The "Global Mobile Security Market" research by Emergen Research is a thorough compilation of analytical data regarding the Mobile Security sector. The research contains a market segmentation for Mobile Security as well as a thorough evaluation of the market's size (both in terms of volume and value). The study analyses the present Mobile Security Market and provides a detailed prediction for the years 2022-2030. The Mobile Security Market research offers a thorough analysis of each market vertical, segment, end-use industry, application, and region's historical, present, and projected revenue.
The global mobile security market size was USD 3.93 Billion in 2021 and is expected to register a revenue CAGR of 21.1% during the forecast period, according to latest analysis by Emergen Research. Market revenue growth is primarily driven by factors such as increasing smartphone users, rising adoption of third-party applications, and growing productivity of employees and enterprises through BYOD. Mobile security is an important part of mobile phones, iPads, and laptops, as well as systems with which devices connect, from wirelessly computing-related risks and vulnerabilities. Importance of securing these devices has grown substantially, as number of mobile devices and ways in which they are utilized have rapidly increased.
Numerous businesses now permit employees to use their personal mobile phones for business activities, hence BYOD allows employees to access company resources remotely or even while teleworking. The purpose of mobile device security and BYOD is to illustrate how businesses can use a standard-based strategy and commercially available technologies to address security and privacy needs, while allowing privately-owned mobile devices, to access company resources. BYOD refers to the practice of conducting work-related tasks on personal devices. Inclusion of BYOD capabilities into an organization can increase operational freedom of employees and their access to corporate resources.
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Competitive Terrain:
The global Mobile Security industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
Leading Market Players Profiled in the Report:
Apple Inc., Broadcom, BlackBerry Limited, Citrix systems, Inc., Google, IBM, Microsoft, Ivanti, SAMSUNG, and VMware, Inc
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Some Key Highlights From the Report
- The iOS segment accounted for a significant revenue share in 2021. iOS is considered more dependable of the two operating systems, IOS and Android. Apple does not grant app developers access to its source code and iPhone and iPad owners cannot modify the code on their devices. This makes it more difficult for cybercriminals to exploit iOS-powered devices and developers to submit applications to App Store since the review procedure is more stringent. Consequently, it is less probable that a malicious app will enter Apple's App Store.
- The mobile device security segment accounted for a significant revenue share in 2021. Mobile device security is primarily intended to prevent illegal network access. It is an element of all-encompassing enterprise security strategy. Additionally, over 50% of PCs are now mobile, providing novel challenges for network security, which must account for all locations and network usage required by employees. Smartphones are vulnerable to malicious phone applications, phishing schemes, data leaks, malware, and insecure Wi-Fi connections. Moreover, businesses must plan for the possibility that an employee can misplace or steal a mobile device.
- The telecommunication IT segment accounted for a significant revenue share in 2021. Network operators have become the open innovation platform that supports business, society, and mission-critical use cases as the world become increasingly digitized. 5G enables communication network operators to provide robust and secure connections for a variety of use cases, thereby connecting enterprises, smart factories, and important public safety infrastructures. High-performance 5G networks provide unlimited access to connected devices and mobile applications, necessitating networks that are resilient, secure, and preserve user privacy.
- The North America market accounted for a moderate revenue share in 2021. Rise in cyber-attacks on China's technology industry is expected to drive demand for wireless security services across the country. Furthermore, the mobile software security market is expected to be driven by stringent government data security needs in Asia countries such as Japan, China, and the Philippines. In addition, increasing acceptance of digital security applications in APAC, which is influencing players to engage in application development to meet individual and industry requirements of clients in Asia Pacific countries, thereby drives market growth in this region.
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Mobile Security market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Mobile Security market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Mobile Security market.
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Market Overview:
The report bifurcates the Mobile Security market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- Operating System Type Outlook (Revenue, USD Billion; 2019-2030)
- iOS
- Android
- Others
- Enterprise Solution Outlook (Revenue, USD Billion; 2019-2030)
- Mobile Application Security
- Mobile Data Protection
- Web Protection
- Mobile Device Security
- Others Solutions
- Enterprise Vertical Outlook (Revenue, USD Billion; 2019-2030)
- BFSI
- Telecommunication IT
- Retail E-commerce
- Healthcare Life sciences
- Government Defense
- Manufacturing
- Other Enterprise Vertical
Regional Outlook:
- North America (the U.S., Canada, Mexico)
- Europe (the U.K., Germany, France, Italy)
- Asia Pacific (India, China, Japan, Korea)
- Latin America (Brazil, Argentina, Ecuador, Chile)
- Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)
Key reasons to buy the Global Mobile Security Market report:
- The latest report comprehensively studies the global Mobile Security market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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