Global Bring Your Own Device (BYOD) Market Revenues to Reach $38.7 Billion in 2014, According to a New Study on ASDReports

Wednesday 6 August 2014, Amsterdam

The new report's analysis indicates that the total value of the bring your own device (BYOD) market revenues will reach $38.7 billion in 2014, fuelled by an ever increasing demand from enterprises demanding secure worker mobility.

The BYOD market has been growing exponentially over the past few years. In 2014, the technology is poised to see substantial uptake due to the growing number of connected devices, and the increasing acceptance of BYOD policy in enterprises around the globe.

Consumer devices such as smartphones, tablets, wearable gadgets and eReaders are currently enjoying high adoption rates across the globe. With the ever increasing number of connected devices, the potential of BYOD will transform and revolutionize enterprise mobility in how to operate efficiently in a mobile enterprise ecosystem.

The report believes that 2014 will be a pivotal year and one of significant growth for BYOD as companies address enterprise demands for full-time mobile connectivity and the government initiatives that support greater mobile connectivity. Not only will the BYOD market flourish, many IT and Telecom based industries will see huge growth with the widespread application of BYOD, especially wireless infrastructure, big data and cloud computing. As a consequence, the report expects global BYOD revenue to reach $38.7 billion in 2014.

The report's author commented that

‘Despite the apparent multitude of advantages BYOD can confer on enterprises, there are a range of risks and challenges which may bar adoption by many companies. The appeal of allowing employees to bring their personal devices for work is counter-balanced by the loss of control of data and applications. This is an issue increasing concern as to the availability and security of data hosted off-premise.’

The 156 page report contains 72 tables, charts and graphs that add visual analysis in order to explain developing trends within the BYOD market. The report provides forecasts for the period 2014-2019 in terms of value (US$) for the global BYOD market, as well as for submarket forecasts for mSecurity, MDM, DaaS, Enterprise Mobile Applications, Enterprise mSaaS, and Enterprise VDI. In addition, five regional markets are forecast and analysed over the period 2014-2019. The report also provides profiles of 23 leading vendors operating within the market and key developments in the vendor landscape.

The report also includes exclusive interviews with 9 leading companies in the BYOD ecosystem including: AOTMP, DMI, FancyFon, ManageEngine, MDSL, MobileIron, SAP, Tangoe and, Trustonic, providing their expert insight.

The report gives a holistic view of the global BYOD market and lays a strong emphasis on the dynamics of the market, with a critical analysis of how key industry players can effectively leverage the market in order to get ahead of competition. The report looks at established, emerging and innovative market players, their different offerings and the current and future outlook of the BYOD market on a global and regional level.

Bring Your Own Device (BYOD) Market 2014-2019: Enterprise Mobility Strategies Encompassing, mSecurity, MDM, mSaaS & VDI report will be of value to current and future potential investors in the BYOD industry, as well as companies and research centres who wish to broaden their knowledge of BYOD market ecosystem.