openPR Logo
Press release

Mobile Device Management Market (2018-2023) USD 6.96 Bn by SAP SE, MobileIron, Microsoft, Citrix, IBM, ManageEngine (Zoho Corp.)

06-24-2019 09:26 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Worldwide Market Reports

Mobile Device Management

Mobile Device Management

The rising demand for smartphones, and growing safety concerns regarding protection of corporate data are increasing the need for mobile device management (MDM) solutions. The purpose is to manage and streamline different platforms through a single device. This significant factor is propelling the MDM market to grow and reach approximately USD 6.96 Bn by 2023, expanding at a compound annual growth rate (CAGR) of 25.84% during 2018-2023.

FREE| Download and Get Sample PDF : https://www.worldwidemarketreports.com/sample/251205

Solution segment insights:

State-of-the-art telecom infrastructure is driving the MDM market growth, globally. Device management held the largest market share in 2018 (41%), among other variants such as application management, network service management and security management solutions. However, the security management solutions market is estimated to expand at a CAGR of 29.8% during 2018 to 2023, owing to the growing concerns regarding data breaches, and protection from malware, virus and data theft. 

Deployment segment insights:

Substantial growth in cloud-based deployment by small and medium-sized enterprises (SMEs) is estimated to drive the market. Integration of MDM in unified endpoint management (UEM) is another critical factor expected to accelerate market growth. Cloud computing holds upto 56% of the market share in the on-premise, cloud and hybrid segments. On-premise deployment, on the other hand, is experiencing a declining growth after the massive adoption of cloud computing in most organizations. Hybrid deployment is still at its nascent stage in many countries, as the concept is still unfamiliar to organizations.

Industry vertical segment insights:

Mobile device management impacts multiple sectors such as banking, financial services and insurance (BFSI), telecom, retail, healthcare, education, transportation, and government initiatives. Among these, the healthcare sector dominated the market with a revenue of USD 0.63 Bn and a 29% market share, in 2018. Hospitals are installing MDM solutions for security purposes. Monitoring patients and checking their electronic medical records have increased among doctors, nurses and support staff. Banks and financial institutions are offering mobile apps and chatbots to assist customers and provide product information. The BFSI segment holds about an 18% market share, followed by telecom and retail.

Regional insights:

North America is leading the innovation in the MDM market, and occupied approximately 35% of the global market in 2018. Advancement in technologies such as cloud computing, edge computing, and the Internet of Things (IoT), along with a state-of-the-art telecom infrastructure are expected to propel market growth in the region to 2.35 Bn by 2023. Asia-Pacific is one of the fastest developing regions, and is anticipated to expand at the highest CAGR of 29.8% during the forecast period. Latin America, and the Middle East and Africa markets, though still at nascent stages, will also experience high growth.

Companies covered:

• SAP SE
• MobileIron
• Microsoft
• Citrix
• IBM
• ManageEngine (Zoho Corp.)
• Sophos
• Vmware
• SOTI
• Symantec

Objective of the study:

- To analyze and forecast the market size of global Mobile Device Management market.
- To classify and forecast global Mobile Device Management market based on application and region.
- To identify drivers and challenges for global Mobile Device Management market.
- To examine competitive developments such as expansions, mergers & acquisitions, etc., in global Mobile Device Management market.
- To conduct pricing analysis for global Mobile Device Management market.
- To identify and analyze the profile of leading players operating in global Mobile Device Management market.

Avail Additional Discount@ https://www.worldwidemarketreports.com/discount/251205

In Conclusion, the Mobile Device Management Market reports provide meaningful data to those who are looking to enter into the Mobile Device Management Industry by providing market competition, Size, and Trends of Mobile Device Management Market.

