WorldWide Bring Your Own Device (BYOD) Market, Industry / Sector Analysis Report, Regional Outlook & Competitive Market Share & Forecast, 2019 - 2025 (Includes Business Impact of COVID-19)

  • TBI580665
  • September 09, 2019
  • Global
  • 132 pages
  • HCCResearch
                                          

Abstract, Snapshot, Market Analysis & Market Definition: Bring Your Own Device (BYOD) Market

Industry / Sector Trends

(Bring Your Own Device) BYOD market size was valued at USD 94.15 billion in 2014 and is anticipated to exceed USD 350 billion by 2022. Rising awareness regarding benefits of implementing this system is expected to drive the industry growth over the forecast period.   Application of this system for enhancement of organizational productivity is predicted to positively impact BYOD market trend from 2015 to 2022. It aids in reducing operating expenditure (OpEx) as well as capital expenditure (CapEx) by significantly reducing the cost incurred in purchasing systems. Users are also likely to be more convenient while using their own devices.   A well-implemented BYOD model ensures least IT support for employee-owned device, thus helping in cost savings. Cost optimization can also be achieved by selecting vendors strategically along with aiming for discounted pricing contracts for devices and applications.   Increasing usage of mobile devices is predicted to drive the BYOD market size over the few coming years. Asia Pacific contributed the largest share for mobile phone subscriptions and it was reported to be home to around 3.6 billion subscribers in 2014. The rise in number of mobile phones can be attributed to low voice calling tariff, availability of low price handsets, and development of new technologies with considerable investment in building infrastructure by mobile operators. Improved data service availability such as 4G LTE will also drive growth in the coming years.  

Market Segmentation, Outlook & Regional Insights: Bring Your Own Device (BYOD) Market

BYOD Market, By Device The BYOD market size for smartphones was valued at over USD 50 billion in 2014, growing at a CAGR of over 17% from 2015 to 2022. A large number of users are forecast to utilize their own smartphones as the preferred device as it enables the user to combine their work as well as personal lives successfully.   Tablets are forecasted to experience significant growth and the segment is estimated to exceed USD 130 billion by 2022. The rise in the sector can be attributed to the ability of tablet programs to offer better opportunities over the forecast period.   BYOD Market, By End-Use Global BYOD industry in mid-to-large sized businesses is estimated to account for more than 70% of the overall share by 2022. Industry sectors such as insurance and healthcare or financial service are expected to be most attractive end-use areas.   Escalating use of mobile devices in the financial services sector might prove helpful in remotely accessing the account information. Demand in small businesses is forecast to experience substantial growth and it is anticipated to be valued at more than USD 90 billion by 2022.   BYOD Market, By Region U.S. BYOD market size accounted for more than 30% of the overall industry share in 2014. It is projected to remain the largest market from 2015 to 2022. Considerable popularity of the enterprise mobility model across the region will fuel revenue over the forecast timeline.   Asia Pacific BYOD market share is anticipated to experience significant growth, at a CAGR of over 20% from 2015 to 2022. This can be credited to the smartphone demand in the region, along with attractive attributes such as lowered costs as well as higher productivity.  

Key Players, Recent Developments & Sector Viewpoints: Bring Your Own Device (BYOD) Market

Key industry participants accumulating major BYOD market share include Cisco Systems, Alcatel-Lucent, Good Technology, MobileIron, and IBM Corporation. Increasing use of personal devices in the enterprises has resulted in increased productivity owing to the need for a single device only. Attributes such as safety of the device in case of theft, security of information along with legal issues need to be handled to provide high degree of support to employees.

Key Insights Covered: Exhaustive Bring Your Own Device (BYOD) Market

1. Market size (sales, revenue and growth rate) of Bring Your Own Device (BYOD) industry. 2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Bring Your Own Device (BYOD) industry. 3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Bring Your Own Device (BYOD) industry. 4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Bring Your Own Device (BYOD) industry.

Research Methodology: Bring Your Own Device (BYOD) Market

  • Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  • Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  • Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.

1 Report Overview
    1.1 Research Scope
    1.2 Major Manufacturers Covered in This Report
    1.3 Market Segment by Type
        1.3.1 Global Bring Your Own Device (BYOD) Market Size Growth Rate by Type (2019-2025)
    1.4 Market Segment by Application
        1.4.1 Global Bring Your Own Device (BYOD) Market Share by Application (2019-2025)
    1.5 Study Objectives
    1.6 Years Considered

2 Global Growth Trends
    2.1 Production and Capacity Analysis
        2.1.1 Global Bring Your Own Device (BYOD) Production Value 2014-2025
        2.1.2 Global Bring Your Own Device (BYOD) Production 2014-2025
        2.1.3 Global Bring Your Own Device (BYOD) Capacity 2014-2025
        2.1.4 Global Bring Your Own Device (BYOD) Marketing Pricing and Trends
    2.2 Key Producers Growth Rate (CAGR) 2019-2025
        2.2.1 Global Bring Your Own Device (BYOD) Market Size CAGR of Key Regions
        2.2.2 Global Bring Your Own Device (BYOD) Market Share of Key Regions
2.3 Industry Trends
        2.3.1 Market Top Trends
        2.3.2 Market Drivers

3 Market Share by Manufacturers
    3.1 Capacity and Production by Manufacturers
        3.1.1 Global Bring Your Own Device (BYOD) Capacity by Manufacturers
        3.1.2 Global Bring Your Own Device (BYOD) Production by Manufacturers
    3.2 Revenue by Manufacturers
        3.2.1 Bring Your Own Device (BYOD) Revenue by Manufacturers (2014-2019)
        3.2.2 Bring Your Own Device (BYOD) Revenue Share by Manufacturers (2014-2019)
        3.2.3 Global Bring Your Own Device (BYOD) Concentration Ratio
    3.3 Bring Your Own Device (BYOD) Price by Manufacturers
    3.4 Key Manufacturers Bring Your Own Device (BYOD) Plants/Factories Distribution and Area Served
    3.5 Date of Key Manufacturers Enter into Bring Your Own Device (BYOD) Market
    3.6 Key Manufacturers Bring Your Own Device (BYOD) Product Offered
    3.7 Mergers & Acquisitions, Expansion Plans

4 Market Size by Type
    4.1 Production and Production Value for Each Type
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