Security News > 2022 > January > Mobile device management market to reach $20.4 billion by 2026

The global mobile device management market size to grow from $5.5 billion in 2021 to $20.4 billion by 2026, at a Compound Annual Growth Rate of 29.8% during the forecast period, according to MarketsandMarkets.

Mobile device management solutions allow IT teams and admins to control and distribute security policies to mobile devices accessing sensitive corporate data in their organizations, ensuring the corporate network is secure.

The services market holds a substantial share of the total mobile device management market and is expected to grow at a high rate.

By Organization size, large enterprises are expected to hold the largest market size Large enterprises hold a larger market size in the present market, as the segment has already shown major adoption and implementation of mobile device management services.

North America to hold the largest market size in the mobile device management market.

North America is expected to hold the largest market size in the global mobile device management market during the forecast period.

News URL

https://www.helpnetsecurity.com/2022/01/17/mobile-device-management-2026/