BYOD Security Global Market Report 2024

Description

“BYOD Security Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on byod security market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for byod security? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The byod security market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Device Type: Laptop; Smart Phones; Tablet
2) By Solution: Mobile Device Management; Mobile Application Management; Mobile Content Management; Mobile Identity Management
3) By Deployment Mode: On-Premise; Cloud Based
4) By End-User: Large Enterprises; Small And Medium-Sized Enterprises; Government Organizations
Companies Mentioned: Citrix Systems Inc.; Trend Micro Inc.; SAP SE; International Business Machines Corporation; VMware Inc
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

BYOD security encompasses the strategies, protocols, and systems designed to ensure data confidentiality and protection while employees use personal devices for work within a company. The BYOD (Bring Your Own Device) policy permits the use of personal devices for work-related tasks.

The primary devices focused on in BYOD security include laptops, smartphones, and tablets. Smartphones denote mobile phones running an operating system allowing users to upgrade and install new software. They serve various purposes in mobile device management, application management, content management, and identity management, deployed in both on-premises and cloud settings. These devices cater to diverse user categories such as large corporations, small to medium-sized enterprises, and government entities.

The BYOD security market research report is one of a series of new reports from The Business Research Company that provides BYOD security market statistics, including BYOD security industry global market size, regional shares, competitors with a BYOD security market share, detailed BYOD security market segments, market trends and opportunities, and any further data you may need to thrive in the BYOD security industry. This BYOD security market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The byod security market size has grown exponentially in recent years. It will grow from $57.86 billion in 2023 to $78.33 billion in 2024 at a compound annual growth rate (CAGR) of 35.4%. During the historical period, growth can be attributed to several factors, enhanced employee productivity and convenience, cost-effectiveness, optimized infrastructure, evolving work culture emphasizing flexibility, increased usage of mobile devices, and the positive impact on employee satisfaction and retention.

The byod security market size is expected to see exponential growth in the next few years. It will grow to $263.5 billion in 2028 at a compound annual growth rate (CAGR) of 35.4%. In the upcoming forecast period, growth is expected to stem from ongoing remote work practices, heightened emphasis on data privacy and compliance, the integration of robust endpoint security, advancements in authentication technologies, and the evolution of enterprise mobility management (EMM).

The anticipated upsurge in cyberattacks and data breaches is set to be a driving force behind the expansion of the BYOD security market. These malicious activities afford hackers illicit access to computer systems or networks, enabling the pilfering of private, sensitive, or confidential financial and personal information of clients or users. BYOD security facilitates remote access to organizational resources for employees, ensuring the safeguarding of an organization's data when accessed through personal devices. For example, data from AAG IT Services revealed a staggering global count of over 236.1 million ransomware attacks and an impact on 53.35 million US citizens due to cybercrime in the initial half of 2022. Additionally, a report by HISCOX in May 2022 highlighted a 12% year-on-year surge in cyberattacks, with 48% of organizations reporting an assault in the preceding 12 months, up from 43% in the prior year, further accentuating the impetus behind the BYOD security market.

The surge in smartphone adoption is expected to significantly propel the BYOD security market. Smartphones, blending mobile phone functionalities with computing capabilities, necessitate robust BYOD security measures to protect sensitive data and systems from unauthorized access. As per Uswitch Limited's report in February 2023, active mobile connections surged to 71.8 million in 2022, marking a 3.8% increase from 2021. With a projected 68.3 million individuals residing in the UK by 2025, an estimated 95% (65 million) are anticipated to possess smartphones, underscoring the pivotal role of smartphone adoption in driving the growth trajectory of the BYOD security market.

Technological progressions stand out as a prominent trend gaining momentum within the BYOD security landscape. Companies within this realm are innovating advanced solutions to fortify their market presence. Notably, in August 2022, Seraphic, an Israel-based enterprise specializing in browser security solutions, introduced 'Security,' an Enterprise-Grade Browser Security Solution. This innovation caters to securing the hybrid workforce and business data, functioning seamlessly across browsers and devices. It ensures secure browsing and enforces company protocols across public sites, Software as a Service (SaaS), and internal corporate applications. As remote work proliferates and organizations increasingly leverage BYOD settings and web-based SaaS applications, the browser has emerged as a primary productivity tool for employees.

Prominent companies in the BYOD security sphere prioritize collaboration and partnerships to deliver reliable services to customers. Strategic partnerships, formalized through business agreements or contracts, represent a structured affiliation between two or more commercial enterprises. For instance, in October 2022, Traced Mobile Security partnered with METCLOUD, a UK-based cloud-centric cybersecurity platform, to bolster mobile threat defense for organizations grappling with BYOD security concerns. This collaboration offers businesses a comprehensive, privacy-centric solution geared towards enhancing mobile security, ensuring compliance, and safeguarding valuable data.

