BYOD Policies Encouraging Growth in the Global Mobile Device Management Enterprise Software Market: TechNavio Research
London, 07 July 2014: TechNavio, the independent tech-focused global research firm, has published a new market research report on the Global Mobile Device Management (MDM) Enterprise Software Market, which is projecting a CAGR of 23.95 percent from 2013-2018.
An MDM solution is a type of software used by IT departments to monitor and manage personal devices in the workplace and deal with any security threats that might arise.
MDM software helps distribute applications within the organization. It allows administrative departments to oversee mobile devices and desktop computers, synchronize information and provide security.
BYOD Policies and Strategic Mergers Bolstering Market Projections
The new TechNavio report cites widespread adoption of BYOD policies as a major market growth driver, as BYOD allows employees to access organizational data and resources without being tied to a single location, thereby greatly increasing enterprise mobility.
"The increased use of smartphones and tablets in the workplace enables employees to work remotely, and these employees are connecting to the corporate network and enterprise IT departments," says Faisal Ghaus, Vice President of TechNavio.
"Enterprise mobility helps organizations exchange data and information without time and location constraints. Because of the greater mobility these schemes provide, organizations have been increasingly adopting BYOD policies, and related mobile device management solutions," says Ghaus.
Growth in the Global MDM Enterprise Software market is also largely being supported by a number of strategic mergers and acquisitions in recent years. The market is characterized by large vendors acquiring smaller vendors to expand their functional capabilities. For instance, AirWatch, the market leader, was acquired by VMware Software in January 2014. Moreover, Boxtone, a provider of mobile services, was acquired by Good Technology in April 2014, and Zenprise was acquired by Citrix in January 2013.
- AirWatch LLC
- Citrix Systems Inc.
- Good Technology Inc.
- MobileIron Inc.
To determine these market scenarios over the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Mobile Device Management (MDM) Enterprise Software Market please send an e-mail to media@TechNavio.com.