BYOD Security Market - Global Industry Perspective,Comprehensive
Analysis and Forecast, 2015 – 2021
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BYOD Security Market
BYOD i.e. bring your own device, is also referred as bring your own technology (BYOT), and bring
your own phone (BYOP). It is a practice in which employee of the organization allowed to bring
personally owned devices (tablets and smart phones) to their workplace and permitted to use these
devices to access privileged company information and applications. Many IT departments struggling
to keep updated with yearly changing technology hence increasing number of employees are seeking
to use personal devices to access corporate data. BYOD security protects such devices from security
threats that can harm the intellectual property of the organization.
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The growth of global BYOD security market has been attributed to increased adoption of BYOD
policies which helps to reduce hardware cost for the organizations. Employees expect to carry-out
BYOD Security Market
work-related tasks such as accessing and sending emails while they are out of office premises. This
ensures employee productivity independent of their location. Popularity of BYOD in varied industry
verticals, increased penetration of smartphones and tablets are the major driving factors of BYOD
security market. On a contrary, low awareness about BYOD security tools is expected to pose
challenge to the market growth. Nonetheless, availability of common & easy accessible BYOD
security tool is likely to offer new opportunities to the participants of BYOD security market within
the forecast period.