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Bring Your Own Device (BYOD) Market Analysis – Study, Strategic assessment, Scope Of Market, Market size

Monday, February 27, 2017 6:11
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Key vendors operating in the industry are Cisco Systems, Good Technology, Alcatel-Lucent, Air Watch, Aruba Networks, AT&T Mobility, Blue box, IBM Corporation, and Mobile Iron.

Bring your own device (BYOD) is a policy in which employees are permitted to carry their own personal devices to workplace and use it to access confidential information and applications of an organization. The trend is growing in developing countries, such as Russia and Brazil, at a rapid rate, while the growth is steady in developed economies.

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The prevalence of smartphones and tablets has led organizations to allow their employees to use their own devices as this has resulted in improvement in productivity and cost saving. In addition, adoption of BYOD in turn has increased convenience, flexibility, and morale of employees.

Increasing awareness about benefits of BYOD system, enhancement in productivity of organization, and reduction in operating expenditure & capital expenditure are factors that drive the global BYOD market. However, security concerns and data breaches hamper the market growth. Enhancement in data service availability and increasing usage of mobile devices provide new opportunities in the industry for growth.

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The global bring your own device market is segmented on the basis of end use, device, and geography.

Based on end user
into small businesses and
mid-to-large-sized business

Based on device
and laptops

North America
Latin America
Asia-Pacific and
Middle East & Africa

These key industry players have implemented collaborations, mergers & acquisitions, expansion, partnerships, and joint ventures as their key developmental strategies to gain stronger position and competitive edge over others in the industry.

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