Market Size of Enterprise Mobility Security Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 1.21 Billion |
Market Size (2029) | USD 2.10 Billion |
CAGR (2024 - 2029) | 11.70 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Enterprise Mobility Security Market Analysis
The Enterprise Mobility Security Market size is estimated at USD 1.21 billion in 2024, and is expected to reach USD 2.10 billion by 2029, growing at a CAGR of 11.70% during the forecast period (2024-2029).
Enterprise mobility or business mobility is recognized as the growing trend among businesses to offer remote working options, which also allows the use of personal mobile/laptop devices for business purposes and makes efficient and effective use of cloud technology for data access.
- The enterprise's adoption of cloud-based services has been a massive enabler for vendors, as this provides the flexibility of delivering solutions that can be offered based on the number of users and can also be updated without disrupting the services while doing so. Since these solutions are difficult to switch from one solution provider to another, the competition in getting new customers is high. It requires a considerable amount of time and money to create an infrastructure that can be supported.
- The vendors in the market studied offer cross-platform support for their solutions to address the need of enterprises to support multiple device types used by their employees. Android, Windows, iOS, macOS, and Samsung Knox are a few such platforms that are supported. The EMS can provide secure business productivity by providing either or all these services, such as a unified launcher to access all apps, secure browser, email, calendar, contacts or cards, separate corporate identity on personal devices, secure instant messaging, secure notes, and access to cloud-stored files.
- In a modern workspace, where bring-your-own-device (BYOD) and mobility scenarios are gaining increased significance, EMS helps IT administrators meet the challenges of data protection and risk management. Additionally, the introduction of 5G is expected to shape the landscape of enterprise mobility further. This is because 5G will be able to make remote work faster and easier. It will provide a more reliable experience and will also offer businesses and their employees greater flexibility.
- Market vendors face challenges in the market as multiple enterprises have legacy OS still functional in their enterprises. Such challenges make it necessary for the market players to provide support for older versions of OS as a one-time switch cost to a new platform, making it a complicated option for multiple vendors to offer solutions with minimum price.
- The spread of COVID-19 increased the demand for EMS solutions. According to Owl Labs, about 16% of global companies are fully remote, whereas 40% offer in-office and remote work, which is in line with what most employees prefer. This number is expected to increase soon as companies embrace the work-from-home culture.
Enterprise Mobility Security Industry Segmentation
Enterprise mobility security (EMS) addresses the need for securing the devices while providing greater agility brought on by a shift from the traditional central office business model among enterprises.
The Enterprise Mobility Security Market can be segmented by Device (Smartphones, Laptops, Tablets), End-user Industry (Banking/Insurance, Healthcare, IT and Telecom, Government), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The market sizes and forecasts are provided in value (USD million) for all the above segments.
The Enterprise Mobility Security market is expected to grow at a CAGR of 33.8 % during the forecast period.
By Device | |
Smartphones | |
Laptops | |
Tablets |
By End-User | |
Banking/Insurance | |
Healthcare | |
IT and Telecom | |
Government | |
Other End-user Industries |
Geography | |
North America | |
Europe | |
Asia-Pacific | |
Latin America | |
Middle East and Africa |
Enterprise Mobility Security Market Size Summary
The enterprise mobile security market is experiencing significant growth, driven by the increasing trend of remote work and the adoption of cloud-based services. This market is characterized by the need for secure business productivity solutions that support multiple device types, including Android, Windows, iOS, macOS, and Samsung Knox. The rise of bring-your-own-device (BYOD) policies and the integration of 5G technology are further shaping the landscape, offering greater flexibility and reliability for remote work. However, the market faces challenges due to the presence of legacy operating systems in many enterprises, necessitating support for older versions as companies transition to newer platforms. The COVID-19 pandemic has accelerated the demand for enterprise mobile security solutions, particularly in sectors like banking, financial services, and insurance (BFSI), where data protection and compliance are critical.
In the Asia-Pacific region, the enterprise mobile security market is poised for growth due to increasing digitalization and the adoption of smart technologies. The region's investment in mobile infrastructure and services has enhanced connectivity, driving the demand for mobility security solutions across various industries. The adoption of 5G and AI technologies is expected to further propel market growth, as these advancements increase the risk of security breaches. Strategic initiatives such as mergers, acquisitions, and partnerships are prevalent in the market, with companies like SyncDog, CWSI, and Jamf expanding their offerings and market presence. These developments highlight the growing awareness and importance of mobility security among enterprises, as they seek to protect their data and ensure compliance in an increasingly mobile and digital world.
Enterprise Mobility Security Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Industry Attractiveness - Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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1.5 Assessment of COVID-19 Impact on the Enterprise Mobility Security Market
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2. MARKET SEGMENTATION
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2.1 By Device
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2.1.1 Smartphones
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2.1.2 Laptops
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2.1.3 Tablets
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2.2 By End-User
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2.2.1 Banking/Insurance
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2.2.2 Healthcare
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2.2.3 IT and Telecom
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2.2.4 Government
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2.2.5 Other End-user Industries
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2.3 Geography
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2.3.1 North America
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2.3.2 Europe
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2.3.3 Asia-Pacific
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2.3.4 Latin America
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2.3.5 Middle East and Africa
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Enterprise Mobility Security Market Size FAQs
How big is the Enterprise Mobility Security Market?
The Enterprise Mobility Security Market size is expected to reach USD 1.21 billion in 2024 and grow at a CAGR of 11.70% to reach USD 2.10 billion by 2029.
What is the current Enterprise Mobility Security Market size?
In 2024, the Enterprise Mobility Security Market size is expected to reach USD 1.21 billion.