Rising Adoption of SMACT Technologies to Fuel Growth in North America BYOD & Enterprise Mobility Market
Emerging data telecommuting, evolving enterprise mobility and
increasing penetration of mobile devices and smart technology to drive North
America BYOD & enterprise mobility market through 2023
According to TechSci Research
report, “North
America BYOD & Enterprise Mobility Market By Component, By Deployment
Mode, By End User Sector, By Country, Competition Forecast & Opportunities,
2013 – 2023”,
North America BYOD & enterprise mobility market is projected to cross $ 33
billion by 2023 on account of increasing smartphone and internet penetration, growth
in data telecommuting and workforce mobility, coupled with rapidly increasing adoption
of SMACT (Social, Mobile, Analytics, Cloud and IoT) technologies across retail,
BFSI, manufacturing and healthcare sectors. Moreover, with growing penetration
of mobile devices and smart technology, ongoing digital revolution, evolving
business infrastructure and burgeoning security vulnerabilities, deployment of
BYOD & enterprise mobility solutions and services is anticipated to surge across
North America over the course of next five years.
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On the basis of components, North America BYOD & enterprise mobility
market is broadly categorized into three segments, namely, Software, Security
Solutions, and Services. Of all these segments, Software segment dominated the
market in 2017 and is anticipated to dominate in the coming years as well. However,
security solutions segment is likely to grow at the fastest CAGR during the
forecast period, owing to rising numbers of malware attacks and network access
breaches, especially in the US. In 2017, retail industry held the largest value
share in North America BYOD & enterprise mobility market. Although, the
share of retail sector is expected to decline during the forecast, the sector
would continue to dominate the region’s BYOD & enterprise mobility market.
Manufacturing sector is anticipated to witness the fastest growth during the
forecast period, majorly due to the increasing focus on digitization and with
rising prevalence of Industrie 4.0 (IIoT) and Digital Twin technology.
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Among countries, United States accounted for the
largest revenue share, on the back of rising penetration of internet as well as
a huge smartphones & tablets user base, growing tech-savvy population and prevalence of a highly digitalized
governance model across the country. “With rapid commercialization and digitalization, the demand for BYOD
& enterprise mobility solutions and services is increasing across North
America. Moreover, rising adoption of enterprise mobility across various
sectors, especially the region’s manufacturing sector, is expected to continue
fueling BYOD & enterprise mobility market in North American region. Additionally,
increasing focus on mobile application development along with emergence of
unified digital workspace would steer growth in the market over the coming
year.” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“North America BYOD
& Enterprise Mobility Market By Component, By Deployment Mode, By End User
Sector, By Country, Competition Forecast & Opportunities, 2013 – 2023” has evaluated the future
growth potential of North America BYOD & enterprise mobility market and
provides statistics and information on market size, structure and future market
growth. The report offers decision makers superior market intelligence, thereby
enabling them conduct thorough investment appraisal. Besides, the report also analyzes the evolving market
inclinations along with indispensable drivers, challenges and opportunities in North
America BYOD & enterprise mobility market.
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