The Mobile Device Management Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Mobile Device Management Global Market Report 2024, The mobile device management market size has grown exponentially in recent years. It will grow from $8.88 billion in 2023 to $10.94 billion in 2024 at a compound annual growth rate (CAGR) of 23.3%. The growth in the historic period can be attributed to bring your own device (BYOD) trend, security and compliance requirements, enterprise mobility and productivity, remote workforce management, application management needs.
The mobile device management market size is expected to see exponential growth in the next few years. It will grow to $26.76 billion in 2028 at a compound annual growth rate (CAGR) of 25.0%. The growth in the forecast period can be attributed to increased complexity in device ecosystems, IoT device management demand, focus on user experience, strategic mobile policies, integration with endpoint security. Major trends in the forecast period include application security and containerization, artificial intelligence (AI) for threat detection, mobile threat defense (MTD), geofencing and location-based policies.
The immense growth of the mobile workforce within enterprises is contributing to the growth of the mobile device management market. A mobile workforce refers to a group of employees that isn’t bound by a central physical location. Companies are increasingly using mobile device management for monitoring and security of mobile devices, such as smartphones and tablets, in the workplace. The strong growth in the workforce and the need to secure connectivity among the workforce is expected to boost the mobile device management market. For instance, in April 2022, according to the survey conducted by the Australian Bureau of Statistics, an Australian-based self-governing legal organization tasked with acquiring and evaluating data and delivering fact-based recommendations to federal, state, and territorial governments, almost half of all Australian employees (46%) currently work from home to some extent. In addition, 34% of Australian firms use teleworking agreements for at least some of their personnel. Thus, the growth in mobile workforce within enterprise will boost mobile device management market.
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The mobile device management market covered in this report is segmented –
1) By Component: Solution, Services
2) By Operating System: iOS, Android, Windows, MacOS, Other Operating systems (Linux)
3) By Deployment Mode: On-Premises, Cloud
4) By Organization Size: Small and Medium Enterprises, Large Enterprises
5) By Vertical: Banking, Financial Services and Insurance, Telecom, Retail, Healthcare, Education, Transport and Logistics, Government and Public Sector, Manufacturing and Automotive, and Other Verticals
Major companies operating in the mobile device management market are focusing on developing innovative products, such as mobile device support and management services, to better meet the needs of their existing consumers. Mobile device support and management services are a collection of offerings meant to help organizations manage, secure, and support mobile devices more effectively. For instance, in November 2021, PMC, a UK-based consulting firm for retail IT services and solutions, launched a unique mobile device support and management service that provides active end-to-end administration of a client’s mobile device estate. The service delivers online protection, device location monitoring, and comprehensive man-in-the-middle threat detection, with device security at its core. The solution includes mobile device setup, enrollment, and managing policies to assure device compliance, enhance device uptime, and maximize employee productivity. This reduces the possibility of shop disruption in the event of device failure. The PMC service additionally offers 24×7, real-time help to store employees to resolve issues as quickly as possible. The quality-of-service delivery is measured against industry-leading SLAs.
The mobile device management market report table of contents includes:
1. Executive Summary
2. Mobile Device Management Market Characteristics
3. Mobile Device Management Market Trends And Strategies
4. Mobile Device Management Market – Macro Economic Scenario
5. Global Mobile Device Management Market Size and Growth
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26. South America Mobile Device Management Market
27. Brazil Mobile Device Management Market
28. Middle East Mobile Device Management Market
29. Africa Mobile Device Management Market
30. Mobile Device Management Market Competitive Landscape And Company Profiles
Top Major Players:
- Google LLC
- Samsung Electronics Co Ltd
- Microsoft Corporation
- International Business Machines Corporation (IBM)
- Cisco Systems Inc
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