Mobiles, iPads, Macs, iPhones, iPads, there are countless devices now that are used at the same time by people to seek various kinds of information and entertainment. While technology has made life extremely simple for people, it has also made things complicated, especially security of personal information.
To counter rising security concerns, IT companies are now working on developing and deploying mobile device management software which will be able to control and protect various devices from security threats and breaches. This software is deployed at an organization level so as to protect data leak from big companies. This is a very promising field and as a result the global mobile device management market is expected to show growth in the coming few years.
To counter rising security concerns, IT companies are now working on developing and deploying mobile device management software which will be able to control and protect various devices from security threats and breaches. This software is deployed at an organization level so as to protect data leak from big companies. This is a very promising field and as a result the global mobile device management market is expected to show growth in the coming few years.
As per a market intelligence report by Research on Global Markets, published on its official website, the global mobile device management market is expected to grow significantly and reach a value of nearly USD 6.96 Bn by the year 2023 as it is projected to expand at a compound annual growth rate (CAGR) of 25.84% starting year 2018 and ending in the year 2023.
The global mobile device management market is divided into three segments, namely by solutions, by deployment and by geographic share. In the segmentation by deployment that includes, cloud deployment, on-premise deployment and hybrid deployment, cloud deployment is expected to drive the fastest growth driven primarily by small and medium sized organizations, whereas on-premise deployment is likely to decline further.
The global mobile device management market is expected to impact multiple sectors including banking, information and technology, financial services, healthcare, retail, transportation, telecom, and even education. It’s believed that out of all these sectors, the major growth will be driven by the healthcare sector, which in 2018 held nearly 29% of the market.
The global mobile device management market is divided into three segments, namely by solutions, by deployment and by geographic share. In the segmentation by deployment that includes, cloud deployment, on-premise deployment and hybrid deployment, cloud deployment is expected to drive the fastest growth driven primarily by small and medium sized organizations, whereas on-premise deployment is likely to decline further.
The global mobile device management market is expected to impact multiple sectors including banking, information and technology, financial services, healthcare, retail, transportation, telecom, and even education. It’s believed that out of all these sectors, the major growth will be driven by the healthcare sector, which in 2018 held nearly 29% of the market.
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