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Mobile Device Management Market Analysis And Trends By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast -2027

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Mobile Device Management Market Analysis And Trends By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast -2027

March 19
19:15 2024
Mobile Device Management Market Analysis And Trends By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast -2027
VMware (US), Microsoft (US), IBM (US), Blackberry (Canada), Citrix (US), Google (US), Cisco (US), Samsung (South Korea), Micro Focus (UK), ZOHO (India), SolarWinds (US), SAP (Germany), Quest Software (US), Ivanti (US), Sophos (US), SOTI (Canada), Jamf (US), Qualys (US), Snow Software (Sweden), Matrix 42 (Germany), Rippling (US), 42Gears (US).
Mobile Device Management Market by Component (Solutions (Device Management, Application Management, Security Management) and Services), Deployment Mode, Organization Size, Operating System, Vertical and Region – Global Forecast to 2027

MarketsandMarkets forecasts the global Mobile Device Management market size is expected to grow USD 6.9 billion in 2022 to USD 22.0 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 26.1% during the forecast period. The increasing adoption of BYOD culture among enterprises will enhance the market growth.

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Services segment is to grow at the highest CAGR during the forecast period

Services are vital for managing mobile devices in a corporate setting. Most MDM suppliers provide support services to businesses in order to increase income. Professional and managed services are the two main categories of services they provide. The three subcategories of professional services include consulting, implementation, and support services.MDM service providers make money by helping businesses select the right MDM solution depending on their needs. By educating the IT staff to properly implement the deployed MDM systems, they also aid in the installation process of MDM solutions. On the other side, managed services assist firms in reducing security risks and safeguarding company data. Overall, effective service delivery increases operational effectiveness, system reliability, and cost savings for businesses.

Security management segment is expected to grow at a higher CAGR during the forecast period

Trends like BYOD and CYOD are prevalent in businesses. Because of this, companies give workers access to sensitive information via their own devices in order to boost productivity. The organization is now more vulnerable to hacks because employees can now access the company’s critical data from their devices. By identifying latent data breach incidents across the corporate network, security management systems assist enterprises in protecting this data that is accessed and shared via mobile devices.

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With a prompt response to a potential data breach, it tracks, notifies, and avoids incidences of data loss. With the use of geofencing, app-sharing permissions, and restriction controls, the solution secures company data. Any malware attack that enters the network port is monitored, detected, and alerted to, and the device is automatically fixed utilising remote lock and quarantine management. Passwords, Personal Identification Numbers (PINs), screen lock patterns, and other restrictions can also be set using this tool. Data security, device security, and application security are the main features of the security management solution. The security management solution protects company data and gives mobile users a superior, hassle-free experience.

Unique Features in the Mobile Device Management Market

Employers can adopt BYOD policies while preserving data security and compliance by using MDM solutions to manage and secure employee-owned devices used for work.

Certain mobile device management (MDM) platforms have containerisation features that allow users to keep private and work-related data separate on mobile devices. This creates a dual persona environment that safeguards confidential company data without sacrificing user privacy.

Organisations can set geographic limits and implement location-based restrictions, including limiting access to sensitive data or applications when devices are outside of approved zones, by using the geofencing features that MDM solutions offer.

Administrators can remotely install, update, or uninstall apps from managed devices using MDM systems’ app management tools. They can also create a whitelist of permitted apps to increase productivity and security.

Certain MDM solutions facilitate zero-touch enrollment and provisioning, which allows businesses to streamline the device onboarding and setup process by automatically configuring and deploying devices with specified settings, policies, and applications.

Major Highlights of the Mobile Device Management Market

MDM systems offer a tiered approach to mobile security and threat mitigation by integrating with the larger security ecosystem, which includes identity and access management (IAM), endpoint security, and threat intelligence solutions.

Mobile application management (MAM) is an extension of MDM solutions. It provides capabilities like app distribution, setup, and security policies to manage and secure mobile apps that are used throughout the company.

By offering seamless enrollment, simple self-service portals, and user-friendly interfaces, MDM suppliers concentrate on enhancing the user experience by enabling users to onboard devices and access corporate resources with ease while ensuring security.

Because of cloud-based MDM systems’ scalability, flexibility, and cheaper total cost of ownership (TCO), which allow for easier management and safe access to company resources from any location, organisations prefer them over on-premises installations.

In order to offer centralised control and security across a variety of endpoints, including mobile devices, PCs, laptops, and Internet of Things devices, MDM solutions interact with unified endpoint management (UEM) platforms.

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Top Companies in the Mobile Device Management Market

The report covers the competitive landscape and profiles of major market players, such as VMware (US), Microsoft (US), IBM (US), Blackberry (Canada), Citrix (US), Google (US), Cisco (US), Samsung (South Korea), Micro Focus (UK), ZOHO (India), SolarWinds (US), SAP (Germany), Quest Software (US), Ivanti (US), Sophos (US), SOTI (Canada), Jamf (US), Qualys (US), Snow Software (Sweden), Matrix 42 (Germany), Rippling (US), 42Gears (US), ProMobi (India), Baramundi (Germany), Mitsogo Inc (US), Codeproof technologies (US), AppTec (Switzerland), Addigy (US), Kandji (US). These players have adopted several organic and inorganic growth strategies, including new product launches, partnerships and collaborations, and acquisitions, to expand their offerings and market shares in the global mobile device management market.

VMware provides mobile device management such as VMware Workspace ONE, Unified endpoint management and anywhere workspace station. Anywhere Workspace solution is designed to let the client’s employee to gain security and frictionless experience of the connection. This can be used to build trust to empower distributed workforce. This also reduces cost and operational overheads. Unified endpoint management takes a user-centric approach to enable IT to centrally manage every device, every app, and every mobile use case, which can be corporate-owned or BYOD.

One of the major companies in the market for mobile device management is Microsoft. Microsoft Intune, a cloud-based service that focuses on mobile device management (MDM) and mobile application management, is a service that the company plans to offer (MAM). Microsoft provides a variety of support services for managing mobile devices. The company provides customers with software, platforms, content delivery systems, support, and consulting services through cloud-based solutions. Micosoft access is divided into three categories which include personal computing, intelligent clouds, and productivity and business processes.

The company offers cloud-based solutions that provide customers with software, platforms, content delivery solution, support, and consulting services. Microsoft access in three segments: productivity and business processes, intelligent cloud, and personal computing.

With both organic and inorganic development initiatives, VMware focuses on Y-o-Y growth. For instance, in June 2021, VMware and Zoom Video Communications teamed up to make it possible for hybrid work environments to collaborate in a better and more secure way. In an effort to further enhance usability, application and network speed, and security, the VMware Anywhere Workspace and Zoom collaboration platform are now interoperable.

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