The
global Mobile
Security Market size is expected to reach USD 7.08 billion by 2027,
registering a CAGR of 10.7% from 2020 to 2027, according to the new study
conducted by Grand View Research, Inc. Mobile security breaches, data thefts,
and phishing attacks continue to rise with the growing number of portable
devices. Furthermore, growing stringent regulations in organizations and
increasing IT complexities in business environments are expected to drive the
demand for safety solutions and services. The threat actors are increasingly
targeting consumers and businesses of all sizes by taking advantage of their
vulnerabilities in device infrastructures, solutions, and online services.
Increasing
access to third-party apps and websites expose safety challenges to the businesses.
Rise in trend for bring-your-own-device (BYOD) practices in
enterprises and government organizations allows employees to use their devices
to download third-party apps to improve productivity. These third-party apps
are more vulnerable and offer a weak link in an enterprise security ecosystem.
It results in allowing threat actors to break into the company network space
easily and impact business productivity. Furthermore, organizations often
outsource their secondary activities, such as marketing and transaction
processing, to third parties, which impose a high risk in data breaches. As a
result, organizations adopt mobile safety solutions to secure their development
projects and third-party breaches.
Growing
trend of the digital workplace and increasing adoption of cloud services expose
businesses to cyberattacks. Most of the organizations lack relevant
capabilities to detect and respond immediately to the attacks. As a result,
attacks against organizational endpoints often go unnoticed and ultimately can
cause significant business loss. Increasing risk from mobile endpoint threats
is influencing businesses of all sizes to adopt safety solutions, such as
endpoint detection, and application safety solutions and seek managed services
to strengthen their deployment security.
Related Press
Release@ Mobile
Security Market Report
List of Key Players of Mobile Security Market
- Microsoft
- IBM
- VMware, Inc.
- BlackBerry
Limited
- Trend Micro
- Check Point
Software Technologies Ltd.
- Lookout,
Inc.
- Mobileiron
- CrowdStrike
- McAfee, LLC
- Sophos Ltd.
- Quick Heal
Technologies Limited
Mobile Security Market Report Highlights
- Based on
offerings, the solutions segment accounted for the largest share of 59.0%
in 2019 owing to increase in cyberattacks from third party apps and need
for real-time remediation of attacks in an enterprise network space
- By end use,
the individuals segment is expected to witness the fastest growth in
future owing to rise in threats from network spoofing, accessing unsecured
Wi-Fi, and accessing to unwanted emails and rising awareness about the
safety solutions to protect individuals’ devices
- By
organization, the large enterprises segment is expected to hold the
largest market share by 2027 owing to rise in BYOD and need to manage
personal mobility devices workspaces with company policies and procedures
- North
American accounted for the largest revenue share in 2019 and is
anticipated to maintain its lead over the forecast period.
Request a Free Consultation@ https://www.grandviewresearch.com/request-free-consultation/450386/rfc
Mobile Security Market Segmentation
Grand
View Research has segmented the global mobile security market on the basis of
offerings, end use, organization, industry vertical, and region:
Mobile Security Offerings Outlook (Revenue, USD Million,
2016 - 2027)
- Solutions
- Services
Mobile Security End-Use Outlook (Revenue, USD Million,
2016 - 2027)
- Individuals
- Enterprises
Mobile Security Organization Outlook (Revenue, USD
Million, 2016 - 2027)
- Small &
Medium Enterprises
- Large
Enterprises
Mobile Security Industry Vertical Outlook (Revenue, USD
Million, 2016 - 2027)
- BFSI
- Telecom
& IT
- Retail
- Healthcare
- Government
& Defense
- Manufacturing
- Others
Mobile Security Regional Outlook (Revenue, USD Million,
2016 - 2027)
- North
America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia Pacific
- China
- India
- Japan
- Latin
America
- Brazil
- Mexico
- MEA
About Us:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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