Mobile Device Management Market Poised for Big Growth
New iPads, new Kindle Fires, the Microsoft Surface tablet and more. There are plenty of new devices on the market or headed to market, especially at this time of year when consumer electronics manufacturers are putting their final touches on holiday sales strategies. Just what new devices will employees be bringing onto the business network at the end of 2012 and the beginning of 2013? And will your customers be ready?
The growth of these mobile devices such as tablets and smartphones, and the fact that employees, from those in the corner office to those in the corner cubicle, are bringing them to work has spawned a whole new industry — mobile device management software. And just like the market for tablets and smartphones, the market for mobile device management software is poised for growth.
Market research firm TechNavio reports that the mobile device management enterprise software market in the United States will grow at a compound annual growth rate (CAGR) of 31.66 percent over the period 2011-2015. The company's analysts say the need for enhanced mobile communication security is one of the key contributing factors to the growth.
According to the study, the trend has spawned an increasing partnership between vendors and service providers in the market. However, the the increasing security concerns, which many employers have, could limit the growth of the market.
TechNavio, the research wing of Infiniti Research, is an independent market research company. The company studies the market for future technologies worldwide and produces more than 1,700 market reports in over 11 industries.