According to a research report "Enterprise Mobility Management Market demand is growing due to increasing mobile workforce and adoption of BYOD programs within enterprises to improve their workforce productivity, thus allowing employees to work from anywhere, at any time, and using any device to access corporate data on the go has boost the demand for EMM solutions. In addition to this, proliferation of new mobile devices in the market drives the implementation of mobile device management solutions in regions. - Global Forecast to 2026" published by MarketsandMarkets. The Enterprise Mobility Management (EMM) market size is expected to grow from USD 16.6 billion in 2020 to USD 63.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 25.1% during the forecast period.
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Increasing use of devices and data by
companies to know more about their core business processes driving the adoption
of managed services segment of EMM
platforms during the forecast period
Managed services are
offered by third-party vendors that manage software and solution updates. These
services help organizations monitor various endpoints and ensure that security
policies are appropriately configured. Organizations that opt for managed services
are able to receive scheduled reports on various devices. Managed services also
provide access to industry best practices and deep-rooted transformation
expertise without impairing the internal operations of organizations. They
offer technical skills that are required to maintain and update the software in
the EMM solution.
Rising need to secure data by large firms to
drive the demand for on-premises to hold a larger market size
Data security concerns among the
end-users is contributing to the higher adoption of on-premises EMM solution globally. The on-premised EMM solution is majorly deployed by the large
organizations as it has better ability to invest. Moreover, large firms have
wide variety of business segment with serving to broader geographical reason
hence data security is of utmost importance.
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North
America to dominate the market during the forecast period
North
America is estimated to account for the largest share of the market in 2020.
North America constitutes of developed economies, such as the US and Canada.
The North America EMM market holds the highest market share. Along with
digitalization, the desire to increase the efficiency and productivity of
mobile devices is one of the factor for the growth of the market. A surge in
the dependence on BYOD and CYOD trends in the US and Canada provide employees
real-time access to various data and applications, which has also led to the
region adopting EMM solutions. An increase in the usage of mobile devices by
employees at work is a norm practiced by companies of all sizes.
The
major vendors offering EMM solutions are
IBM (US), Microsoft (US), Cisco (US), BlackBerry (Canada), VMware (US), SAP
(Germany), Citrix (US), Matrix42 (Germany), MobileIron (US), Nationsky (China),
Snow Software (Sweden), Sophos (UK), SOTI (Canada), Codeproof (US), Netplus
Mobility (US), Hexnode (US), ManageEngine (US), Miradore (Finland), Quest
Software (US), Ivanti(US), Scalefusion (India), 42Gears Mobility Systems
(India), Social Mobile (US), AppTech
(Switzerland), and Jamf (US).
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