India Enterprise Mobile Device Market

Market Overview

The India enterprise mobile device market witnessed significant growth in the past and is expected to grow at a CAGR of 17.3% during the forecast period (2022-2030).

Enterprise mobile device management (MDM) is software application organizations use to manage and secure mobile devices used by their employees, typically smartphones and tablets. Regardless of the mobile device's operating system or service provider, enterprise MDM solutions enable centralized control and management of mobile devices within an organization. Enterprise MDM solutions frequently offer various features and functionalities, including device enrollment, configuration, monitoring, and security. The software can be used to establish the rules and guidelines that control how mobile devices are used within the company, including what programs can be installed, what information can be accessed, and how data is communicated and saved.

The Enterprise Mobile Device Market is driven by rapidly increasing competition in business outgrowth. Mobile device management solutions to cater to every business need for consistent end-user experience are restraints for this market. On the other hand, increased digitalization across industries is an opportunity for the enterprise mobile device market.

Highlights

• Laptops dominate the market by Type. 
• BFSI dominates the market by Industries.

Market Dynamics

India Enterprise Mobile Device Market Drivers

Rapidly Increasing Competition in Business Outgrowth

For the past few years, enterprise devices have been in use. Influential organizations mostly use them to offer superior hardware, software, and service support to suppliers, customers, and other creditors. Benefits of corporate devices include cost savings, accounting system integration, and access to a larger pool of resources, all of which help businesses and companies keep their connections with their Creditors strong and stay competitive. Enterprise devices have grown quickly since the start of this decade, along with escalating competition in the business and application sectors. The demand for highly efficient enterprise devices with improved features has increased due to the quickly intensifying rivalry in the market. The market for business devices is growing due to the use of enterprise devices by product- and service-based industries.

India Enterprise Mobile Device Market Restraints

Mobile device management solutions cater to every business need for a consistent end-user experience.

MDM solution providers cannot modify their products to meet specific company requirements. The MDM solution's inability to offer flexibility and agility with multi-user connections is commonly lamented by businesses. Each organization has specific requirements for the security of mobile devices that connect to the corporate network. Vendors face various challenges when integrating MDM into an organization's security and management policies and procedures. But with the right MDM solution, an IT administrator can manage and monitor systems from a single access point, increasing security and productivity. Because every company is different and has different business needs, it can be challenging to determine what a firm need accurately.

India Enterprise Mobile Device Market Opportunities

Increased Digitalization across Industries 

Digital solutions are used more frequently by businesses of all sizes in their daily operations to improve functionality, streamline different business processes, and raise overall efficiency. The rapid spread of the Covid-19 virus led to the adoption of work-from-home tactics by companies worldwide, which increased demand for the product. Additionally, businesses are spending money on workplace mobility technology to enhance their security features due to the increasing attention paid to data protection and management, which is projected to have a favorable effect on industry growth. Rapid technical advancements like the application of machine learning and artificial intelligence are other factors driving the industry. During the expected timeframe, these factors should boost market expansion.

Regional Analysis

The market for enterprise mobile devices in India is a fast-expanding industry that presents considerable commercial potential. India offers a sizable market for enterprise mobile devices thanks to its massive population and booming economy.

With a large section of the population utilizing smartphones and tablets, mobile device use is exploding in India. Because of this high level of mobile adoption, businesses now have a solid base on which to use mobile technology.

In India, there has been a major trend in recent years towards digital transformation. Businesses are increasingly using mobile technology to improve consumer experiences, increase employee productivity, and streamline procedures. Enterprise mobile devices allow workers to access vital company data while on the go, interact in real-time, and stay in touch with their teams, enhancing operational efficiency and agility. Businesses are embracing flexible work practices and allowing employees to work from anywhere, which has increased the mobility and remoteness of the Indian workforce. Enterprise mobile devices enable seamless communication and collaboration, enabling workers to continue producing even when away from the typical office setting.

Segmental Analysis

The India enterprise mobile device market is segmented based on Type, Product, and Distribution Channel.

India’s enterprise mobile device market based on type is segmented by Smartphones, Laptops, Tablets, and PC

Laptops dominated the market and are expected to register a CAGR of 18.6% over the forecasted period.

India’s enterprise mobile device market is segmented based on industries by BFSI, Manufacturing, Telecom, Retail, Healthcare, and Others.

BFSI dominated the market and is expected to register a CAGR of 17.9% over the forecasted period.

Recent Developments

• Jan 2023- IBM Corporation declared it would pay USD 34 billion to acquire Red Hat. The deal is anticipated to be finalized in the second half of 2023.
• Mar 2023- IBM Corporation announced the debut of the IBM Cloud Pak for Data, a new cloud-based platform. The platform aims to simplify data management and analysis for enterprises.