USD 3.97 billion
Global Mobile Device Management Market Size, Share, Growth Analysis, By Component(Solution, Services), By Operating System(iOS, Android), By Deployment Mode(On-Premises, Cloud), By Organisation Size(Small, Medium Enterprises), By Vertical(Banking, Financial Services) - Industry Forecast 2024-2031
Report ID:
SQSG45F2034 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
155 |
Figures:
78
Global Mobile Device Management Market Insights
Mobile Device Management Market size was valued at USD 3.97 billion in 2019 and is poised to grow from USD 4.75 billion in 2023 to USD 21.3 billion by 2031, growing at a CAGR of 23.9% 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.
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 (%)
Country Share for Aisa Pacific Region (%)
Global Mobile Device Management Market By Component ($ Bn)
Global Mobile Device Management Market By Component (%)
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Global 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, services. Based on operating system, the Mobile Device Management market is segmented into iOS, Android, Windows, MacOS, Others.
Based on deployment mode, the market is segmented into on-premises, cloud. Based on organisation size, the market is segmented into small and medium enterprises, large enterprises.
Based on vertical, the mobile device management market is segmented into banking, financial services and insurance, telecom, retail, healthcare, education, transport and logistics, government and public sector, manufacturing and automotive, Others. Based on region, the global market is categorized into North America, Europe, Asia-Pacific, and MEA.
Mobile Device Management Market Analysis by component
In 2022, 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.
Global Mobile Device Management Market By Component, 2023 (%)
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Global Mobile Device Management Market Regional Insights
The North American market is estimated to account for around 44.3% 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.
Asia Pacific is predicted to grow substantially during the projection period. The 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, 2024-2031
- Largest
- Fastest
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Global Mobile Device Management Market Dynamics
Mobile Device Management Market Opportunity
Cloud-based technology adoption is increasing the use of MDM solutions
- The cloud approach aids 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 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).
Mobile Device Management Market Challenge
Lack of customization to create market challenges
- 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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Global 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 March 2022, Scalefusion, a mobile device management system supplier, has collaborated with Bounce Back Technologies, a technological solution provider in the UAE. The collaboration aims to provide best-in-class device management and automation capabilities to UAE enterprises.
- In November 2021, PMC, a firm based in the United Kingdom, unveiled the latest mobile device management support and security services to help retailers and B2C enterprises handle the complexity that comes with the rise of mobile devices.
Global Mobile Device Management Key Market Trends
- Increase in BYOD Approach: 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.
- Adoption of Cloud Technologies: With the rise in use of BYOD approach adopted by organizations, cloud technologies are deployed at larger scale to address bandwidth issues and offer scalability to resources in real-time. Therefore, the adoption of cloud technologies is helping various organizations to address larger data demands.
Global 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. According to the GSMA's mobile economy 2021 research, about 5.2 billion people used mobile services in 2020, with smartphones accounting for 65% of all connections. This figure is predicted to increase to almost 5.8 billion by 2025, with smartphones accounting for 80% of all connections.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 3.97 billion |
| Market size value in 2031 | USD 21.3 billion |
| Growth Rate | 23.9% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| 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:-
|
| Historical Year | 2019 |
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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 Global 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 Global 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 Global 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 Global 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 Global 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 Global 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.
Global Mobile Device Management Market Report Snapshots
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