The global mobile device management market is expected to generate revenue of USD 24.161 billion at a compound annual growth rate of 28.2% during the forecast period from 2020 to 2027-COVID-19 impact analysis [170 pages] Research dive report


New York, USA, May 31, 2021 (GLOBE NEWSWIRE) – According to a report published by Research Dive, Global mobile device management market Expected to record revenue By 2027, it will be 24.161 billion U.S. dollars, with a compound annual growth rate of 28.2%, which is higher than the 3.0199 million U.S. dollars in 2019The inclusive report provides a brief overview of the current situation of the market, including important aspects of the market during the forecast period, including growth factors, challenges, constraints and various opportunities. The report also provides all market data, making it easier and helpful for new participants to understand the market.

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Market dynamics

Mobile device management software helps enhance device security, support, and business operations, while providing users with flexibility. The indoctrination process of mobile device management is easy. It is done by distributing applications, data and configuration settings for all types of smartphones with the help of cloud services. In addition, in recent years, corporate data has become the primary target of cybercriminals, and security issues have received increasing attention. These are the main factors contributing to the growth of the global mobile device management market.

See how COVID-19 affects the mobile device management market. Click here to contact our analysts for more market insights:

Mobile device management software restricts unauthorized persons (including governments) from accessing data. This factor is expected to hinder market growth during the forecast period.

Market segments

The report divides the market into different market segments based on deployment type, organization size, vertical and regional prospects.

Deployment Type: Expected most profitable cloud market segment

The cloud division generated $1.3907 billion in revenue in 2019 and is expected to achieve the highest revenue by 2027 at a compound annual growth rate of 29.9%. The main reason behind this growth is the benefits of using the cloud in mobile device management. Using the cloud can improve employee efficiency in a remote working culture without compromising the security of the organization.

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Organization size: Small and medium-sized departments with the highest expected profit

The small and medium market segment created revenue of US$1.244.6 billion in 2019 and is expected to grow further at a compound annual growth rate of 29.7% in the next few years. Due to the advantages of mobile devices, such as easy access, amazing networking opportunities, and security, small and medium-sized organizations are adopting mobile device management software. This is the reason behind the growth of market segments.

Industry Vertical: The retail sector is expected to gain the highest market share

The retail segment is expected to achieve the highest growth rate at a compound annual growth rate of 29.4% during the forecast period. In the retail industry, retailers are using mobile devices for operations. Mobile device management software protects and helps track data on a regular basis. This is the main factor affecting the growth of this market segment.

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Region: The Asia-Pacific region is expected to dominate the market

The Asia-Pacific market recorded US$814.8 million in revenue in 2019 and is expected to continue to grow at a compound annual growth rate of 29.1% during the forecast period. The main factor behind this growth is the presence of major companies in the industry in the region.

Main players and strategies

3. Google
4. Cisco Systems,
5. Microsoft
7. Blackberry
8. Citrix Systems,
9. VMware,
10. Explore software

For example, in February 2021, global IT and network leader Cisco announced the completion of the acquisition of IMImobile PLC., a global leader in cloud communications software and services. By combining IMImobile’s solution with the Webex contact center, Cisco hopes to provide a powerful customer experience as a service (CXaaS) solution. This new product integrates artificial intelligence, experience management, cloud contact center, collaboration and communication platform as a service. This solution enables organizations to provide an outstanding customer experience.

The report also summarizes many important aspects, including the financial performance of the major players, SWOT analysis, product portfolio and the latest strategic developments. Click here for the summary report on the development strategy of the absolute top company.

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Mr. Abhishek Paliwal
Research Dive
30 Wall St. 8th Floor, New York NY 10005
(P) +91-(788)-802-9103 (India)
Toll Free: 1-888-961-4454

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