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Enterprise Mobility Management Market size to grow by USD 53.68 billion from 2023-2027, Analyzing market growth in Large Enterprises Segment, TechnavioNEW YORK, March 25, 2024 /PRNewswire/ -- The global enterprise mobility management market size is estimated to grow by USD 53.68 billion from 2023 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 18.62% during the forecast period. The large enterprises segment, valued at USD 12.50 billion in 2017, experiences continuous growth. Enterprise Mobility Management (EMM) solutions address the need for efficient device management in large-scale operations, ensuring scalability without compromising performance. Robust security features drive adoption, propelling global market growth in this segment. APAC held the largest share of the global market in 2022, and the market in the region is estimated to witness an incremental growth of 45%. For more insights on the historic (2017 to 2021) and forecast market size (2023 to 2027)
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Insights on the market contribution of various segments including country and region wise, historic (2017 to 2021) and forecast market size (2023 to 2027) Market Dynamics The widespread adoption of the BYOD (Bring your Own Device) policy is a primary catalyst driving the growth of the market: BYOD policy adoption fuels market growth, enabling cost savings and enhancing employee satisfaction by allowing single-device use for personal and work tasks. EMM companies introduce solutions to capitalize on rising BYOD trends, offering features like device enrollment and data encryption. As businesses rely more on the Internet, BYOD adoption grows, driving market expansion. In the large enterprises segment, EMM solutions target efficient device management and security, leveraging advanced features like data encryption and secure containerization. This drives market growth by addressing scalability needs while ensuring robust security measures. Meanwhile, the future outlook emphasizes the critical role of EMM in remote work settings due to the COVID-19 pandemic. It highlights the importance of mobile security, multi-factor authentication, and integration with supply chain management and SaaS solutions for enhanced productivity and secure transactions. Additionally, the convergence of big data and health data reshapes employment trends and remote work strategies, facilitated by the World Wide Web. Insights on Market Drivers, trends, & Challenges, historic period (2017 to 2021) and forecast period (2023 to 2027) What are the key data covered in this Enterprise Mobility Management Market report?
Gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Analyst Review: The U.S. enterprise mobility management (EMM) market is witnessing rapid growth driven by the increasing adoption of mobile devices across industries. Key trends such as Mobile Content Management (MCM), Cloud-based EMM solutions, and Contextual Mobility Management (CMM) are shaping the landscape of enterprise mobility. With the proliferation of smartphones, laptops, and bulk devices, organizations are increasingly investing in Mobile Device Management (MDM) software and Mobile Identity Management (MIM) solutions to ensure secure access and data protection. The transition to 5G connectivity further enhances mobility, enabling faster data transmission and improved user experiences. Cybersecurity remains a top priority for organizations, leading to partnerships with system integrators and cybersecurity providers like Lookout. Additionally, the adoption of AI-driven security solutions and VPNs strengthens enterprise defenses against cyber threats. Cloud deployment models, along with managed services and consulting offerings, cater to the diverse needs of Small & Medium Enterprises (SMEs) and large enterprises across industries such as IT & telecom, retail, BFSI, and healthcare. Leading players in the market include ABANCA, IBM, Microsoft, ManageEngine, and Citrix, offering comprehensive EMM solutions to meet evolving enterprise mobility needs. As the demand for secure, scalable, and efficient mobility solutions continues to rise, the U.S. EMM market is poised for further expansion, driven by technological advancements and evolving business requirements. Market Overview: The U.S. enterprise mobility management (EMM) market is a dynamic sector within the IT and telecom industry, encompassing solutions and services tailored to the specific needs of businesses across various sectors, including retail. Mobile Device Provisioning and Professional Services play crucial roles in ensuring seamless deployment and ongoing support for enterprise mobility solutions. With options for on-premise deployment or Software-as-a-Service (SaaS) models, enterprises of all sizes can leverage EMM solutions to manage a diverse range of devices, including Macs, iPhones, and iPads. MDM (Mobile Device Management) and VPN (Virtual Private Network) technologies are essential components of EMM, providing robust security and control over corporate data on mobile devices. Collaboration with enterprise system integrators facilitates smooth implementation and optimization of EMM solutions, while advancements in AI (Artificial Intelligence) drive innovation in mobile security and management. As businesses increasingly prioritize mobility, the U.S. EMM market continues to evolve, offering tailored solutions to meet the diverse needs of enterprises across industries. Related Reports: The enterprise data storage market size is estimated to grow by USD 11.35 billion at a CAGR of 4.46% between 2022 and 2027. The size of the enterprise indoor location-based services market in US is estimated to increase by USD 25,831.89 million to grow at a CAGR of 47.45% between 2022 and 2027. About US Contact View original content to download multimedia:https://www.prnewswire.com/news-releases/enterprise-mobility-management-market-size-to-grow-by-usd-53-68-billion-from-2023-2027--analyzing-market-growth-in-large-enterprises-segment-technavio-302097431.html SOURCE Technavio |