Press release
Middle East and Africa mobile device management market Witnessing Robust Growth and Growing at the CAGR of 19.88% during forecast period
Middle East and Africa mobile device management marketMobile device management (MDM) is a security software which is usually used by the information technology (IT) department of any company to manage, secure and monitor the different devices of employees. These devices are deployed across various mobile service providers. It comprises a range of products and services that help the organization to allow and support different applications in personal mobile devices. The Middle East and Africa MDM market is expected to reach USD 0.47 Bn by 2023 with a compound annual growth rate (CAGR) of 19.88% during 2018-2023.
The market is divided into three primary segments based on solutions, deployment and end users.
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Based on solutions, the market is segmented into device management, application management, security management and network service management. The network service management of this region is expected to have the largest market share. It is estimated to grow from USD 0.06 Bn in the year 2018 to USD 0.16 Bn in the year 2023 with a CAGR of 20.26%.
Based on deployment, the market is separated into cloud and on-premise. The cloud deployment market will grow with a higher CAGR of 26.93% and accumulate a revenue of USD 0.30 Bn in 2023. The on-premise deployment will have a greater revenue of around USD 0.10 Bn in the year 2018.
Based on end users, the market is classified into banking, financial services and insurance (BFSI), telecommunication, retail, and healthcare. Healthcare will have a major market share and will rise from USD 0.08 Bn in 2018 to USD 0.15 Bn in 2023. The CAGR will be around 18.64%.
Key growth factors
The employees are accessing corporate data through their mobile devices which have also raised concern for cyber threats making mobile devices an easy prey for cyberattacks. The Middle East and Africa MDM market is showing a steady growth due to the high adoption rate of mobile devices. Mobile devices in this region are being used extensively for both private and professional purposes. Organizations are adopting bring your own device (BYOD) in order to support varied devices and applications platform. This assists in the mobilization of organizational data that increases the efficiency of the organization. Some problems, such as lost devices, corporate policy configuration, multiple user authentications, and others, are also a concern for the organization. To evade security risk and other related problems, organizations are investing in MDM solutions and services.
Threats and key players
Businesses in todays world are heavily relied on mobile devices to meet a variety of needs. Ease in terms of device integration is very important for workflows to be executed properly. In the absence of certain protocols, professionals run the risk of experiencing compatibility issues. This is true especially if the individual is using a personal device that doesnt meet the businesss standard update procedure. A full-company MDM policy can help ensure efficiency and compatibility across the board.
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Chapter 1: Executive summary
1.1. Market scope and segmentation
1.2. Key questions answered in this study
1.3. Executive summary The Middle East and Africa
Chapter 2: The Middle East and Africa MDM market market overview
- Overview
- Drivers
- Challenges
- Trends
- Historical revenue (2015-2017)
- Forecasted revenue (2018-2023)
Chapter 3: The Middle East and Africa segment overview
3.1. The Middle East and Africa segment overview based on solutions revenue, CAGR, write-up
3.1.a. The Middle East and Africa segment overview based on solutions: regional share (2023F)
3.2. The Middle East and Africa segment overview based on deployment revenue, CAGR, write-up
3.2.a. The Middle East and Africa segment overview based on deployment: regional share (2023F)
3.3. The Middle East and Africa segment overview based on end users revenue, CAGR, write-up
3.3.a. The Middle East and Africa segment overview based on end users: regional share (2023F)
Chapter 4: Competitive landscape
4.1. Airwatch
- Company snapshot
- Products/services
- Strategic initiatives
- Geographical presence
- Key people
- Competitors
- Key numbers
4.2. MobileIron
4.3. IBM Corporation
4.4. SAP SE
4.5. Microsoft Corporation
Chapter 5: Conclusion and outlook
5.1. Conclusion
Appendix
- Assumptions
- List of tables
- Research and methodology
- About Netscribes Inc.
…..
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