06-Sep-2018 | Zion Market Research
Zion Market Research has published a new report titled “Mobile Device Management Market by Solutions (Device Management, Deployment Management, Security Management, Network Service Management, and Others), by Vertical (Education, Healthcare, Banking, Financial Services and Insurance (BFSI), Retail, Manufacturing and Other, Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2026.”According to the report, the mobile device management market accounted for USD 3.3 Billion in 2019 and is expected to reach USD 15.7 Billion by 2026, growing at a CAGR of around 25% between 2019 and 2026.
Browse the full “Mobile Device Management Market by Solutions (Device Management, Deployment Management, Security Management, Network Service Management, and Others), by Vertical (Education, Healthcare, Banking, Financial Services and Insurance (BFSI), Retail, Manufacturing and Other, Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2026.” Report at https://www.zionmarketresearch.com/report/mobile-device-management-market
As estimated in this report, the global mobile device management market stood at US$ 3.3 billion in 2019. Witnessing a tremendous rise during the period from 2020 to 2026, the revenue in this mobile device management market is expected to reach US$ 15.7 billion by the end of the forecast period. The main solution types available in this mobile device management market are device management, network service management, application management, and security management. Among them, the demand for application management is relatively higher and the trend is anticipated to remain so over the next few years, notes the mobile device management market research report.
With the presence of a large pool of participants, the global mobile device management market is displaying a highly competitive business landscape. Symantec Corporation, Microsoft Corporation, IBM Corporation, BlackBerry Ltd, and Citrix Systems are some of the key vendors of mobile device management across the world. These players are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development states the mobile device management market study.
Citing an instance, on August 15, 2018, Fleetsmith, the automated Apple device management service provider, launched support for iOS and tvOS, further extending Fleetsmith Intelligence as well as Fleetsmith Managed products for all Apple Equipment, including iPhone, Apple TV, and iPad.
“Extensive application of mobile device management solutions across manufacturing, education, BFSI, and healthcare sectors is likely to accelerate the mobile device management market growth over the span of the next few years,” says the author of this mobile device management market study. Apart from this, enhanced security concerns over the protection of the organizational data as well as the data of mobile users are anticipated to generate lucrative demand for mobile device management solutions in the years ahead.
Low awareness about the mobile device management services and availability of myriad operating systems giving rise to complex situations, however, is forecast to pose a threat to the growth of the mobile device management market over the ensuing years. Nevertheless, extensive research & development activities taking place across the mobile device management sector will open new growth vistas for the industry, thereby normalizing the impact of hindrances on the mobile device management market, reports the study.
Regionally, North America has been leading the worldwide mobile device management market and is anticipated to continue on the dominant position in the years to come, states the mobile device management market study. The humungous presence of mobile users along with the growing BYOD trend witnessed across the region is the main factor behind the dominance of the North America mobile device management market. Large-scale penetration of smartphones and tablets in the region is another significant factor that is supporting the expansion of this regional mobile device management market.
The global mobile device management market is segmented as follows:
Global Mobile Device Management Market: Solution Segment Analysis
Global Mobile Device Management Market: Vertical Segment Analysis
Global Mobile Device Management Market: Regional Segment Analysis
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