Press release
North America mobile device management market Witnessing Robust Growth and Growing at the CAGR of 24.25% during forecast period
Mobile 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 North American MDM market is expected to reach USD 3.23 Bn by 2023 with a compound annual growth rate (CAGR) of 24.25% during 2018-2023.
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The market is divided into three primary segments based on solutions, deployment and end users.
Based on solutions, the market is segmented into device management, application management, security management and network service management. The device management of this region is expected to have the largest market share. It is estimated to grow from USD 0.32 Bn in the year 2018 to USD 0.77 Bn in the year 2023 with a CAGR of 19.41%.
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On the basis of deployment, the market is split into cloud and on-premise. The cloud deployment market is expected to have a larger share and is estimated to grow from USD 0.75 Bn in 2018 to USD 2.48 Bn in 2023 with a CAGR of 27.12%.
On the basis of 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 0.45 Bn in 2018 to USD 1.70 Bn in 2023. The CAGR will be around 30.43%.
On the basis of countries, the market is segmented into The United States (U.S) and Canada. The U.S has the largest market share.
Key growth factors
The rapid rise in people using their smartphones and tablets in workplaces has allowed the growth of MDM market. Companies are very much interested in managing and securing their valuable data so that it doesnt fall in wrong hands. North America is the leader in 4G and smartphone adoption and is soon going to adopt 5G services. Technological advancement in this region is also another primary factor why MDM is so important and extensively used.
Chapter 1: Executive summary
1.1. Market scope and segmentation
1.2. Key questions answered in this study
1.3. Executive summary North America
Chapter 2: North America MDM market market overview
- Overview
- Drivers
- Challenges
- Trends
- Historical revenue (2015-2017)
- Forecasted revenue (2018-2023)
Chapter 3: North America segment overview
3.1. North America segment overview based on solutions revenue, CAGR, write-up
3.1.a. North America segment overview based on solutions: regional share (2023F)
3.2. North America segment overview based on deployment revenue, CAGR, write-up
3.2.a. North America segment overview based on deployment: regional share (2023F)
3.3. North America segment overview based on end users revenue, CAGR, write-up
3.3.a. North America 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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