BYOD already has one foot firmly entrenched in the corporate sector; enterprise mobility is gaining momentum and the need for enhanced mobile communication security is becoming more urgent. It comes as no surprise, then, that analysts at ResearchandMarkets have forecast that the Global BYOD Security market is set to grow at a CAGR of 31.95 percent over the next four years.
The report, which traces the growth of this market across the Americas, the EMEA and APAC regions, also discusses the major drivers that trigger this market.
With an increasing number of employees preferring to use their personal devices to handle data at workplaces, employers have begun implementing a BYOD policy. With workforces becoming more mobile, enterprise mobility has grown in stature and helps organizations exchange data and information without any time and location constraints.
And as data gets bigger and bigger, effective implementation of BYOD security solutions become even more imperative as they help protect and control data and configuration across mobile devices in an organizational network.
Further, cyber attacks are becoming more complex and companies have to address compliance and regulatory issues, giving an impetus to the growth of the BYOD security market.
Thus the report noted that while the growth of this market will enable organizations to effectively optimize their security and minimize data loss, once mobile devices are deployed in an organization, keeping track and protecting deployed assets could be a gigantic task.
This necessarily reflects on the efficacy of the BYOD security setup, which could very well dampen this market.
But it’s not as if there is no way out. Technologies that support this growing need for security need to be in place, integration methods need to be modified, and security data analysts need to play a bigger role. In short, mobile device management needs to be revamped to tackle the challenges that BYOD brings in its wake. Then there’s just no stopping the growth of the BYOD security market.
Edited by Rory J. Thompson