Research Finds BYOD and Enterprise Mobility Market Both Buoyant
December 02, 2013
By Mini Swamy
, TMCnet Contributor
With bring your own device (BYOD) policy catching on and the corporate sector seemingly encouraging the trend, it’s no wonder that the total BYOD and enterprise mobility market is about to enter a new phase of rapid growth.
Confirming this trend, a market research report published by MarketsandMarkets predicted that the global outlook was bright and positive with the market expected to reach $181.39 billion by 2017 with an estimated CAGR of 15.17 percent.
The North American market will reportedly claim the largest share of the overall managed BYOD and enterprise mobility market, more than doubling its market share by 2017.
The report analyzes the market trends and examines why this particular segment is thriving.
It’s not hard to see why enterprises are going mobile and why both employers and employees are avidly embracing the BYOD trend. Today, enterprises can hardly visualize a situation where they are never in control. They want to be in touch with their mobile workforces all the time and want instant results and returns.
The only way to do this is to ensure that they create a positive work environment and save time and money. This can be achieved by allowing employees to use any device they choose to ensure that they remain always connected with the enterprise network, regardless of where they are.
Employees also like the liberated concept of not being confined to using a single device for work purposes. Thus, in a bid to ensure maximum productivity in minimum time, we see smart phones, tablets, and laptops invading the corporate sector, allowing employees to work from home, while on the road and even while traveling.
Of course, with this freedom comes allied risks and challenges: controlling and managing the various devices that are in use and the most important issue of security, which cannot be addressed by traditional IT management tools.
Many software and security vendors are indirectly triggering the BYOD and enterprise mobility market by creating a secure environment for the various devices. Mobility device management has become an integral part of the mobile IT platform that helps to control the user environment and thereby protect corporate data and assets.
Thus encouraged, there seems to be no reason why the corporate sector and its employees cannot embark boldly on an enterprise mobile mission that goes beyond the barriers of tradition. The BYOD and enterprise mobility trend doesn’t show any signs of letting up, and an upward curve is imminent.
Edited by Rory J. Thompson