Sarasota, FL, April 18, 2017 (GLOBE NEWSWIRE) -- Zion Market Research, the market research group announced the analysis report titled "Mobile Device Management Market by Solutions (Device Management, Deployment Management, Security Management, Network Service Management, and Others), for Education, Healthcare, Banking, Financial Services, and Insurance (BFSI), Retail, Manufacturing and Other Verticals - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021".
The study concludes that the global mobile device management market is expected to grow at a CAGR of 25% between 2016 and 2021. The market revenue of $1.35 billion in 2015 is expected to grow up to $5.15 billion by 2021.
Mobile device management is widely used in education, healthcare, banking, financial services & insurance, retail, and manufacturing sector. Mobile devices are valuable enterprise tools allowing immediate access to internal content and resources. MDM solutions manage data security, network connectivity, device capabilities, and other various features of mobile devices. Furthermore, its solutions protect and secure mobile devices like smartphones and tablets.
Browse through 29 Market Tables and 23 Figures spread through 110 Pages and in-depth TOC on “Global Mobile Device Management Market: By Type, Solutions, Segments, Tools, Vendors, Size, Share, Analysis and Forecast 2015-2021”.
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Different types of the solution involved in the mobile device management include device management, application management, security management, network service management and others. Among all segments, application management segment was the largest solution segment of mobile device management market in 2015. Furthermore, it is also expected to be one of the fastest growing segments of mobile device management market owing to the solution requirements and need to control the access to the mobile applications in an organization on company-provided and BYOD devices.
Mobile device management market is dominated by banking, financial services, and insurance segment in 2015. Education segment is also expected to be one of the fastest growing verticals of mobile device management market as large the number of students and faculties bring mobile devices to educational institutions. Healthcare, retail, manufacturing, and other verticals are considered to have moderate growth of mobile device management market in coming years.
Browse the full "Mobile Device Management Market by Solutions (Device Management, Deployment Management, Security Management, Network Service Management, and Others), for Education, Healthcare, Banking, Financial Services, and Insurance (BFSI), Retail, Manufacturing and Other Verticals - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021" report at https://www.zionmarketresearch.com/report/mobile-device-management-market
North America was the leading market for mobile device management in 2015. Asia-Pacific is expected to emerge as a fastest growing segment in next few years due to the high percentage of the young population and increasing use of local brands of tablets & smartphones for business purposes. Moreover, the market growth in the region is mainly attributed by developing technologies for mobile device management especially in emerging economies such as China, India, and Japan. Europe is expected to exhibit considerable growth in the next few years.
Global mobile device management market is expected to witness a significant growth over the forecast period owing to a rapid surge in the banking, financial services, and insurance sector. Increasing the demand for smartphones and tablets are expected to drive the market for mobile device management. Furthermore growing security concerns to protect company data and mobile device population explosion is also anticipated to drive the mobile device management market. Nonetheless, ongoing research & development in the field of mobile device management is likely to generate new growth avenues for the market growth in the next few years.
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Some of the key players in the global mobile device management market include IBM Corporation, Citrix systems, VMware AirWatch, MobileIron, NetPlus Amtel, SAP, Symantec Corporation, BlackBerry Ltd., SOTI, Inc., Sophos, and Microsoft Corporation.
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This report segments the global mobile device management market as follows:
Global Mobile Device Management Market: Solution Segment Analysis
- Device Management
- Application Management
- Security Management
- Network Service Management
- Others
Global Mobile Device Management Market: Vertical Segment Analysis
- Education
- Healthcare
- Banking, Financial Services, and Insurance (BFSI)
- Retail
- Manufacturing
- Others
Global Mobile Device Management Market: Regional Segment Analysis
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East & Africa
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