|[July 17, 2017]
Global BYOD and Enterprise Mobility Market: Geographical Segmentation and Forecasts by Technavio
BYOD and enterprise mobility market is expected to grow at a
CAGR of more than 24% during the forecast period, according to
Technavio's latest market research.
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Technavio has published a new report on the global BYOD and enterprise mobility market from 2017-2021. (Graphic: Business Wire)
In this market research report, Technavio
covers the market outlook and growth prospects of the global BYOD
and enterprise mobility market for 2017-2021. The
market is further categorized into three types of segments, which
include devices, security services, and software. The devices segment
accounted for 90% of the market share in 2016.
"The demand for BYOD solutions has increased significantly because of
factors such as the changing business scenario, the growing need to make
prompt decisions, increased deployment of next-generation mobile
networks, and the need for improved connectivity. IT service providers
and mobile operators are developing assorted products to meet this
demand," says Abhishek Sharma, a lead M2M
and connected devices research expert from Technavio.
Technavio's research analysts segment the global BYOD and enterprise
mobility market into the following regions:
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The market in EMEA is expected to witness a steady growth in the UK,
Germany, France, Spain, Norway, and Russia. These countries are the
highest adopters of BYOD solutions because of the increasing reliance on
mobile devices for professional use. The use of personal devices for
business is finding acceptance in organizations looking for efficiency
in operations with the changing demographics and economic conditions in
The workforce in the region too has the desire to utilize technology to
enhance productivity. Hence, organizations in EMEA are adopting BYOD
policies. Growing awareness of the benefits of BYOD solutions among
enterprises, along with the approval from the European Union for
regulations to secure critical data on mobile devices are some of the
factors that will influence the growth of the market.
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The market in the Americas is expected to grow steadily because of the
presence of advanced IT infrastructure in enterprises. The number of
mobile subscribers has also increased rapidly across the region with
end-users preferring technologically advanced devices such as mobile
computing devices for both personal and professional use. This has led
to an increase in the use of mobility solutions in the Americas.
Increasing awareness among enterprises about the benefits of using BYOD
solutions on laptops, smartphones, and tablets and the availability of
ample IT and business infrastructure are factors which are likely to
boost the growth of the market.
The market in APAC is expected to witness significant growth because of
the presence of a large mobile workforce. Over the past few years, the
emerging countries in APAC have been exhibiting a phenomenal increase in
the adoption of enterprise mobility solutions.
"APAC has been witnessing increasing investments in the IT sector.
The region comprises of fast developing economies such as India and
China. Enterprises in the region are rapidly adopting the BYOD policy to
retain their employees and are offering benefits such as flexible
timing, Internet use, and mobile technology," says Abhishek.
The top vendors in the global BYOD and enterprise mobility market as
highlighted in this market research analysis are:
Citrix Systems (News - Alert)
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View source version on businesswire.com: http://www.businesswire.com/news/home/20170717005587/en/
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