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ntroduction of BYOD security software reduces the security risks associated with BYOD, due to which the adoption of BYOD policies by the companies in emerging markets is increasing. BYOD concept is gaining foothold due to its benefits for the enterprises such as lowering down infrastructure cost, increased productivity of the organizations and allowing employees to work according to their convenient time and place. The increasing importance of BYOD concept would ultimately support BYOD security market to rise in emerging markets by 2020.
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Opportunity Analysis and Industry Forecast, 2016-2023 BYOD Security Market Global Opportunity Analysis and Industry Forecast, 2013-2020
Introduction • BYOD Security Market is expected to garner $24.6 billion by 2020, registering a CAGR of 36.3% during the forecast period 2014-2020 • Introduction of BYOD security software reduces the security risks associated with BYOD, due to which the adoption of BYOD policies by the companies in emerging markets is increasing • BYOD concept is gaining foothold due to its benefits for the enterprises such as lowering down infrastructure cost, increased productivity of the organizations and allowing employees to work according to their convenient time and place • Mobile application management (MAM) solutions would be witnessing tremendous growth opportunities in future due to the rising awareness about these security solutions across various regions • North American countries generated considerable amount of revenue in 2013 due to early adoption of BYOD concept and implementation of BYOD security policies
Key Factors of the Market • Upsurge in the adoption of BYOD by Organization • BYOD Implementation reduce hardware cost • Increased Productivity • Take up of BYOD amongst diverse Industries • Highest Market Penetration- Mobile Devices • Low Awareness • Inadequate Trust among Employees
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Key Benefits of the Market • The global BYOD security market would grow due to increase in the adoption BYOD across companies in emerging markets and appification of businesses during the forecast period (2014-2020) • Tablet security software would witness an increasing growth with a CAGR of 46.2% during 2014-2020 • Mobile application management segment would grow at a rapid rate as compared to other solutions, which includes mobile device management, mobile content management and mobile identity management • North American region generates highest revenue for the global market
Key Players of the Market • SAP • Symantec • Vmware • Citrix Systems • Mobile Iron • Good Technology • Trend Micro • IBM • Alcatel Lucent and • Cisco Systems • For purchase enquiry, visit @ https://www.alliedmarketresearch.com/purchase-enquiry/637
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