BYOD and Enterprise Mobility Market Growing at 24.12% CAGR to 2021

BYOD and enterprise mobility market latest research report add by ReportsnReports.com, the analysts forecast global BYOD and enterprise mobility industry to grow at a CAGR of 24.12% during the period 2017-2021.

July 12, 2017 /MarketersMedia/ —

BYOD and enterprise mobility market analyst says the latest trend gaining momentum in the market is growing awareness of cloud-based BYOD security. Cloud is a convenient and cost-effective way to store business critical data, and thus its adoption is increasing among small- and medium-sized businesses (SMBs) worldwide. The need for cloud security solutions, such as cloud-based BYOD security, is also increasing in effect. The adoption of premise-based security software among SMEs is limited due to budget constraints, sparse resources, and a lack of expertise to address security problems. Cloud-based BYOD security does not require any hardware or software and is controlled remotely, making it cost effective for end-users.

Complete report on BYOD and Enterprise Mobility market spread across 80 pages, analyzing 4 major companies with table of content are now available at http://www.reportsnreports.com/reports/1119876-global-byod-and-enterprise-mobility-market-2017-2021.html .

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According to the BYOD and enterprise mobility market report, one of the major drivers for this market is Cost savings with BYOD. BYOD is an IT policy wherein employees of a company are encouraged to use their own personal mobile devices such as smartphones, tablets, and laptops to access enterprise data. Implementing BYOD policy in an organization is a tricky business as the concept has advantages as well as disadvantages (if the policy is not implemented properly). BYOD helps in increasing productivity and promoting innovation. Employees are more comfortable with and adept at using their own mobile devices making them more productive and increasing the probability of innovation. Employees prefer using their own devices as they can avoid carrying multiple devices to their workstations.

The following companies as the key players in the global BYOD and enterprise mobility market: Apple, Citrix Systems, Microsoft, and Samsung Electronics. Other prominent vendors in the market are: Alcatel-Lucent, ASUS, Avaya, BlueBOX IT, Cisco Systems, Dell, ForeScout, Google, Hewlett Packard Enterprise Development, IBM, iPass, Oracle, SAP, Sophos, Symantec, Trend Micro, and Verivo Software.

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Global BYOD and Enterprise Mobility Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. This report covers the present scenario and the growth prospects of the global BYOD and enterprise mobility market for 2017-2021. To calculate the market size, the report considers the market segments, namely BYOD devices (laptops, tablet, and smartphones), BYOD security services (MDM and MAM), and BYOD software (TEM, mobile security option, MEM, MCM, MDM, and MAM).

Further, the BYOD and enterprise mobility market report states that one of the major factors hindering the growth of this market is Growth of complementary technologies such as SDN and NFV. By 2020, out of the overall 8.5 billion mobile connections worldwide, approximately 2.2 billion mobile connections will be using LTE technology. This growth in mobile data traffic is driven by an increase in the number of data-capable devices and high-bandwidth applications. The global mobile data traffic will exceed 30 exabytes by 2020 as it grows at a CAGR of 59% from 2015 to 2020 as per Cisco VNI. Software-defined networking (SDN) enables new revenue streams for telecom operators by re-examining network architectures, introducing virtualization, and providing intelligence solutions.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key industry trends?
What is driving this market?
What are the challenges to industry growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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Release ID: 216672