Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 63.27 Billion | USD 219.46 Billion | 14.82% | 2023 |
According to Zion Market Research, the global Bring Your Own Device (BYOD) & Enterprise Mobility Market was worth USD 63.27 Billion in 2023. The market is forecast to reach USD 219.46 Billion by 2032, growing at a compound annual growth rate (CAGR) of 14.82% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Bring Your Own Device (BYOD) & Enterprise Mobility industry over the next decade.
The organization allows employees to work on solutions using their own devices when they are away from the workplace; this trend is known as bringing your own device (BODY). It will enhance employee productivity. Employees prefer to work from home by using their own devices which will allow them to combine their work and personal life. Moreover, BYOD & enterprise mobility will assist to elevate employee satisfaction and reduce costs.
The bring-your-own-device (BYOD) & enterprise mobility market is anticipated to grow owing to increasing employees’ inclination towards smartphones and other computing devices. Nowadays, companies are getting more attracted to the BYOD trend, which may fuel global market growth. Growth in the global bring-your-own-device (BYOD) & enterprise mobility market will continue owing to the high penetration of smartphones. Also, the reduced cost of hardware for enterprise also enhances the global bring your own device (BYOD) & enterprise mobility market positively.
The global market is growing rapidly owing to company strategies of merger and acquisition; this in turn is anticipated to foster the global bring your own device (BYOD) & enterprise mobility market in the coming years. Conversely, secure system establishment in every organization to achieve success in BYOD & enterprise mobility is critical a job and may restrain global market growth.
The global bring-your-own-device (BYOD) & enterprise mobility market is classified based on devices such as smartphones, PCs, tablets, and others.
Based on the vertical, the global market is bifurcated into IT & telecom, transportation, and logistics, automobile, energy and utilities, manufacturing, BFSI, healthcare, and retail.
However, healthcare and BFSI are the most dominating industries in the global bring-your-own-device (BYOD) & enterprise mobility market, in such booming industries, increasing implementation of bringing-your-own-device is anticipated to enhance the global market growth. This market will further grow in the future due to developing end-user industries.
Based on security, the global bring-your-own-device (BYOD) & enterprise mobility market is classified as mobile fleets security, identity access management, email security, multi-user management, mobile content security, device security, network security, and applications security.
Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Report Attributes | Report Details |
---|---|
Report Name | Bring Your Own Device (BYOD) & Enterprise Mobility Market |
Market Size in 2023 | USD 63.27 Billion |
Market Forecast in 2032 | USD 219.46 Billion |
Growth Rate | CAGR of 14.82% |
Number of Pages | 110 |
Key Companies Covered | Samsung, Alcatel Lucent, Ipass Inc., IBM Corporation, and Good Technology Inc. Other key players in the global market are Aruba Networks, Meru Networks, Dell Corporation, Avaya Inc., and Hewlett-Packard |
Segments Covered | By Devices, By Vertical, By End-User Industries, By Security And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific is growing at a faster rate owing to escalating cloud-based solutions, which may enhance the global bring-your-own device (BYOD) & enterprise mobility market in this region. Also, developing new policies for BYOD & enterprise mobility is anticipated to boost global market growth. North America is an emerging market for bringing your own device (BYOD) & enterprise mobile. This is due to employees’ preference to work on smartphones and tablets for business purposes.
Some of the key market players dominating the Bring Your Own Device (BYOD) & Enterprise Mobility market include:
Other key players in the global market are
By Device
By End-User
By Application
Bring Your Own Device (BYOD) & Enterprise Mobility Market: Regional Segment Analysis
FrequentlyAsked Questions
The bring your own device (BYOD) & enterprise mobility market is anticipated to grow owing to increasing employees’ inclination towards smartphones and other computing devices. Nowadays, companies are getting more attracted to the BYOD trend, which may fuel global market growth. Growth in the global bring your own device (BYOD) & enterprise mobility market will continue owing to the high penetration of smartphones. Also, the reduced cost of hardware for enterprise also enhances the global bring your own device (BYOD) & enterprise mobility market positively. The global market is growing rapidly owing to company strategies of merger and acquisition; this in turn is anticipated to foster the global bring your own device (BYOD) & enterprise mobility market in the coming years. Conversely, secure system establishment in every organization to achieve success in BYOD & enterprise mobility is critical a job and may restrain the global market growth.
According to Zion Market Research, the global Bring Your Own Device (BYOD) & Enterprise Mobility Market was worth USD 63.27 Billion in 2023. The market is forecast to reach USD 219.46 Billion by 2032, growing at a compound annual growth rate (CAGR) of 14.82% during the forecast period 2024-2032
Asia Pacific is growing at a faster rate owing to escalating cloud-based solutions, which may enhance the global bring your own device (BYOD) & enterprise mobility market in this region. Also, developing new policies for BYOD & enterprise mobility is anticipated to boost the global market growth.
Some of the key market players dominating the Bring Your Own Device (BYOD) & Enterprise Mobility market include Samsung, Alcatel Lucent, Ipass Inc., IBM Corporation, and Good Technology Inc. Other key players in the global market are Aruba Networks, Meru Networks, Dell Corporation, Avaya Inc., and Hewlett-Packard.
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