Press release
Bring Your Own Device (BYOD) Market 2018 Analysis by Microsoft, HP, IBM, SAP SE, AT&T, Cisco Systems, Capgemini, Alcatel-Lucent, AirWatch, Oracle, Duo Security
The global bring your own device market is projected to reach USD 96 billion at a CAGR of over 16% by the end of the forecast period 2017-2023.
BYOD Market Players:
Some of the prominent players in the global bring your own device market: Microsoft Corporation (U.S.), Cisco Systems, Inc. (U.S.), Blackberry Limited (Canada), Infosys Limited (India), IBM Corporation (U.S.), Tata Consultancy Services Limited (India), SAP SE (Germany), Tech Mahindra Limited (India), AT&T (U.S.), Honeywell International (U.S.), Capgemini (France), Oracle Corporation (U.S.), Accenture (Ireland), Alcatel-Lucent S.A. (France), MobileIron Inc. (U.S.), Apperian (U.S.), Hewlett-Packard (U.S.), AirWatch (U.S.), AT&T (U.S.), Duo Security (U.S.) and HCL (India).
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Market Highlights
The global bring your own device (BYOD) market is projected to witness a rapid growth during the forecast period owing to increasing adoption of cloud based services and increasing benefits of bring your own device. Moreover, increasing demand for bring your own device across various industry verticals such as BFSI, healthcare, manufacturing, retail and IT & telecommunications is driving the growth of the global market.
The global Bring Your Own Device Market by geography is segmented into North America, Europe, Asia Pacific, and Rest of the World. The North America market is expected to witness a significant growth and hold the largest share of the global market during the forecast period. The U.S and Canada are anticipated to drive the growth of the North America bring your own device market owing to the presence of a large number of established key players such as Microsoft Corporation, Cisco Systems, Inc., IBM Corporation, AT&T, Honeywell International and Oracle Corporation in this region. Due to sustainable and well-established economies in the region, the market is likely to show immense growth in the coming future. Additionally, North America also has a well-established infrastructure, which allows higher penetration of devices and ultimately provides better connectivity. The growth in the market is also attributed to the increasing demand for enterprise mobility and huge acceptance of bring your own device into small and medium organizations.
Bring your own device Market Segmentation
The global bring your own device market is segmented on the basis of the component, device, deployment and vertical. The component segment is classified into solution, security and service. The service segment is further classified into managed services and professional services. However, the managed services segment is expected to hold the largest market share of bring your own device market. Whereas, the professional services sub segment is expected to grow at the highest rate across the globe over the forecast period. This is owing to the increasing demand for managed mobility services from small and medium enterprises segment.
Market Research Analysis
North America is estimated to account for the largest share of the market, whereas Europe market is projected to grow at the fastest rate during the forecast period. The North American market is witnessing a rapid growth due to technological advancements and increasing demand for mobile devices across different industry verticals in this region. The U.S. holds the majority of market share both in terms of revenue as well as the the growing demand for cloud based services.
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List Of Figures
FIGURE 1 Global Bring Your Own Device Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Bring Your Own Device Market
FIGURE 4 Value Chain Of Global Bring Your Own Device Market
FIGURE 5 Share Of Global Bring Your Own Device Market In 2017, By Country (In %)
FIGURE 6 Global Bring Your Own Device Market, 2017-2023,
FIGURE 7 Sub Segments Of Component
FIGURE 8 Global Bring Your Own Device Market Size By Component, 2017
FIGURE 9 Share Of Global Bring Your Own Device Market By Component, 2017 TO 2023
FIGURE 10 Global Bring Your Own Device Market Size By Device, 2017
FIGURE 11 Share Of Global Bring Your Own Device Market By Device, 2017 TO 2023
FIGURE 12 Global Bring Your Own Device Market Size By Deployment, 2017 TO 2023
FIGURE 13 Share Of Global Bring Your Own Device Market By Deployment, 2017 TO 2023
FIGURE 14 Global Bring Your Own Device Market Size By Vertical, 2017 TO 2023
FIGURE 15 Share Of Global Bring Your Own Device Market By Vertical, 2017 TO 2023
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