Mobile Threat Defense Market

Top Mobile Threat Defense Companies - Cisco Systems, Citrix Systems and Kaspersky Labs

The global mobile threat defense market is estimated to be worth USD 2.6 billion in 2023 and is projected to reach USD 7.2 billion by 2028, at a CAGR of 22.9% during the forecast period.

Major Mobile Threat Defense Companies Include

  • Cisco Systems (California),
  • Citrix Systems (Florida)
  • Kaspersky Labs (Russia)
  • Broadcom (California)
  • VMware (California)

With smartphones and tablets becoming the neccessary tools for communication, productivity, and access to sensitive data, the need for robust security solutions to safeguard these devices from a growing array of threats has escalated. Mobile users are increasingly targeted by malicious actors through techniques like phishing, malware, and data breaches. In response, organizations are investing in mobile threat defense solutions to protect their sensitive information, ensure regulatory compliance, and maintain the trust of their customers and employees. The surge in remote and hybrid work arrangements, accelerated by the COVID-19 pandemic, has amplified the urgency for mobile security, as mobile devices have become central to remote work operations.

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The major players in the mobile threat defense market are Cisco Systems (California), SAP (Germany), Broadcom (California), VMware (California), Citrix Systems (Florida), Kaspersky Labs (Russia), Ivanti (Utah), Micro Focus (United Kingdom), ZOHO (India), SolarWinds (Texas), Zimperium (Texas), Matrix42 (Germany), Sophos (United Kingdom), Blackberry (Canada), Esper (California), Lookout (California), Wandera (California), Pradeo (France), ZecOps (Israel), GuardSquare (Belgium), Upstream Security (Israel), Nexthink (Switzerland), Snyk (United Kingdom), Barracuda Networks (California), Zimbra (Texas), Bromium (California), AppGuard (Maryland), CellTrust (Arizona), SentinelOne (California). The market players have adopted various strategies, such as developing advanced products, partnerships, contracts, expansions, and acquisitions, to strengthen their position in the mobile threat defense market. The organic and inorganic strategies have helped the market players expand globally by providing application performance and security.

CISCO SYSTEMS

Cisco Systems, a prominent player in the mobile threat defense market, has adopted a multifaceted strategy to drive growth and secure its position in this rapidly evolving sector. Central to this strategy is the development of a comprehensive mobile security portfolio, which encompasses mobile device security, application security, and threat detection. This approach enables organizations to fortify their mobile endpoints comprehensively. Cisco places a strong emphasis on seamless integration with its broader security ecosystem, facilitating a holistic approach to security management. Offering both cloud and on-premises deployment options provides customers with the flexibility to choose solutions that align with their specific requirements. Cisco complements its technology offerings with professional services, helping clients implement and optimize their MTD solutions effectively. Cisco's scalable solutions cater to organizations of all sizes, from small and medium-sized enterprises (SMEs) to large corporations. Cisco tailors its MTD solutions to the needs of specific industries, such as BFSI, healthcare, and government, ensuring compliance and industry-specific security measures are met. With a global reach and a strong partner network, Cisco can serve customers worldwide, while its ongoing commitment to innovation enables it to address emerging mobile security threats effectively.

KASPERSKY LABS

Kaspersky Labs, a well-established player in the cybersecurity industry, employs a strategic approach in the mobile threat defense market to drive growth and strengthen its position. Kaspersky offers a range of MTD solutions, capitalizing on its extensive experience and expertise in antivirus and endpoint security. Central to its strategy is the creation of a comprehensive portfolio of MTD offerings that include mobile device security, application security, and mobile threat detection, aligning with the multifaceted nature of mobile security. Kaspersky emphasizes cloud-based deployments, ensuring scalability and flexibility in adapting to the evolving threat landscape and customer requirements. The company caters to organizations of various sizes, ranging from small and medium-sized businesses to large enterprises, making its solutions accessible to a broad spectrum of customers. Kaspersky's core strength is in security, it serves customers across diverse industry verticals, such as banking and finance, healthcare, government, and beyond, to address specific security challenges and regulatory compliance needs. The company's robust global presence and extensive partner network enable it to provide comprehensive mobile threat defense solutions to customers worldwide. Kaspersky invests in research and development to stay at the forefront of mobile security technology and to proactively address emerging threats. This commitment to innovation and continual threat intelligence sharing positions Kaspersky as a trusted source of MTD solutions, fostering customer confidence.

CITRIX SYSTEMS

Citrix Systems, a recognized leader in providing digital workspace solutions, strategically approaches the mobile threat defense market to enhance growth and further secure its position. Citrix, with its deep roots in providing remote access and virtualization technology, offers MTD solutions that seamlessly integrate with its broader digital workspace ecosystem. This integration allows organizations to adopt a comprehensive approach to managing security, providing a secure environment for mobile endpoints, whether employees are in the office or working remotely. Citrix focuses on cloud-based deployments, in line with the trend of enabling secure access from any location or device. Its MTD solutions cater to organizations of various sizes, making it accessible to small and medium-sized businesses and large enterprises alike. Citrix serves customers across diverse industries, including finance, healthcare, and government, addressing industry-specific security challenges and compliance needs. Its global reach and extensive partner network ensure it can provide MTD solutions to organizations across the globe. Citrix places importance on thought leadership and education, offering resources and guidance to help organizations understand and manage mobile security threats effectively. This approach positions Citrix as a trusted advisor in the MTD field, reinforcing its commitment to securing the digital workspace. In conclusion, Citrix Systems' strategic approach in the mobile threat defense market combines its strong digital workspace portfolio, cloud-oriented deployments, global reach, and dedication to educating its customers to address evolving security needs effectively.

Related Reports:

Mobile Threat Defense Market by Offering, Operating System (iOS, Android, Other OS), Deployment Mode (On-premises and Cloud), Organization Size, Application (Phishing, Ransomware, Malware), Vertical, Region - Global Forecast to 2028

Mobile Threat Defense Market Size,  Share & Growth Report
Report Code
TC 8841
RI Published ON
11/2/2023
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