U.S. Bring Your Own Device Market size was valued close to USD 30 billion in 2014 and is anticipated to grow at a CAGR of over 15% from 2015 to 2022. Asia Pacific is predicted to be the most attractive region and it is projected to grow at a CAGR of 20.8% over the coming seven years. Declining hardware prices, increasing mobile user workforce and high smartphone penetration are the factors responsible for increasing BYOD market share across the region. Increasing personal technology along with IT consumerization is also expected to boost the bring your own device market.
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Healthcare, financial services and insurance industry segments are predicted to be most key verticals. Moreover, both mid-to-large sized and small scale businesses have started adopting the system and are predicted to further the bring your own device market growth.
Increasing employee preference towards using a single device for professional as well as personal use may positively impact the bring your own device market demand over the several coming years. In addition, use of single device helps in avoiding hassles such as theft, loss, and inconvenience caused by carrying separate devices. In addition, as employees use their personal devices, they feel more comfortable while working; this in turn might improve job satisfaction level. It also aids in increasing productivity at work.
The report covers competitive analysis of the market discussing the profiles, key market strategies of major market players accumulating major market share in the bring your own device market are: Alcatel-Lucent, Cisco Systems, MobileIron, Good Technology,and IBM Corporation.
Browse key industry insights spread across 103 pages with 25 market data tables & 25 figures & charts from the report, “Bring Your Own Device Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/bring-your-own-device-BYOD-market
Factors such as economical handset prices, low calling rates, in addition with development and implementation of new technologies and high investment by mobile operators in building infrastructure is anticipated to boost bring your own device market size. Surging use of smartphones and high speed internet services such as 4G LTE is expected to positively impact the bring your own device market over the forecast period.
According to new study based Report on BYOD by Global Market Insights, Bring your own device market size worth USD 94.15 billion in 2014 is forecast to reach USD 350 billion from 2015 to 2022. The report provides granular quantitative information on market together with key BYOD industry insights.
Chapter 2. Executive Summary
2.1. BYOD industry 3600 synopsis, 2012 – 2022
Chapter 3. Bring Your Own Device Market Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2012 – 2022
3.3. Industry ecosystem analysis
3.4. Industry Impact forces
3.4.1. Growth drivers
3.4.2. Industry pitfalls & challenges
3.5. Growth potential analysis
3.6. Porter’s analysis
3.7. Key Company Analysis, 2015
3.8. PESTEL analysis
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/bring-your-own-device-BYOD-market
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