In November 2023, Palo Alto Networks Inc., a leading American cybersecurity firm, completed the acquisition of Talon Cyber Security for $650 million. This strategic move involves the incorporation of Talon's advanced cybersecurity solutions, specifically their secure third-party access and secure employee BYOD programs, into Palo Alto's Prisma SASE platform. Additionally, Palo Alto will integrate Talon's secure enterprise browser technology, enhancing the comprehensive security offerings within their portfolio.

Major companies operating in the byod security market report are Citrix Systems Inc., Trend Micro Inc., SAP SE, International Business Machines Corporation, VMware Inc., Cisco Systems, Hewlett Packard Enterprise, BlackBerry Limited, Broadcom Inc., Check Point Software Technologies Ltd., McAfee LLC, Symantec Corporation, Sophos Ltd., MobileIron Inc., Ivanti, Microsoft Corporation, Dell Technologies Inc., Fortinet Inc., F5 Networks Inc., Palo Alto Networks Inc., FireEye Inc., Proofpoint Inc., Zscaler Inc., Okta Inc., Duo Security Inc., OneLogin Inc., Centrify Corporation, Ping Identity Corporation, RSA Security LLC, AnyDesk Software GmbH, BeyondTrust Corporation, ConnectWise LLC, CyberArk Software Ltd., LogMeIn Inc., ManageEngine, SecureAuth Corporation, SolarWinds Worldwide LLC, Splashtop Inc., TeamViewer GmbH, Thycotic Software LLC,

North America was the largest region in the global BYOD security market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the byod security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the byod security market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The BYOD security market includes revenues earned by providing services such as choose your own device (CYOD), company-owned, personally enabled (COPE) devices, company-owned, business-only (COBO), and related services such as passwords, zero trust policies, VPNs, and back-up devices. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r11587

1. Executive Summary

2. BYOD Security Market Characteristics

3. BYOD Security Market Trends And Strategies

4. BYOD Security Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global BYOD Security Market Size and Growth

5.1. Global BYOD Security Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global BYOD Security Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global BYOD Security Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. BYOD Security Market Segmentation

6.1. Global BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Laptop
Smart Phones
Tablet
6.2. Global BYOD Security Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Mobile Device Management
Mobile Application Management
Mobile Content Management
Mobile Identity Management
6.3. Global BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
On-Premise
Cloud Based
6.4. Global BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Large Enterprises
Small And Medium-Sized Enterprises
Government Organizations

7. BYOD Security Market Regional And Country Analysis

7.1. Global BYOD Security Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global BYOD Security Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific BYOD Security Market

8.1. Asia-Pacific BYOD Security Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China BYOD Security Market

9.1. China BYOD Security Market Overview
9.2. China BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India BYOD Security Market

10.1. India BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan BYOD Security Market

11.1. Japan BYOD Security Market Overview
11.2. Japan BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia BYOD Security Market

12.1. Australia BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia BYOD Security Market

13.1. Indonesia BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea BYOD Security Market

14.1. South Korea BYOD Security Market Overview
14.2. South Korea BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe BYOD Security Market

15.1. Western Europe BYOD Security Market Overview
15.2. Western Europe BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK BYOD Security Market

16.1. UK BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany BYOD Security Market

17.1. Germany BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France BYOD Security Market

18.1. France BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy BYOD Security Market

19.1. Italy BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain BYOD Security Market

20.1. Spain BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe BYOD Security Market

21.1. Eastern Europe BYOD Security Market Overview
21.2. Eastern Europe BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia BYOD Security Market

22.1. Russia BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America BYOD Security Market

23.1. North America BYOD Security Market Overview
23.2. North America BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA BYOD Security Market

24.1. USA BYOD Security Market Overview
24.2. USA BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada BYOD Security Market

25.1. Canada BYOD Security Market Overview
25.2. Canada BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America BYOD Security Market

26.1. South America BYOD Security Market Overview
26.2. South America BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil BYOD Security Market

27.1. Brazil BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East BYOD Security Market

28.1. Middle East BYOD Security Market Overview
28.2. Middle East BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa BYOD Security Market

29.1. Africa BYOD Security Market Overview
29.2. Africa BYOD Security Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa BYOD Security Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa BYOD Security Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. BYOD Security Market Competitive Landscape And Company Profiles

30.1. BYOD Security Market Competitive Landscape
30.2. BYOD Security Market Company Profiles
- 30.2.1. Citrix Systems Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Trend Micro Inc.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. SAP SE
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. International Business Machines Corporation
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. VMware Inc
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global BYOD Security Market Competitive Benchmarking

32. Global BYOD Security Market Competitive Dashboard

33. Key Mergers And Acquisitions In The BYOD Security Market

34. BYOD Security Market Future Outlook and Potential Analysis

34.1 BYOD Security Market In 2028 - Countries Offering Most New Opportunities
34.2 BYOD Security Market In 2028 - Segments Offering Most New Opportunities
34.3 BYOD Security Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer