The sharp preference turn towards employee-owned devices is estimated to incentivize the bring your own device
market 2020. The semiconductors and electronics reports are made by Market Research Future, which includes
market possibilities for advancement.
A 16% CAGR is predicted to open up the earning potential to USD 96 billion by
2023
The increase in BYODs is credited to the restricted access to non-essential personnel is estimated to further induce
development in the Bring Your Own Device market. Besides, the aspect of augmented productivity and reduced
hardware costs are estimated to further open up the scope for development in the bring your own device boost
mobiles. The increased need for enterprise mobility is further projected to boost the bring your own device market
share.
Segmental Analysis
The segmental investigation of the market for bring your own device is conducted on the basis of device, component,
deployment, region and vertical. On the vertical basis, the market of bring your own device consists of healthcare,
retail, transportation, BFSI, I.T. & telecommunication, manufacturing, and others. Based on the regions, the market of
bring your own device is segmented into the Asia Pacific, North America, Europe, and rest of the regions in the world.
Based on the deployments, the bring your own device market is bifurcated into cloud and on-premise. On the basis of
component, the market of bring your own device is segmented into security, solution, and service. Based on the
devices, the market of bring your own device is segmented into tablets, smartphones, and laptops.
Detailed Regional Analysis
The regional review of the bring your own device market is studied in Asia Pacific, North America, Europe, and the rest
of the regions in the world. For the principal segment of the market, it has been noted that the North American region
is projected to account. In contrast, the Asia Pacific region is anticipated to propagate at the fastest rate for the
duration of the forecast. The augmented implementation of cloud-based services and technological signs of progress
across numerous industry verticals is accredited to induce growth of the bring your own device market in the region of North America.
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Competitive Analysis
The reinforcement of the distribution channels is estimated to further place the market in the right place for the
future. The emphasis on marketing strategies is estimated to decline due to the focus being placed on cost
optimization. The contender's progress in the market is estimated to be bolstered by the innovations that are being
undertaken to enhance the core product offering in the upcoming period. The market is estimated to be energized by
the incentives offered by the governments and the initiatives taken to spur the global market. The trade blockades are,
however, estimated to slow down the momentum that could be attained by the market.
- Cisco SystemsInc. (U.S.)
- AirWatch (U.S.)
- AT&T (U.S.)
- Microsoft Corporation (U.S.)
- Tech Mahindra Limited (India)
- Honeywell International (U.S.)
- Capgemini (France)
- Oracle Corporation (U.S.)
- Accenture (Ireland)
- SAP SE (Germany)
- Alcatel-Lucent S.A. (France),
- Apperian (U.S.)
- Hewlett-Packard (U.S.)
- Duo Security (U.S.)
- HCL (India)
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