Mobile Device Management Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Mobile Device Management Market
The Mobile Device Management market size was valued at USD 9.38 billion in 2023, and the market is now projected to grow from USD 12.15 billion in 2024 to USD 85.37 billion by 2032, exhibiting a CAGR of 27.6% during the forecast period of 2024-2032.
The COVID-19 pandemic made most of the industries to work remotely. The greater amount of work being done at home poses the issue of supply shortages and exposes personal information to risk. In many industries, companies drag MDM operations to implement their security features to cover the security loopholes and embrace the security-oriented approaches. This is the factor that the Mobile Device Management market growth has immense potential.
Personal equipment such as cell phones, smart phones and laptops, which have much more sophisticated functions than company-provided devices and have the ability to carry a person's work even out of office hours and from anywhere, is one of the primary reasons behind this culture. Numerous people primarily use device for getting information are their smartphones or tablets. Although mobility is rapidly adopted in educational and business settings, it also requires more solid data and content security to prevent the unauthorized use of valuable business data. Consequently, entities are to avail mobile security measures such as mobile device management in Mobile Device Management Market share. IT specialists are now capable of overseeing, setting up, or deploying Chromebooks, smartphones, tablets, and kiosks that can be managed from a single remotely located interface.
The switch from traditional work environments to BYOD is a major trend, which is facilitated by the growth of the remote work. With the growing number of remote workers, today, securing corporate networks is more complex and there is a need for widespread adoption of BYOD strategies. Enterprise organizations across sectors like government, healthcare, and retail embrace BYOD to boost productivity, cut infrastructure costs and lead to innovation for global expansion.
Comprehensive Analysis of Mobile Device Management Market
The Mobile Device Management market and Information & Communication Technology industry is growing at an exponential rate due to its market segmentation. These segmentations are methodically segregated by Deployment Analysis, by Enterprise Type Analysis and by end-users analysis. The Deployment Analysis include, cloud and on-premises. The Enterprise Type Analysis includes SMEs and large enterprise. However, the end-user analysis includes BFSI, IT & telecommunication, government, healthcare, retail, and others (transportation, education, and others).
The North America region lead the Mobile Device Management market by benefitting a market size of USD 369 billion in 2023 due to the region's increase is attributed to multinational businesses actively upgrading their mobile IT infrastructure to deal with the demands of converting competitive environments and preserve up with the full-size local version in compliance rules.
The top players in the market play a crucial role in the Information & Communication Technology industry assuring industrial prospectus development and setting market standards. These players IBM Corporation (U.S.), include, VMware Inc. (U.S.), Checkpoint Software Technologies Ltd. (Israel), Microsoft Corporation (U.S.), Soti Inc. (Canada), Scalefusion (India), Citrix Systems Inc. (U.S.), Miradore Ltd. (Finland), Hexnode (U.S.), Codeproof Technologies Inc. (U.S.) these market players provide a competitive landscape.
In October 2023, ASBIS signed a distribution agreement with ProMobi Technologies for the Scalefusion UEM software expansion. The cooperation enabled ASBIS in Cookry to grow its distribution product line with mobile device management solutions.
Segmentation Table
Attribute Details
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 27.6% from 2024 to 2032
Unit Values (USD Billion)
Segmentation By Deployment
On-premise
Cloud
By Enterprise Type
Large Enterprise
Small & Medium Size Enterprises
By End-User
BFSI
IT and Telecommunications
Government
Healthcare
Retail
Others (Transportation, Education, and Others)
By Region
North America (Deployment, Enterprise Type, End-User, and Country)
- U.S. (By End-User)
- Canada (By End-User)
- Mexico (By End-User)
South America (Deployment, Enterprise Type, End-User, and Country)
- Brazil (By End-User)
- Argentina (By End-User)
- Rest of South America
Europe (Deployment, Enterprise Type, End-User, and Country)
- U.K. (By End-User)
- Germany (By End-User)
- France (By End-User)
- Italy (By End-User)
- Spain (By End-User)
- Russia (By End-User)
- Benelux (By End-User)
- Nordics (By End-User
- Rest of Europe
Middle East & Africa (Deployment, Enterprise Type, End-User, and Country)
- Turkey (By End-User)
- Israel (By End-User)
- GCC (By End-User)
- North Africa (By End-User)
- South Africa (By End-User)
- Rest of Middle East & Africa
Asia Pacific (Deployment, Enterprise Type, End-User, and Country)
- China (By End-User)
- India (By End-User)
- Japan (By End-User)
- South Korea (By End-User)
- ASEAN (By End-User)
- Oceania (By End-User)
- Rest of Asia Pacific
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