BYOD Security Market

BYOD Security
Market
Opportunity Analysis and Industry Forecast, 2016-2023
Global Opportunity Analysis and
Industry Forecast,
2013-2020

Introduction
• BYOD Security Market is expected to garner $24.6 billion by 2020, registering a
CAGR of 36.3% during the forecast period 2014-2020
• Introduction of BYOD security software reduces the security risks associated
with BYOD, due to which the adoption of BYOD policies by the companies in
emerging markets is increasing
• BYOD concept is gaining foothold due to its benefits for the enterprises such as
lowering down infrastructure cost, increased productivity of the organizations
and allowing employees to work according to their convenient time and place
• Mobile application management (MAM) solutions would be witnessing
tremendous growth opportunities in future due to the rising awareness about
these security solutions across various regions
• North American countries generated considerable amount of revenue in 2013
due to early adoption of BYOD concept and implementation of BYOD security
policies

Key Factors of the Market
• Upsurge in the adoption of BYOD by Organization
• BYOD Implementation reduce hardware cost
• Increased Productivity
• Take up of BYOD amongst diverse Industries
• Highest Market Penetration- Mobile Devices
• Low Awareness
• Inadequate Trust among Employees

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Key Benefits of the Market
• The global BYOD security market would grow due to increase in the
adoption BYOD across companies in emerging markets and appification of
businesses during the forecast period (2014-2020)
• Tablet security software would witness an increasing growth with a CAGR of
46.2% during 2014-2020
• Mobile application management segment would grow at a rapid rate as
compared to other solutions, which includes mobile device management,
mobile content management and mobile identity management
• North American region generates highest revenue for the global market

Market Segmentation

Key Players of the Market
• SAP
• Symantec
• Vmware
• Citrix Systems
• Mobile Iron
• Good Technology
• Trend Micro
• IBM
• Alcatel Lucent and
• Cisco Systems
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