Press release
Bring Your Own Device Market Growth and Trends By Key Industry Players: IBM Corporation, Alcatel-Lucent, MobileIron, Cisco Systems, WatchDox, Vox Mobile, Verizon Communication, Verivo Software, ThreatMetrix, Oracle, Notify Technology Corporation and Motor
Bring Your Own Device (BYOD) Market
As per a new research report by Global Market Insights, Inc. Bring Your Own Device (BYOD) Market is set to reach USD 350 billion by 2022. Growth is attributed to the employee convenience and increasing demand for smartphones, tablets, and laptops. Employees preferring single device for professional commitments and personal use fuels the adoption of BYOD policy. Effective application also aids in increasing organizational productivity and this is expected to propel industry growth. In addition, it also helps in minimizing operating as well as capital expenditure.
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Top Key Players:
Some of the bring your own device market participants include IBM Corporation, Alcatel-Lucent, MobileIron, Cisco Systems, WatchDox, Vox Mobile, Verizon Communication Inc., Verivo Software, ThreatMetrix, Oracle, Notify Technology Corporation and Motorola Mobility Holding.
Market share calculation in this report is not done based on companies covered in it. The calculation of BYOD market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
North America dominated the bring your own device market acquiring more than 30% share owing to high demand from the consumers. U.S. BYOD market size was valued close to USD 30 billion in 2014 and is anticipated to grow at a CAGR of over 15% from 2015 to 2022. Early adoption of the enterprise mobility model by the companies in this region are among the chief drivers of this trend.
Asia Pacific bring your own device market is estimated to exhibit a CAGR of over 20%, largely due to the proliferation of smartphones and related devices, as well as changing company policies.
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Partial Chapter of the Table of Content
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Research scope and assumptions
1.2. Data Sources
1.2.1. Primary sources
1.2.2. Secondary sources
Chapter 2. Executive Summary
2.1. BYOD industry 3600 synopsis, 2012 - 2022
Chapter 3. BYOD Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2012 - 2022
3.3. Industry ecosystem analysis
3.4. Industry Impact forces
3.4.1. Growth drivers
3.4.2. Industry pitfalls & challenges
3.5. Growth potential analysis
3.6. Porter's analysis
3.7. Key Company Analysis, 2015
3.8. PESTEL analysis
Chapter 4. BYOD Device Insights
4.1. BYOD market share by device, 2014 & 2022
4.2. Smartphones
4.2.1. Global market estimates and forecasts, (USD Million), 2012 – 2022
4.2.2. Global market estimates and forecasts by region, (USD Million), 2012 – 2022
4.3. Tablets
4.3.1. Global market estimates and forecasts, (USD Million), 2012 – 2022
4.3.2. Global market estimates and forecasts by region, (USD Million), 2012 – 2022
4.4. Laptops
4.4.1. Global market estimates and forecasts, (USD Million), 2012 – 2022
4.4.2. Global market estimates and forecasts by region, (USD Million), 2012 – 2022
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The software companies developing applications for supporting smartphones are focused towards increasing the convenience of using a single device for professional and personal use. Growing adoption of 4G LTE led to increased internet speeds, and increasing the overall accessibility and availability. Favorable policy framework by employers, including SMBs and enterprises alike helps the companies in reducing the operating and capital expenditure. This also results in companies saving on purchasing cost of these devices which increases net profits of the company.
Midd to large enterprises are estimated to account for more than 70% of the total bring your own device market share. Rapid adoption of this policy in financial, healthcare and insurance companies resulted in these segments contributing significantly to the overall revenue. Substantial growth is expected in small organizations owing to increased use of portable communication devices.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
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