Mr. Shah
Worldwide Market Reports
Tel: +1 415 871 0703
Email: sales@worldwidemarketreports.com

About Us:
Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Research’s well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Mobile Device Management Market (2018-2023) USD 6.96 Bn by SAP SE, MobileIron, Microsoft, Citrix, IBM, ManageEngine (Zoho Corp.) here

News-ID: 1785285 • Views: 690

More Releases from Worldwide Market Reports

Data Center Construction Market Booming Worldwide Opportunity, Upcoming Trends a …
The "Global Data Center Construction Market: 2020" Industry Report is a professional and in-depth study on the current state of the Data Center Construction Market by WMR. The Data Center Construction market is supposed to demonstrate a considerable growth during the forecast period of 2020 - 2027. The company profiles of all the key players and brands that are dominating the market have been given in this report. Their moves
Color Cosmetic Industry Growth, Competitive Analysis, Future Prospects 2020:L'Or …
The "Global Color Cosmetics Market: 2020" Industry Report is a professional and in-depth study on the current state of the Color Cosmetics Market by WMR. The Color Cosmetics market is supposed to demonstrate a considerable growth during the forecast period of 2020 - 2027. The company profiles of all the key players and brands that are dominating the market have been given in this report. Their moves like product launches,
Know What are the Current Trends in LBS in the Healthcare Market: AiRISTA, Gener …
Worldwide Market Reports adds "LBS in the Healthcare Market 2020 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2027" reports to its database. This report provides in depth study of "LBS in the Healthcare Market" using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organisation. The LBS in the Healthcare Market report also provides an in-depth survey of key players in the market which is based on
Healthcare Analytical Testing Services Market Analysis With Key Players, Applica …
Worldwide Market Reports adds "Healthcare Analytical Testing Services Market 2020 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2027" reports to its database. This report provides in depth study of "Healthcare Analytical Testing Services Market" using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organisation. The Healthcare Analytical Testing Services Market report also provides an in-depth survey of key players in the market which is based on

All 5 Releases


More Releases for Mobile

Asia - Mobile Infrastructure and Mobile Broadband
Bharat Book Bureau Provides the Trending Market Research Report on "Asia - Mobile Infrastructure and Mobile Broadband" under Telecom category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. Executive Summary Leading Asian nations prepare for 5G rollouts Asia’s mobile subscriber market is now witnessing moderate growth in a fast maturing market. Whilst there are still developing markets continuing to grow their mobile subscriber base at
Mobile apps development comapny
Yapps is a division of Udeels Technologies has a mobile application platform provides cloud based ecommerce, business app solutions, customer/sales centric and web solutions. The company is emerging as a top-notch in ecommerce and Business App solutions space by offering comprehensive and easy to use solutions in developing branding, taking the business to online, promoting and day to day and minute to minute transactions to customers. Mission Our mission is to provide
Travel Mobile Application Developers
we have extensive experience in creating high performance, feature-packed native mobile applications for all the major platforms including iOS, Android..Travayoo Mobile App Development takes its best position and strives to work with the growing outline. Rather than mobile app development, our company also works on B2B , B2C booking engine system. Our mobile application development process integrates design and development to come up with a flexible process that delivers result. INGENIUM
Mobile Application Development Cost
Mobile application development cost depends on app features, functionality, platform and technology used, development time & expertise involved. With budget constraints, choosing the appropriate mobile application development cost is crucial for organizations. It is usually seen that many technology leaders get confused while choosing between native and hybrid app platforms. Understanding exact app requirements helps overcome this challenge. Now you must be wondering which app is more cost-effective- native
Asia - Mobile Infrastructure And Mobile Broadband
Asian mobile broadband market continues to grow strongly With 3.9 billion mobile subscribers and over 50% of the mobile subscribers in the world, spread across a diverse range of markets, the region is already rapidly advancing in the adoption of mobile broadband services. Mobile broadband as a proportion of the total Asian mobile broadband subscriber base, has increased from 2% in 2008 to 18% in 2013, 27% in 2014, 33% in
Mobile Charting components for BlackBerry mobile platform
Girona, Catalonia, Spain – January, 2013 - Steema Software, a leading vendor of development components for web, desktop and mobile applications, announced the availability of its TeeChart Charting Library for BlackBerry mobile devices. This is the company’ first release in 2013 and with it, Steema Software extends their offering of mobile charting components to BlackBerry Mobile platform alongside current Windows Phone 7, Android and iPhone/iPad support. The BlackBerry Chart library is