WebsiteGear Logo Log In
New User? Sign Up
About | Contact | FAQ
  Home News Technology Software Products Monday, September 21, 2020 
Add Press Release News | News Feeds Feeds | Email This News Email

Global Mobile Security Industry Outlook, 2020-2024 - Increasing Productivity of Employees & Enterprises Through BYOD Gives Rise to Lucrative Opportunities
Saturday, February 15, 2020

DUBLIN, Feb. 7, 2020 /PRNewswire/ -- The "Mobile Security Market by End User (Individual and Enterprise (Solution (Authentication, Application Security, & Device Security), Service, Deployment Mode, Organization Size, Vertical), Operating System (iOS & Android), & Region - Global Forecast to 2024" report has been added to's offering.

The global mobile security market size is expected to grow from USD 3 billion in 2019 to USD 7.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 19.4% during the forecast period.

The increasing number of mobile phone subscriptions around the world and the increasing number of mobile threats and breaches are some of the factors that are driving the demand for mobile security, while the use of free mobile security solutions is restricting the growth of the global mobile security market.

Enterprise services segment to grow at a higher CAGR during the forecast period.

By component, the mobile security services industry is segmented into enterprise solutions and enterprise services. The enterprise services segment is expected to grow at a higher CAGR during the forecast period. Many mobile security solution providers also offer solutions to enterprises to implement and maintain their security systems up-to-date.

Even when mobile security solutions are deployed in the organizations, maintenance and testing of those solutions are very essential to ensure the security of the mobile devices. Enterprises opt for various services, such as smartphone reviews, mobile application security tests, and MDM solution tests, to ensure the security of their mobile devices. Based on services, the global mobile security market is segmented into managed services and professional services. Professional services are further segmented into training and consulting, integration and implementation, and support and maintenance.

Cloud deployment to grow at a higher CAGR during the forecast period.

Though a large number of organizations are using on-premises solutions, many enterprises are adopting cloud-based mobile security solutions due to various benefits offered by the cloud-based deployment. The reduced cost, reduced complexity, and enhanced user experience are some of the key benefits of deploying cloud-based security solutions.

Cloud-based security solutions enable enterprises to quickly and easily provision new mobile devices and to centralize policy management. It also requires less initial investment as compared to traditional on-premises software. Though there are significant benefits of using cloud-based software, enterprises need to take into consideration various issues related to the cloud-based deployment, such as traffic communicated with the cloud needs to pass through secure tunnel and latency introduced by the cloud service.

Asia Pacific to grow at the highest CAGR during the forecast period.

APAC is home to various developing economies, and a mobile subscription landscape in APAC is changing rapidly. According to the report The Mobile Economy Asia Pacific 2019, published by GSMA, mobile technologies and services generated 5.3% of GDP across APAC, in 2018. The report also stated that at the end of 2018, 1.9 billion people across APAC were connected to the mobile internet with the addition of 200 million new subscribers as compared to its earlier year.

Security spending in the APAC region is increasing significantly due to the ever-growing threat landscape. APAC comprises emerging economies, such as India, China, Australia, Hong Kong, and Japan. Countries across this region are flooded with a large number of SMEs, which account for the employment of more than 70% of the population.

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Mobile Security Market
4.2 Market By End User, 2019 vs 2024
4.3 Market By Enterprise Solution, 2019 vs 2024
4.4 Market By Enterprise Service, 2019 vs 2024
4.5 Market By Professional Service, 2019 vs 2024
4.6 Market By Operating System, 2019
4.7 Market By Enterprise Deployment Mode, 2019
4.8 Market By Organization Size, 2019 vs 2024
4.9 Market By Enterprise Vertical, 2017-2024
4.10 Market Investment Scenario

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers Increasing Number of Mobile Phone Subscriptions Around the World Increasing Number of Mobile Threats and Breaches Increasing Adoption of Third-Party Applications Increasing Productivity of Employees and Enterprises Through BYOD
5.2.2 Restraints Use of Free Mobile Security Solutions Cost of Deploying Enterprise Mobility Management Solutions
5.2.3 Opportunities Rapid Digitalization of Emerging Economies Increasing Trend of BYOD
5.2.4 Challenges Addressing the Complexity of Advanced Threats Lack of Awareness Regarding Mobile Security Solutions Among End Users Interoperability Between Mobile OS
5.3 Mobile Attack Vectors
5.3.1 Malware
5.3.2 Data Exfiltration
5.3.3 Data Tampering
5.3.4 Data Loss
5.4 Use Cases
5.4.1 Provide the Right Level of Access to Data on Mobile Devices to the Right People
5.4.2 Prevent Data From Intentionally or Accidentally Leaking to Unauthorized Mobile Apps And/Or the Cloud From Mobile Devices
5.4.3 Sharing Sensitive Data Between Top Executives in the Byod Environment
5.4.4 Protect Corporate Data in Byod and Cyod Environments
5.4.5 Mobile Security Application to Protect Financial Data on Personal Devices
5.5 Regulations
5.5.1 General Data Protection Regulation (GDPR)
5.5.2 Payment Card Industry Data Security Standard (PCI DSS)
5.5.3 Health Insurance Portability and Accountability Act (HIPAA)
5.5.4 Federal Information Security Management Act (FISMA)
5.5.5 Gramm-Leach-Bliley Act (GLBA)
5.5.6 Sarbanes-Oxley (SOX) Act
5.5.7 Underwriters Laboratories (UL)
5.5.8 Distributed Management Task Force (DMTF)
5.5.9 Organization for the Advancement of Structured Information Standards (OASIS)

