Juniper Research Forecasts BYOD Initiatives Will Add a Billion Devices by 2018
December 02, 2013
By Frank Griffin
, TMCnet Contributing Writer
If there is one device that will be completely integrated into every aspect of our lives it is smart mobile devices. The increasing processing power of smart phones and tablets along with cloud computing technology allows them to be used for virtually any application in any environment. As the ownership rate of smart phones and tablets continues to increase, employers are taking advantage of this opportunity by integrating these devices in the organization with bring-your-own-device (BYOD) policies. A recent report by Juniper Research (News - Alert) titled, " Mobile Security: BYOD, mCommerce, Consumer & Enterprise 2013-2018" says the number of employee-owned smartphones and tablets used in enterprise settings will surpass the one billion mark by 2018.
The report further elaborates on the BYOD effect on the organization and the employees. While the integration of the personal devices encourages more participation with improved productivity and satisfaction, the danger from compromised employee-owned mobile devices is of great concern.
Security will be a big issue representing a large segment of the market for the regions covered by the report. More than half of the mobile devices in the US will have security apps by the end of 2018, while the Western European market will be the largest region for mobile security vendors.
On the consumer side the global sales revenue for security software will represent 40 percent of the market by the end of the same forecast period, which is primarily driven by increased awareness of available products and the threat of cyber-attacks.
The enterprise segment, however, leads the way in the areas of security with BYOD and mobile device management. Even though many organizations are very eager to implement BYOD initiatives, 69 percent of IT executives are very concerned regarding the security threat, according to a report conducted by Forrester (News - Alert) Consulting on behalf of Lookout Security. The same survey also found 60 percent have had their device lost or stolen in the past year, which only increases their hesitation in implementing BYOD policies.
Three quarters of the IT administrators in the survey also agree BYOD has made the workplace more challenging because of the security concerns, while 72 percent said there is a clear gap between the available security solutions and the threats they face.
The report provides a comprehensive look detailed with 75 Tables; 10 What-if-analyses; and nearly 7,000 Data Points covering:
- Evolution of Mobile Malware and Insights
- What are the Risks?
- BYOD: Trends, Risks and Impact
- mCommerce Security Landscape
- Business Opportunity & Forecast Summary
- The Enterprise Market
- The Consumer Market
- Vendor Profiles
- Types of Mobile Threats
The eight key regions covered in the report are North America, Latin America, Western Europe, Central & Eastern Europe, Far East & China, Indian Subcontinent, Rest of Asia Pacific and Africa & the Middle East.