Mobile Device Management Market – Overview

The ubiquity of mobile devices has formed a lucrative outlook for the growth of the mobile device management market. Reports that explore the information and communication technology industry have been presented by Market Research Future, which produces reports on industry verticals that appraise the market expansion and prospects. The market is on the threshold of extensive development in the forecast period.

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The surge in IT countermeasures is motivated by the increased budgetary allotment in various companies. Thus, mobile device management has become imperative as mobiles have become increasingly vulnerable to attacks. The presence of cutting-edge technologies and the increased utilization of corporate-owned devices is expected to add increased traction to the development of the mobile device management market through the forecast period.

Key Players

The outstanding companies in the mobile device management software are Microsoft (US), Citrix Systems (US), VMware (US) IBM (US), SAP (Germany), MobileIron (US), BlackBerry (Canada), SOTI (Canada), AirWatch (US) and Sophos (UK), 2Gears Mobility Systems (India), Mitsogo (US), ManageEngine (US) and Good Technology (US).

Segmental Analysis

The segmental evaluation of the mobile device management market is conducted on the basis of deployment, vertical, type and organization size. On the basis of deployment, the mobile device management market is segmented into on-premise and on cloud. On the basis of vertical, the mobile device management market is segmented into government and public sector, BFSI, media and entertainment, retail, healthcare, telecommunication, software and technology, transportation and logistics, education, manufacturing, and others. Based on the type, the mobile device management market is segmented into solutions and service. On the basis of organization size, the mobile device management market is segmented large enterprise and into small and medium-sized enterprise.

Detailed Regional Analysis

The regional examination of the mobile device management comprises of North America, Europe, Asia Pacific, and others. The North American region is projected to control the market by retaining a market size during the forecast. The European region is next in terms of market share due to the speedy implementation of mobile device management solutions within several organizations to maintain their device data. Along with these regions, the Asia Pacific is also anticipated to observe a vigorous growth during the forecast period due to the prevalence of a high number of mobile and smartphone customers in this region. Also, businesses in the Asia Pacific are anticipated to implement enterprise mobility and mobile device management solutions. The growing youth segment, as well as economic development, in countries like India and China, is inducing the demand for consumer electronics and leading to the application of mobile device management solutions for protection of the devices. Additionally, the incidence of local smartphone manufacturers in this region has introduced the usage of smartphones and devices, promptly affecting the need for mobile device management.

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Competitive Analysis

The benefits to the economy from the development of the market are high. The current economic climate is promoting stable development in the market by favorable availability of resources. The increase in sponsors in the market plays an essential role in the progress of the market. The reduction in the barriers to trade is anticipated to embody cutting-edge areas for expansion in the approaching years. The market is well-armed to find the way throughout the unstable tides, unforeseen turmoil, and unexplored waters in the international economy. The profit generation streams in the market are optimized to yield maximum benefits in the coming years. The alternatives present for growth in the market are lucrative to long term growth of the market. The opportunity costs in the market are not elevated and are beneficial to progress in the market. The augmentation of the resources important to endure competition has enhanced broadly directed to a top development rate of the market. The market has accomplished a superior stride in the past couple of years, which is underscored by the events with regards to valuation.

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