The global mobile content management market size was estimated to reach over USD 5.1 billion in 2020 and projected to grow at a CAGR of 21.3% over the forecast period.
Most mobile device management (MDM) solutions include mobile content management (MCM), also known as mobile information management (MIM), which allows employees to securely access corporate resources such as documents and media files from any mobile device, including smartphones, tablets, and laptops. It strikes a balance between security and efficiency by applying a number of configurations and limits to prevent unauthorised users from accessing corporate data.
Increased mobile accessibility and fewer paper-based processes are the key growth reasons for this industry. Because of the adoption of the BYOD policy, employees can now access business material outside of the office. Mobile content management technologies allow employees to have secure access to the most recent corporate documents on their mobile devices. Businesses can save money on printing, paper, and shipping as a result of this.
The growing popularity of big data and predictive analytics is expected to boost market expansion in the future years. Because IT systems, assets, resources, and information are scattered across corporate sites and devices with numerous cloud services, organisations are missing out on important insights to optimise their existing resources. As a result, organisations have begun to offer business intelligence (BI) solutions and predictive analytics based on data generated by cloud-based IT service management (ITSM) technologies, which helps firms cut costs and better manage staffing. The ability of big data and predictive analytics to improve operational efficiency, increase throughput, improve business operations quality, reduce cycle time, and flourish in a competitive environment will propel this market to considerable growth throughout the forecast period.
The report also emphasizes several distinctiveness of the global mobile content management industry by valuing the market from value chain breakdown. Moreover, the report encompasses numerous qualitative features of the mobile content management industry which comprises market restraints, drivers, as well as key industry opportunities. Furthermore, the report offers an inclusive evaluation of the company profiling along with the market rivalry of local and global vendors.
The mobile content management market has tough competition among the new emerging and pre-established market vendors. Besides, the mobile content management industry vendors are trying to capture the prospective markets to grab a competitive advantage over the remaining industry vendors. To capture the market, market players are forming agreements, acquiring other companies & startups, mergers & acquisitions, partnerships & collaboration, and escalating their business existence.
Based on the Industry Vertical, the market is segmented into academia and education, banking, financial services, and insurance (BFSI), consumer goods and retail, energy and power, government, life sciences and healthcare, manufacturing, it and telecom, transportation and logistics and others. In 2020, banking, financial services, and insurance (BFSI) segment was estimated to grow significantly among others.
Mobile content management is in significant demand in the banking, financial services, and insurance industries. Financial institutions rely on technology solutions to assist them maximise their resources and operations because the financial services industry is prone to economic and financial crises. Multiple core banking systems can collide, making it difficult to make informed decisions. As a result, banks and financial institutions' IT infrastructure must be updated on a regular basis. As a result, achieving cost reductions or proper integration between the two combined businesses becomes difficult.
In 2020, North America was the major market for mobile content management, with the largest market share. The current boom in high-definition (HD) content marketing will increase demand for solutions to manage rapidly expanding digital libraries. Because of the surge of mobile videos and mobile content distribution models, the market for mobile content management in North America has a bright future through 2028.
The major players of the global Mobile Content Management market are Acronis, AirWatch (VMware), Alfresco Software, BOX, Code42, Dropbox, Genwi, Good Technology, Google, Huddle, iDrive, Microsoft, Nuxeo, OpenText, Sophos, Soti, SugarSync, and Vaultize, and others. Renowned companies are offering new and modern Mobile Content Management software solutions. In addition, the previously recognized as well as new market players are approaching the market with advanced and new strategic services and solutions and to remain competitive in the global market.
Segment Overview of Global Mobile Content Management Market
Deployment Type Overview, 2019-2028 (USD Billion)
Organization Size Overview, 2019-2028 (USD Billion)
- Large Enterprises
- Small and Medium Enterprises (SMEs)
Industry Vertical Overview, 2019-2028 (USD Billion)
- Academia and Education
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Goods and Retail
- Energy and Power
- Life Sciences and Healthcare
- IT and Telecom
- Transportation and Logistics
Regional Overview, 2019-2028 (USD Billion)
- Rest of Europe
- Rest of Asia-Pacific
Middle East and Africa
- South Africa
- Rest of Middle East and Africa
- Rest of South America