BYOD Security Market 2023 | Latest Trends, Demand, Key Players, Analysis and Forecast to 2028

IMARC Group has recently released a new research study titled "BYOD Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the global BYOD security market size reached US$ 56.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 130.5 Billion by 2028, exhibiting a growth rate (CAGR) of 14.43% during 2023-2028.

Bring your own device (BYOD) security is designed to maintain the safety of personal devices used by employees of an organization. It comprises a wide variety of security measures, such as device management software, encryption, password protection, remote wipe capabilities, and network access controls to secure the confidential data and files of the company from malware and ransomware attacks. It also enables employees to work efficiently without worrying about unwanted cybersecurity breaches, which can jeopardize their careers and reputation in their offices. Furthermore, as BYOD security is effective in maintaining the comprehensive security of a wide variety of devices, such as laptops, tablets, and smartphones, its demand is increasing around the world.

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BYOD Security Market Trends and Drivers:

At present, the increasing demand for BYOD security due to the rising risks of hacking represents one of the key factors supporting the growth of the market. Besides this, the growing utilization of work-from-home (WFH) models to increase employee productivity and efficiency and maintain work-life balance is offering a favorable market outlook.

In addition, the increasing number of companies allowing their employees to use their own laptops for work to reduce the requirement of adequate infrastructure and eliminate maintenance costs of office devices is propelling the growth of the market.

Furthermore, rising cloud computing activities to delegate routine tasks and maintain operational flexibility are bolstering the growth of the market.

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Global BYOD Security Market 2023-2028 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.

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 and 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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If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• 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.

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