Enterprise Mobility Management Market to surpass USD 36.28 billion by 2031 from USD 12.44 billion in 2021 at a CAGR of 11.3% within the coming years, i.e., 2021-31.
Enterprise Mobility Management refers to a set of people, events, and mechanisms which focusses on handling the mobile apparatus, mobile calculation solutions, and more in business context. This Enterprise Mobility Management is beneficial in emergency of mobility management services which is valuable in serving main challenges faced by modern corporates where they have met difficulties in embracing safe information technology combination.
Enterprise Mobility Management Market is predicted to project a notable CAGR of 11.3% in 2031
Rising acceptance of smart devices along with increasing wireless structure are the major components driving the demand for Enterprise Mobility Management Market. Furthermore, the rising need for refining communication among staff and to recover productivity in a cost-effective way will add to the growing demand for these solutions. The trend towards mechanization will further drive the demand for Enterprise Mobility Management Market over the forecast period.
Enterprise Mobility Management Market: Segments
BFSI segment to grow with the highest CAGR during 2021-2031
Based on End-user, the market is segmented into Retail, BFSI, Healthcare, IT and Telecom, Manufacturing, and Others. BFSI segment holds the highest market share of Enterprise Mobility Management Market. The rising demand of the BYOD trend in the BFSI sector has led to the adoption of Enterprise Mobility Management solutions. Many organizations in the BFSI sector are gradually focusing on improving workplace flexibility, thus refining employee efficiency and satisfaction.
Cloud Segment to grow with the highest CAGR during 2021-2031
Based on Deployment, the market is segmented into On-premise and Cloud Deployment. The cloud deployment mode segment is predicted to grow at the highest CAGR during the forecast period. Cloud-based solutions include the Software-as-a-Service (SaaS) functions, in which users can contact EMM solutions virtually by the internet. In this deployment type, EMM solutions are brought via the cloud. The advantages of deploying cloud-based EMM solutions comprise mobility, scalability, affordability, working efficiency, and low costs.
Enterprise Mobility Management Market: Market Dynamics
Growing trend of work from home
With the COVID-19 pandemic, several companies are adopting remote work functions. The demand for flexibility in the current workforce is on the rise that is driving the shift to remote or work from home working. Adoption of Enterprise Mobility Management solutions is on the rise as they give companies the choice to control, inform, update and even wipe data off of devices from a distance. Enterprise Mobility Management solutions also propose remote wiping that can forever erase any data in the device with the help of a trigger if loss or theft of the device is identified, further averting loss of critical information.
Increasing number of cyberattacks
Expert cybersecurity specialists who could collaborate with designers are essential to confirm the efficiency of security. For new companies, encoding all figures with a cryptanalytic hash should be done. The digital sign of every case would be tested by the system to safeguard data integrity. If an impostor gains unauthorized file access, the file’s digital signature would be changed, and the system informs the worried parties of any malevolent action. There should also be a verification mechanism to limit data access. Businesses could implement a multi-factor verification of all network operators.
Need for a constant end-user experience
Manufacturers that deliver EMM solutions are unable to modify the solution as per specific business necessities. Industries often complain about the failure of the Enterprise Mobility Management solution to address mobility and agility with multi-user networks. Every enterprise has different safety needs for mobile devices that gain access to the corporate network. Manufacturers also face numerous challenges while integrating EMM into an organization’s current security and administration controls and workflows.
Impact of the COVID-19 on the Enterprise Mobility Management Market
Enterprise Mobility Management market has witnessed many progressions in terms of tools offered by the industry players. In response to the extensive transmission of the COVID-19, managers are bound to offer their employees with remote or work from home access options, allowing them to work separately to the corporate infrastructure. Providing a work-from-home option for employees is a wise measure to avert the spread of viruses throughout the workplace. In this pandemic crisis, many organizations have also applied a BYOD program that enables employees to use their private devices for work to safeguard business endurance.
Enterprise Mobility Management Market: Key Players
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Citrix Systems, Inc.
Other prominent players
Enterprise Mobility Management Market: Regions
Enterprise Mobility Management Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. North America is estimated to contribute the largest share of the Enterprise Mobility Management Market during the forecast period owing to the overall preference and enthusiasm shown by the general population in the region towards adopting Data Visualization Tools. Moreover, large number of players functioning in this region also influence to drive growth of the market in North America. Asia Pacific also holds a major share of the global market. The market in the region is also projected to register the highest CAGR during the forecast period.
Enterprise Mobility Management Market is further segmented by region into:
North America Market Size, Share Trends, Opportunities, Y-o-Y Growth, CAGR-United States and Canada
Latin America Market Size, Share Trends, Opportunities, Y-o-Y Growth, CAGR-Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share Trends, Opportunities, Y-o-Y Growth, CAGR- United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
Asia Pacific Market Size, Share Trends, Opportunities, Y-o-Y Growth, CAGR-India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Enterprise Mobility Management Market report also contains analysis on:
Enterprise Mobility Management Market Segments:
Support and Maintenance
IT and Telecom
Enterprise Mobility Management Market Dynamics
Enterprise Mobility Management Market Size
Supply & Demand
Competition & Companies Involved in the Market
Value chain of the Market
Market Drivers and Restraints
Enterprise Mobility Management Market Report Scope and Segmentation
Report Attribute Details
Market size value in 2021 USD 12.44 billion
Revenue forecast in 2031 USD 36.28 billion
Growth Rate CAGR of 11.3% from 2021 to 2031
Base year for estimation 2021
Quantitative units Revenue in USD billion and CAGR from 2021 to 2031
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered Type, Deployment Mode, End-user and region
Region scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa (MEA)
Key companies profiled Amtel, Inc., Blackberry Limited, Citrix Systems, Inc., IBM Corporation, Infosys, Ltd., Microsoft Corporation, SAP SE, Sophos Ltd., Soti, Inc., and VMware, Inc., and Others