Global BYOD Security Market Is Up To Mark And Still In Process Of Developing

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Global BYOD Security Market
Published on 01 March, 2015 Number of pages
128 Single User Price 4740
Global BYOD Security Market Market by
Manufacturers, Regions, Type and Application,
Forecast to 2021
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The market for Bring Your Own Device (BYOD) has
significantly evolved in regions such as North
America and Europe. Rise in the productivity of
the organizations has led to the increased
adoption of BYOD across varied industry
verticals. This ultimately helps the market to
grow at a rapid pace. As the BYOD concept is
gaining popularity across various regions,
implementation of BYOD security solutions has
become highly important. These BYOD security
solutions allow remote management of mobile
devices used for business purposes viz.,
smartphones, tablets and laptops. To secure the
confidential corporate data on mobile devices,
BYOD security policies play an important role and
regulate the use of the employees personal
devices at work places. Increasing adoption of
BYOD concepts across emerging markets is a key
driver of the BYOD security market.ogy across
various geographies, however, security remains
the major concern. Due to security concerns, many
countries from European region are not adopting
BYOD policies, as a large number of employees
working in organizations are concerned about
personal data theft on their personal devices.
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• Segment Overview
• The commonly observed devices which are used for
  business purposes are laptops, tablets and
  smartphones. Amongst these smartphones account
  for the larger market size by value as these
  devices provide convenience to the employee to
  work at his/her comfort. 
• The BYOD Security market is analyzed form the
  perspective of software tools such as Mobile
  Device Management (MDM), Mobile Application
  Management (MAM), Mobile Content Management (MCM)
  and Mobile Identity management. Presently MDM is
  driving the market of global BYOD security. 
• The market analysis is also performed through
  various security software such as Mobile Data
  security, mobile data security and network
  security. Additionally, according to various
  end-users and large enterprises adopts the BYOD
  policies and have large tendency to use BYOD
  security tools amongst others (small and medium
  scale and government organizations). 
• Geographically, the market is segmented across
  North America, Europe, Asia-Pacific and LAMEA
  (Latin America, Middle East Africa). North
  America was the highest revenue-generating
  segment in 2013. A larger adoption of BYOD
  considerably increases security concerns and
  internal threats in the North American countries.
  This in-turn increases the BYOD security market
  in the region.

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• Upsurge in the adoption of BYOD by organizations
• Presently, most of the enterprises are
  implementing BYOD policies, which is influencing
  the market at a higher rate. Nearly 70 of the
  enterprises across world, are adopting BYOD
  policies. They are opting for BYOD security
  measures to secure the enterprise data and
  employee owned devices which has largely impacted
  the BYOD security market in 2013. The adoption of
  BYOD would be widespread by 2020, due to which
  the impact would reduce, as almost every
  organization would have implemented BYOD
  security. 
• BYOD Implementation - Reduce hardware cost
• The reduction in hardware cost for the
  enterprises is boosting the BYOD implementation
  across various enterprises. This is enhancing the
  BYOD adoption rate which ultimately drives the
  BYOD security market. The considerable use of
  BYOD security software, positively impacted the
  market in 2013. Whereas, by 2020, the adoption of
  BYOD would be saturated, rendering a lesser
  impact of the factor. 

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• Increased Productivity
• The widespread awareness about the availability
  of security tools, reduces the risks associated
  with BYOD. This promotes the use of personal
  devices amongst employees. The proliferation in
  the use of mobile devices for business purposes,
  enable the employees to work at their preferred
  time. This also results in an increased level
  production in the organizations, which majorly
  drives the growth of this market. The average
  adoption of BYOD across all the regions is
  approximately 70. This newfound trend has found
  popular acceptance amongst tech-savvy individuals
  worldwide. The worldwide acceptance of BYOD would
  positively impact the market which in turn
  increases the productivity of the organizations.
  Thus the factor would be more impactful in the
  coming years. 
• Take-up of BYOD amongst diverse industries
• Currently, security concerns restrict the
  enterprises to implement BYOD policies and
  thereby limit the employees use of personal
  devices at work places. Majorly, the BYOD trend
  is adopted by finance insurance and IT industry.
  Hence, the BYOD security required in these
  sectors is high. Eventually, the widespread
  awareness about BYOD security measures amongst
  enterprises and employees would result in the
  increased use of personally owned devices across
  various industry verticals. Hence, this factor
  would have a high impact on global market in
  2020.
• High market penetration - Mobile devices
• Every year, market penetration of mobile devices
  such as smartphones, tablets and laptops is
  rising at a rapid pace. Rise in the use of mobile
  devices by working professionals, boosts the BYOD
  adoption across diverse sectors and regions,
  which has a greater impact on the global market. 

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• Low awareness about the BYOD security measures
  and tools 
• Low awareness limits the use of personal devices
  for business purposes, which in turn hinders the
  growth of the BYOD security market. Further, an
  increase in the awareness for BYOD security
  software would increase the adoption rate in the
  years ahead. Hence, the impact of the factor
  would decrease by 2020. 
• Inadequate trust among employees
• Employees majorly trust mobile service provider
  or device manufacturer for the security of their
  personal data. The security concerns involved in
  the adoption of BYOD, hinders the adoption rate
  of BYOD trend, which largely impacts the growth
  of the market. 

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• Key benefits
• The analysis of the global market provides an
  overview of the global BYOD security market with
  special reference to BYOD Security Market trends,
  market structure, limiting factors and
  opportunities
• The global BYOD Security Market has been analyzed
  in a comprehensive manner to help the
  stakeholders identify key market opportunities 
• Quantitative analysis of the current market and
  estimations through 2013-2020 would help
  determine the financial appetency of the market
• Porters five forces model has been used to
  analyze the potential of buyers and suppliers
  along with the competitive structure of the
  market, to guide the market players in developing
  effective strategies 
• Value chain analysis provides a systematic study
  on the key intermediaries involved, which in
  turn, would help the stakeholders devise
  appropriate strategies

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• BYOD SECURITY KEY MARKET SEGMENTS
• The market for global BYOD security is segmented
  as 
• MARKET - BY DEVICE TYPE
• Smartphone
• Tablet
• Laptop
• MARKET - BY SOLUTION
• Mobile Device Management (MDM)
• Mobile Application Management (MAM)
• Mobile Content Management (MCM)
• Mobile Identity Management (MIM)
• MARKET - BY SOFTWARE
• Mobile data security
• Mobile device security
• Network security

• MARKET - BY END USER
• Large enterprises
• Small and medium Enterprises (SMEs)
• Government organizations
• MARKET - BY GEOGRAPHY
• North America
• Europe
• Asia Pacific
• LAMEA

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Global BYOD Security Market Market by
Manufacturers, Regions, Type and Application,
Forecast to 2021
A detailed qualitative analysis of the factors
responsible for driving and restraining growth of
Global BYOD Security Market Market by
Manufacturers, Regions, Type and Application,
Forecast to 2021 and future opportunities are
provided in the report.
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Security Market Report