The new report by Expert Market Research titled, ‘Global BYOD and Enterprise Mobility Market Size, Report and Forecast 2022-2027’, gives an in-depth analysis of the Global BYOD and Enterprise Mobility Market, assessing the market based on its segments like device, component, deployment, vertical and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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BYOD and Enterprise Mobility Market Share, Size, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2017-2027)
• Forecast CAGR (2022-2027): 15.65%
Technology advancements, an increase in connected devices, employee preferences for using personal devices for work-related tasks, and the benefits of BYOD programs, such as employee access to corporate apps and data on personal devices, decreased costs for businesses, increased employee productivity and job satisfaction, are all predicted to drive the global market for BYOD and enterprise mobility. The three main markets are anticipated to be North America, Europe, and Asia.
BYOD and Enterprise Industry Definition and Major Segments
If the devices are updated with the company’s most recent security standards, a number of sophisticated BYOD programs allow employees access to corporate email on their smartphones but, if an employee’s device raises a security alarm, the device is locked out of the company’s internal network. Many businesses work with managed mobility services (MMS) providers as outside partners to develop guidelines for a successful BYOD program and to control the costs of international telecom.
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By device, the market is segmented into:
By component, the market is divided into:
- Software (further broken down by type as given below)
- Mobile Device Management
- Mobile Application Management
- Mobile Data Management
- Mobile Email Management
- Mobile Telecom Expense Management
- Security (further broken down by type as given below)
- Device Security
- Email Security
- Application Security
- Mobile Content Security
- Identity Access Management
- Multi-User Management
- Network Security
- Service (further broken down by type as given below)
- Managed Services
- Professional Services
By deployment, the market is segmented into:
By vertical, the market is divided into:
• Banking, Financial Services, and Insurance
• IT and Telecom
• Transportation and Logistics
• Energy and Utilities
By region, the market is segmented into:
• North America
• Asia Pacific
• Latin America
• Middle East
BYOD and Enterprise Mobility Market Trends
A group of services and technology known as enterprise mobility management (EMM) developed to protect company’s data on employees’ mobile devices. Enterprise mobility management now comprises allowing mobility and creating beneficial mobile user interfaces for employees while safeguarding corporate data. The requirement to safeguard firm data on employees’ mobile devices and launch prompt measures in the event that security norms are broken is anticipated to stimulate the industry.
Today’s businesses depend more and more on remote workers. While both companies and employees benefit from this, there are certain drawbacks to the arrangement, such as security threats and productivity problems. Bring your own device (BYOD) is a trend that is anticipated to experience considerable growth globally as more organizations adopt and manage mobile technologies to stay in touch with distant workers.
It is nearly impossible to stop employees from using mobile devices like smartphones and tablets while at work because they have become essential tools for getting work done. A sizable portion of the workforce in today’s business environment is made up of remote workers, and in order to complete tasks, managers and employees need access to business applications and data. In these situations, BYOD programs are gaining popularity, and businesses are implementing BYOD to offer access to more data but in a secure manner.
Key Market Players
The major players in the BYOD and enterprise mobility market are:
- Microsoft Corporation,
- Cisco Systems, Inc.,
- Blackberry Limited,
- Infosys Limited,
- International Business Machines Corporation
- Oracle Corporation.
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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