Press release
Enterprise Mobility in Banking Market 2021-2026: Trends, Scope, Demand, Opportunity and Forecast
The Enterprise Mobility in Banking Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Enterprise Mobility in Banking market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Enterprise Mobility in Banking market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Enterprise Mobility in Banking market.The Enterprise Mobility market in banking is expected to grow at a CAGR of 24.81% during the forecast period (2021-2026).
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Top Leading Companies of Enterprise Mobility in Banking Market are - BlackBerry Limited, VMware Inc., Citrix Systems Inc., IBM Corporation, Microsoft Corporation, Mobile Iron Inc., Newgen Software Technologies Limited, Infosys Limited, HCL Technologies and others.
Industry News and Updates:
- February 2019 - Seqrite, launched its Enterprise Mobility Management (EMM) portfolio. As part of the development, Seqrite introduced two cloud-based solutions, MobiSMART, and mSuite, which have been designed to provide comprehensive control over mobile devices accessing their network and data.
- January 2019: IBM announced that the IBM MaaS360 with Watson had been named by Google as an Android Enterprise Recommended solution for company-owned, BYOD, and dedicated devices. The Android Enterprise Recommended is a Google-led program that validates the EMM product offerings that are primarily built to an elevated set of solution standards using the advanced Android Enterprise features that prioritize modern management methods to help business customers utilize the best of Android.
Key Market Trends:
Increase in Cyber Attacks to drive the Market Growth
- Data breaches lead to an exponential rise in costs and loss of valuable customer information. According to the 2019 Data Breach Investigations Report (DBIR) released by Verizon, 88 % of all cyber incidents in the financial services and insurance sector were done with financial motivation. Cyber attackers in pursuit of the most straightforward path possible to financial gain attack the financial services industry.
- Evidently, to secure their IT processes and systems, secure customer critical data, and comply with government regulations, both private and public banking institutes are focused on implementing the latest technology to prevent cyber-attacks. Additionally, with higher customer expectations, growing technological capabilities, and regulatory requirements, banking institutions are pushed to adopt a proactive approach to security.
North America is Witness Significant Growth
- North America is expected to hold a significant share in the enterprise mobility in the banking market, with the increasing adoption among banks and the presence of major vendors acting as the primary factors driving the growth of the market in the region.
- The penetration of smartphones and tablets is increasing in the United States, which is likely to drive the BYOD policy across enterprises. The increasing penetration of devices, coupled with strong network connectivity across the region, is expected to encourage the organizations to adopt BYOD policies.
- According to the Identity Theft Resource Center (ITRC), as of July 2019, the business, BFSI, educational, and medical sectors faced more than 105 data breaches exposing more than 104 million sensitive records. These incidents have created a positive demand for enterprise mobility management in the country, especially for mobile security, as they are the most vulnerable endpoints that a hacker can attack to gain entry into an enterprise system. With growing awareness among the end-users, the demand for managed mobility services in the country is expected to increase over the forecast period.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Enterprise Mobility in Banking Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Enterprise Mobility in Banking Market (%),2016 - 2026
- Enterprise Mobility in Banking Market Share, By Brand
- Enterprise Mobility in Banking Market Share, By Company
- Enterprise Mobility in Banking Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Enterprise Mobility in Banking Market Value Analysis & Forecast
- Promising Enterprise Mobility in Banking Development by Major Companies
- Detailed Enterprise Mobility in Banking Portfolio of the Major Companies
- Major Deals in the Enterprise Mobility in Banking Market
- Major Companies Analysis
Browse Full Report at:
https://www.marketinsightsreports.com/reports/02082591947/enterprise-mobility-in-banking-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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