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  • 20 March 2019 23:08

Increasing Use of Internet is the Key a Factor Driving Growth of the Global Bring Your Own App (BYOA) Market

Global Bring Your Own App (BYOA) Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

Bring Your Own App (BYOA) is current market trend towards the use of third party applications and cloud services in the workplace by employees. It is an outgrowth of bring your own device (BYOD) workplace trend where employees bring their own mobile devices such as smartphone or tablet to do their work. Popular consumer applications that are used for business includes Dropbox, CloudOn, and Google Docs. Use of these applications improves productivity, as these applications are most proficient and comfortable for use.

Increasing use of tablet, smartphones, and internet enabled devices are key a factors driving growth of the global Bring Your Own App (BYOA) Market. In addition, increasing adoption of Internet of Things (IoT), development in mobile applications, low cost associated applications, and improvement in network bandwidth such as introduction of 5G service are other major factors expected to boost growth of the global bring your own app (BYOA) market over the forecast period.

The Bring Your Own App (BYOA) Market is segmented on the Basis of device, End User and regions. On the basis of device, the global market is segmented into Smartphone, Tablet, Laptop. The Smartphone segment accounts for highest revenue share and is expected to witness significant growth during the forecast period.

On the basis of End User, the global market is segmented into Small & midsized business (SMBs), Large sized business. The Small & midsized business (SMBs) segment is expected to account for highest market share in the global market and expected to witness highest growth in terms of revenue during the forecast period.

On the basis of region, the global market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The market in Asia Pacific accounts for highest share in terms of revenue in the global market. The Asia Pacific market is expected to witness highest growth in terms of revenue over the forecast period.

Key players in the global market include Hewlett Packard Enterprise Company, Google Inc., Cisco Systems, Inc., Microsoft Corporation, Avaya, Inc., Alcatel-Lucent, International Business Machines Corporation, MobileIron, Inc., Driven Inc., Citrix Systems, Inc.

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