Enterprise Mobility Management Market to Reach $69.12 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO, June 8, 2023 /PRNewswire/ -- The global enterprise mobility management market size is estimated to reach USD 69.12 billion by 2030, expanding at a CAGR of 23.8% from 2023 to 2030, according to the recent reports of Grand View Research, Inc. The market growth can be attributed to the proliferation of mobile devices and the rising trend of work from policies led by the COVID-19 pandemic. Further, end-user companies shifting focus on remote working to improve employees' productivity is creating a favorable environment for the market. Enterprise mobility management (EMM) solutions enable end-user companies to update, control, or erase the data of mobile devices remotely, supporting the market growth.

Key Industry Insights & Findings from the report:

• The services segment is expected to register a CAGR of 24.7% from 2023 to 2030. Shifting end-user focus on adopting customized EMM solutions as per business needs and optimizing their operating costs is driving the growth of the services segment.
• The Mobile Identity Management (MIM) segment is anticipated to grow at a CAGR of 26.6% from 2023 to 2030. The MIM segment enables secure access to digital content, ensures data security, & privacy, and provides user-friendly experiences, creating a positive outlook for the EMM market.
• The professional services segment is anticipated to grow at a CAGR of 25.2% from 2023 to 2030. The professional services ensure smooth deployment of the enterprise mobility management solution and assist organizations in secure connection of their mobile devices with cloud platforms, supporting the industry trend. Further, it also helps in managing various solutions such as mobile workforce management, mobile data management, and mobile security, driving the growth of the market.
• The support & maintenance segment is anticipated to grow at a CAGR of 27.0% from 2023 to 2030. The EMM support & maintenance services assist organizations in improving the operational efficiency of the deployed EMM solutions and upgrade the EMM solution regularly to make them capable of providing security against evolving cybersecurity threats.
• The cloud-based segment is anticipated to expand at a CAGR of 25.2% from 2023 to 2030. The significant growth can be attributed to the hassle-free deployment of cloud-based EMM solutions, low investment in physical infrastructure, and enhanced remote management. Market players' focus on developing diverse cloud-based EMM solutions is expected to fuel the growth of the cloud-based market in the forecast period.
• The small & medium-sized enterprises segment is anticipated to expand at a CAGR of 24.5% from 2023 to 2030. The rising digital security concerns and availability of low-cost EMM solutions are propelling the growth of the EMM market in SMEs.
• The retail segment is anticipated to grow at a CAGR of 28.0% from 2023 to 2030. Retailers are using mobile devices, such as Point-of-sale (POS) terminals and kiosks, to enhance the customers' shopping experience. To ensure the security and data privacy of all these mobile devices, retailers are investing in cyber security solutions, creating robust opportunities for the market in the retail sector.
• The Asia Pacific segment is anticipated to register a CAGR of 26.1% from 2023 to 2030. The growing public & private investment in digitalization and various countries' government emphasis on strengthening digital security across the country is accelerating the proliferation of the Asia Pacific market.

Read 130-page market research report, "Enterprise Mobility Management Market Size, Share & Trends Analysis Report By Solution, By Software, By Services, By Professional Services, By Deployment, By Enterprise Size, By Vertical, By Region, And Segment Forecasts, 2023 - 2030", published by Grand View Research.

Enterprise Mobility Management Market Growth & Trends

Rapid development in network infrastructure, supportive government initiatives for digitization, and the increasing trend of Bring Your Own Device (BYOD) are some of the key factors attracting hackers & cybercriminals, resulting in data theft and data loss from mobile devices. The majority of end-user companies are adopting EMM solutions to protect their business-critical data from mobile devices, creating robust opportunities for the market. EMM solutions also offer various benefits to employees through their mobile devices, such as remote access to enterprise resources, a secure web browser, mobile threat defense, mobile content management, mobile device provisioning, and document editing.

The increasing demand for enterprise mobility management solutions across the globe is encouraging market players to invest in their R&D to expand their product portfolio, supporting the growth of the market for enterprise mobility management. Companies such as Sektor, HMD Global, and Zoho Corporation Pvt. Ltd. are adopting various business strategies to stay competitive in the market. For instance, in May 2021, the consumer electronics company, HMD Global launched an EMM solution, HMD Enable Pro, to assist organizations in enhancing the security of smartphones and setting up security policies. Further, in August 2021, mobile device company Sektor partnered with SOTI, an EMM firm, to strengthen its EMM portfolio and expand its business operations in Vietnam, Thailand, Malaysia, New Zealand, and Australia.

