Global Mobile Device Management Market

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 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.
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FAQs

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).

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. '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'

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. 

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. 

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.

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