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Enterprise Mobility Management Market 2024 Global Size | Future Outlook, Share, Trends, Type, Application
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Enterprise Mobility Management Market size is expected to grow from USD 16.6 billion in 2020 to USD 63.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 25.1% during the forecast period according to report published by MarketsandMarkets. EMM is a software solution used by enterprises to manage, monitor, and secure mobile devices, such as smartphones, laptops, and tablets, across all mobile platforms in an organization. EMM is also used to optimize the security and functionality of connected devices in enterprises, while simultaneously protecting the organization’s network.
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Increasing use of devices and data by companies to know more about their core business processes driving the adoption of managed services segment of EMM platforms during the forecast period
Managed services are offered by third-party vendors that manage software and solution updates. These services help organizations monitor various endpoints and ensure that security policies are appropriately configured. Organizations that opt for managed services are able to receive scheduled reports on various devices. Managed services also provide access to industry best practices and deep-rooted transformation expertise without impairing the internal operations of organizations. They offer technical skills that are required to maintain and update the software in the EMM solution.
Rising need to secure data by large firms to drive the demand for on-premises to hold a larger market size
Data security concerns among the end-users is contributing to the higher adoption of on-premises EMM solution globally. The on-premised EMM solution is majorly deployed by the large organizations as it has better ability to invest. Moreover, large firms have wide variety of business segment with serving to broader geographical reason hence data security is of utmost importance.
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North America to dominate the market during the forecast period
North America is estimated to account for the largest share of the market in 2020. North America constitutes of developed economies, such as the US and Canada. The North America EMM market holds the highest market share. Along with digitalization, the desire to increase the efficiency and productivity of mobile devices is one of the factor for the growth of the market. A surge in the dependence on BYOD and CYOD trends in the US and Canada provide employees real-time access to various data and applications, which has also led to the region adopting EMM solutions. An increase in the usage of mobile devices by employees at work is a norm practiced by companies of all sizes.
The major vendors offering EMM solutions are IBM (US), Microsoft (US), Cisco (US), BlackBerry (Canada), VMware (US), SAP (Germany), Citrix (US), Matrix42 (Germany), MobileIron (US), Nationsky (China), Snow Software (Sweden), Sophos (UK), SOTI (Canada), Codeproof (US), Netplus Mobility (US), Hexnode (US), ManageEngine (US), Miradore (Finland), Quest Software (US), Ivanti(US), Scalefusion (India), 42Gears Mobility Systems (India), Social Mobile (US), AppTech (Switzerland), and Jamf (US).
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MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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