According
to the new market research report "Mobile
Device Management (MDM) Market by Type (Solution (Device Management,
Application Management, & Security Management), and Service), Deployment
Type (Cloud & On-Premises), Organization Size, Industry Vertical, and
Region - Global Forecast to 2023", published by MarketsandMarkets™, the Mobile Device Management (MDM)
market size is expected to grow from USD 2.81 Billion in 2018 to USD 7.86
Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 22.8% during the
forecast period.
The propagation of
smartphones and tablets, the growing security concerns to protect corporate
data, and the increasing need for MDM solutions to manage and synchronize
different platforms through a single console are expected to be the major
factors in driving the MDM market.
MDM solutions segment is expected to hold a larger market size during
the forecast period
Among the solutions and services segment, the MDM
solutions segment is expected to hold a larger market size during the forecast
period. The uptake of corporate-owned devices and advancements in business
applications and technologies are expected to have driven the adoption of MDM
solutions across businesses. However, the MDM solution providers have been
developing and delivering a range of solutions, such as device management,
application management, security management, and email management, in the MDM
suite, so that these solutions can match up to the business needs of
enterprises.
Browse and
in-depth TOC on "Mobile
Device Management (MDM) Market"
76
- Tables
44
- Figures
144
- Pages
Get Free 10%
Customization @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=105562389
Cloud
deployment type is expected to witness a faster growth rate during the forecast
period
Under the deployment types, the cloud deployment type is expected to hold
the larger market size. It is also expected to grow at a higher CAGR during the
forecast period. Most of the industry verticals, such as telecom, manufacturing
and automotive, education, transportation, logistics, utilities, and retail,
prefer cloud-based MDM solutions. In addition to this, the Small and
Medium-sized Enterprises (SMEs) are also rapidly moving toward the cloud
deployment type, due to budget constraints and the ease of accessibility of
cloud-based MDM solutions.
Healthcare industry vertical is
expected to grow at the highest CAGR during the forecast period
In the industry vertical segment, the healthcare industry vertical is
expected to be one of the fastest growing in the MDM market. The increasing
world population, changing lifestyle, and the increasing awareness of
health-related issues are expected to have collectively contributed to the
massive growth of the healthcare industry vertical. Furthermore, the wide use
of mobile devices among patients, doctors, nurses, and other supporting staff
has increased across the globe. This is expected to drive the adoption of MDM
solutions in this industry vertical.
North America is expected to
hold the largest market size, whereas Asia Pacific (APAC) to grow at the
highest CAGR during the forecast period
Among regions, North America is expected to hold the largest market size
in the MDM market during the forecast period, followed by the European region.
The North American region has been receptive toward adopting MDM solutions
within organizations to safeguard its content from piracy and data breaches,
web and network threat security, cyber-attacks, and severe data losses. The US
and Canada are expected to be the major contributing countries to this region;
almost all major companies of the MDM market are located in these 2 countries.
In terms of the growth rate, the APAC region is expected to experience a
strong growth in the coming years, as organizations in this region are looking
forward to adopting enterprise mobility solutions for meeting their demands of
a dynamic mobile workforce. Economic growth, young population, cloud-based
solutions for SMEs, use of local brand tablets and smartphones for business
purposes, and the growing Bring Your Own Device (BYOD) trend are expected to be
some of the factors that are driving the overall MDM market in this region.
Major vendors providing
data historian software and services include General Electric, ABB, Emerson
Electric, Siemens AG, AVEVA Group, Honeywell, Rockwell Automation, OSIsoft,
ICONICS, IBM, Yokogawa, PTC, Inductive Automation, Canary Labs, Open Automation
Software, InfluxData, Progea, Kx Systems, Sorbotics, Savigent Software,
Automsoft, LiveData Utilities, Industrial Video & Control, Aspen
Technology, and COPA-DATA.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B
research on 30,000 high growth niche opportunities/threats which will impact
70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers
worldwide including 80% of global Fortune 1000 companies as clients. Almost
75,000 top officers across eight industries worldwide approach
MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at
MarketsandMarkets™ are tracking global high growth markets following the
"Growth Engagement Model – GEM". The GEM aims at proactive
collaboration with the clients to identify new opportunities, identify most
important customers, write "Attack, avoid and defend" strategies,
identify sources of incremental revenues for both the company and its
competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants
(Positioning top players across leaders, emerging companies, innovators,
strategic players) annually in high growth emerging segments.
MarketsandMarkets™ is determined to benefit more than 10,000 companies this
year for their revenue planning and help them take their
innovations/disruptions early to the market by providing them research ahead of
the curve.
MarketsandMarkets’s flagship competitive
intelligence and market research platform, "Knowledge Store" connects
over 200,000 markets and entire value chains for deeper understanding of the
unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/mobile-device-management-market.asp
Visit Our Website: https://www.marketsandmarkets.comResearch Insight: https://www.marketsandmarkets.com/ResearchInsight/mobile-device-management-market.asp
No comments:
Post a Comment