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BYOD And Enterprise Mobility Market is Anticipated To Reach at USD 157 Billion 2030 – Report by Market Research Future (MRFR)

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New York, US, April 05, 2023 (GLOBE NEWSWIRE) — According to a comprehensive research report by Market Research Future (MRFR), “BYOD And Enterprise Mobility Market Research Report: By Software, By Security, By Service, By Deployment, By End-User, By Region – Global Industry Forecast till 2030, the market is anticipated to acquire a valuation of approximately USD 157 Billion by the end of 2030. The reports further predict the market to flourish at a robust CAGR of over 15.25% during the assessment timeframe.

BYOD And Enterprise Mobility Industry Key Players

Eminent industry players profiled in the BYOD & enterprise mobility market report include The prominent players in the BYOD And Enterprise Mobility market are

  • Microsoft Corporation (US)
  • Cisco Systems, Inc (US)
  • Blackberry Limited (Canada)
  • Infosys Limited (India)
  • IBM Corporation (US)
  • Tata Consultancy Services Limited (India)
  • SAP SE (Germany),
  • Tech Mahindra Limited (India)
  • AT&T (US)
  • Honeywell International (US)
  • Capgemini (Germany)
  • Oracle Corporation (US)
  • Accenture (US)
  • HCL Technologies (India)

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BYOD And Enterprise Mobility Market Report Scope:

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Report Metric Details
Revenue Forecast in 2030 USD 157 Billion
Growth Rate CAGR of 15.25%from 2022 to 2030
Base Year 2021
Study Period 2022-2030
Key Market Drivers Increasing employment rate as well as the rapid rate of industrialization are driving the global BYOD And Enterprise Mobility market.

Drivers 
Booming Cloud-Computing Environment to Boost Market Growth 
Enterprise cloud computing environments are quickly growing, which is fueling the BYOD & enterprise mobility industry boom. Cloud-based mobility solutions offer an organization an unmatched data accessible platform that takes advantage of advanced computing capabilities, increasing productivity. Additionally, cloud services offer immediate access to a variety of tools and software capabilities that raise labor productivity as a whole. Moreover, organizational mobility and cloud BYOD’s superior privacy features outweigh workers’ safety worries, ensuring productivity without jeopardizing corporate data protection. The industry for BYOD & enterprise mobility is being stimulated by this cause.

Browse In-depth Market Research Report (100 Pages) on BYOD And Enterprise Mobility Market:
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Opportunities
Multiple Advantages provided by BYOD Programs to offer Robust Opportunities 
The multiple advantages provided by BYOD programs such as improved employee satisfaction, better employee productivity, decreased cost, decreased maintenance responsibility of organizations, and facilitation of remote work will offer robust opportunities for the market over the forecast period.

Restraints and Challenges 
High Cost to act as Market Challenge 
The high cost of BYOD & enterprise mobility solutions, concerns about security risks, government & compliance issues, complexities in upgradation, shortage of system integrators, and difficulty to choose the finest enterprise mobility & BYOD solution may act as market challenges over the forecast period.

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BYOD And Enterprise Mobility Market Segmentation 
The BYOD & enterprise mobility market is bifurcated based on end users, deployment, service, security, and software.

By software, device management will have the lions share in this market in the forecast period.

By security, device security will spearhead the market over the forecast period.

By service, the market is bifurcated into professional and managed services.

By deployment, cloud will domineer the market over the forecast period.

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By end users, IT and Telecom will lead the market over the forecast period.

COVID-19 Analysis 
Enterprise mobility services were crucial to the Covid-19 epidemic. Digital platforms, mobile devices, and collaborative technology all have an impact on the epidemic. Companies and organizations who utilized corporate mobility to its fullest before COVID-19 and trained their workers on how to do so are more able to adjust to remote working scenarios than others. It also increased platform scalability and speed. Scalability is the capability of an application to handle a growing amount of work via adding up resources to the structure. Moreover, application flexibility refers to the capacity of a foundation to serve an increasing number of patrons and clients. Also, the market expanded significantly during the epidemic and is predicted to continue to expand after the outbreak.

Regional Analysis 
North America to Command BYOD & Enterprise Mobility Market Growth 
Due to the presence of major solution providers like IBM Corporation, Google, Cisco, Honeywell, and Oracle, the growing use of smartphones for business purposes, the speed with which SMEs are adopting enterprise mobility solutions, and the accessibility of enterprise mobility technologies in the region, North America dominates the BYOD and enterprise mobility market. During the course of the projected period, the North American market is anticipated to rise steadily. The quick speed of technical advancements and the early uptake of software-defined solutions are to blame for this. The adoption of cloud-based solutions and employees desire to conduct business while using smartphones and tablets are fuelling market growth.

