- Market to grow at 31.95 percent CAGR during 2014-2018
According to the latest research findings by the independent London-based global research firm TechNavio, Mobile Device Management (MDM) contributes to more than 90 percent of the Global BYOD Security Market. The findings are for the forecast period 2014-2018.
As per research analysis, MDM solutions are helping in the management of smartphones and personal device assistants for storing critical data. The demand for MDM solutions, has been rising consistently over the past few years and will be witnessing huge growth in the coming few years, due to the growing use of personal mobile devices in enterprises.
Global BYOD Security Market by Type
Source: TechNavio Analysis
Speaking on this occasion, one of the senior analysts and co-author of this report said, “Currently, a number of companies are offering various solutions in the Global BYOD Security market. However, the market is still in its nascent stages and there is a large scope for pure-play vendors in developing software kits at affordable prices that can change the market acceptance of these products.”
The major vendors in the Global BYOD Security market are AirWatch LLC, Citrix Systems Inc., Good Technology Inc., Fiberlink Communication Corp., and Mobilelron Inc. Some of the major players in the Global BYOD Security market include IBM Corp., McAfee Inc., SAP AG and Symantec Corp.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in order of importance.
If you are interested in more information on this topic and our upcoming research on Global BYOD Security Market 2014-2018, please send an e-mail to media@TechNavio.com.
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of Global BYOD Security Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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