6 Mobile Security Market, By End User
6.1 Introduction
6.2 Individual User
6.3 Enterprise

7 Mobile Security Market, By Operating System
7.1 Introduction
7.2 iOS
7.3 Android
7.4 Others

8 Mobile Security Market, By Enterprise Solution
8.1 Introduction
8.2 Authentication
8.3 Mobile Application Security
8.4 Mobile Data Protection
8.5 Web Protection
8.6 Mobile Device Security
8.7 Other Solutions

9 Mobile Security Market, By Enterprise Service
9.1 Introduction
9.2 Professional Services
9.3 Managed Services

10 Mobile Security Market, By Enterprise Deployment Mode
10.1 Introduction
10.2 Cloud
10.3 On-Premises

11 Mobile Security Market, By Organization Size
11.1 Introduction
11.2 Small and Medium-Sized Enterprises
11.3 Large Enterprises

12 Mobile Security Market, By Enterprise Vertical
12.1 Introduction
12.2 Banking, Financial Services, and Insurance
12.3 Telecommunications and IT
12.4 Retail and Ecommerce
12.5 Healthcare and Life Sciences
12.6 Government and Defense
12.7 Manufacturing
12.8 Other Enterprise Verticals

13 Mobile Security Market, By Region
13.1 Introduction
13.2 North America
13.3 Europe
13.4 Asia Pacific
13.5 Middle East and Africa
13.6 Latin America

14 Competitive Landscape
14.1 Introduction
14.2 Competitive Leadership Mapping
14.2.1 Visionary Leaders
14.2.2 Innovators
14.2.3 Dynamic Differentiators
14.2.4 Emerging Companies
14.3 Strength of Product Portfolio (25 Players)
14.4 Business Strategy Excellence (25 Players)
14.5 Ranking of Key Players in the Mobile Security Market, 2019

15 Company Profiles
15.1 Introduction
15.2 Microsoft
15.3 IBM
15.4 Symantec
15.5 Trend Micro
15.6 Sophos
15.7 McAfee
15.8 Kaspersky Lab
15.9 ESET
15.10 VMware
15.11 Samsung
15.12 CrowdStrike
15.13 BlackBerry
15.14 Citrix Systems
15.15 Mobileiron
15.16 Quick Heal Technologies
15.17 Panda Security
15.18 F-Secure
15.19 Fortinet
15.20 Check Point
15.21 Amtel
15.22 Bitdefender
15.23 Codeproof
15.24 Webroot
15.25 Keeper Security
15.26 OneSpan
15.27 Right-To-Win

For more information about this report visit

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content:

SOURCE Research and Markets

Email This News Email | Submit To Slashdot Slashdot | Submit To Digg | Submit To | News Feeds Feeds

Nav Star-Studded Line-Up on Judging Panel Announced for Wirex and The Fintech Times' 'Rising Women in Crypto Power List' | Sep 21, 2020
Nav Infosys to Acquire GuideVision, a Leading ServiceNow Elite Partner in Europe | Sep 21, 2020
Nav RedShield appoints Cybersecurity veteran Kate Kuehn as Board Director | Sep 21, 2020
Nav LG Revolutionizes Multi-Screen Experience With Unique LG WING 5G Smartphone | Sep 21, 2020
Nav Digital Twin Market worth $48.2 billion by 2026 - Exclusive Report by MarketsandMarkets(TM) | Sep 21, 2020
Nav Scality RING8 on All-Flash Delivers File and Object Storage Performance 10x Faster Than Competitive Solutions | Sep 21, 2020
Nav SportsEngine, Inc. Forms Partnership with Virtual Training Application, MaxOne | Sep 21, 2020
Nav Commvault Achieves AWS Outposts Ready designation | Sep 21, 2020
Nav Mobile Collaborative Robots Market to Reach $6,827 Million by 2030: P&S Intelligence | Sep 21, 2020
Nav Empower Your Digital Capacity - Kingdee Helped Chinese Enterprises Rise up to Challenges | Sep 21, 2020

Submit News | View More News View More News