What Are The Top Trends in The Global Mobile Device Management Market?

Posted by Andrew Thomas on March 5th, 2019

With the rise of the Bring Your Own Device concept and changing work culture across the globe, the need for a solution that monitors, manages, secures and supports mobile devices deployed across a shared network has increased. The concept of enterprise mobility leverages the full efficiency and productivity of the employees and leads to greater returns on investment.  Mobile device management has the potential to manage multiple mobile devices working within the enterprise mobility framework and enable secured and faster sharing of information among the various departments in organizations.

According to research by a leading market research firm, the global mobile device management market is expected to grow and reach approximately USD 6.96 Bn by 2023, expanding at a compound annual growth rate (CAGR) of 25.84% during 2018-2023. Rising demand for mobile analytics is one of the key trends of the mobile device management market. Mobility analytics analyses people behavior on the basis of the real-time flow of blended data. Mobility analytics enable organizations to leverage the current data of their customers to evaluate the changing needs of the customers. Even small FMCG companies receive deeper penetration into the market through mobility analytics.

The global mobile device management market analysis report mention a few trends dominating mobile devices management:

1. MDM market consolidation: Mobile device management is growing rapidly to cater to the demands of the organizations for complete suites which include multiple tools for software, device and app management. Enterprise mobility management is revealing itself as a holistic solution for the management of devices and also integrates automatic updates across multiple devices at the same time. Vendors in the MDM market are seeking to merge with EMM to offer a more holistic approach to the end-users. MDM vendors will continue to integrate with system integrators, mobile operators and other new technologies.

2. Rise in demand from SMEs: MDM enterprises software provides the regular feedback SMEs need on their services, along with constant innovation on the part of product and service offerings. The high adoption of Internet-enabled wireless devices such as smartphones, tablets, laptops among employees even requires MDM software to manage.

3. Adoption of SaaS-based MDM solutions in developing countries: Developing countries like China and India are rapidly adopting SaaS-based solutions which is good news for MDM enterprise software market. In developing countries, most enterprises do not have the capital to invest in on-premise applications, SaaS-based MDM software is a cheaper alternative.

4. The growth of the internet of things (IoT): Rising sales of smartphones, laptops, and others have led to the growing adoption of IoT technology. IoT devices have a positive impact on the demand for management market due to its benefits such as enhanced resilience and reactivity, strengthen productivity & performance and uptime management & security.

As the corporate world has become increasingly mobile-based, end-users have no other alternative, but to adopt MDM software to keep their business secure and stable. Mobile Device Management or MDM solutions are used to tackle various issues resulting from the Bring Your Own Device culture. The global mobile device management market will not be going anywhere but up in the coming years.