Pune, India -- (SBWIRE) -- 08/31/2020 -- Global Mobile Device Management Market

The global Mobile Device Management Market is studied in detail in the new report on Qualiket Research. The new report studies the Mobile Device Management Market by profiling its major driving factors and restraining factors, compiling a comprehensive database on the market's historical growth trajectory and present conditions, and by using easy formulation of calculations and estimations through the use of industry-leading analytical tools and methods.

Global Mobile Device Management Market was valued at USD 3.27 billion in 2019 which is expected to reach USD 20.97 billion by 2027 at a CAGR 27.22%.

Smartphones and several other mobile devices have become a part of daily life. These devices are vulnerable to threats regarding security. Mobile device management is a type of software employed by IT departments to secure, monitor, and store information about mobile devices. Many organizations make use of third-party mobile device management software for managing its mobile devices.

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Increase in adoption of cloud based deployment by the small and medium size enterprises is the key driving factor which is expected to boost the global device management market growth. Cloud based solutions empower the information technology team with functionality such as to enroll, manage, protect, and lock devices from a remote location. Modern mobile devices use various operating systems which demands regular firmware updates of their platforms for smooth functioning of the devices. Furthermore, the integration of mobile device management capabilities into the UEM suite will positively contribute the market growth. Moreover, increase in productivity of both enterprises and employees will propel the Global Mobile Device Management Market growth during this analysis period.

However, high initial investment during the deployment in the infrastructure is major challenging factor which is expected to hamper the global device management market growth. Also, compliance with stringent rules and regulations will affect the market growth over the forecast period.

Market Key Players

Various key players are discussed in this report such as IBM, BLACKBERRY, MICROSOFT, MOBILEIRON, VMWARE, CITRIX SYSTEMS, SOPHOS, SAP, and GOOGLE

Market Taxonomy

By Solution

- Application Management
- Device Management
- Security Management

By Deployment Type

- On-Premise
- Cloud

By End User

- Telecom & Information
- BFSI
- Healthcare
- Retail
- Government
- Manufacturing
- Others

By Region

- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa

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