Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 9.10 Billion | USD 67.26 Billion | 22.1% | 2024 |
The global mobile device management market size was worth around USD 9.10 Billion in 2024 and is predicted to grow to around USD 67.26 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 22.1% between 2025 and 2034.
The report analyzes the global mobile device management market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the mobile device management industry.
Mobile device management services have become necessary as they ensure the storage security of data stored in smartphones. With rising cyber-security concerns and large-scale installation of mobile device management tools, the market is set to register incredible growth in the foreseeable future.
Furthermore, firms have experienced swift increments in acceptance of mobile equipment to access sensitive information. Shifting the trend from corporate data to cloud-based infrastructure will steer the expansion of the mobile device management industry.
The growth of the mobile device management industry over the forecasting timespan is owing to a rise in data leakage threats from smartphones and iPhones. In addition to this, surging bring your own device (BYOD) coupled with surging safety concerns of protecting company data will prompt growth in size of the mobile device management market. Furthermore, the swiftly expanding fleet of smartphones has enhanced the popularity of the mobile device management business. Equipment without mobile device management protection is prone to get affected due to malware as well as other virus attacks and this can pose a huge data leak risk, thereby driving market trends.
With onset of new networking technologies such as 5G resulting in massive use of smart equipment, IoT, AI, VR, and AR, the market for mobile device management is anticipated to gain traction in years to come. In addition to this, outbreak of COVID-19 has led firms adopt a work-from-home policy and this has resulted into employee working from remote location, thereby posing a threat of data security lapses as well as risk of data theft. This, in turn, will generate huge growth opportunities for mobile device management market.
The global mobile device management market is segmented by solution, application, and region.
Based on the solution, the mobile device management market has been segmented into device management, application management, security management, network service management, and others. The mobile device management market was dominated by the application management segment. Further, it is expected to continue its dominance in the global market over the forecast period as well as be the fastest-growing solution in this market. Security management, device management and network service management segments are expected to exhibit considerable growth in the next few years.
By application, the mobile device management market can be segmented based on vertical into education, healthcare, banking, financial services, and insurance (BFSI), retail, manufacturing, and others. This market was dominated by banking, financial services, and insurance segments in 2015. Furthermore, education is expected to be the fastest-growing vertical in this market.
Report Attributes | Report Details |
---|---|
Report Name | Mobile Device Management Market |
Market Size in 2024 | USD 9.10 Billion |
Market Forecast in 2034 | USD 67.26 Billion |
Growth Rate | CAGR of 22.1% |
Number of Pages | 190 |
Key Companies Covered | BlackBerry Ltd., IBM Corporation, Sophos Group plc, Citrix Systems Inc., VMware AirWatch, SOTI Inc., MobileIron Inc., NetPlus Broadband, Amtel Inc., SAP SE, Symantec Corporation, Microsoft Corporation., and others., and others. |
Segments Covered | By Solutions, By Application, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America To Lead Mobile Device Management Market Over 2025-2034
The growth of the mobile device management industry in North America in forecasting timespan is subject to surging demand for new technologies across myriad end-use industries in region. In addition to this, the rise in usage of iPhones & smartphones and technological innovations will steer the expansion of mobile device management industry in North America over forthcoming years.
Surge in installation of 5G solutions and need for security in enterprises will embellish expansion of regional market in years ahead. Many of firms in Canada and the U.S. are setting up enterprise mobility solutions that assist in effective managing of dynamic workforce, thereby protecting content from data breaches as well as cyber-attacks, data loss, & security threats. This will boost regional market proliferation.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the mobile device management market on a global and regional basis.
The global mobile device management market is dominated by players like:
The global mobile device management market is segmented as follows;
By Solutions
By Application
By Region
FrequentlyAsked Questions
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed