BYOD is a policy that allows employees to access corporate data and applications on their personal mobile devices. It helps capture, manipulate, transfer, store, and manage corporate data through cloud-based services, thereby helping organizations to keep their employees connected to each other and to the organizations’ data. BYOD is increasingly adopted by companies as it provides the convenience to employees to work from any location without hampering the quality of work. BYOD solutions can improve the productivity of the mobile workforce of an organization. It also helps employees in real-time decision-making processes and provides global connectivity. As BYOD policy is gaining popularity, implementing BYOD applications and security solution is highly important. BYOD security solutions allow remote management of mobile devices such as laptops, tablets, and smartphones using BYOD applications installed on mobile devices.
TechNavio's analysts forecast the Global BYOD market to grow at a CAGR of 25.32 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global BYOD market for the period 2015-2019. Moreover, to calculate the market size, the report considers revenue generated from the sales of:
Technavio Announces the Publication of its Research Report – Global BYOD Market 2015-2019
Technavio recognizes the following companies as the key players in the Global BYOD Market: Apple Inc., Citrix Systems Inc., IBM Corp. and VMware Inc.
Other Prominent Vendors in the market are: BlueBox, Cisco Systems, ForeScout Technologies, Google, HP, IPASS, Kaspersky, McAfee (Intel), Movero, Oracle, Sophos, Symantec, TrendMicro and Verivo Software
Commenting on the report, an analyst from Technavio’s team said: “One key trend upcoming in the market is the increase in demand for mobile virtualization. Mobile virtualization enables the simultaneous running of multiple operating systems on mobile devices.”
According to the report, one of the major growth drivers of the Global BYOD market is the increase in the number of mobile platforms. Increased investments in mobile devices by vendors such as Apple, Samsung, and Lenovo have increased the use of these devices. The platforms provided by these vendors support a large number of user applications without affecting the speed of the device. They also help access real-time information as and when needed, irrespective of the time or place.
Further, the report states that one of the major challenges that the market faces is the threat of cyber attacks. The growing adoption of BYOD has given rise to the challenge of securing an organization's networks used by the employees. The use of personal devices to access corporate data at any time and from anywhere has made networks vulnerable to unauthorized access, leakage of crucial information of organizations, and virus attacks. This has made it necessary to implement various security solutions.
AirWatch (VMware), Apple, Citrix Systems, IBM , BlueBox , Cisco Systems , ForeScout Technologies , Good Technology , Google , HP , IPASS , Kaspersky, McAfee (Intel), MobileIro, Movero , Oracle , SAP, Sophos, Symantec, TrendMicro, Verivo Software
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