The mobile device management (MDM) market is growing at a meteoric rate. In fact,  it is estimated to grow from $1.69 billion to 5.32 billion between 2016 and 2021, according to market research firm Markets and Markets. Which may leave you wondering: What is MDM and why does it matter so much? Here’s a closer look at this game-changing technology solution, along with six benefits it offers today’s forward-thinking, bottom line-minded organizations.

What is MDM?

IT research and advisory company Gartner defines mobile device management as “a range of products and services that enables organizations to deploy and support corporate applications to mobile devices, such as smartphones and tablets, possibly for personal use—enforcing policies and maintaining the desired level of IT control across multiple platforms.”

Which begs the question: Why does MDM matter so much? A recent forecast from the International Data Corporation (IDC) predicts that nearly 75 percent of the US workforce will be mobile-enabled by the year 2020. Because of the increasing consumerization of IT and the resulting proliferation of devices—both professional and personal in the workplace—there is increasing need for comprehensive management solutions designed to harness the power of mobility without compromising security.

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