Global Mobile Device Management Market (2018-2023)

Market Research Report Store offers a latest published report on Mobile Device Management Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Mobile Device Management players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the Mobile Device Management with respect to individual growth trends, future prospects, and their contribution to the total market.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Click to view the full report TOC, figure and tables:
https://www.marketresearchreportstore.com/reports/124043/global-mobile-device-management-market
 
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.
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
Customizations available
With the given market data, Netscribes offers customizations according to specific needs. Write to us at support@researchonglobalmarkets.com, or connect with us here.

For More Information On This Report, Please Visit @
https://www.marketresearchreportstore.com/reports/124043/global-mobile-device-management-market

Related Information:
North America Mobile Device Management Market Growth 2019-2024
United States Mobile Device Management Market Growth 2019-2024
Asia-Pacific Mobile Device Management Market Growth 2019-2024
Europe Mobile Device Management Market Growth 2019-2024
EMEA Mobile Device Management Market Growth 2019-2024
Global Mobile Device Management Market Growth 2019-2024
China Mobile Device Management Market Growth 2019-2024

Customization Service of the Report :
Market Research Report Store provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Contact US
Market Research Report Store
E-mail: info@marketresearchreportstore.com
Tel: +86-15521064060 00852-58197708(HK)
Add: 17890 Castleton Street Suite 218 City of Industry CA 91748 United States
Website: https://www.marketresearchreportstore.com

About Us:
Market Research Report Store (MRRS) is a professional organization related to market research reports in all directions .To provide customers with a variety of market research reports, MRRS cooperates with a large of famous market report publishers all over the world. Owing to our good service and the professional market reports in the wide range, MRRS enjoys a good reputation in the market. In pace with the development of MRRS, more and more customers and market report publishers choose to cooperate with us. As a specialized platform, MRRS upholds the supremacy of customers and aims to provide customers with better service and richer select.

This release was published on openPR.