BYOD Security Market by Type (Smartphone, Tablet and Laptop), Solution (MDM, Mobile Application Management, Mobile Content Management and Mobile Identity Management) and Software (Mobile data security, Mobile device security and Network security) - Global Opportunity Analysis and Industry Forecast, 2013 - 2020

Update Available On-Demand

BYOD is an emerging concept across various geographies. However, security remains the major concern. Considering security concerns and stringent regulatory policies in many European countries, companies in this region are not adopting BYOD policies in their organizations. Rather, employees are scared about their personal data theft. Security of corporate data and personal data remains a major concern and therefore, nearly 40% of the world’s workplaces are not implementing BYOD technology. On the other hand, approximately 60% of the organizations across the world are implementing BYOD policies in their organizations.

Implementation of BYOD reduces the hardware cost for the organizations and increases the productivity of the organizations as well. This leads to increased adoption rate of BYOD which is anticipated to grow at a faster rate in coming years. Due to high initial investment in BYOD security policies, majorly, large-scale enterprises in various industry verticals are adopting BYOD concept. However, the demand of security solutions is also increasing year on year. Eventually, widespread awareness about BYOD security tools would help the BYOD security market to grow. As the BYOD adoption would increase, the demand for BYOD security would also increase and the market would grow at a significant rate. The key players in the market such as Citrix Systems, VMware etc. are developing new security solutions according to the customers’ demand. Additionally, market players are also adopting partnerships and acquisitions as their strategic moves to provide improved services to their customers.