BYOD Security Market Expected To Reach $24.6 Billion by 2020, Report Shows
The global bring-your-own-device security market is expected to reach $24.6 billion by 2020, with a compound annual growth rate of 36.3 percent from 2014, said a new report by Allied Market Research. Smartphones are widely used for business purposes, generating…
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nearly 58 percent of revenue for the global market in 2013, which will continue to increase, the report said. The report also said the mobile application management segment will likely grow at a rapid rate as compared with other segments, which include mobile device management, mobile content management, and mobile identity management.