Albany, NY -- (SBWIRE) -- 06/30/2016 -- The BYOD policy allows employees to use their personal devices to gain access to corporate networks. It helps organizations to enhance operational efficiency and business productivity. Organizations also save on the cost of equipment by allowing employees to use their own mobile devices.

BYOD allows employees to access corporate data and resources without any location or time constraints. It provides users access to e-mails and other shared drives outside the organization. The introduction of mobile devices in workplaces has changed the way users access and consume enterprise resources. The increase in urban population, rise in disposable income, growing penetration of low-cost tablets, and increase in awareness of electronic gadgets are factors that drive the demand for mobile devices and applications, which supports the BYOD security market.

The global BYOD security market to grow at a CAGR of 24.97% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global BYOD security market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of BYOD security solutions used in smartphones, tablets, and laptops. To calculate the market size, the report takes into consideration the revenue generated from the sales of the following BYOD security solutions:

- Mobile content management (MCM)
- Mobile device management (MDM)
- Mobile application management (MAM)

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The market is divided into the following segments based on geography:

- APAC
- Europe
- MEA
- North America
- South America

Technavio's report, Global Bring Your Own Device (BYOD) Security Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

- Citrix
- Good Technology
- IBM
- MobileIron
- VMWare

Other prominent vendors

- Apperian
- Bluebox
- Cisco Systems
- Kaspersky
- McAfee
- MOCANA

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Key questions answered in this report:

- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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