Mobile device management solution is used for safeguarding ad protecting desktops, laptops, smartphones and every other electronic device being used in an organization. It is a nascent technology with immense potential for large-scale market penetration.
Increasing demand for IT services is expected to impact the growth pace of the mobile device management market favorably over the next couple of years. The product has found a core application in the IT department of organizations. Technological advancements across different industry domains are prognosticated to prompt the growth of the mobile device management market in the years to come.
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The rising adoption of Bring Your Own Device (BYOD) culture is projected to spur the growth of the market in the nearby future. Also, increasing cases of data theft and cyberattacks are expected to catalyze the growth pace of the mobile device management market over the next couple of years.
Rising adoption of new technologies and business applications resonate strong growth potential for the participants of the mobile device management market. However, on the flip side, budgetary constraints of small & medium organizations are anticipated to restrict the growth of the market over the next couple of years. In addition, the issues related to the privacy of the employees are also poised to check the growth of the mobile device management market in the upcoming years.
BlackBerry (Canada), VMware (US), Microsoft (US), IBM (US), SAP (Germany), MobileIron (US), Citrix Systems (US), AirWatch (US), SOTI (Canada), and Sophos (UK) are few of the noted participants of the global mobile device management market. Other players anticipated to have an impact on the growth of the market over the next couple of years are 42Gears Mobility Systems (India), ManageEngine (US), Mitsogo (US), FiberLink Communications, and Good Technology (US). Ley players are investing in research & development for technological advancements. This, in turn, is prognosticated to intensify the competition in the mobile device management market in the years to come.
The segments of the global mobile device management market, on the basis of vertical, profiled in this MRFR report are BFSI, telecommunication, media and entertainment, government and public sector, retail, healthcare, education, transportation and logistics, software and technology, manufacturing, and others.
The segments of the mobile device management market, on the basis of deployment, are on cloud and on-premise.
On the basis of type, the mobile device management market has been bifurcated into service and solutions.
Based on organization size, the global mobile device management market has been divided into small and medium-sized enterprise, and large enterprise.
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The regional segments of the global mobile device management market assessed in this MRFR report are North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW). North America is expected to dominate the growth trajectory of the global market owing to the rising adoption of BYOD culture. Europe is at the second spot and is expected to maintain it over the next couple of years. Rising adoption of the technology in different organizations is expected to catapult the mobile device management market on upward trajectory. Also, the advanced technological infrastructure of the region is poised to boost the growth of the regional market over the next couple of years. Asia Pacific is projected to exhibit robust growth in the years to come. The strong economic growth of the region is anticipated to have a favorable impact on the expansion of the mobile device management market in the upcoming years.
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