BYOD Security Market Size, Share, Trends and Industry Analysis 2022-2027
According to the latest report by IMARC Group, titled “BYOD Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global BYOD security market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.
What is the Estimated Market size & growth rate of the BYOD Security Market?
The global BYOD security market size reached a value of US$ 48.76 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 113.37 Billion by 2027 exhibiting a CAGR of 14.50% during 2022-2027.
Bring your own device (BYOD) is the company policy of permitting employees to utilize their personal devices, such as tablets, laptops, and smartphones in the workplace. It enables them to access applications and confidential information belonging to an organization. BYOD security increases the independence, work satisfaction, flexibility, productivity, and efficiency of employees. It also benefits businesses by reducing expenses on software licensing, hardware, and device management. As a result, BYOD security finds widespread applications across small, large and medium-sized enterprises and government organizations across the globe.
Note:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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BYOD Security Market Trends and Drivers:
The escalating adoption of innovative safety measures to secure enterprise data and employee-owned devices is one of the primary factors driving the BYOD security market.
Besides this, the rising utilization of smartphones and tablets in companies that can be infected by malware through the Internet and external storage gadgets, including USBs and media cards, is further augmenting the need for BYOD security solutions.
Apart from this, the growing popularity of the work from home (WFH) culture in organizations, on account of the sudden outbreak of the COVID-19 pandemic, is also catalyzing the global market. Moreover, the increasing focus of leading players on acquisitions, investments, partnerships, and mergers is acting as another significant growth-inducing factor. Additionally, the expanding information and technology (IT) sector and the increasing tech-savvy population are expected to bolster the BYOD security market in the coming years.
| BYOD Security Market Report Scope | |
| Report Coverage | Details |
| Market size value in 2021 | US$ 48.76 Billion |
| Market forecast in 2027 | US$ 113.37 Billion |
| Growth Rate | CAGR of 14.50% from 2022 to 2027 |
| Base year for estimation | 2021 |
| Historical data | 2016-2021 |
| Forecast period | 2022-2027 |
Global BYOD Security Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Who are the Top Key Players of BYOD Security Market?
- Alcatel-Lucent Enterprise (Nokia Oyj)
- Aruba Networks (Hewlett Packard Enterprise Development LP)
- Avaya Inc.
- BlackBerry Limited
- Broadcom Inc.
- Cisco Systems Inc.
- Citrix Systems Inc.
- Forescout Technologies Inc.
- International Business Machines Corporation
- iPass Inc. (Pareteum Corporation)
- Ivanti
- VMware Inc.
The report has segmented the market on the basis of region, device type, solution, deployment type and end user.
Breakup by Device Type:
• Laptop
• Smart Phone
• Tablet
Breakup by Solution:
• Mobile Device Management
• Mobile Application Management
• Mobile Content Management
• Mobile Identity Management
Breakup by Deployment Type:
• On-premises
• Cloud-based
Breakup by End User:
• Large Enterprises
• Small and Medium-sized Enterprises
• Government Organizations
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
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Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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