New York, USA, January 11, 2022 (GLOBE NEWSWIRE) – According to a report published by Research Dive, the global mobile device management market should generate a turnover of $ 24,161.1 million and go up to a 28.2% CAGR during the forecast period of 2019-2027.
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According to our analysts, the increase in the manufacturing of new mobile phones in the world is expected to experience gradual growth during the analysis period. In addition, the increasing use of mobile devices for better support and functionality is expected to drive the growth of the mobile device management market during the forecast period. Moreover, the increasing demand for security concerns to protect corporate data is expected to propel the market growth during the estimated period. However, strict government rules and regulations may hamper the growth of the market during the analysis period.
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Mobile Device Management Market Segments
The report has divided the mobile device management market into different segments based on type of deployment, organization size, industry vertical, and region.
Type of deployment: Cloud sub-segment will be the most lucrative
The cloud sub-segment is expected to increase at a CAGR of 29.9% during the analysis period. The growing use of the cloud in mobile device management, helping employees to work remotely without hampering the security of the organization, is expected to drive the growth of the mobile device management market sub-segment during the period. forecast.
Size of the organization: small and medium sub-segments should be the most productive
The small and medium sub-segment is expected to grow at a CAGR of 29.7% during the estimated period. This is mainly due to the fact that many small and medium-sized businesses use many mobile devices for their employees to perform official tasks via mobiles. Further, the increasing adoption of mobile device management software for securing mobile devices is expected to fuel the growth of the mobile device management market sub-segment throughout the analysis period.
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Vertical sector: the retail sub-segment will be the most profitable
The retail sub-segment is expected to grow at a CAGR of 29.4% during the analysis period. Growing usage of mobile devices by retailers for various operational purposes such as day-to-day data tracking and securing is expected to amplify the growth of Mobile Device Management market sub-segment during the estimated period.
Region: Asia-Pacific region will have the largest market share
the The Asia-Pacific region is expected to grow at a CAGR of 29.1% during the estimated period. Increasing relocation of large number of companies to this region due to the availability of skilled labor force and falling investment costs is expected to drive the regional growth of the market during the period. analysis.
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Key players in the mobile device management market
2. SAP SE
4. Cisco System Inc.,
8. Citrix Systems Inc.,
9. VMware Inc.,
10. Quest software
For example, in 2019, IBM, one of America’s leading multinational technology companies, announced its collaboration with Watson, a natural language question-and-answer computer system developed as part of the DeepQA project of ‘IBM. With this collaboration, IBM launched its very first Android company named “MaaS360”, which is primarily designed for enterprise mobility management solutions.
In addition, the report also summarizes the product portfolio, latest strategic developments, SWOT analysis and financial performance of major players. Click here for the Top Business Development Strategies Summary Report.
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