Report Ocean introduces a fresh report examining the ‘Europe Mobile Device Management (MDM) Market’, encompassing its size, share, growth, industry trends, and forecast up to 2032. This comprehensive analysis delves into various industry components and growth patterns that offer valuable insights for anticipating the market’s future trajectory.
Mobile device management (MDM) is a security software which is usually used by the information technology (IT) department of any company to manage, secure and monitor the different devices of employees. These devices are deployed across various mobile service providers. It comprises a range of products and services that help the organization to allow and support different applications in personal mobile devices. The European MDM market is expected to reach USD 1.83 Bn by 2023 with a compound annual growth rate (CAGR) of 20.02% during 2018-2023.
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The market is divided into three primary segments based on solutions, deployment and end users.
- Based on solutions, the market is segmented into device management, application management, security management and network service management. The device management of this region is expected to have the largest market share. It is estimated to grow from USD 0.23 Bn in the year 2018 to USD 0.75 Bn in the year 2023 with a CAGR of 26.73%.
- Based on deployment, the market is divided into cloud and on-premise. The cloud deployment market is expected to have a larger share and is estimated to grow from USD 0.38 Bn in 2018 to USD 0.99 Bn in 2023 with a CAGR of 21.16%.
- Based on end-users, the market is classified into banking, financial services and insurance (BFSI), telecommunication, retail, and healthcare. Healthcare will have a major market share and will rise from USD 0.31 Bn in 2018 to USD 0.69 Bn in 2023. The CAGR will be around 17.49%.
Key growth factors
European enterprises are critical about their data being lost or leaked to some unauthorized source. So, they wanted total safety and security of their information which is provided by the MDM. The healthcare sector has been one of the top users of MDM. Doctors, nurses, patients and support staff all have been actively using smartphones for work, which has led to the organization installing MDM for security reasons. The rising awareness of health related issues is a factor. People can access business information from any location they want, in device of their own choice. This has led to more productive employees as well as company.
Threats and key players
Decreasing adoption of bring your own device (BYOD) among businesses are hindering the market growth. It makes sense to let employees use their own devices. People work more efficiently on systems they’re familiar with. But managing access from the hundreds of varieties of phones, tablets, and other computers is a technological nightmare.
Each device uses its own unique blend of hardware and software. The management system has to be compatible with all the devices which the employees are likely to use. With dozens of new devices appearing each month, this is no easy task.
The key competitors in the Europe MDM market are SAP SE, Microsoft Corporation, Citrix solutions and others.
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada)
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific)
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa)
Some Questions Answered in the Europe Mobile Device Management (MDM) Market Report:
- What is the projected size of the Europe Mobile Device Management (MDM) market in 2032, and what growth rate is expected?
- What are the primary drivers of growth in the Europe Mobile Device Management (MDM) industry?
- What are the major market trends that are affecting the expansion of the Europe Mobile Device Management (MDM) market?
- What obstacles must be overcome in order to achieve sustained growth in the Europe Mobile Device Management (MDM) market?
- What opportunities and threats do vendors in the Europe Mobile Device Management (MDM) market face?
- What are the raw materials and manufacturing equipment used in the production of Europe Mobile Device Management (MDM), and what is the manufacturing process?
- What are the different types and applications of Europe Mobile Device Management (MDM), and what is the market share of each type and application?
- What factors, such as trends, challenges, and risk factors, are currently shaping the growth of the Europe Mobile Device Management (MDM) market?
- What factors are driving the growth of the Europe Mobile Device Management (MDM) market in the top regions worldwide?
- Who are the major players in the Europe Mobile Device Management (MDM) market, and what strategies are they employing to succeed?
- What industrial trends, drivers, and challenges are influencing the expansion of the Europe Mobile Device Management (MDM) market?
- What are the main findings of a five forces analysis of the Europe Mobile Device Management (MDM) market?
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