BYOD Security Market - Global Industry Analysis, Forecast 2015 – 2023
Bring your own
device (BYOD) refers to computing devices such as smartphones and
tablets that employees bring to the workplace on the secure corporate
networks. These mobile devices are prone to viruses and other
potential risks such as cyber attacks. BYOD security solutions
protect such devices from security threats that can harm the
intellectual property of the organization. Additionally, these
security solutions aid employees to take optimum advantage of mobile
devices to efficiently perform their tasks at convenient locations.
Full Report of
BYOD Security Market is available at :
Business enterprises
across the globe are promoting the use of BYOD devices, thereby
allowing their employees to carry these portable mobile devices for
work-related tasks at the convenient locations. BYOD concept permits
employees to access data at real time, thereby helping them in making
quick decisions. This in turn necessitates the deployment of
effective BYOD security solutions to prevent unauthorized access to
the company’s data and in turn is fuelling the growth of BYOD
security solutions market. Another key factor boosting the growth of
BYOD security market is the increased demand for smartphones.
Employees prefer to carry-out work-related tasks such as accessing
and sending emails while on the move. This ensures employee
productivity independent of their location. This for addressing all
Increasing possible security threat is triggering the need for
deploying effective BYOD security solutions. BYOD risk doesn’t just
arise from malicious hackers. Threats to data and security are hidden
in the most innocuous seeming software applications that employees
access over the enterprise network. Such apps can transmit user data
to advertisers, access contacts lists, read SMS messages or even
install packages on the phone. Mobile application management (MAM)
solutions offer more security control than Mobile Device Management
(MDM). Thus, the BYOD security market is seeing a paradigm shift from
MDM approach to the app-centric MAM approach. Some of the recent
solutions by are Citrix Systems, Inc such as XenMobile are a
combination of MDM, MAM and enterprise-grade productivity apps.
However, initial
investment to deploy these solutions is a significant factor
restraining the growth of the market making them unaffordable for
start-up companies. Also, the lack of awareness among the end-users
and the technical complexity involved in resolving the issues
pertaining to theft of BYOD device is a critical factor affecting the
adoption of BYOD security solutions. Due to these factors, certain
mid-size business enterprises are reluctant to implement the use of
BYOD devices and their security solutions, thereby adversely
affecting the growth of this market.
The BYOD security
market is segmented on the basis of types of security solutions as
mobile data security solutions, mobile data management solutions,
mobile network security solutions, and mobile ID management solutions
among others. The BYOD security market is dominant in North America.
The growth is primarily attributed to advancements in security based
technologies and stiff competition among the business enterprises
to increase productivity and in turns revenues by focusing on
employees comfort. Asia-Pacific is witnessing growth in BYOD security
solutions due to the increasing foreign investment in India, China,
Indonesia and Singapore among others. Proliferation in the usage of
smartphones is also one of the key factors for the growth of BYOD
devices and its security solutions in this region. However cost
associated with the BYOD devices security solutions are high making
it a hindrance in this market.
Leading players in
the market are investing in research and development in designing
solutions with the goal to address the increasing number of security
threats and lessen their impact. For instance, Fortinet Inc., one of
the major players in the market recently detected 211G1 malware and
developed advanced techniques in blocking this malware. Other leading
players in the market include Citrix Systems, Inc., International
Business Machines (IBM) Corporation, VMware Inc., MobileIron, and
Good Technology Corporation.
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