Portland, OR -- (SBWIRE) -- 09/22/2017 -- Asia-Pacific Mobile Security Market Report, published by Allied Market Research, forecasts that the Asia-Pacific market is expected to garner $7.5 billion by 2020, registering a CAGR of nearly 43% during the forecast period 2015-2020. Mobile data protection solution is expected to exhibit fastest growth, at a CAGR of around 44% from 2015 to 2020. China is expected to be the highest revenue generating region during the forecast period for mobile security market, followed by Japan and Singapore.

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The introduction of BYOD (Bring your own device) policy in various organizations, increasing use of smartphones for conducting day-to-day transactions, rising trend of IoT (Internet of Things), need for data protection and favorable government regulations are major factors triggering the market growth. On the other hand, availability of pirated solutions in the market, deployment cost involved and lack of awareness regarding mobile security systems are likely to restrain the market growth.

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Geographically, China is the highest revenue generating country in the APAC mobile security market, followed by Japan and Singapore. The growth in China is supplemented by factors such as higher rate of adoption of mobile devices as it is one of the largest smartphone markets, worldwide. In addition, India would exhibit the fastest growth during the forecast period.

Key Findings of Asia-Pacific Mobile Security Market:

- Asia-Pacific mobile security market would grow at a promising rate across countries like China, India and Japan during the forecast period (2015 - 2020)

- Authentication solution is estimated to be the largest revenue-generating segment in mobile security market

- Android operating system segment would continue to dominate the APAC mobile security market throughout the forecast period

Leading players and their key business strategies have been analyzed in the report in order to gain a competitive insight into the market. Key players covered in the report include IBM, Symantec Corporation, Kaspersky Lab, VMware Inc., Microsoft Corporation, Google Inc. and others.