Enterprise Mobility Management Market By Deployment (On Premise, Cloud Based), Component (Solution, Services), Organization Size (Large Enterprises, Small & Medium Enterprises), Verticals (BFSI, Retail and E-Commerce), & Region for 2024-2031
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
View Details Download Sample Ask for Discount Request CustomizationEnterprise Mobility Management Market By Deployment (On Premise, Cloud Based), Component (Solution, Services), Organization Size (Large Enterprises, Small & Medium Enterprises), Verticals (BFSI, Retail and E-Commerce), & Region for 2024-2031
Enterprise Mobility Management Market Valuation – 2024-2031
Enterprise mobility management (EMM) technologies are in high demand around the world due to a considerable increase in mobile devices, and the shift in end-user firms’ focus on securing their digital infrastructure is driving market expansion. The market size surpass USD 47.79 Billion valued in 2024 to reach a valuation of around USD 433.31 Billion by 2031.
The enterprise mobility management market ensures secure and effective mobile operations, enabling businesses to increase productivity and streamline workflows. With the rise of remote work and the proliferation of mobile devices, enterprise mobility management (EMM) has become critical for protecting corporate data, enforcing standards, and maximizing resource utilization. The rising demand for cost-effective and efficient enterprise mobility management is enabling the market grow at a CAGR of 35.00% from 2024 to 2031.
Enterprise Mobility Management MarketDefinition/ Overview
Enterprise mobility management (EMM) is the collection of people, procedures, and technology that manages mobile devices, wireless networks, and other mobile computing services in a business setting. As more employees have purchased smartphone and tablet computing devices and requested support for their use in the workplace, EMM has grown in significance.
The goal of EMM is to evaluate whether and how available mobile IT should be integrated with business processes and objectives, as well as how to support employees who use these devices in the workplace.
Enterprise mobility management (EMM) is a comprehensive set of technology, rules, and processes designed to manage and secure mobile devices, applications, and data within a business. In today’s digital age, where employees increasingly rely on smartphones, tablets, and other mobile devices to do work-related tasks, EMM is critical to assuring the security, compliance, and efficiency of mobile operations.
EMM solutions typically include mobile device management (MDM), mobile application management (MAM), mobile identity management (MIM), and mobile content management (MCM), providing organizations with the capabilities they need to efficiently manage mobile assets throughout their lifecycle.
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Will Focus on Bring Your Own Device (BODY) among Employees Drive the Enterprise Mobility Management Market?
Bring Your Own Device (BYOD) refers to employees who use own smartphones, tablets, or other devices for work reasons. This trend is gaining pace as employees get more familiar and comfortable using their devices, resulting in rise in productivity and flexibility. However, the BYOD trend creates security issues, necessitating the implementation of effective enterprise mobility management (EMM) solutions. 83% of firms have a BYOD policy of some kind. Some organizations supply devices to specific employees, while others allow employees to use either a company-issued device or their own.
Statista estimates that the global BYOD security industry will be valued at USD 64.6 Billion by 2023. Statista also projects that the BYOD market will increase from USD 70.83552 billion in 2023 to USD 235.450767 billion in 2032. BYOD has been widely adopted across industries due to its benefits in terms of employee satisfaction and productivity.
Further, according to a Cisco report, the Bring Your Own Device (BYOD) movement is prevalent in enterprises globally. According to the report, 69% of IT decision-makers support BYOD policy. Employees usually prefer to work from their devices because they are familiar, comfy, and allow them to access business-related information at any time. According to a Gartner poll, 80% of employees acknowledged to using personal devices for work purposes.
The BYOD movement underscores the need for effective EMM solutions to handle security concerns, assure regulatory compliance, and boost productivity in the modern workplace. As more firms implement BYOD policies, the demand for comprehensive EMM solutions is likely to increase, driving the enterprise mobility management market trend.
Which are the Challenges Faced by Enterprise Mobility Management Market?
Enterprise mobility management (EMM) is essential for enterprises trying to achieve smooth operation through the use of numerous workflow automation solutions. It is critical to build interconnection between diverse systems in order to simplify the sharing of critical data.
This includes ensuring that gadgets like cell phones and workstations smoothly interface with complex business frameworks, decreasing the construction of data silos in which critical information is limited to specific devices. Failure to integrate cell phones with complicated systems may result in instances in which remote personnel transferring to separate organizations fail to share critical files, resulting in data silos.
Advanced applications that can communicate with various corporate systems are required to address these problems and streamline data processing and operations. Furthermore, EMM plays a critical role in addressing market obstacles by assuring optimal device coordination and strengthening workflow automation. Thus, the Enterprise Mobility Management market is a vital component in navigating today’s business landscapes.
Category-Wise Acumens
Will Demand for Enterprise Mobility Management Solution Rise in Large Organization?
Enterprise mobility management solutions have become essential for businesses looking to improve client acquisition, retention, and overall experience, resulting in increase in profitability. Thus, focus on efficient data management is essential to increasing productivity and maintaining business continuity is projected to bolster its application in the large organizations. With the proliferation of data, including big data, suppliers are rapidly implementing enterprise mobility management solutions to help IT teams simplify and manage decision-making processes.
