BYOD Market Size to Grow by USD 69.07 Bn, Reduced Hardware Cost for Enterprises to Drive Growth - Technavio

NEW YORK, Oct. 6, 2022 /PRNewswire/ -- The bring your own device (BYOD) market will be driven by factors such as the reduced hardware cost for enterprises. BYOD is becoming popular, as employees prefer using their own devices, which makes them more productive and increases the probability of innovation. BYOD offers benefits such as cost savings, as they need not spend significantly on expensive devices. Such factors will contribute to the growth of the global BYOD market during the forecast period.

The global bring your own device (BYOD) market size is expected to grow by USD 69.07 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 15.06% during the forecast period, according to Technavio.

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The adoption of BYOD in SMEs is a trend in the market. Enterprise mobility solutions help SMEs improve customer services and satisfaction, increase their revenues, and reduce the cost of acquiring customers. This trend is leading to a reduction in the use of desktops, with the advent of Internet-enabled wireless gadgets such as smartphones, PDAs, and tablets. SMEs are focusing on 3G/4G wireless routers, and the market is expected to experience constant growth during the forecast period owing to abundant mobility benefits. These factors will boost the growth of the global BYOD market.

Infrastructure constraints and connectivity issues will challenge the growth of the bring your own device (BYOD) market during the forecast period. Several developing countries lack the infrastructure and connectivity for implementing BYOD policies. The low Internet speed and latency as well as poor infrastructure will negatively impact the adoption of enterprise mobile devices. Such factors will challenge the growth of the global BYOD market during the forecast period.

By end-user, the market has been segmented into healthcare, retail, energy and utilities, government, and others. The healthcare segment will be the largest contributor to market growth during the forecast period. Many hospitals and healthcare organizations are shifting to mobile health (mHealth), which requires employees to use their own personal devices. These factors are driving the growth of this segment

By geography, the market has been segmented into North America, APAC, Europe, South America, and the Middle East and Africa. North America will account for 35% of the market's growth during the forecast period. This growth is attributed to factors such as the rise in the adoption of smartphones and tablets. The US and Canada are the key countries for the bring your own device (BYOD) market in North America.

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• 42Gears Mobility Systems Pvt Ltd
• ALE International
• BlackBerry Ltd
• Cisco Systems Inc.
• Citrix Systems Inc.
• HCS Technology Group
• Hewlett Packard Enterprise Co.
• International Business Machines Corp.
• Lookout Inc.
• Miradore Oy
• Mitsogo Inc
• Oracle Corp.
• Samsung Electronics Co. Ltd.
• SAP SE
• Tata Sons Pvt. Ltd.
• Verizon Communications Inc.
• VMware Inc.

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist in the bring your own device (BYOD) market growth during the next five years
• Estimation of the bring your own device (BYOD) market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the bring your own device (BYOD) market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of bringing your own device (BYOD) market vendors

5G IoT Roaming Market by End-user and Geography Forecast and Analysis 2022-2026: The 5G Internet of Things (IoT) Roaming market share is expected to increase by USD 1.58 billion from 2021 to 2026.

Rugged Handheld Devices Market by Type, End-user, Product, and Geography - Forecast and Analysis 2022-2026: The rugged handheld devices market share is expected to increase by USD 1.85 billion from 2021 to 2026.

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1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

• 5.1 Market segments 
• Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
• Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)

• 5.2 Comparison by End-user 
• Exhibit 26: Chart on Comparison by End-user
• Exhibit 27: Data Table on Comparison by End-user

• 5.3 Healthcare - Market size and forecast 2021-2026
• Exhibit 28: Chart on Healthcare - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Healthcare - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Healthcare - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Healthcare - Year-over-year growth 2021-2026 (%)

• 5.4 Retail - Market size and forecast 2021-2026
• Exhibit 32: Chart on Retail - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Retail - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Retail - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Retail - Year-over-year growth 2021-2026 (%)

• 5.5 Energy and utilities - Market size and forecast 2021-2026
• Exhibit 36: Chart on Energy and utilities - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Energy and utilities - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Energy and utilities - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Energy and utilities - Year-over-year growth 2021-2026 (%)

