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The global mobile security market is currently witnessing strong growth. 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.
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. Looking forward, IMARC Group expects the global mobile security market to grow at a CAGR of around 18% during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the global mobile security market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, offering, deployment mode, operating system, end user and vertical.
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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.
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