BYOD Security Market Size

BYOD Security Market size was USD 9 billion in 2024 and is estimated to reach USD 333.2 billion by the end of 2037, expanding at a CAGR of 32.1% during the forecast period, i.e., 2025-2037. In 2025, the industry size of BYOD security is evaluated at USD 11.8 billion.

Bring Your Own Device (BYOD) security solutions are emerging as game changers in the corporate world. These solutions are aiding companies to secure their data even if accessed on employee's personal devices. The majority of companies are employing BYOD policies leading to high sales of security solutions. For instance, according to a survey by JumpCloud, a leading device management solution provider estimated that over 80% of companies worldwide are employing BYOD strategies. Around 68% of companies observed enhanced productivity in employees through BYOD policies. Also, the survey determined that 42% of IT leaders believe smartphones accelerate the speed of innovations.

In December 2022, the National Institute of Standards and Technology revealed that over 95% of companies allow the use of personal devices for work, globally. Also, 86% of IT heads anticipate that mobile attacks are increasing frequently. These statistics underscore that the increasing use of self-owned devices for work and the risk of cyber threats are collectively fueling the adoption rates of BYOD security solutions. Thus, the consistency in the adoption of BYOD policies is set to double the BYOD security market revenue shares of key players in the coming years.