Bring Your Own Device (BYOD) & Enterprise Mobility Market Leading Players Analysis Including Future Challenges and Growth Opportunities to 2030

PRESS RELEASE

Published April 11, 2023

The global bring your own device (BYOD) & enterprise mobility market size was USD 67.85 Billion in 2021 and is expected to register a revenue CAGR of 15.9% over the forecast period, according to the latest report by Reports and Data. The primary drivers of revenue growth in the market are the increasing demand for productivity and employee satisfaction, the reduction in hardware costs for organizations, and the growth of mobile and broadband services.

The BYOD trend is a recent development that enables employees to use their personal devices for work purposes. Companies that have BYOD policies can take advantage of laptops, cellphones, and tablets for work-related functions without having to purchase IT management equipment that is company-owned. BYOD policies are established by organizations that consider security concerns, permitted device types, and other factors. Before consenting, employees must read and comprehend their employer’s policies, and applications can be installed on devices upon the employer’s request.

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Key Players Operating in Global Bring Your Own Device (BYOD) & Enterprise Mobility Market

SAP SE
Honeywell International Inc.
Infosys Limited
Microsoft Corporation
Oracle
Capgemini
Tech Mahindra Limited
Cisco Systems Inc.
IBM.

Some Notable Innovations in the Bring Your Own Device (BYOD) & Enterprise Mobility Market are:

The global BYOD and enterprise mobility market is segmented into cloud and on-premises deployment modes.
The cloud segment is expected to experience significant growth in 2021 due to the efficiency it provides in deploying services quickly.
Businesses adopting mobile cloud platforms enjoy several benefits such as increased productivity, improved data security, and stronger relationships with customers and partners.
The Asia-Pacific market has the largest share of sales due to the increasing use of advanced solutions such as AI, big data, and cloud infrastructure.
The BYOD and enterprise mobility market in the Asia-Pacific region is expected to grow in the coming years due to increasing IT investment and government initiatives.
AppGuard introduced TRUSTICA Mobile, a mobile communications app for consumers, with military-grade security and biometric authentication for user privacy and data security.

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