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The Mobile Device Management market has experienced a substantial growth with the increase in adoption of mobile devices for business purposes
Corporate data security is a major concern for organizations which leads to the usage of MDM solutions, and further builds a secure IT infrastructure by providing employees with a protected access to corporate network.
The MDM market has experienced a substantial growth with the increase in adoption of mobile devices for business purposes, and thereby requires organizations to implement mobile device management solutions. Today, the solutions offered by vendors include integrated solutions for hardware management, software management, network service management, and security management.
These solutions are implemented with modern technologies such as on-premise or on cloud- based platforms for effective management of mobile devices in organizations. This has been adopted by the industry verticals of healthcare, retail, (BFSI) banking, financial services and insurance, education, and manufacturing. Majority of Small and Medium Businesses (SMBs) are yet to adopt MDM solutions in Asia Pacific, Middle East and Africa, and Latin America which have huge potential, and offer great opportunities to MDM solution vendors.
The driving factors for the MDM market are mobile device population explosion, Consumerization of IT, security concerns in organizations, and increased number of mobile devices in the workforce.
The global Mobile Device Management (MDM) market is expected to grow from $x.xx billion in 2014 to $3.94 billion in 2019 at a CAGR of 26.8%.
North America is expected to have the largest market share in the overall Mobile Device Management (MDM) market in 2014.
Mobile Device Management Market by Solutions (Device Management, Application Management, Security Management, Network Service Management), Deployment Type (Cloud and On-premise) - Global Advancements, Market Forecast and Analysis (2014 – 2019)
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