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Bring Your Own Device (BYOD) & Enterprise Mobility Market Worth $284.70 Billion by 2019

PR Newswire

DALLAS, April 3, 2014 /PRNewswire/ --

The report "Bring Your Own Device (BYOD) & Enterprise Mobility Market (Mobile Device Management, Mobile Application Management, Telecom Expense Management, Content Management and Email Management) - Global Advancements, Market Forecast and Analysis 2014 - 2019", published by MarketsandMarkets, BYOD & Enterprise Mobility Market to grow from $72.34 Billion in 2013 to $284.70 billion in 2019.

Browse 117 Market Data Tables, 20 Figures spread through 190 pages and in-depth TOC on "Bring Your Own Device (BYOD) & Enterprise Mobility Market".

Early buyers will receive 10% customization on this report.

The report also identifies the factors driving this market, various restraints, and opportunities impacting it along with the adoption trends. Government standards and regulations such as HIPPA and PCI DSS are to be considered by organizations that allow personal devices in the workplace environment. These standards have to be implemented to ensure that corporate information is secure.

The biggest challenge for organizations is the difficulty in adopting server-based resources or a secure IT infrastructure. The software vendors in the BYOD market are continuously innovating and remodeling their present architecture to build more proficient and advanced systems that can allow workers to bring their own devices for work purpose. Major vendors in the BYOD & enterprise mobility market are Alcatel-Lucent, Avaya, Air Watch, Aruba Networks, Cisco Systems, IBM, iPass Inc., Hewlett-Packard, Good Technology Inc., Meru Networks , Mobile Iron, and iboss network security among various others. BYOD vendors offer packaged solutions which help organizations to plan and manage their budgets accordingly. The major forces driving this market are cloud infrastructure adoption, reduced hardware cost for enterprises, emergence of mobile user workforce, increase in smart phone penetration, and persistent usage popularity among industry verticals, regions, and enterprises.

Emergence of mobile user workforce has indeed encouraged organizations to come up with effective strategies for adopting this technological model. Organizations across almost all the regions are widely accepting this concept, by encouraging employees to bring their own devices in order to improve productivity.

MarketsandMarkets broadly segments the global BYOD & enterprise mobility market by regions: North America (NA), Asia Pacific (APAC), Europe (EU), Middle East and Africa (MEA), and Latin America (LA); by software: mobile device management , mobile application management, telecom expense management, enterprise mobile content management , enterprise mobile email management, and others; by devices: Smartphones, tablets, and laptops; by security: mobile data security, mobile device security, mobile ID management, and network security; by industry verticals: manufacturing, healthcare logistics and transportation, retail, BFSI, IT & telecom, public sector, and others.

MarketsandMarkets forecasts the global Bring Your Own Device (BYOD) & Enterprise Mobility Market to grow from $72.34 billion in 2013 to $284.70 billion in 2019, at a CAGR of 26.6% during the forecast period. In terms of regions, NA is expected to be the largest market in terms of market size, while EU and APAC are expected to experience an increase in market traction during the forecast period. APAC is expected to experience a high growth rate and adoption trend in this market.

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