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Demand for Mobile Data Protection Solutions and Services Gets Robust Fillip by Burgeoning Consumer Mobile Devices Sales

 

Albany, NY -- (SBWIRE) -- 01/17/2019 -- ResearchMoz.us has announced the addition of a report, titled "Mobile Data Protection Solutions and Services Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018–2026". The report on the global mobile data protection solutions and services offers a thorough assessment of various key growth drivers, prominent trends impacting uptake in key end-use industries, and major technological advances in recent years. The study also analyzes key investment trends adopted by top players and sheds light on the prevailing competitive landscape in various key regions.

The mobile data protection solutions and services market is forecast to rise at a phenomenal CAGR of more than 20% from 2018 to 2026. The rapid expansion is fueled by the rapid pace of digitization in industries across the globe, staggering rise in numbers of mobile subscribers in various parts of world, and the growing adoption of IT solutions among consumers. The swift strides that the IT has made rides on the back of rising digitization in consumer markets all over the world.

Growing concerns of enterprises and individual users about rising threat of data protection in various developing and developed nations are offering constant growth momentum to the market. Ceaseless technological advancements and improvements in mobile data protection solutions and services in developed regions, notably Europe and North America, are supporting the attractive strides that the market will witness in near future.

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Among the various regional markets, Asia Pacific is anticipated to expand at substantial pace over 2018 – 2026. Sizeable investments made in various sectors for modernizing IT, especially in its emerging economies, are key to the growth of this regional market. Profuse demand for mobile data protection solutions and services by users of Android based OS mobile devices world over is expected to generate substantial revenues in the global market.

Deployment-wise, through on-premise mobile data protection offerings held a major share in the global market, but over time, cloud-based models may emerge out to be the most prominent. This is increasingly driven by rising demand for such solutions for portable mobile devices.

Among the various end-use industries, data backup and recovery and data storage services witness a whopping demand among users of the banking, financial services and insurance (BFSI) market. Other key end-use industries are the government, IT and telecom, manufacturing, media and entertainment sectors.

Regionally, Asia Pacific and the Middle East and Africa are expected to rise at increasingly lucrative pace during 2018 – 2026. Meanwhile, North America is projected to contribute substantial chunks of revenues during the same period.

Some of the prominent players operating in the mobile data protection solutions and services market are Hewlett Packard Enterprise, Microsoft Corporation, Gemalto NV, Intel Corporation, Symantec Corporation, Cisco Systems, Inc., and Microsoft Corporation.

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