Oct 25, 2020
The report also assesses the mobile security industry scenario through qualitative factors such as drivers, restraints and opportunities. Furthermore, in-depth market competition assessment is done by analyzing the key market players and Porter’s five forces analysis.
Dallas, United States - October 25, 2020 /MarketersMedia/ —
Mobile Security Market: Growing Dependence on Mobile-based Applications and Corresponding Rise in Data Security Vulnerabilities Pose Growth
Growing consciousness about the pressing needs of data security as well as stringency in data security protocols gaining massive attention globally are anticipated to craft high returns in global mobile security market. Adroit Market Research in its latest research offering unravel minute details on growth prognosis of mobile security market besides equipping market participants with ample understanding on growth prospects and opportunity assessment.
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One of the major factors driving growth in mobile security market is large scale adoption of smartphones and subsequent advances in e-commerce and banking operations that are completely data driven. Integration of cloud technology and soaring advances in development of mobile specific security software are likely to mimic growth in global mobile security market in the forthcoming years.
Affordable pricing of smartphones and high buying trends across emerging economies further favor high end growth. Essentially, a mobile security software is comprehensive hub of applications that enable optimum data protection of both enterprise and personal data, stored across smart devices such as tablets, laptops and smartphones. Advances in Bring Your Own Device (BYOD) across enterprises and advances in development of multifactor authentication codes are collectively driving massive growth in global mobile security market.
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Surge in mobile applications in both development and application practices have further fortified mobile security market, marking portfolio diversification and new R&D investments. Though mobile applications are becoming extensively fast and efficient, the data security aspect remains largely compromised. In this regard, market participant, Zimperium envisions to address the critical data security gap with its novel MAPS solution. The solution integrated data on a single platform, besides also identifying and highlighting high risk areas such compliance and privacy gaps during app development process. All these functionalities of MAPS is mindfully structured around three facets comprising zScan, zShield, and zDefend. This development is a massive leap ahead in mobile security market and is likely to incur immense revenues in the coming years.
Based on systematic segmentation global mobile security market is fragmented into operating system, solution, authentication method, and end-use segmentation. BY operating system, global mobile security market is splintered into android, IOS. Based on solution the market is classified into device security, authentication, web protection, data protection and the like. Single factor and multi-factor authentication remain dual authentication methods in mobile security space. In terms of end-use application, personal and commercial segments comprise major facets. Further, global mobile security market is also fragmented on the basis of regional diversification, identifying Europe, North and South America, MEA and APAC as major growth spots in mobile security market.
Key Segments of the Global Mobile Security Market
Operating Systems Overview, 2018-2025 (USD Billion)
Solutions Overview, 2018-2025 (USD Billion)
Authentication Method Overview, 2018-2025 (USD Billion)
End Users Overview, 2018-2025 (USD Billion)
Regional Overview, 2018-2025 (USD Billion)
Rest of Europe
Rest of Asia-Pacific
Middle East and Africa
Rest of Middle East and Africa
Rest of South America
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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code - Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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