BYOD and Enterprise Mobility Market to Grow at CAGR 18% by 2023
Increasing
smartphone penetration, emerging data telecommuting and evolving enterprise
mobility to drive the global BYOD & Enterprise Mobility
Market through 2023
According
to TechSci Research report, “Global BYOD & Enterprise Mobility Market
By Component, By Deployment Mode, By End User Sector, By Region, Competition
Forecast & Opportunities, 2013 – 2023”, the enterprise mobility market is
projected to grow at a CAGR of more than 18% during 2018-2023. Key factors
driving the market include increasing smartphone penetration, rising data
telecommuting and workforce mobility, coupled with rapid adoption of SMACT
(Social, Mobile, Analytics, Cloud and IoT) technologies across the retail,
BFSI, manufacturing and healthcare sectors. As pressure to remain competitive in
the marketplace is increasing due to growing mobile device and smart technology
penetration, ongoing digital revolution, evolving business infrastructure and
burgeoning security vulnerabilities, deployment of BYOD & enterprise
mobility is anticipated to surge on a global level over the course of next five
years.
Browse 134
market data Tables and 182 Figures spread through 277 Pages and an in-depth
TOC on "Global
BYOD & Enterprise Mobility Market"
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In terms of ‘By Component’
segmentation, the global enterprise mobility market is broadly categorized into
three segments - Software, Security Solutions, and Services. Security Solutions
segment is projected to grow at the fastest pace during the forecast period, owing
to the growing security concerns on account of rising numbers of malware
attacks and network access breaches. In 2017, retail industry held the largest market
share among all the end-user segment. Though the share of retail sector’s share
is forecast to decline in the coming years, the sector’s end-user dominance is
expected to continue through 2023. Manufacturing sector is anticipated to witness
the fastest growth among all the end-user segments, majorly due to the
increasing focus on digitization with rising prevalence of Industrie 4.0 (IIoT)
and Digital Twin technology.
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North America is expected
to continue its dominance as the largest regional market in the global BYOD
& enterprise mobility marketplace, owing to the region’s tech-savvy
population and highly digitalized governance model. “Over the last few years, there has been a
significant increase in the adoption of Enterprise Mobility solutions across
various end user sectors, owing to the growing BYOD adoption in the marketplace.
Adoption of Enterprise Mobility is witnessing robust growth, especially in the
manufacturing sector, and this trend is expected to prevail over next five
years.”, said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“Global BYOD & Enterprise Mobility Market
By Component, By Deployment Mode, By End User Sector, By Region, Competition
Forecast & Opportunities, 2013 – 2023” has evaluated the future growth potential of
the Enterprise Mobility market and has also provided the statistics and
information on market structure, size, share and future growth of Global Enterprise
Mobility market. The report intends to provide cutting-edge market intelligence
and help decision makers to take sound investment evaluation. Besides, the
report also identifies and analyzes the emerging trends along with essential
drivers, challenges and opportunities existing in the market.
About TechSci Research
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rather than follow market trends.
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