|10-13-2018 10:54 AM CET - IT, New Media & Software||
Asia-Pacific Mobile Security Market Analysis by Various Segments and Forecast For 2020| Key Players- IBM Corporation, Mobile Iron Symantec, Corporation, Kaspersky Lab, VMware Inc.
Press release from: Allied Market Research
Authentication solution is expected to continue dominating the Asia-Pacific mobile security market over the forecast period and account for around 38% share by 2020, owing to the wide scale adoption of this security solution in various mobile devices for enhanced security.
Mobile devices such as smartphones and laptops are more susceptible to security threats. Authentication solution proves to be useful in case when these mobile devices are misplaced and fall into the hands of unauthorized person. According to types of mobile security, the market is bifurcated into E-mail and Anti-virus security. E-mail security constituted 52% share of the overall market revenue in 2014, and is expected to dominate the overall Asia-Pacific mobile security market during the forecast period.
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Android was the largest revenue-generating operating system segment of mobile security market, which accounted for nearly 57% of the total Asia-Pacific market revenue in 2014. This segment is expected to maintain its dominance throughout the analysis period due to the massive growth in the number and usage of Android devices.
Based on end users, the enterprise segment occupies major market share. This segment is anticipated to generate a revenue of $6.4 billion by 2020, registering a CAGR of nearly 43% during 2015 - 2020. The increasing trend of BYOD in various enterprises and the need to secure confidential corporate data are the prime factors boosting the growth of mobile security market.
Geographically, China is the highest revenue generating country in the APAC mobile security market, followed by Japan and Singapore. The growth in China is supplemented by factors such as higher rate of adoption of mobile devices as it is one of the largest smartphone markets, worldwide. In addition, India would exhibit the fastest growth during the forecast period.
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The leading players have adopted competitive strategies such as product launch, innovation, mergers and acquisitions and partnerships in an effort to consolidate their market presence.
Key Findings of Asia-Pacific Mobile Security Market:
• Asia-Pacific mobile security market would grow at a promising rate across countries like China, India and Japan during the forecast period (2015 - 2020)
•Authentication solution is estimated to be the largest revenue-generating segment in mobile security market
• Android operating system segment would continue to dominate the APAC mobile security market throughout the forecast period
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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