The Enterprise Mobility Management (EMM) market is expected to grow from $3.8 billion in 2014 to $9.6 billion in 2018, according to a new 451 Research Enterprise Mobility Management Market Monitor and Forecast service, which presents data generated via a bottom-up analysis of 125 vendors that participate across the six EMM segments the company tracks.
EMM is a set of tools that provide businesses with the ability to secure and manage the mobile devices used by their employees, including mobile device management, mobile application management, mobile security, mobile backend as a service (MBaaS) and mobile content management. Enterprises’ increasing adoption of EMM will lead to a market CAGR of 22% from 2013 to 2018, says the report.
“EMM is moving from tools that control mobility, to instrumental elements that enable productivity for a growing number of mobile-enabled employees,” said Chris Hazelton, Research Director for 451 Research’s Enterprise Mobility channel. “Mobile apps in the enterprise are growing in importance and are the key to driving business transformation, and EMM will play a key role in putting these apps in the hands of users. As companies move from a reactive to a mobile-first strategy, EMM technologies will be the foundation for any deployment.”
EMM’s continued growth can be attributed to the convergence of a number of different mobile device trends, including Bring Your Own Device (BYOD), the growth of mobile workforces, the proliferation of mobile apps, increased security threats and the need to adhere to compliance and regulatory requirements, says the Enterprise Mobility Management Market, 2014-2018 report.