Enterprise Mobility Management Market Segmentation

Grand View Research has segmented the global enterprise mobility management market based on solution, software, services, professional services, deployment, enterprise size, vertical, and region

Enterprise Mobility Management (EMM) Market - Solution Outlook (Revenue, USD Billion, 2018 - 2030)

• Software
• Services

Enterprise Mobility Management (EMM) Market - Software Outlook (Revenue, USD Billion, 2018 - 2030)

• Mobile Device Management
• Mobile Identity Management
• Mobile Content Management
• Mobile Application Management
• Others (Mobile Expense Management, Identity and Access Management)

Enterprise Mobility Management (EMM) Market - Services Outlook (Revenue, USD Billion, 2018 - 2030)

• Professional Services
• Managed Services

Enterprise Mobility Management (EMM) Market - Professional Services Outlook (Revenue, USD Billion, 2018 - 2030)

• Consulting
• Integration
• Support and Maintenance

Enterprise Mobility Management (EMM) Market - Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

• Cloud
• On-premise

Enterprise Mobility Management (EMM) Market - Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)

• Small and Medium-sized Enterprises
• Large Enterprises

Enterprise Mobility Management (EMM) Market - Vertical Outlook (Revenue, USD Billion,2018 - 2030)

• BFSI
• IT and Telecom
• Retail
• Healthcare
• Transportation and Logistics
• Manufacturing
• Government
• Others (Aerospace & Defense, Education)

Enterprise Mobility Management (EMM) Market - Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Italy
• Spain
• Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Latin America
• Brazil
• Mexico
• Argentina
• Middle East & Africa
• U.A.E
• Saudi Arabia
• South Africa

List of Key Players in the Enterprise Mobility Management Market

• Cisco Systems, Inc.
• SAP SE
• Broadcom, Inc.
• AppTec GmbH
• VMware, Inc.
• Citrix Systems
• Ivanti
• IBM Corporation
• Microsoft Corporation
• Micro Focus
• Zoho Corporation Pvt. Ltd.
• Matrix42
• Sophos
• Blackberry
• Esper

Check out more related studies published by Grand View Research:

• Mobile Security Market - The global mobile security market size is expected to reach USD 7.08 billion by 2027, registering a CAGR of 10.7% from 2020 to 2027, according to the new study conducted by Grand View Research, Inc. Mobile security breaches, data thefts, and phishing attacks continue to rise with the growing number of portable devices. Furthermore, growing stringent regulations in organizations and increasing IT complexities in business environments are expected to drive the demand for safety solutions and services. The threat actors are increasingly targeting consumers and businesses of all sizes by taking advantage of their vulnerabilities in device infrastructures, solutions, and online services.
• Unified Threat Management Market - The global unified threat management market size is expected to reach USD 10.09 billion by 2025 at a CAGR of 14.5% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. Unified threat management (UTM) solutions eliminate the need for enhanced technical support and require fewer updates and contracts to manage network. This helps the end users to increase IT staff productivity and minimize operational costs. Latest trends, such as Bring-Your-Own-Device (BYOD), web applications, and virtualization, have compelled enterprises to prepare for emerging security risks in their networks, in addition to the growing concerns of internal and external threats. Growing number of such threats is impelling enterprises to adopt UTM solutions.
• Cyber Insurance Market - The global cyber insurance market size is expected to reach USD 19.2 billion by 2025, expanding at a CAGR of 25.6% over the forecast period, according to a new report by Grand View Research, Inc. Cyber insurance is anticipated to aid businesses in minimizing losses incurred due to potential threats of cybercrimes such as ransomware, malware, distributed denial-of-service attacks, or other threats, which can severely compromise a network. Cyber insurance covers the liability of a business for breach of data, comprising sensitive customer information such as credit card details, social security numbers, drivers' license numbers, account details, and health records.

Browse through Grand View Research's Network Security Industry Research Reports.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
Grand View Compass | Astra ESG Solutions
Follow Us: LinkedIn | Twitter

Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg