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Mobile Device Management Market Growth Analysis and Key Insights to 2033 || Google LLC, Samsung Electronics Co. Ltd., Microsoft Corporation
Mobile Device Management Global Market Report 2024
The Business Research Company presents an extensive market research report on the Mobile Device Management Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The mobile device management market size has grown exponentially in recent years. It will grow from $8.88 billion in 2023 to $10.94 billion in 2024 at a compound annual growth rate (CAGR) of 23.3%. The growth in the historic period can be attributed to bring your own device (BYOD) trend, security and compliance requirements, enterprise mobility and productivity, remote workforce management, application management needs.
The mobile device management market size is expected to see exponential growth in the next few years. It will grow to $26.76 billion in 2028 at a compound annual growth rate (CAGR) of 25.0%. The growth in the forecast period can be attributed to increased complexity in device ecosystems, IoT device management demand, focus on user experience, strategic mobile policies, integration with endpoint security. Major trends in the forecast period include application security and containerization, artificial intelligence (AI) for threat detection, mobile threat defense (MTD), geofencing and location-based policies.
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Key Market Players:
Major companies operating in the mobile device management market report are Google LLC, Samsung Electronics Co Ltd., Microsoft Corporation, International Business Machines Corporation (IBM), Cisco Systems Inc., Broadcom Inc., SAP SE, VMware Inc., Citrix Systems Inc., Micro Focus International plc, Zoho Corporation Pvt Ltd., Quest Software Inc., Kaspersky Lab, BlackBerry Limited, Ivanti Inc., Jamf Software LLC, SOTI Inc., MobileIron Inc., Centrify Corporation, Sophos Group plc, 42Gears Mobility Systems Inc., Hexnode Technologies Limited, Kandji Inc., Baramundi Software AG, Mitsogo Inc., Matrix42 AG, Miradore Ltd., FiberLink Communications LLC, Codeproof Technologies Inc.
Market Drivers:
The immense growth of the mobile workforce within enterprises is contributing to the growth of the mobile device management market. A mobile workforce refers to a group of employees that isn't bound by a central physical location. Companies are increasingly using mobile device management for monitoring and security of mobile devices, such as smartphones and tablets, in the workplace. The strong growth in the workforce and the need to secure connectivity among the workforce is expected to boost the mobile device management market. For instance, in April 2022, according to the survey conducted by the Australian Bureau of Statistics, an Australian-based self-governing legal organization tasked with acquiring and evaluating data and delivering fact-based recommendations to federal, state, and territorial governments, almost half of all Australian employees (46%) currently work from home to some extent. In addition, 34% of Australian firms use teleworking agreements for at least some of their personnel. Thus, the growth in mobile workforce within enterprise will boost mobile device management market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/mobile-device-management-global-market-report
The mobile device management market covered in this report is segmented -
1) By Component: Solution, Services
2) By Operating System: iOS, Android, Windows, MacOS, Other Operating systems (Linux)
3) By Deployment Mode: On-Premises, Cloud
4) By Organization Size: Small and Medium Enterprises, Large Enterprises
5) By Vertical: Banking, Financial Services and Insurance, Telecom, Retail, Healthcare, Education, Transport and Logistics, Government and Public Sector, Manufacturing and Automotive, and Other Verticals
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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