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Bring Your Own Device (BYOD) Market Insights | Size, Status & Growth Factors | Forecast To 2028

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Rahul Sharma
Bring Your Own Device (BYOD) Market Insights | Size, Status & Growth Factors | Forecast To 2028

Million Insights Market Research Released A New Research Report On Global Bring Your Own Device (BYOD) Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.

 

Pune, India: Oct. 28, 2019 - Bring Your Own Device (BYOD) Market was valued at USD 75.99 billion in 2013. It is anticipated to foresee significant growth throughout the forecast period. Surging use of Smartphone and rise in the various services including 3G and 4G LTE are anticipated to boost the growth of the market in developed as well as developing countries. Since employees are used to their personal devices, they can execute task efficiently leading to the increased productivity.

One of the major challenges for enterprises while adopting this model is overcoming security concerns which are presented by BYOD implementations. Probable risks to security are unauthenticated access to private information, challenges in tracking data and measuring the risk exposure of data, theft of devices and the employees escaping the organization with these devices.

To Get Sample Report visit @ https://www.millioninsights.com/industry-reports/bring-your-own-device-byod-market/request-sample

BYOD programs are carry-out through tablets, laptops, and Smartphone. Smartphone’s dominated the market in 2013 and has a revenue share of over 55% that can be associated with the fact that mobile developers have come up with various applications which have several computer-built programmers which includes Microsoft Excel, Microsoft PowerPoint and Microsoft Word which are of immense importance to employees for the both the personal and professional work.

Tablets are offering features of both the Smartphones and laptops which is becoming popular and are anticipated to cause transformation in the adoption of BYOD.

Enterprises of all size which includes small businesses to mid-to-large sized businesses have begun to adopt BYOD programs as reducing both the capital and operating expenditure. Employees bring their personal devices at work which eliminates the cost of device or hardware. In addition, a large number of employees also bears the data costs that is incurred on their devices which help to reduce the overall cost of the organization.

Mid-to-large sized businesses held the share of 75% in 2013; this can be associated with the availability of a large number of resources as well as advanced communication networks along with provisions for security. Small businesses are also gaining a noble step and are anticipated to grow at a CAGR greater than the global average.

To Browse Complete Report visit @ https://www.millioninsights.com/industry-reports/bring-your-own-device-byod-market

Market Segment:

 

BYOD Device Outlook (Revenue, USD Billion, 2012 - 2020)

  • Smartphones
  • Tablets
  • Laptops

 

BYOD End-Use Outlook (Revenue, USD Billion, 2012 - 2020)

  • Mid-to-Large Sized Businesses
  • Small Businesses

 

BYOD Regional Outlook (Revenue, USD Billion, 2012 - 2020)

  • North America
  • Europe
  • Asia Pacific
  • RoW

 

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At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

 

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: [email protected]

 

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Model Colony, Shivaji Nagar, Pune, MH, 411016 India

tel: 91-20-65300184

Email: [email protected]

Visit Our Blog: www.millioninsights.blogspot.com

 

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