openPR Logo
Press release

BYOD Security Market - Growth, Trends and Forecast 2023

08-16-2018 08:59 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research Reports

/ PR Agency: Transparency Market Research Reports

Bring your own device (BYOD) refers to computing devices such as smartphones and tablets that employees bring to the workplace on the secure corporate networks. These mobile devices are prone to viruses and other potential risks such as cyber attacks. BYOD security solutions protect such devices from security threats that can harm the intellectual property of the organization. Additionally, these security solutions aid employees to take optimum advantage of mobile devices to efficiently perform their tasks at convenient locations.

Business enterprises across the globe are promoting the use of BYOD devices, thereby allowing their employees to carry these portable mobile devices for work-related tasks at the convenient locations. BYOD concept permits employees to access data at real time, thereby helping them in making quick decisions. This in turn necessitates the deployment of effective BYOD security solutions to prevent unauthorized access to the company’s data and in turn is fuelling the growth of BYOD security solutions market. Another key factor boosting the growth of BYOD security market is the increased demand for smartphones. Employees prefer to carry-out work-related tasks such as accessing and sending emails while on the move.

Get PDF Sample of This Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=7322

This ensures employee productivity independent of their location. This for addressing all Increasing possible security threat is triggering the need for deploying effective BYOD security solutions. BYOD risk doesn’t just arise from malicious hackers. Threats to data and security are hidden in the most innocuous seeming software applications that employees access over the enterprise network. Such apps can transmit user data to advertisers, access contacts lists, read SMS messages or even install packages on the phone. Mobile application management (MAM) solutions offer more security control than Mobile Device Management (MDM). Thus, the BYOD security market is seeing a paradigm shift from MDM approach to the app-centric MAM approach. Some of the recent solutions by are Citrix Systems, Inc such as XenMobile are a combination of MDM, MAM and enterprise-grade productivity apps.

However, initial investment to deploy these solutions is a significant factor restraining the growth of the market making them unaffordable for start-up companies. Also, the lack of awareness among the end-users and the technical complexity involved in resolving the issues pertaining to theft of BYOD device is a critical factor affecting the adoption of BYOD security solutions. Due to these factors, certain mid-size business enterprises are reluctant to implement the use of BYOD devices and their security solutions, thereby adversely affecting the growth of this market.

The BYOD security market is segmented on the basis of types of security solutions as mobile data security solutions, mobile data management solutions, mobile network security solutions, and mobile ID management solutions among others. The BYOD security market is dominant in North America. The growth is primarily attributed to advancements in security based technologies and   stiff competition among the business enterprises to increase productivity and in turns revenues by focusing on employees comfort. Asia-Pacific is witnessing growth in BYOD security solutions due to the increasing foreign investment in India, China, Indonesia and Singapore among others. Proliferation in the usage of smartphones is also one of the key factors for the growth of BYOD devices and its security solutions in this region. However cost associated with the BYOD devices security solutions are high making it a hindrance in this market.

View Our Report @ https://www.transparencymarketresearch.com/byod-security-market.html

Leading players in the market are investing in research and development in designing solutions with the goal to address the increasing number of security threats and lessen their impact. For instance, Fortinet Inc., one of the major players in the market recently detected 211G1 malware and developed advanced techniques in blocking this malware. Other leading players in the market include Citrix Systems, Inc., International Business Machines (IBM) Corporation, VMware Inc., MobileIron, and Good Technology Corporation.

