Global Mobile Device Management (MDM) Market: Overview
In the last few years, the use of tablets and smartphone have increased tremendously, due to which the market is likely to encourage the development of the mobile device management market over the coming years. The research study offers an in-depth analysis of the market and also talks about the growth prospects for the new entrants. As per the study, the market is likely to exhibit a promising growth rate in the next few years.
Global Mobile Device Management (MDM) Market: Key Trends
A significant rise in the cloud-based deployment by the SMES is estimated to enhance the growth of the market in the coming years. Also, the integration of mobile device management capabilities into the UEM suite is another key factor that is estimated to accelerate the growth of the market in the near future. On the other hand, the reduction in the adoption of Bring Your Own Device among businesses and the people are quite reluctant on using the mobile device management solutions on their personal devices are projected to inhibit the development of the market in the next few years. Nonetheless, the rising productivity of both enterprises and employees, thus enhancing the overall growth of the market in the next few years.
Global Mobile Device Management (MDM) Market: Market Potential
The increasing security concerns so as to protect the corporate data and the rise in the level of awareness among people concerning the advantages of using mobile device management are projected to enhance the growth of the overall market in the next few years. In addition to this, the growing need for MDM solutions in order to manage and further synchronize several different platforms using a single console is predicted to supplement the market growth in the coming years.
Global Mobile Device Management (MDM) Market: Regional Outlook
On a geographical front, North America is projected to account for a huge share of the mobile device management market in the next few years. The high adoption of mobile device management solutions within a large number of organizations in order to protect their content from data breach and piracy is predicted to ensure the growth of the North America market in the next few years. In addition to this, the rising cases of cyber-attacks is another factor that is projected to ensure the growth of the market in the coming years. Furthermore, Canada and the U.S. has been contributing substantially, thanks to which the market is anticipated to witness a healthy growth in the next few years. With the development of the IT sector, Asia Pacific is estimated to grow at a promising rate in the next few years.
Global Mobile Device Management (MDM) Market: Competitive Analysis
The global market for mobile device management is developing at a fast pace and is likely to observe a promising growth over the next few years. The prominent players in the market are predicted to make some enormous investments for the development of new products, which is likely to support the growth of the market in the next few years. In addition, the rising research projects are further predicted to ensure the growth of the market in the near future. Some of the prominent players engaged in the mobile device management market across the globe are VMware (US), MobileIron (US), Citrix Systems (US), SAP (Germany), 42Gears Mobility Systems (India), Mitsogo (US), BlackBerry (Canada), IBM (US), SOTI (Canada), Sophos (UK), ManageEngine (US), and Microsoft (US).
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.