Mobile Device Management (MDM) Market Estimated to Exceed 28.7 Billion Globally By 2027

According to IMARC Group latest report titled "Mobile Device Management (MDM) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on Mobile Device Management (MDM) Market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The market reached a value of US$ 6.6 Billion in 2021. The Global Mobile Device Management (MDM) Market to reach US$ 28.7 Billion by 2027, exhibiting at a CAGR of 27.6% during 2022-2027.

Mobile device management (MDM) represents a software application that is designed to assist administrators and managers in controlling and securing mobile endpoints, such as smartphones, laptops, and tablets, across the organization. It is a vital component of enterprise mobility management (EMM), which enables users to access official documents, data, and applications on personal devices. In addition, MDM can perform various functions, including providing a remote control for troubleshooting, the maintenance of hardware and application inventory, and the management of operating system (OS) configuration and portable content. As a result, this application finds widespread applications across several sectors, such as banking, financial services and insurance (BFSI), telecommunication, retail, healthcare, manufacturing, and automotive.

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Market Trends:

The escalating demand for cloud-based services and the emerging trend of digitization across the globe are among the primary factors driving the mobile device management (MDM) market. Besides this, these solutions offer improved access to digital assets while enabling the information technology (IT) teams to sync and manage multi-OS platforms through a single console effectively, which is further augmenting the market growth. Moreover, the elevating requirement for MDM across organizations to secure their corporate data, owing to the growing popularity of the bring-your-own-devices (BYOD) that has enhanced the risks of information breaches and vulnerabilities to the company network, is also catalyzing the global market. Apart from this, the inflating need for workflow automation and collaboration of various teams and departments across the enterprise are acting as significant growth-inducing factors. Furthermore, the integration of artificial intelligence (AI) with these solutions and the extensive research and development (R&D) activities in the field of IT are anticipated to propel the mobile device management (MDM) market over the forecasted period.

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Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined with some of the key players.
• AirWatch (VMware)
• Blackberry
• Cisco Systems Inc.
• Citrix Systems Inc.
• IBM Corporation
• Microsoft Corporation
• Mobile Iron Inc.
• SAP SE
• Sophos Ltd.
• SOTI Inc.

Mobile Device Management (MDM) Market Segmentation:

Our report has categorized the market based on region, type, deployment type, organization size, vertical, application and end-use.

Breakup by Type:
• Solutions
• Services

Breakup by Deployment Type:
• On-Premises
• Cloud-based

Breakup by Organization Size:
• Large Enterprises
• Small and Medium-Sized Enterprises

Breakup by Vertical:
• BFSI
• Manufacturing
• Healthcare
• Communication
• Others

Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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