The increasing adoption of enterprise mobility management (EMM) solutions and services across many sectors and advancements in the internet of things (IoT) technology are some of the major factors responsible for the growth of the enterprise mobility management market. Further, the increasing smartphone and internet penetration and rapid adoption of the bring your own device (BYOD) policy are driving the market growth. Due to these factors, the global enterprise mobility management market generated ~$16 billion revenue in 2020, and it is predicted to witness significant growth during the forecast period (2021–2030).
Due to the implementation of lockdowns worldwide in order to stop the spread of the COVID-19 disease, organizations are providing their employees with remote access to enterprise applications, databases, and other platforms, to work from anywhere. Due to this, the demand for EMM solutions has increased during COVID-19 times.
The enterprise mobility management market is bifurcated into solutions and services, on the basis of component. Of these, the solutions category held the larger share in the market in 2020, and it would show substantial growth in the upcoming years. This can be ascribed to the wide array of EMM solutions provided, such as mobile device management (MDM) and identity & access management (IAM), to large organizations and small & medium-sized enterprises (SMEs).
Moreover, the enterprise mobility management market is bifurcated into cloud and on-premises, on the basis of deployment mode. In this segment, the cloud deployment mode is predicted to witness significant growth in the upcoming years owing to the shift of people toward artificial intelligence (AI) and cloud computing.
Globally, North America was the largest market for EMM solutions and services in 2020. This can be credited to the large number of EMM vendors in this region, such as Citrix Systems Inc. and International Business Machines (IBM) Corporation, and a large number of end users. According to CompTIA, the U.S. is the largest technology market in the world, due to which an increasing number of market players are investing in it. These factors are propelling the growth of the enterprise mobility management market.
Players in the global enterprise mobility management market have been launching new products to enhance their market presence. For instance,
In June 2020, IBM Corporation launched an application, known as Watson Works. It helps organizations in dealing with the challenges related to the return-to-workplace challenge, due to the implementation of lockdowns to slow the spread of COVID-19.
In August 2019, VMware Inc. revealed innovations in its leading Workspace ONE platform. Its new management, multi-cloud, and security features help the information technology (IT) staff manage and secure access to any app and on any cloud by using the power of automation.
Some of the major players operating in the enterprise mobility management market are IBM Corporation, Microsoft Corporation, Cisco Systems Inc., BlackBerry limited, VMware Inc., SAP SE, Citrix System Inc., Matrix42 AG, MobileIron Inc., Beijing NationSky Network Technology Co. Ltd., Snow Software AB, Sophos Group plc, SOTI Inc., Codeproof Technologies Inc., Mitsogo Inc., ZOHO Corp., Scalefusion UEM, 42Gears Mobility Systems, and JAMF Software LLC.