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Technavio’s market research analyst predicts the global MDM market to grow at a CAGR of approximately 8% during the forecast period. The increase in demand for handled devices used from enterprises and individuals is expected to foster the demand for MDM solutions. Additionally, with the rise in demand for virtualization applications and cloud technology, the market for MDM solutions is expected to grow rapidly during the forecast period.
The increase in the number of platforms is one of the key drivers for the growth of this market. Since different smartphones work on different platforms, implementing a system with standard functionalities and security has become a necessity. This growing need for a synchronization solution is expected to augment the demand for MDM solutions as it aids in the synchronization of the registered device.
In this market study, analysts have estimated the software segment to be the largest market segment during the forecast period. This region currently dominates the market and is expected to account for more than 61% of the total market by the end of 2020 due to a decrease in the cost of the service and an increase in demand from SMEs.
According to this market study, the North American region accounted for close to 36% of the total market share in 2014 and is expected to grow at a CAGR of approximately 6% during the forecast period. The augmented need for mobile communication security is predicted to drive the market for MDM software in this region.
Since the global MDM market is highly fragmented, it creates many opportunities for mergers and acquisitions. The vendors that have the capacity to provide rich customer experience and an improved supply chain operations for faster and efficient business operations are expected to gain a competitive edge over their rivals.
The leading vendors in the market are -
Other prominent vendors in the market include Absolute Software, Blackberry, IBM, FeedHenry (Red Hat), Kaseya International, Microsoft, SAP, Sophos, SOTI, and Symantec.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market description
PART 06: Market landscape
PART 07: Market segmentation by deployment model
PART 08: Market segmentation by product
PART 09: Market segmentation by end user
PART 10: Geographical segmentation
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
PART 17: Key vendor analysis
PART 18: Appendix
PART 19: Explore Technavio
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