According to the report published by Zion Market Research, global demand for the Bring Your Own Device (BYOD) & Enterprise Mobility Market was valued at approximately USD 54.60 Billion in 2019 and is expected to generate revenue of around USD 153.11 Billion by end of 2026, growing at a CAGR of around 15.87% between 2020 and 2026.
According to the report published by Zion Market Research, global demand for the Bring Your Own Device (BYOD) & Enterprise Mobility Market was valued at approximately USD 54.60 Billion in 2019 and is expected to generate revenue of around USD 153.11 Billion by end of 2026, growing at a CAGR of around 15.87% between 2020 and 2026.
Global Bring Your Own Device (BYOD) & Enterprise Mobility Market: Overview
The organization allows employees to work on solutions using their own devices when they are away from the workplace; this trend is known as bring your own device (BODY). It will enhance employee productivity. Employees prefer to work from home by using their own devices that will allow them to combine their work and personal life. Moreover, BYOD & enterprise mobility will assist to elevate employee satisfaction and reduce the cost.
Global Bring Your Own Device (BYOD) & Enterprise Mobility Market: Growth Factors
The bring your own device (BYOD) & enterprise mobility market is anticipated to grow owing to increasing employees’ inclination towards smartphones and other computing devices. Nowadays, companies are getting more attracted to the BYOD trend, which may fuel global market growth. Growth in the global bring your own device (BYOD) & enterprise mobility market will continue owing to the high penetration of smartphones. Also, the reduced cost of hardware for enterprise also enhances the global bring your own device (BYOD) & enterprise mobility market positively. The global market is growing rapidly owing to company strategies of merger and acquisition; this in turn is anticipated to foster the global bring your own device (BYOD) & enterprise mobility market in the coming years. Conversely, secure system establishment in every organization to achieve success in BYOD & enterprise mobility is critical a job and may restrain the global market growth.
Global Bring Your Own Device (BYOD) & Enterprise Mobility Market: Segmentation
The global bring your own device (BYOD) & the enterprise mobility market is classified based on devices as smartphones, PCs, tablets, and others. Based on the vertical, the global market is bifurcated as IT & telecom, transportation, and logistics, automobile, energy and utilities, manufacturing, BFSI, healthcare, and retail. However, healthcare and BFSI are the most dominating industries in the global bring your own device (BYOD) & enterprise mobility market, in such booming industries, increasing implementation of bringing your own device is anticipated to enhance the global market growth. This market will further grow in the future due to developing end-user industries. Based on security, the global bring your own device (BYOD) & enterprise mobility market is classified as mobile fleets security, identity access management, email security, multi-user management, mobile content security, device security, network security, and applications security.
Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Global Bring Your Own Device (BYOD) & Enterprise Mobility Market: Regional Analysis
Asia Pacific is growing at a faster rate owing to escalating cloud-based solutions, which may enhance the global bring your own device (BYOD) & enterprise mobility market in this region. Also, developing new policies for BYOD & enterprise mobility is anticipated to boost the global market growth. North America is an emerging market for bringing your own device (BYOD) & enterprise mobile. This is due to employees’ preference to work on smartphones and tablets for business purposes.
Global Bring Your Own Device (BYOD) & Enterprise Mobility Market: Competitive Players
Some of the key market players dominating the Bring Your Own Device (BYOD) & Enterprise Mobility market include Samsung, Alcatel Lucent, Ipass Inc., IBM Corporation, and Good Technology Inc. Other key players in the global market are Aruba Networks, Meru Networks, Dell Corporation, Avaya Inc., and Hewlett-Packard.
Bring Your Own Device (BYOD) & Enterprise Mobility Market: Regional Segment Analysis
The bring your own device (BYOD) & enterprise mobility market is anticipated to grow owing to increasing employees’ inclination towards smartphones and other computing devices. Nowadays, companies are getting more attracted to the BYOD trend, which may fuel global market growth. Growth in the global bring your own device (BYOD) & enterprise mobility market will continue owing to the high penetration of smartphones. Also, the reduced cost of hardware for enterprise also enhances the global bring your own device (BYOD) & enterprise mobility market positively. The global market is growing rapidly owing to company strategies of merger and acquisition; this in turn is anticipated to foster the global bring your own device (BYOD) & enterprise mobility market in the coming years. Conversely, secure system establishment in every organization to achieve success in BYOD & enterprise mobility is critical a job and may restrain the global market growth.
According to Zion Market Research, global demand for the Bring Your Own Device (BYOD) & Enterprise Mobility Market was valued at approximately USD 54.60 Billion in 2019 and is expected to generate revenue of around USD 153.11 Billion by end of 2026, growing at a CAGR of around 15.87% between 2020 and 2026.
Asia Pacific is growing at a faster rate owing to escalating cloud-based solutions, which may enhance the global bring your own device (BYOD) & enterprise mobility market in this region. Also, developing new policies for BYOD & enterprise mobility is anticipated to boost the global market growth.
Some of the key market players dominating the Bring Your Own Device (BYOD) & Enterprise Mobility market include Samsung, Alcatel Lucent, Ipass Inc., IBM Corporation, and Good Technology Inc. Other key players in the global market are Aruba Networks, Meru Networks, Dell Corporation, Avaya Inc., and Hewlett-Packard.
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