Global BYOD Security Market Overview:
BYOD “Bring Your Own Device” is the concept related to bring your own technology (BYOT) and bring your own phone (BYOP). It is practice in which employees needed their personal mobile gadgets including Smart phones, Tablets, PCs at workplace to complete their work. In the current working situation, every firm needs their employees to be extra productive as well as healthier network with the safety of their business information. Habit of personal expedients at the workplace can rise the productivity of the employees simultaneously increases the risk of information leaking. Some of the key players profiled in the study are Citrix Systems, Inc. (United States), International Business Machines (IBM) Corporation (United States), VMware, Inc. (United States), Mobileiron Inc. (United States), Good Technology Corporation. (United States), Fortinet Inc. (United States), Avaya Inc. (United States), Cisco Systems (United States), Hewlett Packard Enterprise (United States) and Symantec Corporation (United States).
On the basis of geography, the market of BYOD Security has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Solutions, the sub-segment i.e. Mobile Device Management (MDM) will boost the BYOD Security market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organisation, the sub-segment i.e. Large enterprises Small will boost the BYOD Security market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Software, the sub-segment i.e. Mobile data security will boost the BYOD Security market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising adoption of BYOD by organizations
- Increasing Need of Security
- BYOD Implementation Reduce hardware cost
- High Market penetration of Mobile devices
- Low Awareness of Benefits of BYOD
- Insufficient trust among employees
- Rising Opportunity in Developing Countries
Major Market Developments:
On December 18th, 2018, a Leader in Silicon Photonics and Optical Transceivers “Luxtera Inc.” has been acquired Cisco Systems to build integrated optics capabilities for enterprise and web scale data centres, service provider market segments, and other customers. Cisco has planned to integrate Luxtera's technologies across its intent-based networking portfolio, spanning enterprise, and service provider markets.
On January 23rd, 2019, International Business Machines Corporation (IBM) and a universal bank headquartered in Manila named “the Bank of the Philippine Islands (BPI)” have signed an agreement valued 260 million USD. Under this service agreement, IBM will provide IT infrastructure services to support an agile IT and hybrid cloud, as well as digital development capabilities to accelerate BPI's digital transformation.
BYOD Service Providers, Industry Associations and Experts Related to BYOD, Private Research Organizations and Consulting Companies, Industry Associations, Government Market Research and Consulting Firm and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global BYOD Security market on the basis of product [Smartphone, Tablet and Laptop] , application [Large Enterprises, Government Organizations and SMBs], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the BYOD Security market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the BYOD Security industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Apperian (United States), Kaspersky (Russia) and McAfee (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the BYOD Security market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.