Enterprise mobility market to grow at CAGR of 13.8%
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Enterprise mobility market to grow at CAGR of 13.8%

Research and Markets (www.researchandmarkets.com) says the enterprise mobility market in the Americas will grow at a CAGR [compound annual growth rate] of 13.8% through 2016.

One of the key factors contributing to this market growth is the need for real-time decision making, according to the research group. The enterprise mobility market in the Americas has also been witnessing an increased adoption of bring your own device policy. However, the growing concern for data security could pose a challenge to the growth of this market. The key vendors dominating this market space include Apple, Google, Microsoft and Research in Motion, says Research and Markets.

Commenting on the report, an analyst from the Telecom team said: "As a result of the growing adoption of enterprise mobility services, organizations are changing their device procurement processes. Earlier, companies had very strict procurement policies for mobile devices to ensure data security and the integration of these devices with the existing IT infrastructure.

"However, enterprises are currently following BYOD policies, which allow employees to use their own mobile devices for personal and professional purposes. As BYOD policies reduce the enterprise's spending on communication devices, the overall cost to the enterprise reduces. This increasing adoption of bring your own device policies exerts a positive impact on the growth of the Enterprise Mobility market in the Americas."

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