Deerfield Beach, FL -- (SBWIRE) -- 09/28/2015 -- MDM (mobile device management) is a tool used to manage, monitor, and track personal devices used in the workplace. Global Mobile Device Management (MDM) market to grow at a CAGR of 25.40% over the period 2014-2019. It allows the distribution of applications, data, and configuration settings for devices such as tablets, smartphones, cell phones, and other mobile computing devices (such as phablets). MDM solutions provide a high level of security to both company-owned and employee-owned devices across the enterprise. Network operators use MDM solutions to manage different devices with different OS that work on the same network. They allow IT professionals to oversee mobile devices and desktop computers as well as to administer synchronization.

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Commenting on the report, an our analyst said: "The development of CRM applications is one of the growing trends in the market. CRM is crucial for organizations to understand the buying pattern of customers. It helps maintain and improve customer relationships. With the advent of BYOD in an organizational setup, vendors are now offering mobile devices with embedded CRM applications."

According to the report, the increase in the adoption of BYOD policies, where organizations allow employees to use their personal mobile devices for business, is a major factor supporting market growth. BYOD helps improve communication and allows easy access to applications stored on the cloud, increasing work flexibility and improving performance.

Covered in this Report

This report covers the present scenario and the growth prospects of the global MDM market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the following:

Software licenses
Technical support
Maintenance cost

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The report also considers the revenue generated from the following deployment models:

On-premises
Cloud

The report segments the market according to the following product types:

Software
Services

The report segments the market according to the following end-users:

Communication
Financial services
Healthcare
Manufacturing

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The report, Global MDM Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Regions

APAC
Europe
Latin America
MEA
North America

Our analyst researched the following companies as the key players in the global MDM market: Citrix Systems Inc., Good Technology Inc., MobileIron Inc. and VMware Inc. (AirWatch LLC)

Other Prominent Vendors in the market are: AirWatch, FeedHenry, Microsoft, SAP, Sophos and SOTI

Further, the report states that data security concerns and the risk of misplacing devices are major challenges curtailing the growth of this market. The use of personal devices to access corporate data at any time and from anywhere has made networks vulnerable to unauthorized access, potential leakage of crucial information, and virus attacks.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.