APAC to Have Admirable Growth in BYOD & Enterprise Mobility Market 
The main revenue share in 2021 was accounted for by the Asia Pacific market. This is a result of the region’s growing use of smartphones and the internet. The use of technologically cutting-edge solutions like Artificial Intelligence (AI), big data, etc., combined with the use of cloud infrastructure in various Asia Pacific countries are further boosting the need for BYOD & enterprise mobility solutions and services in this area. The Asia Pacific BYOD & enterprise mobility market is also anticipated to grow in the future years as a result of increased IT investments across a range of industries and various government programs, including smart cities, digitalization, and smart nations. The highest portion of sales was made in the Asia-Pacific region in 2021. This is brought on by the region’s growing internet and smartphone use. Furthermore, the region’s growing reliance on technologically cutting-edge technologies like artificial intelligence (AI), big data, and the adoption of cloud infrastructure is driving up demand for his BYOD and business mobility products and services.

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Due to the presence of several local and foreign industry players, the BYOD & enterprise mobility industry is fragmented and highly competitive. They have used a variety of methods, including partnerships, geographic expansions, contracts, new product releases, joint ventures, and more, to stay on top of the game and to meet the escalating needs of the clients. To improve their portfolios and establish a foothold in the market, major businesses are also investing heavily in research & development projects.

Related Reports:

E-Wallet Market By Application, By Type, By Mode – Forecast 2030.

IPaaS Market By Service Type, By Deployment, By Verticals, By Region – Market Forecast Till 2030.

Data Catalog Market By Component, By Deployment, By Application, By End-users, By Region – Market Forecast Till 2030.

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About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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North American grocery retailer digitizes stores with Pricer Plaza in 90 MSEK order

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STOCKHOLM, June 28, 2024 /PRNewswire/ — Pricer’s partner JRTech Solutions has signed an agreement with a large Tier 1 North American grocery retailer for the cloud-based platform Pricer Plaza, which allows for in-store automation and communication, within an initial 50 of their stores.

The value of the contract is approximately 90 MSEK. The rollout of Pricer Plaza and electronic shelf labels within the initial 50 stores is expected to be completed by the end of 2024. This installation by one of the largest grocery chains in North America with over 1500 grocery and pharmacy stores, is the first large-scale full-store deployment of four-color labels in North America.
“After one year of thorough testing with a pilot installation, we are thrilled by the trust from this leading retailer. It underscores our commitment to transforming the retail experience through cutting-edge technology, enhancing both operational efficiency and customer satisfaction. We look forward to supporting them with our in-store solutions in their digital transformation journey,” says Mats Arnehall, Chief Commercial Officer at Pricer.
“JRTech Solutions has worked extensively with our client over the last year to prove the value, capability and scalability of both our Pricer technology and our suite of deployment solutions. Doing so not only involved digitally transforming our client’s promotional business rules through the use of our latest SmartTAG four-color labels but providing the capability of utilizing our labels in a way that will allow for both ongoing and future operational efficiencies,” says Diego Mazzone, President & CEO at JRTech Solutions.
The order value of approximately 90 MSEK does not include Pricer Plaza and technical support, and will be included in Pricer’s order intake for the second quarter of 2024.
For further information, please contact:Mats Arnehall, Chief Commercial Officer, +46 70-8108084Magnus Larsson, President and CEO, +46 704 [email protected]
This information constitutes inside information that Pricer AB is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information was sent for publication, through the agency of the contact persons set out above, at the time stated by the Company’s news distributor, Cision, at the publication of this press release.
Every care has been taken in the translation of this document. In the event of discrepancies, the Swedish original will supersede the English translation.
About Pricer
Pricer is a leading global technology company serving the rapidly growing smart retail market with in-store digital solutions that enhance both store performance and the shopping experience. Through electronic shelf labels, advanced technology, such as optical wireless communication and AI, and continuous innovation, Pricer offers the foundation for in-store communication and efficiency. The industry leading Pricer platform delivers benefits from 30 years of deployment experience and is fast, robust, interconnectable and scalable. Pricer was founded in Sweden in 1991 and is listed on Nasdaq Stockholm. For further information, please visit www.pricer.com.
About JRTech Solutions Inc.
JRTech Solutions Inc. is a privately held corporation headquartered in Montreal, Québec. JRTech Solutions Inc. is the leading Canadian Electronic Shelf Label (ESL) provider and the largest distributor of Pricer Electronic Shelf Labels in North America, involved in over 1,300 store installations since 2008. For further information, visit http://www.jrtechsolutions.com.
This information was brought to you by Cision http://news.cision.com.
https://news.cision.com/pricer/r/north-american-grocery-retailer-digitizes-stores-with-pricer-plaza-in-90-msek-order,c4008573
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2024-06-28_Pricer_North American Grocery_ENG
 

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Dahua Technology leads the front lines of ESG

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MAIDENHEAD, England, June 28, 2024 /PRNewswire/ — Dahua Technology, a world leader in video surveillance, has released its 2023 ESG report, showcasing its leadership and commitment to building a green, environment-friendly and safe intelligent world.

