Zion Market Research, the market research group announced the analysis report titled "Mobile Security Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024"
Sarasota, FL -- (SBWIRE) -- 07/10/2017 -- Global Mobile Security Market: Overview
Mobile devices have become an integral part of the day-to-day life of the large population across the globe. Due to increased connectivity and powerful computing capabilities, smart devices have enabled their productive workforce. This has, in turn, increased the rate of the cyber-attacks on the potential users on their personal and valuable data present in their mobile devices. Information security is one of the crucial concerns an IT personnel has. Confidential information can be easily transported or lost, there are also chances of security breaches, and thus there is an increasing need to secure the data. Mobile security offers protection solutions and mobile device security. While advancing VPN network security ensures the customer to connect remotely to their company's network in a highly secure way.
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Global Mobile Security Market: Growth Factors
The increasing demand for smart devices such as PCs, smartphones, and tablets contributed for the largest market share in the overall information security industry and the mobile device sector. Growing concerns regarding mobile security services for these devices has positively enhanced the growth of the market. Mobile security has also found applications in other mobile devices such as smart watches. Technological advancements, growing awareness amongst consumers are the factors that have contributed to the rapid growth of the mobile security market. The widespread availability of the technological solutions and user-friendly nature are other factors that are becoming popular among the mobile device end-users, which is expected to augment the mobile security market growth. However, high pricing of the security software and lack of awareness regarding the technology are factors that are restraining the market growth.
Global Mobile Security Market: Segmentation
The mobile security market is segmented based on the end-user, type, solution, and operating system. Depending on end-user, the market is fragmented into government, financial institutions, aerospace, defense, intelligence, education, individual user, manufacturing & automotive, enterprise user, Telecommunication & IT, and retail. The type segment is classified as antivirus, e-mail, and malware. According to the solution, the market is segregated into mobile application management, firewall, authentication, mobile data protection, and sim card. The mobile application management is expected to enhance the mobile security market in the coming years due to increasing dependency on the applications. On the basis of the operating system, the market is divided into Windows, Blackberry, iOS, Android, and others.
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Global Mobile Security Market: Regional Analysis
The demand for mobile security is high across the world but North America is leading the market, which is followed, by Europe and Asia Pacific. The recent trend of Bring Your Own Device is very much famous in small, medium, and large organizations which are the key factor that is driving the growth of mobile security software in Europe. Asia Pacific is witnessing a robust market growth and will contribute the largest revenue owing to the expanding IT industry, rapidly growing population, and the presence of the consumer electronics manufacturers in this region, thus projecting to propel the mobile security market growth.
Global Mobile Security Market: Competitive Players
Key players that are operating in the global mobile security market include Orange, Google, Microsoft, Kaspersky Lab, Nokia, and innoPath Software. Other influencing market players include MobileIron, Symantec, Mobile Active Defense, and McAfee.
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