Mobile Device Management Market 2022 Key Players, SWOT Analysis, Key Indicators & Forecast to 2028

The worldwide mobile device management market is esteemed at US$ 4.5 Bn in 2022, and is supposed to arrive at US$ 15.9 Bn by 2028, growing at an amazing CAGR of 23.5% over the estimate time of 2022-2028. These mobile device management bits of knowledge are given in a refreshed examination by Future Market Insights.

FMI delivers key insights on the global mobile device management market in its report titled “Mobile Device Management Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028.” With respect to the deployment type of mobile device management, the cloud sub-segment is expected to register the highest growth in the global mobile device management market.

Under the mobile device management solution segment, the service management sub-segment is expected to dominate the global mobile device management market throughout the forecast period. On the basis of business size, large enterprises are expected to register the highest market share in the global mobile device management market by the end of the forecast period. On the basis of the vertical type of the mobile device management market, the education industry segment is expected to witness a higher growth rate as compared to other verticals.

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The global annual revenue from the deployment of mobile device management solutions is expected to be valued at US$ 15,899.6 Mn by the end of 2028. The dominant regions, i.e. North America, China, SEA and others of APAC and Western Europe, are expected to collectively account for a majority share of the global mobile device management market.

The mobile device management market in Southeast Asia & other Asia Pacific economies and China are likely to dominate the global mobile device management market over the forecast period.

In the coming years, small and medium enterprises are expected to be the top adopters of mobile device management solutions. Mobile device management helps enterprises improve their business functionality and security of data by minimising operating costs and improving productivity.

Investments in mobile device management are witnessing significant growth. These factors are expected to boost the mobile device management market across the globe. Furthermore, mobile device management has also been adopted by various governments for securing the data from online predators and other external & internal threats.

On the basis of FMI analysis, mobile device management is adopted by several organisations in the recent years and many more organisations are expected to adopt this technology in the near future. One of the major factors driving the global mobile device management market is the digital transformation that is gaining traction in manufacturing, retail, IT, education and wholesale industries.

The market in the Southeast Asia and others of Asia Pacific region is expected to present the most attractive opportunities for mobile device management software developers, followed by China. The mobile device management market in SEA and others of APAC is estimated to expand at a significant CAGR in terms of value over the forecast period.

Furthermore, the mobile device management market in Latin America is also expected to witness significantly high growth. The market value of mobile device management in SEA and Others of APAC region is projected to register a total incremental opportunity of US$ 1,536.3 Mn.

However, by the end of 2028, the North American mobile device management market is expected to continue dominating the global mobile device management market due to the large presence of mobile users as well as a strong platform for the growth of multiple industries in the region.

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According to FMI analysis, the launch of advanced intelligent mobile device management by mobile device management providers as well as strategic collaborations, acquisitions and mergers will help increase the overall corporate revenue in the global mobile device management market. Examples of some of the market participants in the global mobile device management market report are VMware, Inc.; Blackberry; Microsoft Corporation; MobileIron Inc.; Citrix Systems, Inc.; SAP SE; IBM; SOTI Inc.; JAMF and Cisco.

COVID-19 Crisis Evaluation

The COVID-19pandemic of 2020 took the world by surprise and completely redefined the way our world functions in the most fundamental ways. People across the world were confined to their homes due to lockdown restrictions and this completely flipped the tide in favor of digital technology which came to the rescue and provided a safe alternative to keep some aspects of economies running without risking the spread of coronavirus.

Digitization and technological proliferation rose exponentially in the pandemic and so did the need for mobile device management as many organizations provided devices to their employees to work from home and managing them were crucial to the security of the organizations.

As technology becomes a vital part of our lifestyle and more mobile devices are used, demand for mobile device management is anticipated to see high growth in the post-pandemic era.

Competitive Landscape

Mobile device management leaders are focusing on developing advanced solutions capable of performing multiple tasks and securing devices in an effective and efficient manner. Growing number of devices can prove to be a challenge for some mobile device management solutions, as they max out after a certain number of devices.

  • In November 2021, PMC a leading technology company announced the launch of its new mobile device management and support services. This new service would help the B2C organizations and retail organizations manage their mobile devices growth which is growing increasingly complex as the number of devices increases.
  • In December 2021, TESSCO Technologies Incorporated, a leading solutions provider in wireless infrastructure ecosystem announced an update to its latest Device Lifecycle Management platform. The platform provides remote monitoring, multi-vendor network support for device management, and other features to efficiently manage all the devices across multiple levels.

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Key Segments of Mobile Device Management Industry Survey

Mobile Device Management Market by Deployment Type:

  • Cloud Mobile Device Management
  • On-premise Mobile Device Management

Mobile Device Management Market by Solution:

  • Device Management
  • Application Management
  • Content Management
  • Service Management
  • Security Management

Mobile Device Management Market by Business Size:

  • Mobile Device Management for Large Enterprises
  • Mobile Device Management for SMBs

Mobile Device Management Market by Vertical:

  • Mobile Device Management for Governments
  • Mobile Device Management for Healthcare
  • Mobile Device Management for Education
  • Mobile Device Management for BFSI
  • Mobile Device Management for IT & Telecommunication
  • Mobile Device Management for Retail
  • Mobile Device Management for Construction
  • Mobile Device Management for Transportation and Logistics
  • Mobile Device Management for Manufacturing
  • Mobile Device Management for Media & Entertainment

Mobile Device Management Market by Region:

  • North America Mobile Device Management Market
  • Latin America Mobile Device Management Market
  • Europe Mobile Device Management Market
  • East Asia Mobile Device Management Market
  • South Asia & Pacific Mobile Device Management Market
  • Middle East & Africa (MEA) Mobile Device Management Market

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