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BYOD Security Market

BYOD Security Market Size, Share & Segmentation by Devices Type (Laptop, Tablet, and Smart Phone), by Solution (Mobile Device Management, Mobile Application Management, Mobile Content), by Security Software (Mobile Data Security, Mobile Device Security, and Network Security), by End User (Large Enterprises, Small and Medium Enterprises, and Government Organizations), by Regions and Global Market Forecast 2022-2028

Report Id: SNS/ICT/2460 | July 2022 | Region: Global | 131 Pages

Report Scope & Overview:

The BYOD Security Market size was valued at USD 20.45 Bn in 2021 and is expected to reach USD 163.36 Bn by 2028, and grow at a CAGR of 34.56% over the forecast period 2022-2028.

BYOD is an acronym that stands for "Bring Your Own Device." Employees today want to utilize their personal mobile devices such as smartphones, tablets, and PCs at work to do their tasks. In today's work climate, every company wants its employees to be more productive while still maintaining a healthy network and the security of their corporate data. The use of personal gadgets at work can boost employee productivity while also increasing the danger of data leakage. BYOD has an expressive effect on the conventional security method of restricting IT data within the premises by blurring the idea of a physical location with the usage of personal mobile devices.

BYOD Security Market

The personal devices are being used to access e-mails, apps, and corporate data, firms face an uncertain scenario in determining how to design a model that can balance both employee needs and security concerns. This concept is known as BYOD security and many companies that allow their employees to use their own devices incorporate BYOD security in their networks. The BYOD security model ensures that the corporation's security standards are not jeopardized when workers use their own devices at work. As a consequence of the introduction of BYOD security software, security concerns are being decreased, and the market share of Global BYOD security is increasing.

MARKET DYNAMICS:

DRIVERS:

  • Smartphones, computers, and tablets are becoming more popular.

  • Because of security concerns, most of the world's major corporations employ this security technology.

  • It boosts people's productivity and efficiency.

RESTRAINTS:

  • The high expenses of implementation.

  • a lack of knowledge among users.

OPPORTUNITIES:

  • The security system aids in the preservation of the organization's secret and critical data.

  • It aids in the protection of the organization's intellectual property by preventing cyber-attacks.

  • It also helps employees make rapid choices and gives them access to real-time data.

IMPACT OF COVID-19:

The worldwide COVID-19 pandemic has had a significant influence on the majority of commercial sectors throughout the world. The covid 19 pandemics provide various impediments to commercial expansion. Given the global epidemic, commercial sectors throughout the world have recently encountered a number of unforeseen obstacles. The installation of partial or total lockdowns in some places has severely disrupted supply chain networks. The global health crisis has a negative influence on public health and the global economy. Almost all market sectors have suffered significant financial losses in recent years. The BYOD security market is similar to others. Because of a scarcity of staff, the worldwide BYOD security sector has suffered significant financial losses in recent years.

Furthermore, constraints such as a lack of supply channels and equipment, as well as a slow manufacturing rate, hampered the success of the BYOD security industry. The covid 19 epidemic has taught numerous industry sectors how to manage with growth hurdles. To deal with the unanticipated obstacles thrown at them during the pandemic period, global market participants devised a number of innovative policies and tactics.

MARKET ESTIMATION:

The BYOD security industry is divided into three segments based on device type: laptops, smartphones, and tablets. Among them, smartphone product demand is expected to rise as a result of the growing number of working professionals and the growing requirement for employee convenience. Another key driver of market development is the rising use of mobile devices. According to projections, the total number of smartphone users worldwide will climb by billions by 2021.

Because of the rising use of smartphones, tablets, laptops, and IoT (Internet of Things) devices, the BYOD security market size from the Mobile Device Management (MDM) sector might grow at a rapid pace. MDM is essentially a security program that enables IT departments to implement rules that protect, monitor and manage end-user mobile devices. The increasing requirement to safeguard the corporate network while allowing users to operate more effectively will give a significant push to segmental expansion.

The BYOD security market demand in large companies is predicted to grow significantly based on end-use. This is mostly due to the increased implementation of BYOD rules across these organizations in order to secure employee-owned devices and company data. The increasing number of cyber-attacks and the significant presence of technologically advanced security solutions in major corporations will fuel the BYOD security demand surge.

