The report "Mobile Security Market by Software (Mobile Identity Management, Mobile Data Protection, MDM, Mobile VPN, and MAM), Service (Implementation, Training and Support, Consulting, and Managed Services), Deployment Type, Vertical, and Region - Global Forecast to 2019", The mobile security market size is expected to grow from USD 1.50 Billion in 2014 to USD 5.75 Billion by 2019, at a Compound Annual Growth Rate (CAGR) of 30.7%.
[134 Pages Report] The mobile security market size is expected to grow from USD 1.50 Billion in 2014 to USD 5.75 Billion by 2019, at an estimated Compound Annual Growth Rate (CAGR) of 30.7%. The base year considered for the study is 2013 and the market size estimated is from 2014 to 2019.
“The study answers several questions for the stakeholders; primarily, which market segments to focus in the next two to five years for prioritizing the efforts and investments.”
Scope of the Report
The research report segments the mobile security market into following submarkets:
By Type
• Software
• Services
By Software
• Mobile identity management
• Mobile data protection
• Mobile virtual private network
• Mobile device management
• Mobile application management
By Service
• Implementation services
• Training and support services
• Consulting services
• Managed services
By Deployment Type
• On-premises
• Cloud
By Organization Size
• Small and Medium-Sized Enterprises (SMEs)
• Large enterprises
By Vertical
• Banking, Financial Services, and Insurance (BFSI)
• Healthcare
• Government
• Telecom
• Retail
• Energy and utilities
• Travel and Hospitality
• Education
• Manufacturing
• Aerospace and Defense
• Others
By Region
• North America
• Europe
• Asia Pacific (APAC)
• Middle East and Africa (MEA)
• Latin America
Available Customizations
With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:
Geographic Analysis
• Further breakdown of the North American mobile security market
• Further breakdown of the European market
• Further breakdown of the APAC market
• Further breakdown of the MEA market
• Further breakdown of the Latin American market
Company Information
• Detailed analysis and profiling of additional market players
The mobile security market size is expected to grow from USD 1.50 Billion in 2014 to USD 5.75 Billion by 2019, at a Compound Annual Growth Rate (CAGR) of 30.7% during the forecast period. The major growth drivers of the market include the increasing awareness and concerns regarding the data protection of enterprise mobile devices, the rising instances of sophisticated cyber-attacks on mobile environments, and the need for security compliances and standards.
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The mobile security software and services help offer protection in the mobile environment from advanced threats and risks, such as malwares, viruses, network spoofing, phishing, unsecure connection of devices to public networks, and ineffective corporate data security policies. Moreover, the increasing demand from Small and Medium-Sized Enterprises (SMEs) operating across diverse industry verticals and regions is expected to drive the market growth during the forecast period.
The mobile Virtual Private Network (VPN) segment to play a key role in the mobile security market
The mobile VPN segment is projected to grow at the highest CAGR during the forecast period. The proliferation of mobile devices, Bring Your Own Device (BYOD) and Internet of Things (IoT) trends, and the advanced mobile threats across enterprises has increased the need for advanced mobile security software. The rise in vulnerability on mobile applications in the Banking, Financial Services, and Insurance (BFSI), healthcare, government, and telecom sectors are expected to trigger the growth of the mobile security market.
The mobile data protection segment is expected to have the largest market share and dominate the mobile security market from 2014 to 2019, as mobile data protection software offers advanced protection of data, along with timely generation alerts and compliance reports.
The BFSI industry vertical is expected to contribute the largest market share in the mobile security market
The BFSI industry vertical is expected to contribute the largest market share from 2014 to 2019 in the mobile security market, due to the increase in instances of cyber-attacks in the mobile environments within BFSI organizations. The healthcare industry vertical is expected to grow at the highest CAGR from 2014 to 2019 in the mobile security market, due to the technological proliferation of healthcare applications and increased instances of data thefts in the mobile environment in healthcare. Adoption of mobile security software brings advanced protection from threats, without affecting the operational efficiency, thus driving the demand.
North America is expected to contribute the largest market share, whereas Asia Pacific (APAC) is expected to grow at the highest CAGR
North America is expected to have the largest market share and dominate the mobile security market from 2014 to 2019, due to the presence of a large number of mobile security software vendors and early innovative technology adopters across the US and Canada. APAC offers potential growth opportunities in the mobile security market, as there is a wide presence of Bring Your Own Device (BYOD) trend in APAC and because Small and Medium-Sized Enterprises (SMEs) are turning toward mobile security software to efficiently safeguard their mobile environment, particularly in developing countries, such as India, China, and Singapore.
The major vendors in the mobile security market include Apple Inc. (US), Intel Security (McAfee) (U.S.), Symantec Corporation (US), VMware, Inc. (US), Microsoft Corporation (US), F-Secure Corporation (Finland), Citrix Systems, Inc. (US), Trend Micro, Inc. (Japan), AVG Technologies (Netherlands), and Sophos Ltd (UK).
Browse 67 market data tables and 50 figures spread through 150 pages and in-depth TOC on "Mobile Security Market by Software (Mobile Identity Management, Mobile Data Protection, MDM, Mobile VPN, and MAM), Service (Implementation, Training and Support, Consulting, and Managed Services), Deployment Type, Vertical, and Region - Global Forecast to 2019"
https://www.marketsandmarkets.com/Market-Reports/mobile-security-market-227793897.html
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