Global mobile device management market forecast

NEW YORK, USA, September 21, 2022 (GLOBE NEWSWIRE) – According to a report published by Research Dive, the Global mobile device management market expected to be born Revenues of $24,161.1 million and grow in Compound annual growth rate of 28.2% Throughout the analysis period from 2019 to 2027.

According to our analysts, with the increasing implementation of mobile device management to increase device support capability, security, and collaboration functions, the mobile device management market is expected to witness gradual growth during the estimated period. Moreover, the growing security concern for corporate data protection is expected to boost market growth over the time frame of the analysis. However, strict government rules and regulations regarding data security restriction may hamper market growth during the forecast period.

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Mobile Device Management Market Segments

The report has segmented the Mobile Device Management market into segments based on deployment type, organization size, industry segment, and region.

Deployment type: To be the most productive sub-slide of the cloud

The cloud sub-sector is expected to grow at a CAGR of 29.9% throughout the forecast period. The increased use of cloud deployment mode in mobile management to enhance company efficiency by allowing employees to work remotely is expected to fuel the growth of the market sub-segment during the analysis period.

Enterprise size: Small and medium sub-segment will be the most profitable

SMEs are expected to grow at a compound annual growth rate of 29.7% over the projected time frame. The increasing adoption of mobile device management software across small and medium enterprises to secure mobile devices is expected to drive further growth of the market sub-segment during the estimated period.

Industry segment: Retail sub-segment to be more advantageous

The retail sub-sector is expected to grow at a CAGR of 29.4% throughout the analysis period. The increasing demand for mobile device management software by retailers to secure and track data on a daily basis is expected to amplify the growth of the market sub-segment during the forecast period.

Region: Asia Pacific has huge growth opportunities

The Asia Pacific Mobile Device Management region is expected to grow at a CAGR of 29.1% over the time frame of the analysis. The relocation of a large number of firms across this region due to the availability of skilled labor and the low cost of investment in setting up a business is expected to drive the regional growth of the market over the estimated period.

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The impact of Covid-19 on the mobile device management market

The emergence of the novel coronavirus has had a positive impact on the mobile device management market. The pandemic has forced organizations to adopt work-from-home facilities for their employees for safety reasons. This has led to an increased demand for mobile device management software to manage work through cloud services. Moreover, the increasing adoption of mobile device management software by many companies to protect their data has fueled market growth during the pandemic.

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Major Players in the Mobile Device Management Market

The major players in the mobile device management market include

  1. Samsung
  2. Microsoft
  3. Black Berry
  4. Cisco System Inc.
  5. Citrix Systems Inc
  6. The Google
  7. VMware Corporation
  8. SAP SE
  9. Quest Software
  10. IBM and many more.

These players are extensively working on developing new business strategies such as product development, partnerships, collaboration, mergers and acquisitions to reach a leading position in the global industry. Buy the full report starting at $2999 (read only)

for example, In May 2020, Sinch ABThe telecommunications and cloud-as-a-service (PaaS) platform has announced its partnership with SAP SE, a German multinational software company. Through this collaboration, the companies aim to focus on digital business transformation by creating a first-class customer experience and ensuring the highest possible quality of services with better software solutions.

Moreover, the report also summarizes other vital aspects including SWOT analysis, financial performance of major players, product portfolio, and the latest strategic developments.

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