Research analysts forecast the global BYOD and enterprise mobility market to grow at a CAGR of 24.12% during the period 2017-2021.

Bring your own device (BYOD) is an initiative that enables organizations to enhance an employee's productivity while eliminating the need to purchase hardware. BYOD provides individuals with the flexibility and mobility to use their own devices on the move. It provides access to e-mails and other shared drives irrespective of the location of the user.
BYOD allows employees to access organizational data and resources without being restricted to a single location, whether they are traveling, out on sales calls, or working from home. Thus, the introduction of mobile devices in the workplace has changed the way users access and consume the resources of the enterprise. An increase in the urban population, higher disposable incomes, the growing penetration of low-cost tablets, and rising customer awareness of electronic gadgets are cumulatively pushing the growth of tablets and mobile applications in enterprises.

Covered in this report
The report covers the present scenario and the growth prospects of the global BYOD and enterprise mobility market for 2017-2021. To calculate the market size, the report considers the market segments, namely BYOD devices (laptops, tablet, and smartphones), BYOD security services (MDM and MAM), and BYOD software (TEM, mobile security option, MEM, MCM, MDM, and MAM).

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The market is divided into the following segments based on geography:
 Americas
 APAC
 EMEA

Technavio's report, Global BYOD and Enterprise Mobility Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Technavio Announces the Publication of its Research Report – Global BYOD and Enterprise Mobility Market 2017-2021

Technavio recognizes the following companies as the key players in the global BYOD and enterprise mobility market: Apple, Citrix Systems, Microsoft, and Samsung Electronics.

Other Prominent Vendors in the market are: Alcatel-Lucent, ASUS, Avaya, BlueBOX IT, Cisco Systems, Dell, ForeScout, Google, Hewlett Packard Enterprise Development, IBM, iPass, Oracle, SAP, Sophos, Symantec, Trend Micro, and Verivo Software.

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Commenting on the report, an analyst from Research team said: “The latest trend gaining momentum in the market is growing awareness of cloud-based BYOD security. Cloud is a convenient and cost-effective way to store business critical data, and thus its adoption is increasing among small- and medium-sized businesses (SMBs) worldwide. The need for cloud security solutions, such as cloud-based BYOD security, is also increasing in effect. The adoption of premise-based security software among SMEs is limited due to budget constraints, sparse resources, and a lack of expertise to address security problems. Cloud-based BYOD security does not require any hardware or software and is controlled remotely, making it cost effective for end-users.”

According to the report, one of the major drivers for this market is Cost savings with BYOD. BYOD is an IT policy wherein employees of a company are encouraged to use their own personal mobile devices such as smartphones, tablets, and laptops to access enterprise data. Implementing BYOD policy in an organization is a tricky business as the concept has advantages as well as disadvantages (if the policy is not implemented properly). BYOD helps in increasing productivity and promoting innovation. Employees are more comfortable with and adept at using their own mobile devices making them more productive and increasing the probability of innovation. Employees prefer using their own devices as they can avoid carrying multiple devices to their workstations.

Further, the report states that one of the major factors hindering the growth of this market is Growth of complementary technologies such as SDN and NFV. By 2020, out of the overall 8.5 billion mobile connections worldwide, approximately 2.2 billion mobile connections will be using LTE technology. This growth in mobile data traffic is driven by an increase in the number of data-capable devices and high-bandwidth applications. The global mobile data traffic will exceed 30 exabytes by 2020 as it grows at a CAGR of 59% from 2015 to 2020 as per Cisco VNI. Software-defined networking (SDN) enables new revenue streams for telecom operators by re-examining network architectures, introducing virtualization, and providing intelligence solutions.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.”
 

Key questions answered in this report: What will the market size be in 2021 and what will the growth rate be?; What are the key market trends?; What is driving this market?; What are the challenges to market growth?; Who are the key vendors in this market space?; What are the market opportunities and threats faced by the key vendors?; What are the strengths and weaknesses of the key vendors? ;

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