In a recently published report, Global Mobile Device Management Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Mobile Device Management Market products.
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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further projected to touch USD 6 million by 2023.
Security software that is employed by IT departments of organizations to monitor and secure employees’ mobile device. It is deployed to work across multiple mobile service providers and across multiple mobile operating systems being used in the organization.
The factors that drive growth for the Mobile Device Management Market include the increasing penetration of mobile and tablet devices. The adoption of BYOD policies by many organizations is another growth driver for this market. BYOD policy (Bring-Your-Own-Device policy) refers to the policy permitting employees to bring personally owned devices like phones and tablets to the workplace. Consumer Demand for BYOD is now requiring a greater effort for MDM and increased security for both the devices and the enterprise they connect to, especially since employers and employees have different expectations concerning the types of restrictions that should be applied to mobile devices.
The market also throws up several opportunities with regard to a large number of technological developments happening in the field.
The market is segmented in terms of the offering, deployment, end-use industry, and geography.
In terms of the offering, the market is classified into software and service.
On the basis of deployment, it is classified further into cloud and On-premise. Cloud refers to software which is located on a centralized server and which can be accessed from anywhere through the internet. On-premise refers to software that has to be present at the location where the software is used.
On the basis of end-use industry, it is classified into Communication, Management and Consulting, Banking and Financial Services, Manufacturing, Healthcare, Transportation and Logistics, and Others. The Banking and Financial Services sector dominates this market. This is because information security is of prime importance in this industry and an effective MDM system is essential for its working.
North America is the dominating market in terms of market share due to the technological advancement, increased mobile workforce, increased smartphones penetration and BYOD trend present in these countries. North America is followed by Europe. In terms of growth rate, Asia Pacific is the leader as more and more organizations are adopting the BYOD policies in their workplace due to the demand.
Some of the major players in the market include Airwatch, Citrix, Mobile Iron, SOTI, IBM, RIM, Microsoft, SAP, Symantec, Good, Apple, CA Technologies, Cisco, 2X Parallels, Absolute Software and Telstra.
Report ContentsRegional AnalysisReport Highlights
Global Market segments
Global Market Drivers, Restraints and Opportunities
Global Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Global Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
US and Canada
Mexico, Brazil, Argentina and Rest of Latin America
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Rest of Eastern Europe
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Estimated Market Sizing in terms of volume and value
Recent trends in market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
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