BYOD and Enterprise Mobility Market Size, Share, Key Players, Growth Trend, and Forecast, 2020–2027
The BYOD
and Enterprise Mobility Market is expected to grow from USD 37.6 billion in
2018 to USD 74.9 billion by 2026, at a CAGR of 10.4% during the forecast
period. Growth of mobile and broadband services, increase in data traffic,
increasing need for productivity and employee satisfaction and reduction in
hardware costs of organizations are some of the driving factors of the market.
Some other factors contributing to the growth of this market are increase in
adoption of BYOD and extensive opportunities in cloud based solutions.
Device management security risks, security concerns
regarding information, up gradation and lack of system integrators complexity
and issues in selecting the correct enterprise mobility and BYOD solution may
restrain the growth of the BYOD and Enterprise Mobility market.
Players will require increased investments to tackle these
restraints and facilitate growth in the coming years. This report comprises
drivers, restraints, opportunities, and challenges pertaining to the BYOD and Enterprise Mobility; and extensive
value chain analysis, patent analysis, analysis of the current manufacturing
capability and technology status, commercialization potential in different
devices, along with market size forecasts till 2026.
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Key participants
include
Cisco Systems, Inc. (California, US), Blackberry Limited
(Ontario, Canada.), Infosys Limited (Bengaluru, India), IBM Corporation (New
York, US), Tech Mahindra Limited (Pune, India), Tata Consultancy Services
Limited (Mumbai, India), SAP SE
(Walldorf, Germany), AT&T (Texas, US), Honeywell International (New Jersey,
US), Capgemini (Paris, France), Oracle Corporation (California, US), HCL
(Noida, India), Microsoft Corporation (Washington, US), and Accenture (Dublin,
Ireland).
Further key
findings from the report suggest
The BYOD and Enterprise Mobility is expected to grow from
USD 37.6 billion in 2018 to USD 74.9 billion by 2026, at a CAGR of 10.4% during
the forecast period.
The major driving factors for the growth of the market for
Video Streaming Software can be growth of mobile and broadband services,
increasing in data traffic, increasing need for productivity and employee
satisfaction, reduction in hardware costs of organizations, increase in
adoption of BYOD and extensive opportunities in cloud based solutions.
The BYOD and Enterprise Mobility is segmented by deployment
type into cloud and on-premises. The cloud segment is expected to witness
highest growth, at a CAGR of 13.8% in the forecast period, due the demand for
decreasing costs of equipment and the growth in cloud data adaptation.
The BYOD and Enterprise Mobility is segmented by component
into software, security and services. Among the security markets, device
security segment is expected to dominate the market share with approximately
USD 24.9 Billion during the forecast period; this segment provides security
measures to protect mobile data for individuals and enterprises. Among the
service markets, professional services are expected to witness the highest
growth during the forecast period.
The BYOD and Enterprise Mobility is segmented by industry
vertical into BFSI, automobile, manufacturing, IT & telecom, retail,
healthcare, transportation and logistics, energy and utilities and others
(government, education, and media & entertainment). IT and telecom segment
is expected to witness highest growth, at a CAGR of 12.7% in the forecast
period, since the segment is majorly based on extensive use of smartphones and
desktops or laptops, which also gives rise to telecom operator competition in
this segment.
The BYOD and Enterprise Mobility is segmented by Geography
into North, America, Europe, Asia Pacific and Rest of the World. APAC, the hub
for developing countries like, India and China, since has started adopting
Video Streaming Software across multiple verticals and has a rapid economic
growth, is expected to witness the highest growth, with a CAGR of 11.6% during
the forecast period.
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For this report, Reports and Data have segmented into the
global BYOD and Enterprise Mobility market on the basis of resin type,
composite phases, industry vertical, and region:
BYOD and Enterprise Mobility Market by deployment type
(Revenue, USD Million; 2018-2026)
Cloud
On-Premises
BYOD and Enterprise Mobility Market by components
(Revenue, USD Million; 2018-2026)
Software
Services
Security
BYOD and Enterprise Mobility, by industry verticals
(Revenue, USD Million; 2018-2026)
BFSI
Automobile
Manufacturing
IT & Telecom
Retail
Healthcare
Transportation and
Logistics
Energy and Utilities
Others (Government,
Education, and Media & Entertainment)
Regional Outlook (Volume, Kilo Tons; 2018-2028 and
Revenue, USD Million; 2018-2028)
- North
America
- Europe
- Asia
Pacific
- Latin
America
- MEA
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