LONDON--(BUSINESS WIRE)--Increased adoption of BYOD policies has spurred demand for better security solutions and initiated growth in the Global BYOD Security Market, according to a new report from research firm TechNavio.
The global market is expected to post a CAGR of 35.23 percent from 2015-2019.
Enterprise mobility and flexibility in operations are essential for organizational success, leading many large enterprises to encourage employees to access enterprise data from their personal devices. However, this introduces many security concerns.
According to the latest report from TechNavio, mobile platform vendors are starting to offer ready-made mobile security solutions to large enterprises and government organizations, in order to address the potential security risks associated with BYOD policies.
“Mobile platform vendors have introduced BYOD security solutions to increase their competitive strength in the market. For example, Google is offering free antivirus and mobile data security for Android phones,” says Faisal Ghaus, Vice President of TechNavio.
“This encourages enterprises to adopt BYOD policy, which will, in-turn, increase the revenue flow in this market over the projected period.”
In addition, increasing demand from SMEs is expected to significantly impact market growth through 2019.
TechNavio currently has more than 3000 market research reports on a huge range of topics, including:
- Global BYOD Security Market 2014-2018
- Global BYOD and Enterprise Mobility Market 2012-2016
- Global Enterprise Mobility Solutions Market 2014-2018
About TechNavio
TechNavio is a leading global technology research and advisory company.
Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
If you are interested in more information, please contact our media team at media@technavio.com.
