Rising Consumer-base of Mobile Devices Intensifies Issue of Security Breaches, Driving Global Mobile Security Market


Published Date : Jul 05, 2016

ALBANY, NY, July 05, 2016: The global market for mobile security is at the center of reports of a detailed, 304-page research report recently added to the comprehensive collection of MarketResearchReports.biz. The report presents a detailed assessment of the market and covers all crucial market elements and segments. 

The report states that mobile networks across the globe generate traffic of more than 86 exabytes every year across a number of communication networks. The substantial volume of traffic along with the rising adoption of open source mobile operating systems such as Android have led to the development of several new security threats.

Rising incidences of mobile malware, cyber-attacks, SMS spam, and unlawful eavesdropping have become a major issue for mobile network operators, consumers, and enterprises. This has, in turn, led to a significant rise in investments across content gateways and integrated security appliances, subsequently leading to the emergence of specialty segments such as mobile Security as a Service (SECaaS).

The report, titled “The Mobile Security (mSecurity) Bible: 2014 - 2020 - Device Security, Infrastructure Security & Security Services,” highlights the development of the market comprising products and technologies developed with the aim of securing mobile networks from impending threats. The report states that the market will expand at an excellent 20% CAGR over the period between 2014 and 2020. Owing to the thriving ecosystem, the mobile device and network security market was expected to gain nearly US$11 bn in investments in the year 2014 alone.

The installation of anti-virus and anti-malware software is increasingly becoming a standard for most tablet computers and smartphones. The demand for advanced security options for smartphones and tablets is also on a rise as consumers increasingly adopt security sensitive modalities for mobile payment for online purchases. To capitalize on this opportunity, mobile device manufacturers are also placing increased attention on the inclusion of advanced biometric technologies such as fingerprint sensing in their products.

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The trend of allowing employee-owned mobile devices on company’s internal networks has also increased the demand for effective mobile device and network security applications that can actively monitor employee activities on the network along with ensuring connection security.

The report includes a detailed reports of major segments of the market, including mobile network infrastructure security software and applications, mobile device client security software, mobile VPN client software, mobile device security hardware, and mobile security and mobile device management services. The market has also been examined on the basis of geography, covering the regional markets North America, Asia Pacific, Latin and Central America, Western Europe, and Eastern Europe.

The report also profiles several influential vendors operating in the global mobile security market, including Actiance, Airbus Defence and Space, Afore, American Portwell Technology, AT&T, Asus, Calyptix Security Corporation, and BlueCat Networks.

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