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BYOD Market size forecast to exceed USD 350 Billion by 2022

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According to new study based Report on Bring Your Own Device by Global Market Insights, BYOD market size worth USD 94.15 billion in 2014 is forecast to reach USD 350 billion from 2015 to 2022. The report provides granular quantitative information on market together with key BYOD industry insights. Recently BYOD has been adopted across various verticals including logistics and retail, Telecom, IT, manufacturing, healthcare, public etc. This surging adoption of this system for enhancing organizational productivity is expected to drive the market growth. – PowerPoint PPT presentation

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Title: BYOD Market size forecast to exceed USD 350 Billion by 2022


1
BYOD Market forecast worth USD 350 Billion during
next seven years Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from BYOD Market
  • According to new study based Report on Bring Your
    Own Device by Global Market Insights, BYOD market
    size worth USD 94.15 billion in 2014 is forecast
    to reach USD 350 billion from 2015 to 2022. The
    report provides granular quantitative information
    on market together with key BYOD industry
    insights.
  • Recently BYOD has been adopted across various
    verticals including logistics and retail,
    Telecom, IT, manufacturing, healthcare, public
    etc. This surging adoption of this system for
    enhancing organizational productivity is expected
    to drive the market growth.
  • Increasing use of, tablets, and laptops is
    anticipated to have a positive impact on the
    market. Furthermore, the proliferation of
    smartphones and 4G LTE is expected to fuel the
    market growth. A smartphone is expected to be the
    most preferred device, as it simplifies handling
    of both personal life and office work. The tablet
    segment is forecast to witness substantial growth
    over 130 billion in a predicted time frame.

3
Continued...
  • Healthcare, financial services and insurance
    industry segments are predicted to be most key
    verticals. Moreover, both mid-to-large sized and
    small scale businesses have started adopting the
    system and are predicted to further the growth.
  • The report discusses the in-depth analysis of the
    Bring Your Own Device industry at the regional
    level, including India, Korea, Indonesia, Taiwan,
    Japan, Australia, China, Singapore, New Zealand,
    Malaysia, Philippines, and U.S.
  • U.S. BYOD market is expected to continue its
    dominance with the largest market share in the
    projected time frame. Asia Pacific BYOD market
    share is likely to witness substantial growth, at
    a growing CAGR of 20 during the expected period
    owing to lower hardware expenses, and surging
    smartphone penetration.

4
North America BYOD market size, by device (USD
Billion), 2012 2022

5

Browse Full Market Research Report BYOD Market
On _at_ https//goo.gl/6FAFRf Read our Insightful
Blog _at_ https//goo.gl/wwtpTI Request for a
Sample of this Research report _at_
https//www.gminsights.com/request-sample/detail/1
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360 Analysis
  • Application Analysis
  • Application of this system for enhancement of
    organizational productivity is predicted to
    positively impact BYOD market trend from 2015 to
    2022. It aids in reducing operating expenditure
    (OpEx) as well as capital expenditure (CapEx) by
    significantly reducing the cost incurred in
    purchasing systems. Users are also likely to be
    more convenient while using their own devices.
  • Regional Analysis
  • U.S. BYOD market size accounted for more than 30
    of the overall industry share in 2014. It is
    projected to remain the largest market from 2015
    to 2022. Persistent usage popularity among
    industry verticals, enterprises and regions is
    expected to spur market growth.
  • Competitive Market Share
  • Key industry participants accumulating major BYOD
    market share include Cisco Systems,
    Alcatel-Lucent, Good Technology, MobileIron, and
    IBM Corporation. Increasing use of personal
    devices in the enterprises has resulted in
    increased productivity owing to the need for a
    single device only.


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