Mobile device management still the best way to secure BYOD

Mobile device management still the best way to secure BYOD

Mobile device management (MDM) is still the top tool being used to secure bring-your-own-device (BYOD) approaches by businesses around the world, new findings have suggested.

A study by IT research firm TechNavio found that MDM represents over 90 per cent of the mobile security market.

Analysts examined the impact of market drivers, challenges and trends, features data on product segmentations, vendor shares, growth rate by revenue, as well as evaluating the different buying criteria in order of importance.

According to the company's findings, the high demand for MDM is a direct result of the huge number of users deciding to take advantage of the benefits that come with using a mobile device for work purposes.

As this trend shows no sign of slowing down over the course of the new year, it seems that growth in the market is only set to continue further.

A senior analyst from the company said in a statement that the BYOD security market "is still in its nascent stages," adding that there was plenty of opportunity for "pure-play vendors in developing software kits at affordable prices that can change the market acceptance of these products."

The findings come on the back of a previous survey by Information Week, which found that nearly all of the firms it asked harboured concerns relating to mobile security.

Seventy eight per cent say their top mobile security concern is lost or stolen devices, closely followed by users forwarding corporate data to cloud-based storage services (36 per cent).

The concerns are arguably well-founded, as 45 per cent of companies admitted that they had experienced  data loss within the last 12 months, with another 11 per cent having to disclose such a loss publically.

That survey suggested that more organisations implementing BYOD needed to back up steps such as password-protection with robust mobile device and application management programs.

Many companies are unlikely to have seen their security woes solved heading into 2014, meaning that the MDM market is surely set for further growth.