Businesses across the world are implementing the bring-your-own-device (BYOD) policy to enhance the productivity and efficiency of employees. The implementation of this policy also caters to the surging employee demand for mobility within the workplace. The BYOD policy allows employees to bring their own devices, such as laptops, smartphones, and tablets, to the workplace and integrate enterprise mobility management (EMM) solutions on them to easily access data.
Thus, the surging penetration of BOYD culture, owing to the low cost of smartphones, will augment the need for EMM solutions and services in the forthcoming years. Moreover, the rising internet and smartphone penetration in developing countries will also steer the enterprise mobility management market growth during 2021–2030. According to P&S Intelligence, the market revenue reached $16 billion in 2020.
Additionally, the surging advancements being made in technologies, such as artificial intelligence (AI) and the internet of things (IoT), will also amplify the usage of EMM solutions and services in the foreseeable years. EMM solutions can update, control, and wipe the data of devices from a distance, thereby, providing a sense of flexibility to users.
At present, businesses have the option to choose from mobile device management (MDM), mobile application management (MAM), mobile content management (MCM), mobile expense management (MEM), and identity and access management (IAM) solutions to maintain and manage mobile and handheld devices used within the organization for routine business operations. These EMM solutions are primarily used for securing corporate data from all handheld and mobile devices used in business processes.
In addition to these solutions, organizations are also creating a huge requirement for managed and professional EMM services to enhance their operations.