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Mobile Security Market worth $5,754.8 Million by 2019
The report "Mobile Security Market by Solution (Mobile Identity Management, Mobile Data Protection, Mobile Device Management, Mobile VPN, MAM) & by Service (Implementation, Training & Support, Consulting, and Managed services) – Global Forecast to 2019 ", defines and segments the global market into various sub-segments with an in-depth analysis and forecasting of revenues. The report also identifies the factors driving this market, various restraints and opportunities impacting it along with the technology roadmap and adoption trends.
Browse 73 market data tables and 43 figures spread through 134 pages and in-depth TOC on "Mobile Security Market by Solution (Mobile Identity Management, Mobile Data Protection, Mobile Device Management, Mobile VPN, MAM) & by Service (Implementation, Training & Support, Consulting, and Managed services) – Global Forecast to 2019"
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Over the years, the data accessibility techniques have evolved and have been swiftly progressing. With the authorization to use mobile devices for accessing corporate data ubiquitously, businesses have been evidently benefited in taking timely business decisions. In addition, these widespread advancements in mobile data accessibility have enhanced their profitability and augmented their business productivity. However, this vast amount of data that resides within the organizations and that which continually travels over the network runs the continual danger of being tampered, misused, attacked, and lost. To cohesively safeguard this entire data, the enterprises have been broadly considering the usage of mobile security product and services. These mobile security solutions provide comprehensive protection to data that is present on-site and that which travels beyond the organization. These solutions protect the sensitive data of the organization from malicious attacks, fraudulent activities, cyber-attacks, network threats, and privacy breaches. In addition, these mobile security solutions also prevent unauthorized access, provide advanced endpoint data and device protection, and safeguard the hardware devices from malware. It also fosters enhanced encryption techniques within the system, and provides advanced firewalls, web security, anti-virus solutions, intrusion prevention, and anti-spam techniques to the organizations.
Further, the rise in acceptance of Bring Your Own Device (BYOD) devices among enterprises supplemented by enhanced network connectivity has extensively leveraged businesses. This has widely led to the generation and consumption of enormous amount of data traveling from the organizations to the mobile devices and vice versa. However, this has invariably made this data vulnerable to attacks, threats, and loss. Thus, to safeguard their sensitive data, protect the authenticity of the content, and prevent breach of privacy, the small businesses, medium enterprise, enterprises, and large enterprises expansively consider mobile security products and services within their organizations. Also, the increasing trend in the enterprise mobility market, the global mobile security market is impacted. The major vendors of the global mobile security market are IBM, SAP, Inc., Symantec Corporation, Intel Corporation, and Mobile Iron. The major forces driving this market are the presence of a dynamic business environment, escalating cyber-attacks, growing concern about data loss among the organizations, and indispensable need for compliance with standards.
MarketsandMarkets broadly segments the mobile security market by regions into: North America (NA), Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA); by types into: software and services; by software into: mobile identity management, mobile device management, mobile application management, mobile data protection, and mobile virtual private network; by services into: implementation, training and support, consulting, and managed services; by deployment types into: cloud and on-premises; by user types into: small enterprises, medium enterprise, enterprises, and large enterprises; by industry verticals into: BFSI, healthcare, government, telecom, retail, energy and utilities, travel and hospitality, education, manufacturing, aerospace and defense, and others.
MarketsandMarkets forecasts the global mobile security market to grow from $1,507.7 million in 2014 to $5,754.8 million by 2019, at a CAGR of 30.7%. In terms of regions, NA is expected to be the highest market in terms of market size, whereas Europe and APAC are expected to experience increased market traction, during the forecast period.
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