London, 09 March 2015 – TechNavio, a tech-focused research firm, has published a new report on the Global Mobile Data Monitoring (MDM) Market, which is expected to grow at a CAGR of 22.7 percent from 2014-2019.
According to the latest report by TechNavio, the increased use of personal devices for financial transactions is a major factor that is expected to propel the demand for MDM solutions in the consumer electronics segment, thus leading to the growth of the Global MDM Market.
“The popularity of mobile transactions like online payment, e-commerce and third-party transactions has encouraged the use of mobile banking, but has also created the need for high-level security against hacking and manipulation,” says Faisal Ghaus, Vice President of TechNavio.
The latest report by TechNavio emphasizes the growing adoption of big data services, which is expected to propel the market in the coming years. Big data is a rapidly growing market that is expected to generate huge revenue.
“Big data solutions offer a wide range of services required for processing and analyzing enterprise data, which is the main reason these solutions are becoming so widely accepted, and adopted by enterprises on a large scale,” says Ghaus.
TechNavio currently has more than 3000 market research reports on a huge range of topics, including:
https://www.technavio.com/%3Cp%3E%3Cstrong%3EAbout%20TechNavio%3C/strong%…