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The companyРђЎs exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMRРђЎs experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMRРђЎs data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release BYOD Security Market - Growth, Trends and Forecast 2023 here

News-ID: 1183937 • Views: 1016

More Releases from Transparency Market Research Reports

High Purity Quartz Market - Global Industry Report, 2030
High Purity Quartz Market: Introduction Albany, NY - The global high purity quartz market was valued at ~US$ 800 Mn in 2019 and is anticipated to expand at a CAGR of ~6% during the forecast period. The global high purity quartz market is driven by increase in demand for high purity quartz in the global semiconductor industry. Asia Pacific accounts for a major share of the global high purity quartz market,
Smart Remote Control Market: Analysts Expect Robust Growth in 2028
The rise in the use of technology across the globe has hit the shore of remote controls too. On the back of technological advancements, the smart remote control market may gain considerable momentum across the forecast period of 2019 -2028. The shift in consumer preference from cost-effectiveness to convenience is serving as a prominent growth factor for the smart remote control market. Based on technology type, the smart remote control
HYDROGEN SULFIDE SCAVENGERS MARKET TO REACH A VALUE OF ~US$ 655 MN BY 2027: TRAN …
Hydrogen Sulfide Scavengers Market: Key Highlights The global hydrogen sulfide scavengers market was valued at ~US$ 440 Mn in 2018, and is anticipated to expand at a CAGR of ~5% from 2019 to 2027. Increase in crude oil production enhances oilfield operations such as drilling, cementing, production, workover and completion, and well stimulation. This drives the demand for production chemicals such as hydrogen sulfide scavengers. The demand for crude oil is increasing
METAL-ORGANIC FRAMEWORK MARKET TO REACH A VALUATION OF ~US$ 24 MN BY 2027: TRANS …
Metal-organic Framework Market: Introduction In terms of value, the global metal-organic framework market is anticipated to expand at a CAGR of ~11% from 2019 to 2027 Metal-organic framework is a class of porous materials constructed from metal-rich inorganic nodes bonded with organic linkers. The structure provides high density of three-dimensional porous cores with a large surface area, uniform cross-linkages, and tunable porosity. Metal-organic framework possesses excellent absorption rate for hydrogen, water, carbon

All 5 Releases


More Releases for BYOD

Endpoint Security Market Emerging concept of (BYOD)
According to a new report composed by Transparency Market Research (TMR), the global endpoint security market is highly fragmented, characterized by the occupancy of several large multinational, regional, and small-scale vendors. Intense competitive environment of the market has compelled vendors to distinguish their product & service offerings by adhering to unique and clear value propositions. In order to enhance their product portfolio, well-established companies in the market are focusing on
BYOD Security Market : Global Forecast over 2023
Bring your own device (BYOD) refers to computing devices such as smartphones and tablets that employees bring to the workplace on the secure corporate networks. These mobile devices are prone to viruses and other potential risks such as cyber attacks. BYOD security solutions protect such devices from security threats that can harm the intellectual property of the organization. Additionally, these security solutions aid employees to take optimum advantage of mobile
Global Bring Your Own Devices (BYOD) Market Research Report 2017
The cumulative effect of diverse factors has been responsible behind the stability of the global Bring Your Own Devices BYOD market. While there are a few factors creating hindrances for the market, overall the stability is expected to remain intact through the course of the forecast period between 2017 and 2021. The report offers a granular analysis of the various factors influencing the global Bring Your Own Devices BYOD market’s
Global BYOD Security Market Reports, 2015-2021
BYOD i.e. bring your own device, is also referred as bring your own technology (BYOT), and bring your own phone (BYOP). It is a practice in which employee of the organization allowed to bring personally owned devices (tablets and smart phones) to their workplace and permitted to use these devices to access privileged company information and applications. Many IT departments struggling to keep updated with yearly changing technology hence increasing
Global BYOD Security Market, 2015 – 2021
BYOD i.e. bring your own device, is also referred as bring your own technology (BYOT), and bring your own phone (BYOP). It is a practice in which employee of the organization allowed to bring personally owned devices (tablets and smart phones) to their workplace and permitted to use these devices to access privileged company information and applications. Many IT departments struggling to keep updated with yearly changing technology hence increasing
Global BYOD Security Market to Benefit from Increasing Implementation of BYOD
A new research report by Transparency Market Research (TMR) presents a complete overview of the global market for BYOD security. The market study, titled “BYOD Security Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023,” states that the rising adoption of bring your own device (BYOD) policies in organizations is fueling this market significantly. BYOD is an emerging trend among enterprises and professionals across the world.