Market Overview 2022-2027:

The global mobile security market reached a value of US$ 4.15 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 12 Billion by 2027, expanding at a CAGR of 19.27% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Mobile security refers to measures undertaken for protecting sensitive data stored and transmitted by mobile devices through passwords, personal identification numbers (PINs) and pattern screen locks. It offers email security, endpoint protection, secure web gateway, virtual private network (VPN), cloud access security broker (CASB) and enterprise mobile management (EMM) platform depending on the requirements of the user. It assists in data backup, regulatory compliance, application control, security policy enforcement, remote control of device updates and automated device registration. Consequently, enterprises are increasingly relying on mobile security solutions to minimize risks, restrict unauthorized network access, and secure devices against malware threats and accidental loss.

Mobile Security Market Trends:

The widespread utilization of mobile devices, such as smartphones, laptops and portable Universal Serial Bus (USB) memory sticks, is increasing concerns for network security. This, along with the evolving Bring Your Own Device (BYOD) trend and the increasing popularity of the Internet of Things (IoT), is among the major factors escalating the demand for mobile security solutions to restrict access to sensitive company data. Additionally, they are gaining preference with other network security solutions to manage users and their devices remotely and combat the growing threat of cyberattacks and data breaches. Apart from this, the emerging trend of smart electronic devices, such as netbooks and wearables, is also contributing to the market growth. Furthermore, due to the rising adoption of cloud computing and the growing concerns about the surface transmission of the coronavirus disease (COVID-19), several companies are leveraging multiple biometric authentication methods in mobile devices, which is anticipated to propel the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global mobile security market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on offering, deployment mode, operating system, end user and vertical.

Breakup by Offering:

• Solutions
• Services
   

Breakup by Deployment Mode:

• Cloud-based
• On-premises
   

Breakup by Operating System:

• IOS
• Android
• Windows
• Others
   

Breakup by End User:

• Individual
• Enterprises
   

Breakup by Vertical:

• BFSI
• Telecom and IT
• Retail
• Healthcare
• Government & Defense
• Manufacturing
• Others
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Apple Inc., AT&T Inc., Broadcom Inc., Citrix Systems Inc., Google Inc., International Business Machines Corporation, Microsoft Corporation, Quick Heal Technologies Ltd., Trend Micro and Verizon Communication Inc.

Report Coverage:

Key Questions Answered in This Report:

• How has the global mobile security market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global mobile security market?
• What are the key regional markets?
• What is the breakup of the market based on the offering?
• What is the breakup of the market based on the deployment mode?
• What is the breakup of the market based on the operating system?
• What is the breakup of the market based on the end user?
• What is the breakup of the market based on the vertical?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global mobile security market and who are the key players?
• What is the degree of competition in the industry?