Security News > 2022 > March > BYOD and enterprise mobility market to reach $157.3 billion by 2026

Amid the COVID-19 crisis, the global market for BYOD and enterprise mobility estimated at $84.4 billion in the year 2022, is projected to reach a revised size of $157.3 billion by 2026, growing at a CAGR of 16.7% over the analysis period, according to Global Industry Analysts.

The BYOD and enterprise mobility market in the U.S. and China.

The BYOD and enterprise mobility market in the U.S. is estimated at $26.1 billion in the year 2022.

Within Europe, Germany is forecast to grow at approximately 14.2% CAGR. In the US, Japan, and Europe, adoption of mobility solutions is widely popular across several end-use markets, including banking, finance & insurance entities, B2C companies, healthcare providers, retail chains, logistics & distribution companies, and manufacturing units, which makes enterprise mobility an established and well accepted enterprise communications technology.

Characterized by strong mobile application deployments, growing number of mobile workforce, and relatively lower penetration of enterprise mobility solutions, Asia-Pacific represents a strong market for mobile enterprise infrastructure software and services.

The numerous benefits of workplace mobility such as enhanced employee satisfaction, improved communications between organizations within a company, schedule flexibilities and increased productivity are factors driving companies to adopt enterprise mobility.

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