Asia-Pacific Mobile Security Market - Size, Share, Trend Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023- 2032 | CAGR of nearly 43%

Asia-Pacific Mobile Security Market is expected to garner $7.5 billion by 2020, registering a CAGR of nearly 43% during the forecast period 2015-2020. Mobile security can be defined as the means by which mobile devices such as smartphones, tablets, laptops and others can authenticate users and protect or restrict access to data stored on these devices. This can be done with the use of passwords, personal identification numbers (PINs), pattern screen locks or more advanced forms of authentication such as fingerprint readers, eye scanners and other forms of biometric readers.

Advancement in technology in mobile device market concerning storage, performance, application, capability or internet connectivity have tremendously increased over the past few years. Together with its wide range of uses, it has also fostered a growing need for better security and integrity solutions.

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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.

Key Players, , International Business Machines (IBM) Corporation, MobileIron, Symantec Corporation, Kaspersky Lab, VMware Inc., innoPath Software, Microsoft Corporation, Apple Inc., Intel Corporation,, Google Inc.

Mobile security threats include both physical and software-based threats that can compromise the data stored in smartphones, tablets and other mobile devices. Thus, various security software and hardware solutions such as authentication security, mobile application management and data protection software have been developed by companies. The introduction of BYOD (Bring your own device) policy in various organizations, increasing use of smartphones for conducting day-to-day transactions, rising trend of IoT (Internet of Things), need for data protection and favorable government regulations are major factors triggering the market growth. On the other hand, availability of pirated solutions in the market, deployment cost involved and lack of awareness regarding mobile security systems are likely to restrain the market growth.

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On the basis of solutions, Asia-Pacific mobile security market is segmented into authentication, mobile application management and mobile data protection. On the basis of types, the market is segmented into email security and anti-virus. The mobile security market, based on various operating systems is categorized into Android, iOS, Windows, Blackberry and others. Based on the end users, the industry is segmented into individual and enterprise users. Enterprise users segment is further segmented into financial institutions, retail, government, telecommunication and IT, education, manufacturing. automotive, aerospace, defense and intelligence and others. Geographically, the market is segmented into India, Japan, China, Singapore and others (Australia, New Zealand and South Korea).

KEY BENEFITS

The study provides an in-depth analysis of the mobile security market in Asia-Pacific region with current and future trends to elucidate the imminent investment pockets in the market
Current and future trends have been outlined to determine the overall attractiveness and to single out profitable trends to gain a stronger foothold in the market
The report provides information regarding key drivers, restraints and opportunities with impact analysis
Quantitative analysis of the current market and forecast during the period of 20152020 have been provided to highlight the financial appetency of the market
Porters five forces model analysis of the industry illustrates the potency of buyers and suppliers participating in the market
Value chain analysis in the report provides clear understanding of the roles of stakeholders involved in the value chain

MOBILE SECURITY APAC MARKET KEY SEGMENTATION

By Solution

Authentication
Mobile data protection
Mobile application management

By Type

E-mail
Anti-Virus

By OS

Blackberry
Android
iOS
Windows
Others

By End Users

Individuals
Enterprises
Retail
Telecommunication & IT
Financial Institutions
Education
Government
Aerospace & Defense
Manufacturing & Automotive
Others

By Geography

India
Japan
China
Singapore
Others (Australia, New Zealand and South Korea)

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