Interscale Content Hub – We’re seeing a huge rise in the enterprise mobility management market all over the world, including in Australia.
This is being driven by the increasing adoption of mobile devices in workplaces.
This is turning the way businesses operate on its head, making it easier for employees to work flexibly and productively.
But it also raises some security, data management and device control issues.
That’s where EMM solutions jump in, offering a complete framework to manage and secure the growing number of mobile devices in your company.
If you’re struggling to manage your mobile workforce or just want to know more about the latest trends in this fast-moving market, read on.
Current Market Size and Valuation of EMM
The enterprise mobility management (EMM) market is really thriving right now, driven by the increasing reliance on mobile devices in professional settings.
The latest SNS Insider 2022 report says that by 2023, the global EMM market was worth around USD 15.54 billion. It’s expected to reach USD 86.3 billion by 2031, which is a CAGR of 23.9% over the forecast period.
This shows that businesses are realising they need to have strong solutions in place to manage and secure their mobile infrastructure.
Growth Projections and CAGR of EMM
The future of the EMM market looks really promising, with projections showing a steady growth rate in the coming years.
The SNS Insider report says the market will grow at a healthy pace, with a CAGR of 23.9% from 2024 to 2031. It should reach USD 86.3 billion by 2031.
This impressive growth can be put down to a few different things, including the rise of BYOD policies, more people working remotely and an increasing need for secure access to company data from mobile devices.
These trends are set to drive even more demand for EMM solutions, making it a very attractive market for vendors and investors alike.
On the other hand, Mordor Intelligence’s “Enterprise Mobility Management Market Size & Share Analysis,” report predicts a slightly more modest CAGR of 12.84% over the forecast period.
While this figure is lower than what SNS Insider is saying, it still shows that the EMM market is going to grow a lot in the next few years.
The difference in CAGR projections between the two reports could be down to differences in methodology, data sources or the specific market segments they’re looking at.
Just wanted to flag up that you might find the “Enterprise Mobility Management Solutions: Objectives, Challenge in Implementing, & Choices in Australia,” useful as a reference for how useful EMM is.
Regional Market Shares and Growth Rates of Enterprise Mobility Management
Both reports give a global view of the EMM market, and they also look at regional trends.
Mordor Intelligence says the biggest market for EMM is North America, mainly because lots of businesses in sectors like banking, retail, manufacturing and healthcare use mobility solutions.
The SNS Insider report backs this up, saying the rise in mobile devices being used in different industries is a big reason why EMM is becoming more popular.
The Asia-Pacific region is the fastest-growing market in Mordor Intelligence’s report, driven by rapid digital transformation and the increasing use of mobile devices in emerging economies.
This fits with the SNS Insider report’s prediction that the global EMM market will grow at a rate of 23.9% from 2024 to 2031. This shows that there will be a strong demand for EMM solutions in this region.
Europe is also a big market for EMM solutions. Germany, the UK and France are at the cutting edge of tech and have strong rules in place to keep everything safe and secure, which is why there’s such a demand for secure mobile solutions.
The region’s got a diverse economy and a strong focus on data protection, which is also driving the uptake of EMM.
While neither report goes into detail about the Australian market share, it seems likely that the trends we’ve seen in North America, Asia Pacific and Europe will be reflected in Australia too.
As more and different types of businesses start using mobile devices, and as more regulations come into play, it’s likely that demand for EMM solutions in Australia will grow.
The Australian Signals Directorate also says we need to have mobile device management policies in place to keep our mobile devices safe and secure.
EMM Market Drivers
There are a few main reasons why the EMM market is growing so fast.
First, we’re seeing companies adopt a Bring Your Own Device (BYOD) policy, which means employees can use their own devices for work. This creates a need for effective EMM solutions to secure and manage these devices.
Then there’s the move towards cloud-based EMM solutions, which are scalable, flexible and cost-effective, making them a popular choice for many organisations.
The rise of remote work, which got a boost from the pandemic, also led to a bigger demand for EMM solutions.
As more employees work from home or other remote locations, businesses need solid solutions to manage and secure devices outside the traditional office perimeter.
This shows us that there is an increasing need for EMM solutions as businesses look to manage and secure their mobile infrastructure effectively.
Consequently, the “Guidelines for Enterprise Mobility” from the Australian Signals Directorate (ASD) says it’s really important to have a mobile device management policy to make sure that mobile devices that leave the office are secure.
As a helpful guide, we recommend reading “Best Enterprise Mobility Management Software in 2024.”
Market Challenges of Enterprise Mobility Management (EMM)
The ASD guidelines show how some EMM solutions can be pretty complex. The EMM can be tricky to put in place and manage, and you need to have the right skills and resources to do it.
This can be a hurdle for small and medium-sized businesses that may not have the know-how or budget to implement a full EMM solution.
Another big issue is cost, as the Mordor Intelligence report shows.
The costs involved in setting up and upgrading EMM solutions can be a real barrier for some businesses, especially smaller ones.
On top of that, employees might not be happy about the change, they might have concerns about privacy.
For sure, it can be tricky to integrate EMM solutions with existing IT infrastructure, which can make it harder for businesses to adopt EMM.
How Interscale Becomes Your EMM Solution
Here at Interscale, we know the struggles you’re facing in the architecture, engineering, and construction (AEC) industry.
That’s why we have created a tailored EMM solution to meet the unique needs of your business. And what did we find?
Interscale’s EMM platform has all the features you need to work effectively in the AEC industry. These features include:
- Some robust security protocols to protect your sensitive project data.
- Some intuitive device management tools to streamline your IT operations.
- Some pretty handy collaboration features that enable seamless communication and information sharing among your project stakeholders.
To make it easy for you to get started, we’ve put together a dedicated Enterprise Mobility Management service on our website.
You can find out more about what our solution can do for you and how it can benefit your business.
We can also arrange one-to-one meetings to talk through your particular requirements and show you how our EMM solution can be adapted to suit your company.
In Closing
We’re seeing significant growth in the EMM market, especially in North America and Asia-Pacific. Lots of businesses there are quick to get on board with mobile solutions.
However, the EMM market is facing some challenges. So, businesses need to tackle these challenges head-on with a range of strategies.
The experts at Interscale also help businesses get to grips with the tricky world of the enterprise mobility management market.
