NEW YORK, U.S., June 20, 2022 (GLOBE NEWSWIRE) — Research Dive has added a new report on the global Mobile Device Management Market to its repository. According to the report, the global market is expected reached $24,161.1 million by 2027rising at a beat CAGR of 28.2% out 2019 to 2027. This report is an in-depth study that offers meticulous insights into the present situation and future scope of the global industry. The report is prepared by experienced market analysts and ensures to be a reliable source of data and comprehensive market insights for new entrants, investors, dominant players, stakeholders, shareholders, etc.
The report segments the Global market for mobile device management in organization size, deployment type, industry and region.
Grow your business globally, connect with our expert analyst for more mobile device management market insights
Small and medium sub-segment with the highest growth
Under the organization size segment, the small and medium-sized sub-segment is expected to lead the market, Growth at a CAGR of 29.7% over the estimated period. This is mainly due to the increasing demand and acceptance of mobile devices in several small and medium-sized companies to enable smooth functioning of operational work remotely.
Cloud sub-segment to experience dominant growth
Among the deployment types, the cloud sub-segment is expected to capture the highest market share. Growing at 29.9% CAGR over the estimated period. This is largely due to the increasing adoption of cloud services in mobile device management as they improve employee efficiency by enabling remote working and access to corporate data anytime, anywhere without compromising the security of sensitive data affect.
retail trade Maximum growth sub-segment
Among the vertical segments, the retail sub-segment is expected to capture the largest market share, Growth at a CAGR of 29.4% over the estimated period. This is mainly due to the increasing acceptance of mobile devices in retail for operational management work and for securing organizational data.
The Asia-Pacific Mobile Device Management market is growing rapidly
The report analyzes the global mobile device management market in several regions such as North America, Europe, Asia Pacific and LAMEA. Among these, the Asia-Pacific market is estimated to be notable Growth at a CAGR of 29.1% over the estimated period. The growth of the regional market is mainly attributed to the increasing implementation of mobile device management solutions by several companies relocating in this region.
Request Customization of Mobile Device Management Market Report
Impact of COVID-19 Pandemic on Mobile Device Management Market:
The abrupt rise of the COVID-19 pandemic in 2020 has impacted the growth of the global mobile device management market in an optimistic manner. The implementation of lockdown restrictions has shut down many businesses, forcing them to adopt a work-from-home culture. This has significantly increased the demand for mobile device management services worldwide to protect corporate data. All these factors have greatly propelled the growth of mobile device management market during the pandemic period.
Factors affecting Mobile Device Management market growth:
The key factor behind the growth of the global mobile device management market is the concern of companies to protect corporate data while working remotely. Moreover, increasing technical developments in mobile device management methods and rising cyber attacks in various industrial sectors are forecast to open doors to beneficial opportunities for the growth of the market during the forecast period. However, the implementation of strict rules and regulations by the government regarding access to organizational data is expected to hamper the market growth.
Top listed manufacturers for the mobile device management market are:
The report lists some of the leading players in the global industry including
- Cisco Systems Inc.
- Citrix Systems Inc.
- Quest software
- VMware Inc. and others.
The report also offers several industry-leading tactics and approaches such as key strategic moves and developments, product/service offering, business performance, Porter’s five forces analysis, and SWOT analysis of the leading players operating in the global industry .
Request an exclusive PDF sample of Mobile Device Management Market
For example, in December 2020, Googlean American multinational technology company, has launched a new type of mobile management and security solution, Android Enterprise Essentials, which, regardless of its name, is actually designed for small and medium-sized businesses.
Additional Information About Mobile Device Management Market: