The market for Bring Your Own Device (BYOD) & Enterprise Mobility is expected to reach US$ XX Bn to 2020.
Bring Your Device (BYOD) is a concept that permits employees to make use of their mobile devices, including smartphones, tablets, and laptops, for corporate work-related purposes. With the propagation of mobile computing and increased focus on digitization, enterprises that previously made limited use of applications for business operations are now driving application development for mobile platforms. The proliferation of mobile devices such as tablets and smartphones is an obvious driver of the BYOD concept. Still, the growing desire among employees for the use of a single device for both personal and work-related activities is equally crucial. Using a single device for personal and work-related activities allows users/employees to avoid the inconvenience caused by carrying two separate devices. In addition, since employees are more familiar with their mobile devices, it becomes easy for them to perform work-related tasks more efficiently. This, in turn, has a positive impact on employee productivity at work.
Apart from offering employees access to real-time information, the BYOD and enterprise mobility concept also allow enterprises to reduce IT expenditure. Employees use their devices for work-related activities, which eliminates the hardware or device costs. The concept embraces huge potential to shape businesses by promoting innovative methods of interacting with business partners and customers across the globe. The concept of BYOD and enterprise mobility is quite prevalent in developed economies like the U.S., where several companies offer employees an option to work from home. The proliferation of mobile devices and the prevailing trend of working outside work hours, especially in India and China, is expected to trigger the adoption of BYOD and enterprise mobility concept in the Asia Pacific.
IBM Corporation, Cisco Systems, Inc., Microsoft Corporation, Alcatel-Lucent S.A., AirWatch, MobileIron, Hewlett-Packard Company, Good Technology, Avaya Inc., and Citrix Systems, Inc.
The market for Bring Your Own Device (BYOD) & Enterprise Mobility is expected to reach US$ XX Bn to 2020.
The Bring Your Own Device (BYOD) & Enterprise Mobility market is expected to see significant CAGR growth over the coming years, at XX%.
The report is forecasted to 2020.
The base year of this report is 2019.