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BYOD and enterprise mobility is a practice that allows employees to use their personal electronic devices such as smartphones, tablets, and laptops for organizational purposes. An increasing number of businesses are implementing BYOD and enterprise mobility solutions for flexible management of work, reduction of infrastructure cost, and maximized employee performance. Beyond these advantages, BYOD and enterprise mobility solutions have become increasingly popular among businesses owing to the higher level of flexibility and convenience they provide. BYOD and enterprise mobility solutions allow organizations to work more efficiently by providing effective ways workforce connectivity and faster ways of employee communications.
Key Market Driver -
Increasing demand for productivity and employee satisfaction among businesses
Key Market Restraint -
Complexion in upgradability and lack of system integration to obstruct the market growth
Global BYOD and enterprise mobility is expected to witness significant growth during the forecast period mainly attributed to the rising growth of mobile and broadband services, increasing need for productivity among businesses, and high demand for BYOD solutions among various sectors such as IT and telecommunications, healthcare, BFSI, retail, transportation, and others. In addition to this, SMEs are adopting effective cloud-based solutions, which may fuel the market growth during the forecast period. Moreover, the growing economy, the rapid rate of urbanization, and extensive opportunities in cloud-based solutions are further expected to drive market growth.
Nevertheless, Complexion in upgradability and lack of system integration of BYOD and enterprise mobility solutions will hamper the market growth.
By software, the market is segmented into data management, email management, application management, device management, and others. Based on the services, the market is fragmented into managed services and professional services. Based on security, the market has been segmented into data security, email security, network security, identity access management, and application security. By the end-user, the BYOD and enterprise mobility market has been segmented into BFSI, IT and telecommunications, automobile, retail, healthcare, transportation and logistics, and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The major companies in the global BYOD and enterprise mobility market report include Microsoft, Cisco Systems, Inc., BlackBerry Limited, Infosys Limited, IBM Corporation, SAP SE, Honeywell International Inc, Capgemini, Accenture, HCL Technologies Limited, and Oracle Corporation.
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The global BYOD and enterprise mobility market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America, followed by Asia Pacific, is expected to hold the largest share in the global BYOD and enterprise mobility market. This growth is mainly attributed to the early adoption of software-defined solutions and the high pace of technological advancements. Rising developments in IT infrastructure The growth in Asia Pacific is mainly owing to the increasing adoption of cloud-based solutions and employees’ inclination to work on smartphones and tablets for business purposes. Europe is expected to witness noticeable development in the global BYOD and enterprise mobility market in terms of CAGR.
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