(PRWEB) July 28, 2014
The report "Mobile Device Management Market", defines and segments the global MDM market into various sub segments with an in-depth analysis and forecasting of market sizes. The report also identifies the factors driving the market, various restraints and opportunities impacting it along with the adoption trends.
Browse more than 66 market data tables 20 figures spread through 144 pages and in-depth TOC on "Mobile Device Management Market - Global Advancements, Market Forecast and Analysis - 2019"
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The rapid adoption of mobile devices by employees to access the corporate data has lead to the introduction of Mobile Device Management (MDM). MDM solutions have been adopted by organizations to secure the corporate data and build a mobile environment where employees can access business information from all locations. MDM solutions not only help organizations to improve employee’s productivity but also help to improve employee satisfaction by providing employees with real time information.
The Consumerization of IT, data security concerns in organizations and increasing number of mobile devices being used for business purposes are acting as the drivers for the MDM market. Security and data loss are major concerns for organizations that permit its employees to use mobile devices at work. MDM solutions can be implemented by organizations through cloud-based services and on-premise deployment models.
The cloud-based deployment type is growing in demand especially in the regions of North America and Europe because of lower complexity and cost involved
Mobile Device Management (MDM) solutions have been accepted by organizations from various industry verticals, but are still a challenge for Small and Medium Businesses (SMBs) where cost is a major constraint. Availability of various mobile device operating systems has made the solutions more complex as the need to support multi OSs from one platform, has further increased the cost of MDM solutions. The MDM market is consolidated with a lot of big players which has made it difficult for small and new players to enter the market.
Mobile Device Management solutions offer organizations to secure business information from all mobile devices which have access to the corporate network. These solutions manage devices, applications, hardware, network service, and network access control. The latest MDM solutions are offered as packaged solutions by the vendors, which have lead to the increased usage of mobile devices for business purposes and has made the work environment more mobile. These technologies have the potential to transform business processes, by making it easier and simpler for organizations to communicate with one’s employees irrespective of the location, and thereby, consequently increasing the organizations productivity.
This report analyzes the way MDM will help organizations to maintain business operations on mobile devices. It also analyzes the rate of growth and implementation of this technology across various industry verticals and regions.
MarketsandMarkets forecasts the global Mobile Device Management Market to grow from $1.01 billion in 2013 to $3.94 billion by 2019 at an estimated CAGR of 26.8%. North America (NA) is expected to be the largest market in terms of market size, while Europe and APAC are expected to experience an increase in market traction during the forecast period.
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