Bring Your Own Device (Byod) Market Research Report, Growth , Share and Forecast to 2020

Increasing awareness of advantages obtained by BYOD implementation in an organization is expected to expel the market growth. BYOD concept refers to the connection of personal devices such as smartphones, tablets and PCs to an enterprise’s network, which benefits to several financial, operational and organizational activities. Well deployed BYOD benefits in job satisfaction are leading towards overall business benefits. Access to enterprise solutions by employees from distance or home is expected to increase the productivity of an organization. This advantage is anticipated as a key factor to augment the market growth. Furthermore, capital expenditure is going to decrease due to elimination of device purchasing. Operational expenditure can be reduced by providing tech support and self service solutions for resolving issues. These advantages are anticipated as the prominent drivers for the growth of the market in coming years
Reduced hardware cost for enterprises, increasing smartphone diffusion, constant usage popularity among industry verticals, regions and enterprises and emergence of mobile business user workforce are expected to drive the market growth over the forecast period. However, security issues, governance & compliance issues and device seizure & data loss are expected to hamper the market growth. Personalized mobile environment and cloud technology offer key opportunities to players to augment the market growth in coming years.

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Device Insights

Devices used in BYOD concept include smartphones, laptops and PCs. The market is expected to grow owing to increasing awareness of mobile devices technology. Most of the users use their own smartphones as the preferred device due to the ability to couple work and personal lives effectively. Provision of funds for BYOD, technical support & services and security issue solutions by...