People’s daily routines are increasingly dependent on mobile devices like smartphones and tablets. Smartphones accounted for 65 percent of all connections in 2019, according to the Mobile Economy 2020 report from the Global System for Mobile Communications Association (GSMA). By 2025, this number is expected to rise to 5.8 billion, with smartphones accounting for an 80 percent share of all connections. It is becoming increasingly common for businesses to use mobile devices to boost productivity by allowing employees to access email, calendars, and other information from any location. To stay ahead of the competition, companies are increasingly turning to mobile technology. With the development of mobile devices, enterprises are being compelled to incorporate mobile security measures including Mobile Device Management (MDM), Mobile App Management (MAM), and Mobile Content Management (MCM). Mobile devices including smartphones, tablets, chromebooks, and kiosks may now be managed by IT administrators from a single console.
It is predicted that a large increase in cloud-based deployment by small and medium-sized organizations would boost the growth of mobile device management in coming years, according to the current mobile device management industry trends and predictions. In addition, the integration of mobile device management capabilities into the UEM suite is another important element that is expected to boost the growth of android device management in the near future, according to industry predictions.
According to Zion Market Research, the global Mobile Device Management Market generated earnings of approximately 4.5 (USD Billion) in 2021 and is expected to generate revenues of approximately 18.3 (USD Billion) by 2028, representing a compound annual growth rate (CAGR) of nearly 25.1 percent over the period from 2022 to 2028.
Analysis of the Competitors
Companies such as Citrix Systems Inc. and Microsoft Corporation, as well as BlackBerry Ltd. and IBM Corporation, Samsung Electronics and Cisco System, as well as Vmware Inc. and SAP SE and Quest Software and Sophos Ltd., are featured in the Mobile Device Management industry report (PDF). To increase their market penetration, these significant companies have implemented methods such as product portfolio growth, mergers and acquisitions, partnerships, geographical expansion, and collaborations.