snapshots
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