The Enterprise Mobility Management Industry is Being Propelled Ahead By an Increase in the Amount of Data and Mobile Devices Being Used in Enterprises.

The global enterprise mobility management market was valued at USD 19.5 billion in 2019 and is projected to reach USD 151.45 billion by 2027, growing at a CAGR of 29.3% from 2021 to 2027.

Enterprise mobility is a developing trend among businesses that allow workers to work remotely to improve corporate operations. Further, workplace mobility delivers several benefits, such as increased employee productivity, lower operating expenditures for businesses. Business mobility allows companies to limit access to specific data within the institution and protect it from various ransomware attacks.

The exceptional COVID-19 health crisis has accelerated company demand for enterprise mobility solutions to manage their employees' data and boost productivity while remote working in lockdown scenarios worldwide. The increase of data and mobile devices in businesses, and the expansion in the cloud and mobile applications in many industries, are driving the global enterprise mobility market forward. Furthermore, the increase in BYOD trends in enterprises has a beneficial influence on market growth.

The COVID-19 Impact

Due to the COVID-19, employers are forced to give remote access solutions to their employees, allowing them to work outside the business infrastructure. Workers to work from home is a practical technique to prevent virus spread. Enterprise Mobility Management solutions are gaining popularity because they allow businesses to remotely control, update, and even wipe data from devices. Several organizations have also implemented a BYOD policy during this outbreak, allowing employees to use their gadgets.

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Regional Insights

North America is predicted to hold a substantial proportion of the enterprise mobility management market, with rising corporate attention and suppliers serving as the primary drivers driving the region's growth.

The United States is the most wanted market in North America for enterprise mobility management market. The country's demand for mobility solutions is high in the banking, retail, manufacturing, and healthcare sectors.

Market News

Cloud computing technologies, such as Software-as-a-Service (SaaS) and cloud storage, are being adopted by the business mobility market demand. It allows employees to securely access confidential company data without complementary software/applications installed on their devices. Cloud storage also guarantees, that sensitive data is only accessible securely through the cloud and not locally on personal devices.

The introduction of 5G shall change the enterprise mobility management market. It is attributable that 5G will make remote work faster and easier. It will offer a more dependable experience while also providing additional flexibility to companies and their employees. It does, however, bring with it risks, in which EMS can play a significant role.

 Further, the current work-from-home trend-driven across several business verticals due to the COVID-19 pandemic has increased demand for workplace mobility products. During a coronavirus outbreak, 85% of worldwide enterprises rely on their employees' gadgets for market competitiveness and business continuity.

Key Highlights

  • The global enterprise mobility management market was valued at USD 19.5 billion in 2019 and is projected to reach USD 151.45 billion by 2027, growing at a CAGR of 29.3% from 2021 to 2027
  • Enterprise mobility management (EMM) solutions are growing rapidly due to several key business trends, such as the bring-your-own-device (BYOD) policy, enabling employees to access external or internal devices for enterprise-related work.
  • Enterprise mobility management (EMM) solutions are rapidly emerging due to various significant business trends, such as the bring-your-own-device (BYOD) policy, which allows employees to use external or internal devices for company-related work.
  • An EMM policy assures that the enterprise's applications, information, and devices are connected, secure, and easy to use. The business must also evaluate the financial expense of installing EMM solutions for its own devices and those owned by its employees. Vendors are seen offering spending management software.
  • Mobile management systems and services are commonly used in EMM methods, to provide intellectual property protection, a secure environment for data management and control, and system connection with IT systems.
  • End users, such as retailers, use EMM because their staff scan bar codes, perform payments, and process transactions leveraging cell phones as point-of-sale (POS) devices. Banks and customers are pivoting to allow BYOD while demanding EMM for protected data and regulatory compliance in their financial transactions.
  • Over the last few months, enterprise mobility has seen significant acceptance. Due to the pandemic users are working remotely and various technologies and applications are used. ​
  • The COVID-19 pandemic has also caused stock markets to tumble, AWS, Microsoft, and Salesforce to cancel in-person conferences and travel arrangements worldwide. Such incidents highlight the apparent demand for business mobility. ​

Enterprise Mobility Management Market: Segmentation

By Component

  • Solutions
  • Services

By Deployment Modes

  • Cloud
  • On-premises

By Enterprise Size

  • Large Enterprises
  • Small & Medium Enterprises

By Verticals

  • BFSI
  • Retail and eCommerce
  • Healthcare and Life Sciences
  • IT and Telecom
  • Manufacturing
  • Government
  • Transportation and Logistics
  • Travel and Hospitality
  • Others Verticals

By Devices Type

  • Laptop
  • Tablet
  • Smartphones

By Regions

  • North America
  • Europe
  • APAC
  • MEA
  • Latin America

" Crucial Insights The Report Provides:"

* Known and Unknown Adjacencies Influencing the Growth of Market

* Explorable Revenue Sources

* Customer Behaviour Analysis

* Target Partners

* Customized Geographical Data Based on Customers as well as Competitors

* Analysis of Market Size and CAGR between the Forecast Periods

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