Information Communications Media Technology Market News

Discover the Global mobile device management market growth

IT Market Research

Global Mobile Device Management Market to reach a market size of $6.3 billion by 2022 – KBV Research

According to a new report Global Mobile Device Management market Make an Inquiry about this news (2016-2022), published by KBV Research, the global Mobile Device Management is expected to attain a market size of $6.3 billion by 2022, growing at a CAGR of 22.3% during the forecast period. Growing adoption of smartphone & tablets, rampant adoption of Bring Your Own Device (BYOD) and growing security concerns to protect corporate data are the major factors driving the growth of the market.

The Mobile Device Management market is broadly classified by vertical into education, healthcare & life sciences, Banking, Financial Services, and Insurance (BFSI), retail government & public sector, manufacturing, aviation, transportation & logistics, and others. The BFSI sector is the major segment holding the maximum market share; and education segment would be the fastest-growing vertical.