BYOD and EMM market to hit $181bn by 2017

They both have the potential for huge growth in their respective areas, but a new industry report has shed light on how big the expansion for bring your own device (BYOD) and enterprise mobility management (EMM) could be.

Analyst group MarketsandMarkets has assessed that the BYOD and enterprise mobility market will hit $181bn by 2017, with North American accounting for $58.6bn of that figure.

The current figure for the markets stand at $67.21bn, proving that the space is entrenched and hugely lucrative for players operating within it, such as mobile device management (MDM) providers. Perhaps unsurprisingly, North America commands the biggest share of the market.

The increase will result in a CAGR (compound annual growth rate) of 15.17% through 2017.

“Companies are getting instant return in terms of visibility, time management, cost saving and positive work environment,” the analysts note in a release.

MarketsandMarkets also notes that BYOD is “after cloud computing” in terms of being the hottest topic in the market. Of course, the two areas overlap to varying results; some fantastic, others devastating.

A key report from CommScope released earlier this month showed the two biggest future trends for IT managers as enterprise mobility and cloud services. Mobility and cloud were the top two, followed by 40Gb and 100Gb Ethernet, infrastructure intelligence and green power.

But it’s not all good news; a study from AccelOps last month revealed that, for three in four IT security professionals, bring your own device was one of the “greatest inhibitors to effective cloud security”.

Similarly, back in January a research paper revealed that it’s often a two-way street; whilst operating BYOD makes employees happier, security managers feel their companies need to mug up on cloud-based and app security.

The full report can be purchased on the MarketsandMarkets website here. What’s your company’s take on BYOD and EMM?

 

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