Mobile device management market to reach £113.77 billion by 2017

Mobile device management market to reach £113.77 billion by 2017

The market for mobile device management products is expected reach a value of £113.77 billion by the year 2017, a new report has suggested.

In Bring-your-own-device Market – Global Advancements, Business Models, Market Forecasts & Analysis, researchers found that the concept is managing to gain a significant amount of attention within various technology circles, raising the market's value from the £42.1 billion recorded in 2011.

North America boasted a 36 per cent share of that figure, accounting for £15.2 billion. That number is expected to increase to £36.71 billion by 2017.

It claims that one of the main explanations is due to the fact that an increasing number of businesses are becoming more mobile and therefore place a greater amount of importance to being in touch with their mobile workforce at any time and in any place.

Many firms are getting almost instant returns in terms of visibility, time management, cost saving, and positive work environment.

It comes as many workers have decided to use their own devices within the workplace, with items such as smartphones, tablets and laptops being particularly popular.

Because the bring-your-own-device (BYOD) trend has managed to deeply affect enterprise IT systems, it is has changed the way in which both users and organisations approach security concerns within their network.

This has led to the rise of many security vendors to help companies provide an environment where workers can easily connect their devices to the network of their employers, while also eliminating the worry of  any security related issues.

Gains in the market could be as noticeable by the end of this year, with the number of mobile devices, particularly smartphones, being used within the workplace set to reach a global figure of 350 million.

As much as 57 per cent of full-time workers are already using such devices for work-related tasks, half of which are involved in BYOD activity that is not monitored or managed.

Bearing in mind the security risks associated with not having a BYOD strategy in place, it seems clear that there is plenty of room for the mobile device management market to expand.