BYOD Security Market, Share, Analysis, Trend, challenges, Opportunities and Forecast to 2023

BYOD Security Market, By Device Type (Smartphone, Tablet), By Software (Mobile Data Security, Mobile Device Security), By Security Solutions (Mobile Content Management, Mobile Identity Management), By End User (Large Enterprise, Small & Medium Enterprises) - Forecast 2023

Market Synopsis of BYOD Security Market.

Market Scenario:

BYOD Security Market is expected to bring revolution in the IT and security industry. The increasing demand for strong authentication to access the enterprise atmosphere and need to safeguard the encryption of organization’s sensitive data is expected to drive the BYOD Security Market. Moreover, the secured architecture supports to remotely remove the enterprise data in case if the device is lost or the employee leaves the organization.

The high adoption of smartphones, tablets, and laptops is supporting the users to be more productive and efficient, by working anytime and anywhere. To support these usage scenarios, the enterprise allows the users to access the enterprise services and data from devices that are outside the boundary of the trusted enterprise network.

BYOD security market has been segmented on the basis of device, security solution, software, and end user. The network security software can be used to improved productivity and agility. The comfort of logging into email, accessing documents and remote data access, has changed the way companies do business. Employees are comfortable using their own devices. Within a company assigned phone, laptop, or tablet, there are restrictions placed on device use, with an employee owned device, employees have the freedom to utilize their devices for both professional and personal use. It allows greater flexibility in performing job which can lead to improved productivity.

The BYOD security market is expected to grow at approximately USD 69 Billion by 2023, at 37% of CAGR between 2017 and 2023.

Market Research Analysis:

Market Research Future Analysis shows the BYOD security market in devices, employees can use their devices from anywhere, and more flexible and productive. BYOD represents an economic advantage for small companies that avoid paying for new hardware, the user is more concerned about securing both his personal and professional information personal devices are faster and better than the old computers assigned by the IT department.

Regional analysis for BYOD security market is studied in different geographic regions as North America, Europe, Asia-Pacific and Rest of World. North America region is mainly dominating the market because of BYOD policy approved by organization. European region is gaining growth because with the help of BYOD, employees find flexibility at work, such as extending hours and convenience to work from anyplace. Enterprises are also benefited such as enhanced productivity, reduction in IT and operation costs, retention of employees, and better mobility for employees.

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BYOD Security Market Segmentation

The BYOD security market has been segmented on the basis of devices. The device segmentation includes smartphone, laptops and tablet. With implementation of BYOD security in laptops the users can protect sensitive data from loss and alert if there is stealing of device as well address privacy, compliance and risk management.

BYOD Security Market by Device Type:

Smartphone
Tablet
Laptop
BYOD Security Market by Software:

Mobile Data Security
Mobile Device Security
Network Security
BYOD Security Market by Security Solutions:

Mobile Device Management
Mobile Application Management
Mobile Content Management
Mobile Identity Management
BYOD Security Market by End User:

Large Enterprise
Small & Medium Enterprises
Regional Analysis

The regional analysis of BYOD security market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America occupies major share in the BYOD security market due to high adoption of BYOD concept by Large & Small scale enterprises which increases the security concerns thereby supporting the growth of BYOD security market. Asia-Pacific is also estimated to be one of the fastest growing region due adoption of BYOD for retaining employees in the organization.

Key Players

The prominent players in the BYOD security market are Citrix Systems, Inc. (U.S.), International Business Machines (IBM) Corporation (U.S.), VMware, Inc. (U.S.), Mobileiron Inc. (U.S.), Good Technology Corporation. (U.S.), Fortinet Inc. (U.S.), Avaya Inc. (U.S.), Cisco Systems (U.S.), Hewlett Packard Enterprise (U.S.), Symantec Corporation (U.S.) among others.

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Study Objectives of BYOD Security Market

To provide detailed analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the Global BYOD Security Market
To provide insights about factors affecting the market growth
To analyze the Global BYOD Security Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW)
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segment by material, product, and regions
To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global BYOD Security Market.
The report for Global BYOD Security Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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