Europe Bring Your Own Device (BYOD) Market is Expected to Reach $74.7 billion in 2019 - New Report by MicroMarket Monitor
(PRWEB) September 15, 2014 -- The Europe Bring Your Own Device (BYOD) report defines and segments the Bring Your Own Device (BYOD) market in Europe with analysis and forecast of revenue. The BYOD market in Europe is estimated to grow from $23.4 billion in 2014 to $74.7 billion by 2019, at a CAGR of 26.1% from 2014 to 2019.
Browse through the TOC of the Europe Bring Your Own Device (BYOD) market report, to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation in the European BYOD market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/europe-bring-your-own-device-byod-3002657170.html
Globally, Europe is the second-largest market for BYOD, wherein the U.K. holds the maximum market share. Organizations operating in Europe are increasingly adapting mobility solutions to augment their productivity. The adoption of mobility solutions requires efficient IT infrastructure to serve the needs of the large workforce. Also, the cost involved in IT hardware is low and thus, the organizations in Europe are readily investing towards the expansion of their IT infrastructure. This is one of the major driving factors of the European BYOD market.
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The U.K., as of 2014, contributes a major share of 23.7% in the overall European BYOD market. The demographic conditions in Europe are unfavorable for the BYOD market, as the region is faced with a scarcity of young people. Organizations desire to employ young talent for their creative ideas and high productivity. Since, the young generation is quite tech-savvy, the companies consider implementation of BYOD as a lucrative option; from both the employee and company perspective, as it would help the employees have ease and convenience to work and there would be huge cost savings for the company. Hence, the organizations are progressively adopting BYOD polices as it adds value to their business.
This market is segmented and forecast based on software, device, and security solution. The software segment of this market comprises Mobile Device Management (MDM), Mobile Application Management (MAM), Telecom Expense Management (TEM), Enterprise Mobile Content Management (EMCM), and Enterprise Mobile Email Management (EMEM), among others. The device segment of this market constitutes smartphones, tablets, and laptops. The security solution segment of the European BYOD market includes mobile data security, mobile device security, mobile ID management, and network security. The market is further segmented and forecast based on the major countries in the region, such as the U.K. and Germany.
Early buyers will receive 10% customization on this report.
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The market report includes market share and value chain analyses, along with market metrics such as drivers & restraints. In addition, the report presents a competitive landscape and company profiles of the key players in the European market.
Related Reports:
North America Bring Your Own Device (BYOD) Market
The North America bring your own device (BYOD) market is expected to grow from $25.38 billion in 2013 to $69.52 billion by 2018, at an estimated CAGR of 22.33% during the forecast period.
Bring your own device (BYOD) is a substitute policy, which allows employees, business partners, and other users to bring their personal devices such as smart phones, tablets, and laptops at work to execute enterprise applications and access data. This trend is seen increasing at a rapid speed within the organizations. With the help of BYOD, employees find flexibility at work such as extending hours and work from anyplace. Enterprises are also benefited in many ways such as enhanced productivity, reduction in IT and operation costs, retention of employees, and better mobility for employees, among others.
http://www.micromarketmonitor.com/market/north-america-bring-your-own-device-byod-9516355821.html
Asia-Pacific Bring Your Own Device (BYOD) Market
Bring your own device (BYOD) is a substitute policy, which allows employees, business partners, and other users to bring their personal devices such as smart phones, tablets, and laptops at work to execute enterprise applications and access data. This trend is seen increasing at a rapid speed within the organizations. With the help of BYOD, employees find flexibility at work such as extending hours and work from anyplace. Enterprises are also benefited in many ways such as enhanced productivity, reduction in IT and operation costs, retention of employees, and better mobility for employees, among others.
The Asia-Pacific BYOD market is booming because of the tech-savvy generation and the increasing consumption of mobile devices. Organizations are adopting BYOD trends so as to retain the employees by providing the benefits such as flexible timing, internet use, and mobile technology on one’s own device for private and professional use. This has assisted in mobilization of organizational data, thereby increasing the efficiency of the organization.
http://www.micromarketmonitor.com/market/asia-pacific-bring-your-own-device-byod-2795083948.html
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