Mobile Device Management Market Trend, Share, Growth, Size, and Forecast 2030

The global Mobile Device Management Market accrued earnings worth approximately 4.5 (USD Billion) in 2021 and is predicted to gain revenue of about 18.3 (USD Billion) by 2028, is set to record a CAGR of nearly 25.1% over the period from 2022 to 2028. The study provides assessment and analysis of the Mobile Device Management Market on a global & regional level. It offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2021 along with a forecast from 2022 to 2028 based on revenue (USD Billion).

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Mobile Device Management Market: Overview

Mobile device management services have become necessary as it ensures storage security of data stored in smartphones. With rising cyber-security concerns and large-scale installation of mobile device management tools, the market is set to register incredible growth in foreseeable future. Furthermore, firms have experienced swift increment in acceptance of mobile equipment to access sensitive information. Shifting trend from corporate data to cloud-based infrastructure will steer expansion of mobile device management industry.

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Mobile Device Management Market: Growth Drivers

Growth of mobile device management industry over forecasting timespan is owing to rise in data leakage threats from smartphones and iphones. In addition to this, surging bring your own device (BYOD) coupled with surging safety concerns of protecting company data will prompt growth in size of mobile device management market. Furthermore, swiftly expanding fleet of smartphones has enhanced popularity of mobile device management business. Equipment without mobile device management protection is prone to get affected due to malware as well as other virus attacks and this can pose a huge data leak risk, thereby driving market trends.

With onset of new networking technologies such as 5G resulting in massive use of smart equipment, IoT, AI, VR, and AR, the market for mobile device management is anticipated to gain traction in years to come. In addition to this, outbreak of COVID-19 has led firms adopt work-from-home policy and this has resulted into employee working from remote location, thereby posing a threat of data security lapses as well as risk of data theft. This, in turn, will generate huge growth opportunities for mobile device management market.

Report Scope:

Mobile Device Management Market: Regional Landscape

North America To Lead Mobile Device Management Market Over 2022-2028

Growth of mobile device management industry in North America in forecasting timespan is subject to surging demand for new technologies across myriad end-use industries in region. In addition to this, rise in usage of iphones & smartphones and technological innovations will steer expansion of mobile device management industry in North America over forthcoming years. Surge in installation of 5G solutions and need for security in enterprises will embellish expansion of regional market in years ahead. Many of firms in Canada and the U.S. are setting up enterprise mobility solutions that assist in effective managing of dynamic workforce, thereby protecting content from data breaches as well as cyber-attacks, data loss, & security threats. This will boost regional market proliferation.

Mobile Device Management Market: Competitive  Insights

Key players favorably influencing growth of mobile device management market and profiled in study are BlackBerry Ltd., IBM Corporation, Sophos Group plc, Citrix systems, Inc., VMware AirWatch, SOTI, Inc., MobileIron, Inc., NetPlus Broadband, Amtel, Inc., SAP SE, Symantec Corporation, and Microsoft Corporation.

The global Mobile Device Management Market is segmented as follows:

By Solutions

• Device Management
• Deployment Management
• Security Management
• Network Service Management

By Application

• Education
• Healthcare
• Banking, Financial Services, And Insurance (BFSI)
• Retail
• Manufacturing

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa