Mobile Device Management Market by Deployment and Geography - Forecast and Analysis 2020-2024

The global mobile device management market size has the potential to grow by USD 5.32 billion during 2020-2024. The market’s growth momentum will accelerate throughout the forecast period.

This report provides a detailed analysis of the market by geography (APAC, Europe, MEA, North America, and South America) and deployment (on-premises and cloud-based). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including 42Gears Mobility Systems Pvt. Ltd., Broadcom Inc., Cisco Systems Inc., Citrix Systems Inc., International Business Machines Corp., Ivanti Software Inc., Matrix42 AG, Microsoft Corp., MobileIron Inc., and VMware Inc.

Market Overview

Market Competitive Analysis

The mobile device management market is currently fragmented. The degree of fragmentation will increase over the forecast period. Vendors are opting for inorganic growth strategies such as strategic partnerships with mobile device management (MDM) solution providers, technology service providers, and platform providers. Such collaborations and acquisitions are helping vendors in expanding their market foothold and enhancing their technological expertise. Microsoft Corp., MobileIron Inc., and VMware Inc. are a few of the significant market participants. Although the accelerating market growth momentum will offer immense business opportunities to the vendors, the availability of open-source MDM solutions will challenge the growth of many. To make the most of the opportunities, market vendors should focus more on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market positions, this mobile device management market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of the companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. This mobile device management market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading mobile device management companies, including:

• 42Gears Mobility Systems Pvt. Ltd.
• Broadcom Inc.
• Cisco Systems, Inc.
• Citrix Systems Inc.
• International Business Machines Corp.
• Ivanti Software Inc.
• Matrix42 AG
• Microsoft Corp.
• MobileIron Inc.
• VMware Inc.

Mobile Device Management Market: Segmentation by Region

The MDM market in APAC is expected to grow at a steady rate during the forecast period. The market growth is attributed to factors such as increasing adoption of enterprise mobility and digital transformation solutions. The rising IT spending across various sectors and government initiatives to deploy digital technologies will also fuel the mobile device management market share growth in APAC.

Almost 30% of the overall market’s growth will originate from APAC during the forecast period. China is the key market for mobile device management in the region. The market growth rate in this region will be faster than that of other geographies during the forecast period.

Mobile Device Management Market: Segmentation by Deployment

Enterprises are increasingly adopting the on-premises deployment model owing to benefits such as better security and control over data compared with the cloud-based deployment model. As the on-premises model minimizes the risk of data breaches, unlike in a cloud-based deployment model in which data can be accessed through multiple points, the deployment of the former is higher among the BFSI, healthcare, and defense sectors. Therefore, the growth of the mobile device management market by the on-premises segment is expected to be substantial over the forecast period.

The mobile device management market growth by the on-premises segment is expected to be slower compared with the cloud-based market segment over the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the mobile device management market size.

Mobile Device Management Market: Key Drivers and Trends

The rising adoption of mobile devices in organizations has increased the need to manage all devices within a network efficiently. As a result, the deployment of MDM solutions has increased across organizations. MDM solutions can assist end-users in having a centralized view on all devices, including smartphones, personal computers, tablets, servers, and printers, in their network. These solutions also authorize users with some form of identity management and optimize the security and functionality of devices. Furthermore, vendors are offering MDM solutions that can perform the tasks of mobile app management (MAM), enterprise mobility management (EMM), and mobile information management (MIM). Therefore, enterprises are only opting for MDM solutions, driving the mobile device management market growth.

• Vendors are developing MDM products with MAM functionalities that display a catalog of apps recommended by IT departments to ensure data security, which is one of the key mobile device management market trends.
• Advanced MDM products can prevent unauthorized access to data.
• Vendors are integrating advanced technologies such as AI, IoT, and cloud solutions into MDM products for enhanced capabilities such as predictive analytics and quick response insights.
• Microsoft launched the Endpoint Manager to streamline and simplify the visualization of both personal devices and corporate-owned devices in organizations.
• The mobile device management market size will grow at a CAGR of over 21% during 2020-2024. 

Mobile Device Management Market: Key Highlights of the Report for the Forecast Period 2020-2024

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will accelerate the growth of the mobile device management market during the next five years
• Precise estimation of the global mobile device management market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the mobile device management industry in APAC, Europe, MEA, North America, and South America
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of mobile device management vendors