Cloud-based MDM market to reach $1.5 billion in 2018, says Analysys Mason
Cloud-based mobile device management revenue worldwide is forecast by Analysys Mason to increase at a 27.3 percent compound annual growth rate, climbing from $574.8 million this year to $1.5 billion in 2018.
Much of that growth will be driven by small and medium-sized enterprises looking for MDM options that don't require large upfront costs, observed Patrick Rusby, research analyst at Analysys Mason.
Andrew Wild, chief security officer at Qualys, agrees: "The BYOD trend will push organizations into adopting cloud-based services for mobile device management (MDM), particularly in the SMB market where they lack the IT staff and budget to adequately deal with it. The cloud offers the most cost-effective and least resource intensive way to secure data in the era of BYOD and 'work anywhere' computing."
According to a survey of 6,610 consumers conducted by Analysys Mason, a majority of employees used their personal mobile devices at work. A full 59 percent use their personal mobile devices at work to make and receive phone calls, and 21 percent use their phones for SMS, activities that do not require a connection to the corporate network.
Email accounted for 14 percent of BYOD activity, and accessing business applications accounted for 4 percent. Other uses, which accounted for 2 percent, include accessing documents or a calendars, or using instant messaging or maps.
"Communications service providers and vendors are looking to add services to their MDM products to ensure that SMEs and larger enterprises have access to the tools that they need to secure their data and IP and manage the proliferation of mobile devices that are accessing this data," Rusby noted.
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