BYOD To Be Worth $284.70 Billion by 2019

A new report that was released from Juniper Research forecasts that the number of employee owned smartphones and tablets used in the enterprise will exceed 1 billion by 2018. This is due to BYOD (Bring Your Own Device) trends redefining business connectivity with mobile consumer adoption. According to the report, 35% of the total installed base of consumer owned tablets and smartphones account for this prediction. Another key finding by Markets and Markets highlights Bring Your Own Device (BYOD) & Enterprise Mobility Market to be worth $284.70 Billion by 2019. Organizations still face challenges in adoting server resrouces and IT infrastructure.

BYOD / Google

Innovation is critical and adapting to meet users expectations. An organization that is embracing BYOD should have innovative capabilities in place. Culture that cultivates ideas, investing time, the right resources and funds to support the BYOD process. The right program implemented has to be taken in consideration of the users. If there are telecommute users working remotely, BYOD should be able to offer cost reduction for the organization. There were also a number of issues reported connected to BYOD strategies.

The Juniper Research report states, Mobile Security: BYOD, mCommerce, Consumer & Enterprise through 2018, found that BYOD has the potential to benefit organizations in terms of enhanced employee satisfaction and productivity. Juniper predicts that these threats are which had been due to unprotected employee mobile devices is of significant importance. Markets andMarkets identifies cloud adoption and mobility in the workforce as some of the trends driving the market.

In the consumer segment, Juniper forecasts a steady growth in revenue for security software, approaching 40% of the global mobile security sales revenue by the end of 2018. It indicates that this will be driven primarily by increased consumer awareness of available security solutions and – critically – of the risks posed by fraud and malware to data stored on and accessible via their smartphones and tablets. According to Markets and Markets, Major vendors in the BYOD & Enterprise mobility market are Alcatel-Lucent, Avaya, Air Watch, Aruba Networks, Cisco Systems, IBM, iPass Inc., Hewlett-Packard, Good Technology Inc., and Meru Networks among various others.