• 5.6 Government - Market size and forecast 2021-2026
• Exhibit 40: Chart on Government - Market size and forecast 2021-2026 ($ million)
• Exhibit 41: Data Table on Government - Market size and forecast 2021-2026 ($ million)
• Exhibit 42: Chart on Government - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on Government - Year-over-year growth 2021-2026 (%)

• 5.7 Others - Market size and forecast 2021-2026
• Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.8 Market opportunity by End-user 
• Exhibit 48: Market opportunity by End-user ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 50: Chart on Market share by geography 2021-2026 (%)
• Exhibit 51: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 52: Chart on Geographic comparison
• Exhibit 53: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 APAC - Market size and forecast 2021-2026
• Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.5 Europe - Market size and forecast 2021-2026
• Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Germany - Market size and forecast 2021-2026
• Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.11 India - Market size and forecast 2021-2026
• Exhibit 86: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 87: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 88: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.12 Canada - Market size and forecast 2021-2026
• Exhibit 90: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 91: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 92: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 93: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 94: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 95: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 96: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 97: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 98: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 99: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 100: Matrix on vendor position and classification

• 10.3 ALE International 
• Exhibit 101: ALE International - Overview
• Exhibit 102: ALE International - Product / Service
• Exhibit 103: ALE International - Key offerings

• 10.4 BlackBerry Ltd 
• Exhibit 104: BlackBerry Ltd - Overview
• Exhibit 105: BlackBerry Ltd - Business segments
• Exhibit 106: BlackBerry Ltd - Key offerings
• Exhibit 107: BlackBerry Ltd - Segment focus

• 10.5 Cisco Systems Inc. 
• Exhibit 108: Cisco Systems Inc. - Overview
• Exhibit 109: Cisco Systems Inc. - Business segments
• Exhibit 110: Cisco Systems Inc. - Key news
• Exhibit 111: Cisco Systems Inc. - Key offerings
• Exhibit 112: Cisco Systems Inc. - Segment focus

• 10.6 Citrix Systems Inc. 
• Exhibit 113: Citrix Systems Inc. - Overview
• Exhibit 114: Citrix Systems Inc. - Product / Service
• Exhibit 115: Citrix Systems Inc. - Key news
• Exhibit 116: Citrix Systems Inc. - Key offerings

• 10.7 Hewlett Packard Enterprise Co. 
• Exhibit 117: Hewlett Packard Enterprise Co. - Overview
• Exhibit 118: Hewlett Packard Enterprise Co. - Business segments
• Exhibit 119: Hewlett Packard Enterprise Co. - Key news
• Exhibit 120: Hewlett Packard Enterprise Co. - Key offerings
• Exhibit 121: Hewlett Packard Enterprise Co. - Segment focus

• 10.8 International Business Machines Corp. 
• Exhibit 122: International Business Machines Corp. - Overview
• Exhibit 123: International Business Machines Corp. - Business segments
• Exhibit 124: International Business Machines Corp. - Key offerings
• Exhibit 125: International Business Machines Corp. - Segment focus

• 10.9 Lookout Inc. 
• Exhibit 126: Lookout Inc. - Overview
• Exhibit 127: Lookout Inc. - Product / Service
• Exhibit 128: Lookout Inc. - Key offerings

• 10.10 Oracle Corp. 
• Exhibit 129: Oracle Corp. - Overview
• Exhibit 130: Oracle Corp. - Business segments
• Exhibit 131: Oracle Corp. - Key news
• Exhibit 132: Oracle Corp. - Key offerings
• Exhibit 133: Oracle Corp. - Segment focus

• 10.11 SAP SE 
• Exhibit 134: SAP SE - Overview
• Exhibit 135: SAP SE - Business segments
• Exhibit 136: SAP SE - Key news
• Exhibit 137: SAP SE - Key offerings
• Exhibit 138: SAP SE - Segment focus

• 10.12 VMware Inc. 
• Exhibit 139: VMware Inc. - Overview
• Exhibit 140: VMware Inc. - Product / Service
• Exhibit 141: VMware Inc. - Key news
• Exhibit 142: VMware Inc. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 143: Inclusions checklist
• Exhibit 144: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 145: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 146: Research methodology
• Exhibit 147: Validation techniques employed for market sizing
• Exhibit 148: Information sources

• 11.5 List of abbreviations 
• Exhibit 149: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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