Mobile Security Market Size, Share, Growth, Sales Revenue, and Research Report on the Major Drivers by 2030

Mobile Security industry forecasts, as well as qualitative and quantitative analyses, have been supplied by the report’s writers. The SWOT analysis and Porter’s Five Forces Analysis, which shed light on the industry’s fiercely competitive environment, are two of the most crucial sections of this research. The global Mobile Security market, including those in North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa, is thoroughly examined in the study. In addition to revenue growth drivers and barriers, manufacturing consumption patterns, shifting customer tastes, and strict regulatory standards are also covered in this research.

The global mobile security market size was USD 3.93 Billion in 2021 and is expected to register a revenue CAGR of 21.1% during the forecast period, according to latest analysis by Emergen Research. Market revenue growth is primarily driven by factors such as increasing smartphone users, rising adoption of third-party applications, and growing productivity of employees and enterprises through BYOD. Mobile security is an important part of mobile phones, iPads, and laptops, as well as systems with which devices connect, from wirelessly computing-related risks and vulnerabilities. Importance of securing these devices has grown substantially, as number of mobile devices and ways in which they are utilized have rapidly increased.

Numerous businesses now permit employees to use their personal mobile phones for business activities, hence BYOD allows employees to access company resources remotely or even while teleworking. The purpose of mobile device security and BYOD is to illustrate how businesses can use a standard-based strategy and commercially available technologies to address security and privacy needs, while allowing privately-owned mobile devices, to access company resources. BYOD refers to the practice of conducting work-related tasks on personal devices. Inclusion of BYOD capabilities into an organization can increase operational freedom of employees and their access to corporate resources.

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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

The leading market contenders listed in the report are:

Apple Inc., Broadcom, BlackBerry Limited, Citrix systems, Inc., Google, IBM, Microsoft, Ivanti, SAMSUNG, and VMware, Inc

Target Audience of the Global Mobile Security Market Report:

• Key Market Players
• Investors
• Venture capitalists
• Small- and medium-sized and large enterprises
• Third-party knowledge providers
• Value-Added Resellers (VARs)
• Global market producers, distributors, traders, and suppliers
• Research organizations, consulting companies, and various alliances interested in this sector
• Government bodies, independent regulatory authorities, and policymakers

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Major Geographies Analyzed in the Report:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Market Segmentations of the Mobile Security Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Mobile Security market on the basis of product, application, and region:

Segments Covered in this report are:

• Operating System Type Outlook (Revenue, USD Billion; 2019-2030)
  • iOS
  • Android
  • Others

• Enterprise Solution Outlook (Revenue, USD Billion; 2019-2030)
  • Mobile Application Security
  • Mobile Data Protection
  • Web Protection
  • Mobile Device Security
  • Others Solutions

• Enterprise Vertical Outlook (Revenue, USD Billion; 2019-2030)
  • BFSI
  • Telecommunication & IT
  • Retail & E-commerce
  • Healthcare & Life sciences
  • Government & Defense
  • Manufacturing
  • Other Enterprise Vertical

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Some Key Highlights From the Report

• The iOS segment accounted for a significant revenue share in 2021. iOS is considered more dependable of the two operating systems, IOS and Android. Apple does not grant app developers access to its source code and iPhone and iPad owners cannot modify the code on their devices. This makes it more difficult for cybercriminals to exploit iOS-powered devices and developers to submit applications to App Store since the review procedure is more stringent. Consequently, it is less probable that a malicious app will enter Apple’s App Store.
• The mobile device security segment accounted for a significant revenue share in 2021. Mobile device security is primarily intended to prevent illegal network access. It is an element of all-encompassing enterprise security strategy. Additionally, over 50% of PCs are now mobile, providing novel challenges for network security, which must account for all locations and network usage required by employees. Smartphones are vulnerable to malicious phone applications, phishing schemes, data leaks, malware, and insecure Wi-Fi connections. Moreover, businesses must plan for the possibility that an employee can misplace or steal a mobile device.
• The telecommunication & IT segment accounted for a significant revenue share in 2021. Network operators have become the open innovation platform that supports business, society, and mission-critical use cases as the world become increasingly digitized. 5G enables communication network operators to provide robust and secure connections for a variety of use cases, thereby connecting enterprises, smart factories, and important public safety infrastructures. High-performance 5G networks provide unlimited access to connected devices and mobile applications, necessitating networks that are resilient, secure, and preserve user privacy.
• The North America market accounted for a moderate revenue share in 2021. Rise in cyber-attacks on China’s technology industry is expected to drive demand for wireless security services across the country. Furthermore, the mobile software security market is expected to be driven by stringent government data security needs in Asia countries such as Japan, China, and the Philippines. In addition, increasing acceptance of digital security applications in APAC, which is influencing players to engage in application development to meet individual and industry requirements of clients in Asia Pacific countries, thereby drives market growth in this region.

Additional information offered by the report:

• Along with a complete overview of the global Mobile Security market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
• The report elaborates on the global Mobile Security market size and share governed by the major geographies.
• It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
• It further presents a detailed description of the company profiles of the key market contenders.

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