Mobile Security Market is estimated to grow with a CAGR of 11.50% during the forecast period
Mobile Security Market size was valued at USD
3.54 billion in 2020 and is expected to grow to USD 10.53 billion in 2030 at a
compound annual growth rate (CAGR) of 11.5%. The primary goal of mobile
security is to safeguard the confidentiality of data stored on mobile phones
while also enhancing the device's integrity. Furthermore, there are various
advantages to using a mobile security application, such as protecting data from
malware and cyber-attacks and allowing access to data from a remote place.
Furthermore, the expansion of the mobile security market is being driven by an
increase in online mobile payment and an increase in security needs as a result
of the implementation of BOYD in workplaces.
The report " Global Mobile Security
Market, By Applications (E-mail spam blocking, Anti-virus, and Malware
removal), By End User (Individual Users, Financial Institutions, Retail,
Government, Telecom and IT, Education, Manufacturing and Automotive, Aerospace,
Defense and Intelligence and Others) and By Region (North America, Europe, Asia
Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and
Forecast till 2030’’
Key Highlights:
·
The
corporation announced a fiscal-year growth record in February 2020. The
company's expansion was fueled by a surge in enterprise customers who needed
its mobile endpoint security, App Defense, and Phishing solutions.
·
BlackBerry
Limited purchased Cylance (California), a cybersecurity and artificial
intelligence firm, in February 2019. BlackBerry will be able to employ
Cylance's technology and deliver security solutions to their clients as a
result of this acquisition.
Analyst View:
The rise in demand for smartphones, tablets, and
laptops that contain personal and secret information is a major driver driving
the worldwide mobile security market's growth. Furthermore, the global market
is being propelled forward by the increasing adoption of high-speed internet
and the Internet of Things (IoT). Furthermore, as the popularity of
bring-your-own-device (BYOD) rules in various companies and corporations grows,
so does the internet connectivity of such devices, making them vulnerable to
cyber-attacks and data theft. As a result, the requirement for information
security is driving up demand for mobile security around the world.
Browse 60 market data tables*
and 35 figures* through 140 slides and in-depth TOC on “Global Mobile
Security Market, By Applications (E-mail spam blocking, Anti-virus, and Malware
removal), By End User (Individual Users, Financial Institutions, Retail,
Government, Telecom and IT, Education, Manufacturing and Automotive, Aerospace,
Defense and Intelligence and Others) and By Region (North America, Europe, Asia
Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and
Forecast till 2030”
To know the upcoming trends and insights
prevalent in this market, click the link below:
https://www.prophecymarketinsights.com/market_insight/Global-Mobile-Security-Market-By-1090
Key Market Insights from the report:
The Global Mobile Security Market size was valued
at USD 3.54 billion in 2020 and is expected to grow to USD 10.53 billion in
2030 at a compound annual growth rate (CAGR) of 11.5%. The Global mobile
security market is segmented into applications, end-user, and regions.
·
Based on
Application, Global Mobile Security Market is segmented into E-mail spam
blocking, Anti-virus, and Malware removal.
·
Based on
End-User, Global Mobile Security Market is segmented into Individual Users,
Financial Institutions, Retail, Government, Telecom and IT, Education,
Manufacturing and Automotive, Aerospace, Defense and Intelligence and Others.
·
By Region, the
Global Mobile Security Market is segmented into North America, Europe, Asia
Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of
Global Mobile Security Market:
Key players in global mobile security (mSecurity)
market are Kaspersky Lab Inc., Symantec Corporation, Microsoft Corporation,
innoPath Software, Googlem, McAfee software Pvt. Ltd., Mobile Active Defense,
Nokia Corporation, MobileIron Inc. and Orange SA among others.
The market provides detailed information
regarding the industrial base, productivity, strengths, manufacturers, and
recent trends which will help companies enlarge the businesses and promote
financial growth. Furthermore, the report exhibits dynamic factors including
segments, sub-segments, regional marketplaces, competition, dominant key
players, and market forecasts. In addition, the market includes recent collaborations,
mergers, acquisitions, and partnerships along with regulatory frameworks across
different regions impacting the market trajectory. Recent technological
advances and innovations influencing the global market are included in the
report.
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