Mobile Device Management Market Growing at a CAGR 29.6% | Key Player IBM, Blackberry, Microsoft, Mobileiron, VMware

September 01 11:12 2020
Mobile Device Management Market Growing at a CAGR 29.6% | Key Player IBM, Blackberry, Microsoft, Mobileiron, VMware

VMware (US), Microsoft (US), IBM (US), Blackberry (Canada), Citrix Systems (US), MobileIron (US), Ivanti (US), 42Gears Mobility Systems (India), Matrix42 (Germany), ManageEngine (US), Snow Software (Sweden), Sophos (UK), SOTI (Canada), SAP (Germany), Google (US), Mitsogo (US), Baramundi Software AG (Germany), AppTech (Switzerland), Jamf (US)
Mobile Device Management Market by Component (Solutions and Services), Deployment (Cloud and On-Premises), Organization Size (Large Enterprises and SMEs), Operating System, Vertical (BFSI, Telecom, Healthcare), and Region – Global Forecast to 2025

MarketsandMarkets forecasts the global Mobile Device Management (MDM) Market size to grow from USD 4.3 billion in 2020 to USD 15.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 29.6% during the forecast period. MDM is a software solution used by enterprises to manage, monitor, and secure mobile devices, such as smartphones, laptops, and tablets, across all mobile platforms in an organization. MDM is also used to optimize the security and functionality of connected devices in enterprises, while simultaneously protecting the organization’s network.

The solutions segment to hold a larger market size during the forecast period

Based on component, the solutions segment of the MDM market is projected to hold a larger market size during the forecast period. Enterprises have to monitor several devices in their network, whether they are corporate-owned devices or personal devices of employees. MDM solutions deal with deploying, integrating, securing, monitoring, and managing mobile devices, such as smartphones, laptops, and tablets/phablets in the workplace. For the enterprises dealing with BYOD, MDM is becoming a dynamic solution in ensuring general device management and device security. As many organizations have either permitted or cautiously enabled a BYOD corporate policy, MDM is the foundational technology to manage employee-owned devices. MDM solutions help in device management, application management, security management, and others (mobile email management, mobile kiosk management, and mobile expense management). In today’s digital era, the trend of digital transformation has dramatically changed the way businesses function.

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By services, the managed services segment to record a higher growth rate during the forecast period

Managed services are offered by third-party vendors that manage software and application updates. These services help organizations monitor various endpoints and ensure that security policies are appropriately configured. Organizations that opt for managed services are able to receive scheduled reports on various devices. Managed services also provide access to industry best practices and deep-rooted transformation expertise without impairing the internal operations of organizations. They offer technical skills that are required to maintain and update the software in the MDM solution.

The key and emerging market players in the MDM market include VMware(US), Microsoft(US), IBM (US), Blackberry(Canada), Citrix Systems(US), MobileIron (US), Ivanti(US), 42Gears Mobility Systems(India), Matrix42(Germany), ManageEngine(US), Snow Software(Sweden), Sophos (UK), SOTI (Canada), SAP (Germany), Google (US), Mitsogo (US), Baramundi Software AG  (Germany), AppTech (Switzerland), Jamf (US), SolarWinds (US), Quest Software (US), Miradore (Finland), ProMobi Technologies (India), Cisco (US), Samsung (South Korea), Micro Focus (UK), 1Mobility (India), Kandji (US), Addigy (US), Codeproof Technologies (US), and Rippling (US). These players have adopted various strategies to grow in the global MDM market.

IBM helps enterprises in simplifying the management of their device environment through MDM that combines user, app, and content management with strong data security. IBM MaaS360 with Watson MDM enables enterprises to gain adequate visibility, manageability, and security for running iOS, macOS, Android, and Windows. MaaS360 MDM, along with the Enterprise Mobility Management (EMM) solution, helps enterprises to manage specific OS, multiple devices types, or a mixed environment between corporate and Bring Your Own Device (BYOD). MaaS360 MDM helps organizations gain multi-OS device management from one platform by offering Apple MDM security, Android MDM security, Windows MDM security, ruggedized Android mobile devices, and IoT device deployments. The MaaS360 with Watson has evolved into Unified Endpoint Management (UEM), leaving behind MDM and Enterprise Mobility Management (EMM) to deliver mobile security through an AI-infused, cloud-based, integrated platform. UEM helps IT and security leaders with the technology they need to manage and secure smartphones, tablets, laptops, desktops, wearables, and IoT.

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Blackberry is another leading company in the MDM market. The company focuses on organic growth strategies to expand its business in the MDM market with latest innovations and developments. BlackBerry Spark UEM Suites consist of MDM, Mobile Application Management (MAM), Mobile Content Management (MCM), and Identity and Access Management (IAM). It offers a single platform that streamlines the management process across devices, apps, files, and users. It can be delivered on-premises, as a cloud service, or as a hybrid model. BlackBerry MDM supports a wide range of mobile devices that run on platforms, such as iOS, Android, Windows, macOS, and BlackBerry. It further enables multiple ownership models, such as BYOD; Company Owned, Personally Enabled (COPE); and Company Owned, Business Only (COBO). The BlackBerry Spark UEM suite helps deliver consistent MDM policies and controls across key platforms and device ownership models.

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