Bring Your Own Device (BYOD) Market Fractovia .pdf
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BYOD Market for smartphones to grow at 17% CAGR
from 2015 to 2022: Fractovia.org
This BYOD Market report is an exhaustive research on companies active in BYOD
sector, its applications, products, end-users, trends and predictions on how the market
will grow in coming years.
The trending demand for enterprise mobility to efficiently perform business tasks, is
expected to be the driving force behind bring your own device market’s rapid
expansion. Increase in employee productivity, reduced hardware cost, and strong
claim for mobility software in large scale enterprises are some of the pushing factors
influencing the market globally. Many companies have already embraced this program
to increase their organization productivity. According to Global Market Insights Inc.,
“Bring your own device market worth USD 94.15 billion in 2014, is poised to exceed a
revenue of USD 350 billion by 2022.” Furthermore, the noticeable trend observed
among employees to prefer their own device for professional as well as personal
usage is likely to uplift the industry trends in the coming years.
An analytical overview of the bring your own device market based on devices,
end users, and regions over the period 2016-2022:
Smartphones, tablets, and laptops are the three major devices through which the
concept of bring your own device is implemented. Surging demand for
smartphones coupled with high-speed data services is expected to boost the
overall market size. Bring your own device industry for smartphones will exhibit
robust growth, with a projected annual rate of more than 17% over 2016-2022.
Mounting popularity of tablets is anticipated to bring a revolution in the global bring
your own device market. Tablets based bring your own device industry is forecast
to record a revenue of more than USD 130 billion in the next five years.
Businesses ranging from small to large scale enterprises, are collectively
contributing toward bring your own device industry. Demand from small scale
business is experiencing a noticeable growth and is expected to surpass a revenue
of USD 90 billion by 2022, with a projected CAGR of 19.7% over 2016 -2022.
Global bring your own device industry expansion from mid-to-large sized business
is projected to be the dominant sector with revenue record set to exceed USD 90
billion by 2022.
Based on global trends, U.S. is the most promising region thriving the global
market. U.S. bring your own device industry worth USD 30 billion in 2014, is
expected to show a speedy growth curve at an annual rate of 15% over half a
decade period. Asia pacific being another major region is also witnessing rapid
expansion in this industry. The decline in hardware prices and increasing
penetration of smartphones in this region is spurring the industry growth. APAC
bring your own device market is forecast to grow lucratively at a CAGR of 20.8%
over the period of 2016-2022.
North America BYOD market size, by device (USD Billion), 2012 – 2022
Employees are inclined toward using a single device for both professional and
personal applications in order to dodge the cyber hassles, thefts and other
inconveniences. Addressing the security concerns is one of the vital factors influencing
the enterprises to implement bring your own device model. Key participants in bring
your own device market include Good Technology, IBM Corporation, Alcatel-Lucent,
Cisco, and MobileIron.
Table of Content of BYOD Market:
Methodology and Scope
Initial data exploration
Statistical model and forecast
Industry insights and validation
Research scope and assumptions
BYOD industry 3600 synopsis, 2012 - 2022
BYOD Industry Insights
Industry size and forecast, 2012 - 2022
Industry ecosystem analysis
Industry Impact forces
Industry pitfalls & challenges
Growth potential analysis
Key Company Analysis, 2015
Browse key industry insights spread across 103 pages with 25 market data tables &
25 figures & charts from the report Bring Your Own Device Market in detail along
with the table of contents:
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