Last year, the company, a global video-centric AIoT solution and service provider, made substantial strides by focusing on maximising economic, climate-conscious and social values.
At the forefront of corporate social responsibility, Dahua actively engaged in a fundraising event for UK charity Breast Cancer Now, raising awareness and funds to help those affected by the illness. In addition, the company successfully joined the United Nations Global Compact demonstrating its ongoing dedication to responsible business action in support of broader societal goals.
Adopting a green development strategy, Dahua also implemented an extensive environmental management system, contributing to waste reduction and environmental preservation by enhancing energy efficiency and resource utilisation. In 2023 alone, this included recycling 1,663 tonnes of production materials, ensuring 100% lawful disposal of hazardous waste and achieving an overall recovery rate of 80% for WEEE products.
Championing ESG best practices, Dahua has a well-established governance framework that adheres to compliance operations and business ethics thanks to its Integrity Compliance Committee. Thanks to this body, it continuously improves privacy protection systems, actively carries out external audits and conducts emergency drills and training to ensure the highest level of security for its end users.
Alvin Qian, General Manager UK & Ireland, commented recognising the company’s ESG accomplishments: “In 2023 we witnessed Dahua’s steadfast dedication to social responsibility while seamlessly integrating digital intelligence into our sustainable initiatives and practices. I am proud of our achievements and confident about the progress we have made as we strive to meet our ambitious ESG goals. Looking ahead, we remain committed to driving further advancements in line with our company’s sustainable vision.”
With its mission of enabling a safer society and smarter living, Dahua vows to continue creating value beyond safety through technology, contributing to the world’s harmonious coexistence with nature.
Dahua Technology is a world leader in video surveillance manufacturing, creating advanced electronic security solutions for transportation, education, city surveillance, retail and commercial markets worldwide. Dahua Technology UK & Ireland works with distribution partners to serve an ever-growing network of system integrators and installers, offering complete system solutions that encompass cameras, control equipment, recording, video walls, software, accessories and more.
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Subex Recognized in the 2024 Gartner® Magic Quadrant™ for AI in CSP Customer and Business Operations Report

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BENGALURU, India, June 28, 2024 /PRNewswire/ — Subex, a leading global provider of AI-powered solutions for the telecommunications industry, today, announced its inclusion in the 2024 Gartner Magic Quadrant for AI in CSP Customer and Business Operations report. Subex believes that this recognition marks a significant milestone for the company, highlighting its commitment to delivering innovative AI solutions that empower Communication Service Providers (CSPs) to thrive in the digital age.

According to Gartner, “This Magic Quadrant helps communications service providers identify and evaluate AI vendors for their customer and business operations. It will guide CSP CIOs and technology leaders toward the right AI vendor choices, in a rapidly evolving market.” 
According to Subex, their inclusion in the Magic Quadrant underscores its position as a key player in the AI landscape for CSPs. For many years, Subex has been at the forefront of AI innovation in the telecommunications industry, providing cutting-edge solutions that address complex challenges, such as fraud detection, customer churn prediction, network optimization, and revenue assurance. Leveraging machine learning and automation, Subex empowers CSPs to make data-driven decisions, streamline operations, and achieve significant improvements in overall business performance.
“We are thrilled to be recognized in the Gartner Magic Quadrant for AI in CSP Customer and Business Operations Report,” said Nisha Dutt, CEO of Subex. “We think that being recognized as one of the key players validates our relentless focus on developing AI-driven solutions that address the unique challenges and opportunities faced by CSPs, globally. This is a significant milestone in Subex’s journey, and we are committed to further solidifying our market position through continuous innovation and delivering exceptional value to our CSP customers.”
Subex’s team of experts is dedicated to pushing the boundaries of AI innovation within the CSP domain. By continuously developing new solutions and enhancing existing ones, Subex ensures that CSPs have access to the most advanced AI tools and technologies, to navigate the evolving landscape and achieve sustainable growth.
For more information about Subex and its AI-driven solutions for CSPs, visit www.subex.com.
Gartner, Magic Quadrant for AI in CSP Customer and Business Operations, By Pulkit Pandey, Amresh Nandan, Peter Liu, 4 June 2024
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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