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Mobile Device Management Market worth $22.0 billion by 2027 - Exclusive Report by MarketsandMarkets™

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MarketsandMarkets

13 Feb, 2023, 15:30 GMT

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CHICAGO, Feb. 13, 2023 /PRNewswire/ -- The Global Mobile Device Management Market size is expected to grow from USD 6.9 billion in 2022 to USD 22.0 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 26.1%  during the forecast period, according to a new report by MarketsandMarkets™.

The increasing 5G transformation of mobile devices is driving the growth of the MDM market.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=105562389

Services segment is to grow at the highest CAGR during the forecast period

Services are vital for managing mobile devices in a corporate setting. Most MDM suppliers provide support services to businesses in order to increase income. Professional and managed services are the two main categories of services they provide. The three subcategories of professional services include consulting, implementation, and support services.
MDM service providers make money by helping businesses select the right MDM solution depending on their needs. By educating the IT staff to properly implement the deployed MDM systems, they also aid in the installation process of MDM solutions. On the other side, managed services assist firms in reducing security risks and safeguarding company data. Overall, effective service delivery increases operational effectiveness, system reliability, and cost savings for businesses.

Security management segment is expected to grow at a higher CAGR during the forecast period

Trends like BYOD and CYOD are prevalent in businesses. Because of this, companies give workers access to sensitive information via their own devices in order to boost productivity. The organization is now more vulnerable to hacks because employees can now access the company's critical data from their devices. By identifying latent data breach incidents across the corporate network, security management systems assist enterprises in protecting this data that is accessed and shared via mobile devices.

With a prompt response to a potential data breach, it tracks, notifies, and avoids incidences of data loss. With the use of geofencing, app-sharing permissions, and restriction controls, the solution secures company data. Any malware attack that enters the network port is monitored, detected, and alerted to, and the device is automatically fixed utilising remote lock and quarantine management. Passwords, Personal Identification Numbers (PINs), screen lock patterns, and other restrictions can also be set using this tool. Data security, device security, and application security are the main features of the security management solution. The security management solution protects company data and gives mobile users a superior, hassle-free experience.

Request Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=105562389

North America region to record the highest growing region in the Mobile Device Management Market

The MDM market in North America accounts for the biggest market share. One of the drivers of market expansion, along with digitalization, is the desire to boost mobile devices' productivity and efficiency. Employees in the US and Canada have an increased reliance on BYOD and CYOD trends that give them real-time access to a variety of data and applications, which has also prompted the region to adopt MDM solutions. Employers of all sizes routinely permit their staff members to use their mobile devices at work. Because of the compact nature of mobile devices, it has been simple to carry sensitive firm data, but the risk of data loss and security breaches has significantly increased. Governments have prepared a number of protective strategies to safeguard data. An example of a set of requirements is the Critical Infrastructure Protection (CIP) plan of the North American Electric Reliability Corporation (NERC), which is intended to secure the resources needed to run the bulk electric system in North America. Technicians are using mobile devices—from smartphones to tablets—more frequently to maintain vital infrastructure.

Key and innovative vendors in the Mobile Device Management Market are VMware (US), Microsoft (US), IBM (US), Blackberry (Canada), Citrix (US), Google (US), Cisco (US), Samsung (South Korea), Micro Focus (UK), ZOHO (India), SolarWinds (US), SAP (Germany), Quest Software (US), Ivanti (US), Sophos (US), SOTI (Canada), Jamf (US), Qualys (US), Snow Software (Sweden), Matrix 42 (Germany), Rippling (US), 42Gears (US), ProMobi (India), Baramundi (Germany), Mitsogo Inc (US), Codeproof Technologies (US), AppTec (Switzerland), Addigy (US), Kandji (US).

Browse Adjacent Market: Mobility and Telecom Market Research Reports & Consulting

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Push to Talk Market - Global Forecast to 2026

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are moulded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit MarketsandMarkets™  or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com
Research Insight:  https://www.marketsandmarkets.com/ResearchInsight/mobile-device-management-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/mobile-device-management.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

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