The Bring Your Own Device (BYOD) approach is becoming more and more popular all over the world. It involves employees using employee-owned devices in the workplace.
The main goals of the BYOD method include increasing productivity (as employees are working with familiar BYOD devices) and cutting company expenses. The key challenges are security and employee dissatisfaction with the lack of privacy related to security measures.
Let's look at the latest BYOD trends to take you into the new year.
1. Impressive Market Growth
By 2022, the BYOD market is expected to be worth $366.95 billion. That's an impressive figure compared to a little over $186 billion in 2019 and less than $95 billion in 2014.
A growing number of small and medium-sized businesses are adopting the BYOD approach to cut initial infrastructural expenses that tend to limit their early growth. As companies grow and develop, they tend to keep the policy in place due to its high convenience for both the budget and employees.
In 2020, the market will continue to grow. According to AccessData/CCBJ survey, almost 70% of organizations allow employees to use personal devices for work, and their number is increasing.
2. Addressing Security Issues
When it comes to BYOD, security is the top concern. Some companies consider abandoning the approach due to security issues, such as data leaks, malware problems, and vulnerability exposure due to poor device management.
In 2020, cybersecurity specialists will be under serious pressure to come up with new preventive measures. Considering market forecasts, BYOD isn't going anywhere in the nearest future. Since cyber risks continue growing, 2020 is likely to bring improvements in BYOD policy implementation.
Besides coming up with new security measures, companies will focus on raising awareness among employees.
3. BYOE in BYOD Policy
Wearables are becoming an integral part of many peoples' lives. They are a form of human augmentation that companies address every day. Hundreds of wearable devices connecting to an enterprise's network increase the security risks.
In 2020, companies that favor the BYOD approach will have to pay special attention to the new security threat. That's why according to Gartner, next year, 30% of IT organizations will include BYOE (Bring Your Own Enhancement) in their BYOD policies to improve security measures.
It can be viewed as a huge step to acknowledging the necessity of human augmentation at the workplace.
4. New Device Marketing Tricks
The increased popularity of BYOD created brand new promotional opportunities for device manufacturers. In 2020, we are going to see more and more devices marketed "perfect for BYOD."
Companies are coming up with tablets, laptops, and smartphones that are "most suitable" for BYOD use and compliant with BYOD policies. Consumers are likely to dish out more money for a "BYOD-safe" or "BYOD-perfect" device than they would for a standard tablet or laptop.
5. Implementation of Biometrics
Fingerprint and retina scanning, as well as facial recognition, are becoming available on the majority of mobile devices. In 2020, they are likely to turn into an integral security measure for the BYOD approach.
Biometric scanners will be used widely to verify an employee's identity to grant access to corporate data via a BYOD device. According to Duo's 2019 report that studied half a billion users, 77% of mobile devices used to access business applications have biometrics configured.
As zero-trust security policies are becoming a necessity for companies favoring BYOD, strict biometrics identification is required to use apps that access the network.
As the BYOD market is growing, companies are trying hard to adjust to the security threats while enjoying new cost-cutting and employee satisfaction opportunities. In 2020, they will focus on tweaking BYOD policies to meet new cybersecurity challenges.
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