Global Mobile Security Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027
MarketResearch.biz delivers in-depth insights on the global mobile security market in its upcoming report titled, “Global Mobile Security Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global mobile security market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global mobile security market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global mobile security market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global mobile security market report has been segmented on the basis of application, industry vertical, and region.
Mobile devices such as smartphones, tablets, and laptops have become an integral part of consumers and organizations. Mobile security enables protection from virus threats, cyber-attacks, and vulnerabilities associated with wireless computing to these devices and network they are connected too. Securing mobile devices have become important owing to increasing operations and communication via these devices and for information security.
Major factor driving growth of the global mobile security market is surge in demand for smartphones, tablets and laptops. In addition, increasing penetration of high speed internet and Internet of Things (IoT) is further driving growth of the global mobile security market. Furthermore, increasing adoption of bring your own device (BYOD) policies in various organizations and enterprises and increasing internet connectivity of such devices for communication and data transfer purpose has made them prone to cyber-attacks and data thefts, hence need for information security is further boosting demand for mobile security globally.
Moreover, increasing mobile application in banking, financial services and insurance, healthcare, and telecommunication sector are further expected to drive growth of the global market. Increasing dependency of consumers on technology, and adoption of various mobile-based applications by enterprises such as supply chain analytics, digital assets management etc. are demanding more security solutions for protection of personal and corporate data. However, primary factor hampering growth of the global mobile security market is high cost of mobile security solutions.
Multi-factor authentication such as biometric verification and two step-verification for authentic payment transaction on mobile devices is current trend observed in the global mobile security market.
North America market dominates the global mobile security market as it is expected to hold highest share in terms of revenue contribution during the forecast period. Presence of large number of mobile security solution vendors, and increasing adoption of technology are factors contributing to growth of the global mobile security market in countries in this region. Europe market hold second position followed by Asia Pacific. Asia Pacific is expected to show significant growth and register a CAGR of X.X% during the forecast period. This growth is attributed to increasing IT infrastructures, adoption of BYOD policies, and growing awareness among enterprises towards securing information data.
Global Mobile Security Market segmentation:
Global mobile security market segmentation by application:
- e-mail spam blocking
- Malware removal
Global mobile security market segmentation by industry vertical:
- Banking, financial services, and insurance (BFSI)
- IT and telecommunication
- Energy and utilities
- Travel and hospitality
- Aerospace and defense
Global mobile security market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Estimated Year 2020 Actual Year 2021 Forecast Period 2021–2030 Revenue in US$
- Kaspersky Lab
- Symantec Corporation
- Microsoft Corporation
- AVG Technologies
- Sophos Ltd.
- Trend Micro
- InnoPath Software
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