The BYOD And Enterprise Mobility Market witnesses rapid growth. Factors such as the proliferation of BYOD and growing numbers of enterprises worldwide drive the market growth. Besides, the major shift towards work from home and BYOD policies due to covid-driven lockdown mandates boosts market size. Enterprises are embracing new mobility concepts that rely heavily on software, connectivity, and artificial intelligence.
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Resultantly, the demand for BYOD and enterprise mobility that can meet modern digital business needs are growing too. In this regard, Market Research Future (MRFR) states that the global BYOD and enterprise mobility market is expected to witness significant gains of USD 157 Billion by 2030, registering a 15.25% CAGR throughout the review period (2018 – 2023).
There is significant value in using data derived from BYOD and enterprise mobility to gain insights and intelligence for various stakeholders in the IT ecosystem. Subsequently, recent upgrades in BYOD and enterprise mobility foster the market valuation. Additionally, the rising demand for smarter mobility to organize trillions of data points across multiple brands pushes the market growth.
BYOD (Bring Your Own Device) and Enterprise Mobility are a set of technologies and policies that enable employees to use their personal consumer electronics devices such as smartphones, laptops, and tablets to access corporate data and applications. This allows employees to work remotely, while still having access to corporate resources. It also enables businesses to increase their agility and responsiveness by allowing employees to access the resources they need from anywhere. The main benefits of BYOD and enterprise mobility include increased productivity, reduced costs, improved security, and enhanced customer experience. The main challenges that come with BYOD and enterprise mobility include managing employee access and security, data synchronization, and application compatibility.
Global BYOD and Enterprise Mobility Market –Segments
The market is segmented into software, services, security, deployments, end-users, and region. The software segment is sub-segmented into device management, application management, data management, email management, telecom expense management, and others.
The security segment is sub-segmented into device security, application security, content security, network security, identity access management, and multiple-user management. The service segment is bifurcated into managed and professional services. The deployment segment is sub-segmented into cloud and on-premise.
The end-user segment is sub-segmented into BFSI, automobile, manufacturing, IT telecom, retail, healthcare, transportation and logistics, and others. By region, the market is classified into the Asia Pacific, Americas, Europe, MEA, and rest-of-the-world.
Global BYOD and Enterprise Mobility Market – Geographical Analysis
North America dominates the global BYOD and enterprise mobility market, heading with the growing cloud-based application industry in the region. The largest market share attributes to the increasing adoption of the internet of things and BYOD policy in growing enterprises in the US and Canada.
Moreover, large technological advances and the presence of various BYOD and enterprise mobility solution providers influence the region's market revenues. Besides, the futuristic infrastructure in the region fosters the market size, bringing about advanced BYOD and enterprise mobility platforms.
Global BYOD and Enterprise Mobility Market – Competitive Analysis
Fiercely competitive, the BYOD and enterprise mobility market witnesses a large presence of notable players. These players focus on product development and incorporate strategic approaches, such as collaboration, mergers acquisitions, product launch, and expansion to gain a larger competitive share. They make substantial investments to drive RD for the development of required technologies and expansion.
Major Players:
Players leading the global BYOD and enterprise mobility market include Cisco Systems, Inc (US), Microsoft Corporation (US), Blackberry Limited (Canada), IBM Corporation (US), Infosys Limited (India), Tata Consultancy Services Limited (India), Tech Mahindra Limited (India), SAP SE (Germany), Honeywell International (US), ATT (US), Capgemini (Germany), Accenture (US), Oracle Corporation (US), and HCL Technologies (India), among others.
Industry/Innovation/Related News:
Nov. 09, 2021 --- SyncDog, Inc., a leading global Independent Software Vendor (ISV) for next-generation mobile security data loss prevention, announced its partnership with Deltek's Marketplace to bring the first fully integrated end-to-end mobile security solution to global enterprises and government agencies.
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The partnership would enable SyncDog to help government contractors and other organizations rapidly deploy a zero-trust security framework across their mobile endpoint landscape.
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About Market Research Future (MRFR):
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. MRFR’s approach combines the proprietary information with various data sources to give an extensive understanding to the client about the latest key developments, expected events and also about what action to take based on these aspects.
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