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Report Overview
The global mobile device management market is expected to reach a value of more than USD 8.64 Billion in 2023. The industry is expected to grow at a CAGR of 21.90% during the forecast period of 2024-2032. Need for secure management of enterprise devices and data drives mobile device management, ensuring compliance, productivity, and protection against cyber threats. This will compel the industry to further attain a value of USD 51.35 Billion by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
- Mandating the registration of government-issued mobile devices within 72 hours of issuance by the U.S. Fish and Wildlife Service strengthens compliance and security protocols. Such policies will, therefore, spur demand for robust mobile device management solutions in the public sector, as government agencies will focus on standardized security and management practices for sensitive data and devices, thereby augmenting the growth of the mobile device management market.
- With the rise of remote work and BYOD policies, organizations need more sophisticated mobile device management solutions to secure various devices and networks. This trend opens up a bigger market as organizations are willing to invest in scalable Mobile Device Management tools to manage workforce mobility, address cybersecurity issues, and ensure regulatory compliance across geographically dispersed teams.
- Developing mobile device management solutions tailored for SMEs presents an important growth opportunity. The small and medium enterprises seek user-friendly, affordable data security tools that will not stretch their budgets. Creating a product specifically for SMEs would capture a large market base and push the adoption rates as well as the market scope around the world.
Competitive Landscape
The Mobile Device Management market players are focusing on scaling up cloud-based MDM solutions with scalability, flexibility, and cost efficiency. Security is now prioritised more than ever, especially given the rise of BYOD policies and remote working arrangements, where data becomes sensitive. Mobile device management companies have integrated AI and machine learning into their solutions to identify threats ahead of time and gain automation in device management.
Key Market Players
Key industry leaders in this market are:
IBM Corporation is a pioneer in technology and innovation known for its significant contributions to the field of information technology and innovation. Since its establishment in 1911 as the Computing-Tabulating-Recording Company (CTR), the company has evolved over the years to become one of the world's most influential tech giants. From its early days as a producer of punch card machines and time clocks, IBM quickly adapted to changing technological landscapes, cementing its reputation as an industry innovator.
Microsoft Corporation is a widely known tech conglomerate in the world. The company was founded in 1975 and has since developed a speciality in government business software, cloud computing, artificial intelligence, machine learning, and quantum computing. The company is also known for video game development and its gaming console Xbox.
SOTI Inc. is an internationally recognised company, renowned for its groundbreaking contributions to the realm of mobile and IoT device management. The company was founded in 1995 and is a global provider of enterprise software solutions. Its speciality lies in mobile device management (MDM), bring your own device (BYOD), mobile application management (MAM), and IoT, among others.
Other global mobile device management market players include VMware, Inc., AO Kaspersky Lab, Broadcom Inc., Cloud Software Group, Inc., Ivanti Inc., and Jamf Software, LLC, among others.
Mobile Device Management Market Report Snapshots
Mobile Device Management Market Size
Mobile Device Management Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 8.64 Billion.
The mobile device management market is assessed to grow at a CAGR of 21.90% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of around USD 51.35 Billion by 2032.
The market is driven by the increasing adoption of mobile-centric software in different sectors and the rising demand for management software for a multi-device network.
The growing use of MDM solutions to solve data security issues associated with remote work and the rising adoption of bring-your-own-device (BYOD) practices are the key trends guiding the market.
The major regional markets are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different end-uses are BFSI, IT and telecom, retail, healthcare, and government, among others.
The key players in the market include IBM Corporation, Microsoft Corporation, SOTI Inc., VMware, Inc., AO Kaspersky Lab, Broadcom Inc., Cloud Software Group, Inc., Ivanti Inc., and Jamf Software, LLC, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124