Rising Adoption of SMACT Technologies to Fuel Growth in North America BYOD and Enterprise Mobility Market

Emerging data telecommuting, evolving enterprise mobility and increasing penetration of mobile devices and smart technology to drive North America BYOD & enterprise mobility market through 2023

According to TechSci Research report, “North America BYOD & Enterprise Mobility Market By Component, By Deployment Mode, By End User Sector, By Country, Competition Forecast & Opportunities, 2013 – 2023”, North America BYOD & enterprise mobility market is projected to cross $ 33 billion by 2023 on account of increasing smartphone and internet penetration, growth in data telecommuting and workforce mobility, coupled with rapidly increasing adoption of SMACT (Social, Mobile, Analytics, Cloud and IoT) technologies across retail, BFSI, manufacturing and healthcare sectors. Moreover, with growing penetration of mobile devices and smart technology, ongoing digital revolution, evolving business infrastructure and burgeoning security vulnerabilities, deployment of BYOD & enterprise mobility solutions and services is anticipated to surge across North America over the course of next five years.

On the basis of components, North America BYOD & enterprise mobility market is broadly categorized into three segments, namely, Software, Security Solutions, and Services. Of all these segments, Software segment dominated the market in 2017 and is anticipated to dominate in the coming years as well. However, security solutions segment is likely to grow at the fastest CAGR during the forecast period, owing to rising numbers of malware attacks and network access breaches, especially in the US. In 2017, retail industry held the largest value share in North America BYOD & enterprise mobility market. Although, the share of retail sector is expected to decline during the forecast, the sector would continue to dominate the region’s BYOD & enterprise mobility market. Manufacturing sector is anticipated to witness the fastest growth during the forecast period, majorly due to the increasing focus on digitization and with rising prevalence of Industrie 4.0 (IIoT) and Digital Twin technology.

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Among countries, United States accounted for the largest revenue share, on the back of rising penetration of internet as well as a huge smartphones & tablets user base, growing tech-savvy population and prevalence of a highly digitalized governance model across the country. “With rapid commercialization and digitalization, the demand for BYOD & enterprise mobility solutions and services is increasing across North America. Moreover, rising adoption of enterprise mobility across various sectors, especially the region’s manufacturing sector, is expected to continue fueling BYOD & enterprise mobility market in North American region. Additionally, increasing focus on mobile application development along with emergence of unified digital workspace would steer growth in the market over the coming year.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“North America BYOD & Enterprise Mobility Market By Component, By Deployment Mode, By End User Sector, By Country, Competition Forecast & Opportunities, 2013 – 2023” has evaluated the future growth potential of North America BYOD & enterprise mobility market and provides statistics and information on market size, structure and future market growth. The report offers decision makers superior market intelligence, thereby enabling them conduct thorough investment appraisal. Besides, the report also analyzes the evolving market inclinations along with indispensable drivers, challenges and opportunities in North America BYOD & enterprise mobility market.

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