These technologies allow for the analysis of huge amounts of data from sources such as social media and sensors, resulting in important insights into customer interactions, product performance, and operational efficiency. Enterprise mobility management solutions enable enterprises to make educated decisions and drive company growth by presenting these insights in an accessible way. Thus, enterprise mobility management solutions and services are in high demand among large corporations.
Will Application of Enterprise Mobility Management Surge in BFSI Sector?
The Banking, Financial Services, and Insurance (BFSI) sector is expected to dominate the market over the projection period. The increasing adoption of Bring Your Own Device (BYOD) trends in the BFSI business is boosting the demand for enterprise mobility management solutions. Many BFSI firms are promoting workplace mobility to increase employee productivity and satisfaction.
ABANCA, one of the largest banks in Galicia, Spain, was looking for a flexible and scalable platform to help its IT department successfully manage Corporate-Owned, Personally Enabled (COPE) devices. This emphasis on business mobility management solutions demonstrates the industry’s dedication to using technology to improve operational efficiency and satisfy the changing needs of a mobile workforce.
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Country/Region-wise Acumens
How North America is Expected to Hold the Largest Share in the Enterprise Mobility Management Market?
North America is expected to maintain its lead in the enterprise mobility management market over the forecast period.. The region is home to various business mobility management companies, including industry giants like as IBM, Microsoft, ManageEngine, and Citrix, which provide a diverse range of solutions and services. With fierce competition across North America, many corporations are strategically aiming for higher revenues and expanding their operations. Organizations in the region pursue innovation in order to remain competitive and keep up with the market’s latest technical breakthroughs.
Several verticals in North America, including banking and financial services (BFS), retail, healthcare, and life sciences, are aggressively implementing enterprise mobility management systems. These technologies have numerous advantages, including better management of day-to-day transactions in the BFSI industry, faster supply chain management operations in retail, and improved capabilities for healthcare robots to track patient health. As organizations in these industries strive to optimize operations, increase productivity, and improve customer experiences, the use of enterprise mobility management solutions becomes increasingly important in driving business success and maintaining competitiveness in the dynamic North American market landscape.
How the Asia Pacific is Anticipated to Exhibit Growth for the Enterprise Mobility Management Market?
The company mobility management market in Asia-Pacific is expected to develop at a strong compound annual growth rate (CAGR) of 30.8% over the forecast period, owing to a number of key drivers. The growing acceptance of the Bring Your Own Device (BYOD) culture, along with the need to protect sensitive company data from potential cyber-attacks, is driving demand for enterprise mobility management solutions. Furthermore, major digitalization efforts and increased mobile device usage across the region are helping to drive the Asia-Pacific enterprise mobility management market.
Furthermore, the growing number of small and medium enterprises (SMEs) and their concentration on implementing BYOD rules are propelling sales of enterprise mobility management solutions in the region. Governments in India, South Korea, China, and Australia are actively digitizing their infrastructure, creating significant potential for the enterprise mobility management market in the Asia-Pacific region over the projection period.
Competitive Landscape
The enterprise mobility management market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support.
The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the enterprise mobility management market include
- Amtel, Inc.
- Blackberry Limited
- Citrix Systems, Inc.
- IBM Corporation
- Infosys, Ltd.
- Microsoft Corporation
- SAP SE
- Sophos Ltd.
- Soti, Inc.
- VMware
- Cisco
- VMware
- Citrix
- Matrix42
- MobileIron
- Nations
- Snow Software
- Sophos
- SOTI
- Codeproof
- Netplus Mobility
Latest Developments
- In February 2024, BlackBerry will be the first MDM vendor to receive BSI Clearance for BlackBerry UEM Brightsite Usage with Apple iNDIGO.
- In February 2024, the new IBM LinuxONE 4 Express provided cost savings and customer value by leveraging a cyber-resilient hybrid cloud and AI platform.
- In February 2024, SAP boosted Seagate Technology’s digital evolution with SAP S/4HANA
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2021-2031 |
| Growth Rate | CAGR of ~35.00% from 2024 to 2031 |
| BASE YEAR | 2024 |
| HISTORICAL PERIOD | 2021-2023 |
| FORECAST PERIOD | 2024-2031 |
| Quantitative Units | Value in USD Billion |
| Report Coverage | Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis |
| Segments Covered |
|
| Regions Covered |
|
| Key Players | Amtel, Inc., Blackberry Limited, Citrix Systems, Inc., IBM Corporation, Infosys, Ltd., Microsoft Corporation, SAP SE, Sophos Ltd., Soti, Inc., VMware, Cisco, VMware, Citrix, Matrix42, MobileIron, Nations, Snow Software, Sophos, SOTI, Codeproof, Netplus Mobility |
| Customization | Report customization along with purchase available upon request |
Enterprise Mobility Management Market, By Category
Deployment
- On Premise
- Cloud Based
Component
- Solution
- Services
Organization Size
- Large Enterprises
- Small & Medium Enterprises
Verticals
- Banking, Financial Services and Insurance (BFSI)
- Retail and eCommerce
- Healthcare and Life Sciences
- IT and Telecom
- Manufacturing
- Government
- Transportation and Logistics
- Travel and Hospitality
Region
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post sales analyst support
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