Enterprise Mobility Management Market to Grow at a CAGR of 30% by 2023
Category: #reports  By Ronak Bora  Date: 2019-02-11
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Enterprise Mobility Management Market to Grow at a CAGR of 30% by 2023

Enterprise mobility management market is expected to grow at a CAGR of over 30% over the forecast period. Increase in data as well as mobile devices coupled with competitive pressure are anticipated to drive demand. It involves combination of Mobile Application Management (MAM), Mobile Information Management (MIM) and Mobile Device Management (MDM). MAM controls the applications that are needed; MIM allocates only approved applications to access and transmits the corporate data, while MDM locks down mobile devices. With increasing adoption of these technologies, vendors have started customization by adding MIM or MAM features to MDM.

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Mobile devices are increasingly adopted owing to several advantages such as Internet access, personalized information and enterprise data. Companies are required to manage mobile devices, workspace, mobile content, and mobile application in order to minimize the overabundance of information, applications, and devices in the enterprises. Proliferating implementation of mobile applications is expected to surge the need to control the applications security, data and version. This is chiefly required in applications namely payments, loyalty and banking, where personal information is transacted by using mobile device. The aforementioned factors are anticipated to fuel the enterprise mobility management market growth over the forecast period.

The enterprise mobility management market can be segmented on the basis of service, end-user, solution, and vertical. Support and maintenance and professional services are the major service segments, while MCM, MAM, and MDM are the key solutions provided. The prime end-users are Small and Medium Business (SMB) and enterprises. Chief verticals include consumer goods and retail, automotive, government and defense, BFSI, healthcare, telecom and information technology (IT), logistics, travel and transportation, and manufacturing.

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The telecom and IT sector is expected to face challenges related to move from using a browser to use of native application as well as introduction of set of insecurely joined mobile devices, which has significantly exaggerated the industry growth. In addition, change of applications to the cloud environment and access with the help of mobile devices is likely to increase demand. Companies can enhance their decision making abilities as well as operational efficiency with the assistance of real time data. The end-to-end BYOD or mobility solution provides management technology as well as security. It also offers remote access to the corporate resources such as systems, content management, and application.

Asia Pacific enterprise mobility management market is likely to observe significant gains over the coming few years. This can be mainly attributed to escalating demand from countries such as India, China and Japan. In addition, strong initiatives to improve internet services and rising number of internet subscribers have also boosted the demand in this region over the forecast period. Latin America and Middle East & Africa (MEA) are anticipated grow at high rates owing to increasing acceptance of this technology.

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Key providers accounting for major enterprise mobility management market share include Microsoft Corporation, Okta, MobileIron, Apperian, Symantec Corporation, IBM, VMware Inc, Amtel Inc, Sap, Citrix Systems Inc, Soti, Good Technology, Dell, and Hyper Office.

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About Author

Ronak Bora

Email: [email protected]   

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for News.Marketsizeforecasters and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, ...

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