BYOD Security Market Set for Rapid Growth by 2027

The acronym BYOD stands for “Bring Your Own Device.” Today’s workers desire to accomplish their work at the office using their personal mobile devices, such as PCs, tablets, and smart phones.

Every business wants to increase employee productivity in the existing workplace while still ensuring the security of their company’s data. While using personal devices at work can boost employee productivity, it also increases the danger of data leakage.

By obfuscating the concept of physical location with the usage of personal mobile devices, BYOD effectively affects the conventional security strategy of securing the IT data to be restricted inside the premises.

The BYOD security paradigm is one that many businesses that permit employees to use their own devices to access the network have implemented. When employees use their own devices at work, the BYOD security model ensures that the company’s security standards are not compromised. The market share of global BYOD security is growing as a result of the development of BYOD security software, which lowers security threats.

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Global BYOD Security Market: Market Drivers and Restraints

The shifting role of IT & the end of legacy apps are the major themes driving the growth of the global BYOD security market.

The ease of accessing corporate data via smart phones, the growing adoption of the BYOD concept among different corporations in order to increase productivity, the increasing use of cloud storage by different organisations, the reduction of hardware costs through the use of the BYOD concept in the organisation, and the popularity of the BYOD concept across different corporations are some of the key drivers for the global BYOD security market.

Global BYOD Security Market: Key Players

Bluebox, ForeScout Technologies Inc., Good Technology, Fiber-Link Communications LLC (recently acquired by IBM), and others are the major companies in the worldwide BYOD market.

The study report provides a thorough analysis of the market and is filled with intelligent observations, information, historical facts, and market data that has been statistically backed and verified by the relevant industries. It also includes estimates made utilising the appropriate methodology and set of assumptions. According to market segments including location, technology, and applications, the research study offers analysis and information.

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The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Global BYOD Security Market: Segmentation

Segmentation of global BYOD security market is done on the basis of device type, solution type, software type, end user & Geography

On the basis of device type, global BYOD security market is segmented into following segments;

  • laptop
  • tablet & smartphone

By solution types, global BYOD security market is segmented as

  • Mobile Device Management (MDM)
  • Mobile Application Management (MAM)
  • Mobile Content Management (MCM)
  • Mobile Identity Management (MIM)

Segmentation of global BYOD market on the basis of software type is given as

  • mobile data security,
  • mobile device security
  • network security.

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On the basis of Geography, global BYOD security market is segmented into seven reason

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Japan
  • The Middle East and Africa (MEA)

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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