Laptop segment in enterprise mobility management market is expected to contribute tremendously towards over the coming years. Its capability to connect remotely to the corporate network by using enterprise collaboration software is contributing to major EMM adoption.
Growing focus on increasing productivity and efficient management of BYOD remote devices in corporations is driving global enterprise mobility management market outlook. Modernization across enterprises has led to the growing adoption of BYOD trend which has triggered the demand for enterprise mobility management systems to manage personal mobile devices and monitor wireless networks.
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Estimates suggests that global enterprise mobility management market size will hit USD 11 billion in valuation by 2026. Additionally, factors including productivity, employee convenience, work interoperability, remote access and protection against cyber threats are fueling the adoption of EMM.
Laptop sales is increasing globally as all major and minor corporate employees use laptops for business work. These devices offer excellent performance capabilities and can be used to support large-scale data processing and communication applications. Most of the employees leverage laptops for easy accessibility and portability.
With the proliferation of bring-your-own-device movement many organizations instead of restricting mobile devices in the workplace are choosing to implement EMM solutions or services to allow device flexibility for users while retaining control for IT.
Enterprise mobility software segment in enterprise mobility management market is estimated to grow at 15% CAGR up to 2026 on account of the growing need to secure mobile devices and corporate data in organizations. Incorporation of mobile security management software aids in securing corporate data, provide application security, manage the access to corporate network and device protection. Key benefits of providing advanced security to mobile devices is resulting in increased demand for software solutions.
With the recent COVID-19 outbreak, businesses across the globe have suffered a setback. It can be said that companies that already have or switched to EMM solutions have made things easier for them. With the help of EMM solutions, the IT staff can manage all corporate-owned and employee BYOD devices, along with sensitive corporate data no matter where they are. Several organizations are considering transitioning to a remote workforce or enhancing their work from home program, creating lucrative opportunities for EMM companies.
EMM solutions are witnessing robust adoption across the retail sector. Well-established retail enterprises are adopting the solutions for securing retail data, endpoints and POS devices. Retailers are focusing on optimizing store performance and provide better experience to customers by leveraging location analytics to collect data from remote locations.
Enterprise mobility solutions also enable companies to manage and monitor the retail network and to eliminate the requirement for additional security solutions, invariably reducing the capital expenditure. The retail sector applications of EMM is forecast to showcase growth rate of 15% through 2026.
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Moreover, regional companies are developing innovative enterprise mobility solutions for enterprise customers. For instance, Samsung SDS launched an innovative enterprise mobility management solution in February 2020. The solution provides enterprise security application features including mobile device management, data security and mobile application management.
EMM is constantly evolving to accommodate an ever-changing set of device platforms and mobility trends in the workplace. As the corporations are becoming more inclined towards supporting flexible and remote working environment for their employees and business, EMM solution adoption rate will gradually increase.
APAC region is expected to hold more than 25% of enterprise mobility management market share by 2026 on account of the presence of key industry players, along with rapid industrialization across Asian countries. Organizations across India, South Korea and China are deploying EMM solutions to protect wireless networks and secure mobile devices.
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