BYOD And Enterprise Mobility Market Sales Revenue, Key Vendors Analysis, Future

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BYOD And Enterprise Mobility Market Sales Revenue, Key Vendors Analysis, Future

The global BYOD and enterprise mobility market size will touch USD 94.41 billion at a 15.86% CAGR during the forecast period 2020- 2027, states the latest Marke

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BYOD And Enterprise Mobility Market by Software (mobile device management and mobile application management), Security (device, application), Service (managed, professional), Deployment (Cloud, On-Premise), End-User (BFSI, IT and Telecom), And Region – Global Industry Forecast till 2027

Regional Analysis

By region, the global BYOD and enterprise mobility market covers the recent trends and growth opportunity across Europe, the Asia Pacific (APAC), North America, and Rest of the World (RoW). Of these, North America will command the market over the forecast period. Growing cloud-based application industry, huge acceptance by enterprises, and increasing innovative developments in technologies are adding to the global BYOD and enterprise mobility market growth in the region.

In the APAC region, the global BYOD and enterprise mobility market is predicted to grow at a fast pace over the forecast period. Rapid adoption of industrial trends and increasing inclination of companies towards the use of mobile devices for professional purposes are adding to the global BYOD and enterprise mobility market growth in the region.

Market Highlights

The global BYOD and enterprise mobility market size will touch USD 94.41 billion at a 15.86% CAGR during the forecast period 2020- 2027, states the latest Market Research Future (MRFR) analysis. The BYOD (bring your own device) & enterprise mobility allow employees in using their personal devices like laptops, smartphones, and tablets for professional purposes.

Various factors are fuelling the global BYOD and enterprise mobility market growth. As per the recent MRFR market estimates, such factors include the growing SMEs adopting cloud-based services, high demand for BYOD and enterprise mobility solutions from different sectors like retail and consumer goods, media and entertainment, healthcare and life sciences, transportation and logistics, IT and telecommunication, and energy and utility, growing economy, and increasing urbanization. The additional factors adding market growth include rising employment rate, rapid rate of industrialization, reduced hardware cost, increasing penetration of smartphones, growing need for enterprise mobility software in large enterprises, increasing adoption in industrial sector across the globe, cost saving, and convenience to use.

On the contrary, the growing concerns about data security and data theft, compliance and government issues, high cost of BYOD and enterprise mobility solutions, impact of the COVID-19 pandemic, and security risks may impede the global BYOD and enterprise mobility market growth over the forecast period.

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Segmentation:

The MRFR report throws light on an inclusive segmental analysis of the global BYOD and enterprise mobility market based on software, security, service, deployment, and end users.

By software, the global BYOD and enterprise mobility market is segmented into telecom expense management, email management, data management, application management, device management, and others. Of these, the device management segment will lead the market over the forecast period.

By security, the global BYOD and enterprise mobility market is segmented into multiple-user management, identity access management, network security, content security, application security, and device security. Of these, the network security segment will dominate the market over the forecast period.

By service, the global BYOD and enterprise mobility market is segmented into professional services and managed services.

By deployment, the global BYOD and enterprise mobility market is segmented into on-premise and cloud. Of these, the cloud segment will spearhead the market over the forecast period.

By end users, the global BYOD and enterprise mobility market is segmented into transportation and logistics, healthcare, retail, IT and telecom, manufacturing, automobile, BFSI, and others. Of these, the retail segment will have the lions share in the market over the forecast period.

Key Players

The prominent players profiled in the global BYOD and enterprise mobility market report include HCL Technologies (India), Accenture (US), Oracle Corporation (US), Capgemini (Germany), Honeywell International (US), AT&T (US), Tech Mahindra Limited (India), SAP SE (Germany), Tata Consultancy Services Limited (India), IBM Corporation (US), Infosys Limited (India), Blackberry Limited (Canada), Cisco Systems, Inc (US), and Microsoft Corporation (US), among others.

The BYOD and enterprise mobility market is fragmented and also competitive with the presence of many domestic as well as international industry players. They have incorporated assorted strategies to stay at the forefront and also cater to the surging needs of the customers, including collaborations, partnerships, contracts, geographic expansions, new product launches, joint ventures, and more. Additionally, these players are also making heavy investments in research and development activities for strengthening their portfolios and also creating a hold in the market.

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