KEY MARKET SEGMENTS:

On The Basis of Devices Type

  • Laptop

  • Tablet

  • Smart Phone

On The Basis of Solution

  • Mobile Device Management

  • Mobile Application Management

  • Mobile Content Management

  • Mobile Identity Management

On The Basis of Security Software

  • Mobile Data Security

  • Mobile Device Security

  • Network Security

On The Basis of End User

  • Large Enterprises

  • Small And Medium Enterprises

  • Government Organizations

BYOD Security Market

REGIONAL ANALYSIS:

In the BYOD Security Market Trends, North America has the greatest BYOD Security Market Share. This area has the highest percentage due to the widespread adoption of the BYOD concept by major and small businesses. Because of rising security concerns, this location is gaining popularity throughout the world. the increased amount of internal dangers and flourishing security issues The advent of numerous cutting-edge security-based technologies, as well as the region's robust presence of industry participants, are projected to supplement regional market expansion. Asia-Pacific nations have the second highest proportion after North America. Because of the use of BYOD Security Market Trends for employee retention, this is one of the fastest-growing regions.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

KEY PLAYERS:

The major key players are SAP, Citrix Systems, Trend Micro, IBM, VMware, Good Technology, Mobile iron, Alcatel Lucent, Cisco Systems, and Symantec Corporation.

BYOD Security Market Report Scope
Report Attributes Details
Market Size in 2021 US$ 20.45 Billion
Market Size by 2028 US$ 163.36 Billion
CAGR CAGR 34.56% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Devices Type (Laptop, Tablet, and Smart Phone)
• by Solution (Mobile Device Management, Mobile Application Management, Mobile Content)
• by Security Software (Mobile Data Security, Mobile Device Security, and Network Security)
• by End User (Large Enterprises, Small and Medium Enterprises, and Government Organizations)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, +D11UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles SAP, Citrix Systems, Trend Micro, IBM, VMware, Good Technology, Mobile iron, Alcatel Lucent, Cisco Systems, and Symantec Corporation.
Key Drivers •Smartphones, computers, and tablets are becoming more popular.
•Because of security concerns, most of the world's major corporations employ this security technology.
Market Restraints •The high expenses of implementation.
•a lack of knowledge among users.


Frequently Asked Questions (FAQ) :

Ans: - The BYOD Security Market size was valued at USD 20.45 Bn in 2021.

Ans: - The high expenses of implementation and a lack of knowledge among users.

Ans: - The segments covered in the BYOD Security Market report for study are On The Basis of Devices Type, Solution,  Security Software, and End User.

Ans: - In the BYOD Security Market Trends, North America has the greatest BYOD Security Market Share.

Ans: - The major key players are SAP, Citrix Systems, Trend Micro, IBM, VMware, Good Technology, Mobile iron, Alcatel Lucent, Cisco Systems, and Symantec Corporation.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of the Ukraine- Russia war

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7. PEST Analysis

 

8. BYOD Security Market Segmentation, by Devices Type

8.1 Laptop

8.2 Tablet

8.3 Smart Phone

 

9. BYOD Security Market Segmentation, by Solution

9.1 Mobile Device Management

9.2 Mobile Application Management

9.3 Mobile Content Management

9.4 Mobile Identity Management

 

10. BYOD Security Market Segmentation, by Security Software

10.1 Mobile Data Security

10.2 Mobile Device Security

10.3 Network Security

 

11. BYOD Security Market Segmentation, by End User

11.1 Large Enterprises

11.2 Small and Medium Enterprises

11.3 Government Organizations

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

 

13. Company Profiles

13.1 SAP

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Citrix Systems

13.3 Trend Micro

13.4 IBM

13.5 VMware

13.6 Good Technology

13.7 Mobile iron

13.8 Alcatel Lucent

13.9 Cisco Systems

13.10 Symantec Corporation

 

14. Competitive Landscape

14.1 Competitive Benchmarking

14.2 Market Share Analysis

14.3 Recent Developments

 

15. Conclusion

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Secondary Research

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