BYOD And Enterprise Mobility Market Overview
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.
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 (2022-2030).
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.
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The prominent players in the BYOD And Enterprise Mobility market are
- Microsoft Corporation (US)
- Cisco Systems, Inc (US)
- Blackberry Limited (Canada)
- Infosys Limited (India)
- IBM Corporation (US)
- Tata Consultancy Services Limited (India)
- SAP SE (Germany)
- Tech Mahindra Limited (India)
BYOD (Bring Your Own Device) and Enterprise Mobility are two closely related concepts in the field of information technology. BYOD refers to the practice of allowing employees to use their personal devices such as smartphones, laptops, and tablets for work-related purposes, while Enterprise Mobility refers to the use of mobile devices and wireless networks to conduct business operations. The BYOD and Enterprise Mobility market has been growing rapidly over the past few years as more and more companies are adopting these practices. This growth can be attributed to several factors, including the increasing use of mobile devices, the rise of remote work, and the need for companies to be more flexible and agile in response to changing business needs. One of the primary benefits of BYOD and Enterprise Mobility is that they can help companies to reduce their IT costs. By allowing employees to use their own devices, companies can save money on hardware and software purchases, as well as reduce the need for IT support and maintenance. In addition, BYOD and Enterprise Mobility can improve employee productivity by enabling them to work from anywhere and at any time. However, there are also some challenges associated with these practices, such as security risks and data privacy concerns. Companies need to implement robust security measures to ensure that sensitive data is protected, and employees need to be trained on best practices for using their personal devices for work purposes. Overall, the BYOD and Enterprise Mobility market is expected to continue to grow in the coming years, driven by the increasing adoption of mobile devices and the need for companies to be more agile and flexible in response to changing business needs. As such, it is important for companies to carefully consider the benefits and risks associated with these practices before implementing them in their organizations.
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 R&D 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), AT&T (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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