BYOD Security Market 2023| Emerging Trends, Top Global Competitors, Industry Segmentation, and Regional Analysis

The Global BYOD Security Market 2018 Industry Research Report – Global Forecast to 2023, is latest research report on Global the BYOD Security market published by Market Research Future. Report provides comprehensive information on safety light curtains market forecast, historic data, with business development strategies, upcoming opportunities, and regional outlook. Waterproof Bluetooth Speakers market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

BYOD Security Market, By Device Type (Smartphone, Tablet), By Software (Mobile Data Security, Mobile Device Security), By Security Solutions (Mobile Content Management, Mobile Identity Management), By End User (Large Enterprise, Small & Medium Enterprises) – Forecast 2023

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Key Players:

Market Research Future (MRFR) recognizes the following companies as the key players in the BYOD security market are – Citrix Systems, Inc. (U.S.), International Business Machines (IBM) Corporation (U.S.), VMware, Inc. (U.S.), Mobileiron Inc. (U.S.), Good Technology Corporation. (U.S.), Fortinet Inc. (U.S.), Avaya Inc. (U.S.), Cisco Systems (U.S.), Hewlett Packard Enterprise (U.S.), Symantec Corporation (U.S.)  Kaspersky Lab (Russia) among others.

Market Highlights

The BYOD security market is expected to grow at approximately USD 69 Billion by 2023, at 37% of CAGR between 2018 and 2023. BYOD security market has been segmented on the basis of device, security solution, software, and end user. The network security software can be used to improved productivity and agility.The segmentation of BYOD security market on the basis of security solution include, mobile device management. It provides the ability to locate, lock, and potentially wipe lost devices. MDM is the more develop than traditional mobile security solution that involves managing enterprise mobility at the device level. A company using MDM to secure BYOD devices requires users to enroll personal devices into MDM to access work-related content, such as calendar, contacts and email.

The increase in the number of application on the device has increase the probability that it may contain malicious code or security issues. Applications developed or deployed by the organization to enable access to corporate data may contain security weakness.

The BYOD security strategy includes number of benefits for businesses, including improved employee job satisfaction, increased job efficiency and flexibility. BYOD provides cost savings from initial device purchase to ongoing usage and IT help desk provision support employees as they invest in their own devices.

BYOD security market is coming up with whole new innovation in mobile device security and retaining enterprise productivity. With BYOD implementation organization has increased employee productivity. The factors driving the BYOD market includes increased smartphone users in the organization, growing IoT trends and favorable government regulations.

There are some cyber threats and data loss and retrieval threats while using BYOD. Employees logging in from unsecure network, malicious software and application downloads, outdated or non-existent virus protection are all factors than can leave a company’s network at risk for cyber-attacks through personal devices. Protecting enterprise data from theft, deletion, loss, or unauthorized access is critical to network security.

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Segments:

BYOD Security market for segment on the basis of Device Type, Software, Security Solution, End User.

BYOD Security Market by Device Type:

Smartphone

Tablet

Laptop

BYOD Security Market by Software:

Mobile Data Security

Mobile Device Security

Network Security

BYOD Security Market by Security Solutions:

Mobile Device Management

Mobile Application Management

Mobile Content Management

Mobile Identity Management

BYOD Security Market by End User:

Large Enterprise

Small & Medium Enterprises

Market Research Analysis:

Market Research Future Analysis shows the BYOD security market in devices, employees can use their devices from anywhere, and more flexible and productive. BYOD represents an economic advantage for small companies that avoid paying for new hardware, the user is more concerned about securing both his personal and professional information personal devices are faster and better than the old computers assigned by the IT department.

Regional analysis for BYOD security market is studied in different geographic regions as North America, Europe, Asia-Pacific and Rest of World. North America region is mainly dominating the market because of BYOD policy approved by organization. European region is gaining growth because with the help of BYOD, employees find flexibility at work, such as extending hours and convenience to work from anyplace. Enterprises are also benefited such as enhanced productivity, reduction in IT and operation costs, retention of employees, and better mobility for employees.

Regional Analysis:

The regional analysis of BYOD security market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America occupies major share in the BYOD security market due to high adoption of BYOD concept by Large & Small scale enterprises which increases the security concerns thereby supporting the growth of BYOD security market. Asia-Pacific is also estimated to be one of the fastest growing region due adoption of BYOD for retaining employees in the organization.

LIST OF TABLES

Table 1 Byod Security Market, By Device Type

Table 2 Byod Security Market, By Software

Table 3 Byod Security Market, By Security Solution

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LIST OF FIGURES

Figure 1 Research Type

Figure 2 Byod Security Market: By Device Type (%)

Figure 3 Byod Security Market: By Software (%)

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