Press release
Mobile Security Global Market Report 2024 - By Demand, Share, Growth And Trends, Forecast To 2033
"The new report published by The Business Research Company, titled ""Mobile Security Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the mobile security market size has grown exponentially in recent years. It will grow from $6.68 billion in 2023 to $8.10 billion in 2024 at a compound annual growth rate (CAGR) of 21.7%. The mobile security market size is expected to see exponential growth in the next few years. It will grow to $17.48 billion in 2028 at a compound annual growth rate (CAGR) of 21.2%.
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Increasing Sophistication Of Cyber Threats Driving Growth In The Mobile Security Market
The increasing sophistication of cyber threats is expected to propel the growth of the mobile security market going forward. A cyber threat is a malicious act that seeks to damage data, steal data, or disrupt digital life in general, including a wide range of attacks such as data breaches, computer viruses, denial of service, and numerous other attack vectors. Mobile security solutions can detect and remove malware, including viruses, spyware, and ransomware, which can compromise sensitive data and disrupt device functionality. For instance, according to the 2022 Data Breach Report published by the Identity Theft Resource Center, a US-based non-profit organization, the number of data breach incidents reported increased by 68% in 2022, with 1,862 breaches reported compared to 1,108 breaches in 2021. Therefore, the increasing sophistication of cyber threats is driving the growth of the mobile security market.
Leading Innovations In Mobile Security Introducing Zimperium's Mobile-First Security Platform
Major companies operating in the mobile security market are developing innovative technologies, such as mobile security platforms, to gain a competitive edge in the market. A mobile security platform is a comprehensive set of tools and services designed to protect mobile devices, such as smartphones, tablets, and laptops, from cyber threats. For instance, in April 2023, Zimperium Inc., a US-based mobile security company, launched the Mobile-First Security platform for threat detection visibility and response for endpoints and apps. It is a unified platform that combines capabilities across mobile threat defense (MTD) and mobile app security (MAPS), providing centralized management and access to device and app security through a single interface on any cloud and on-premises. The platform is designed to protect mobile devices and applications from evolving threats and risks, a critical aspect of mobile security. It includes advanced in-app protection to prevent reverse engineering, protect cryptographic keys, and create self-defending apps.
The mobile security market covered in this report is segmented -
1) By Component: Identity And Access Management, Data Security And Encryption, Cloud Security, Network Security, Endpoint Security, Web Security, Application Security
2) By Service: Professional Services, Managed Services
3) By Operating System: iPhone Operating System (iOS) And Macintosh Operating System (MacOS), Android, Windows, Other Operating Systems
4) By End-Use: Banking, Financial Services and Insurance (BFSI), Retail, Information Technology (IT) And Telecommunication (Telecom), Healthcare, Manufacturing, Government And Defense, Other End-Uses
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Major companies operating in the mobile security market are Apple Inc., Samsung Electronics Co Ltd., Microsoft Corporation, Intel Corporation, International Business Machines Corporation, MobileIron Inc., Oracle Coorperation, VMware LLC, Gen Digital Inc., Check Point Software Technologies Ltd., Trend Micro Inc., CrowdStrike Holdings Inc., BlackBerry Limited, Avast Software s.r.o, AirPatrol Corporation, Kaspersky Lab Inc., Sophos Ltd., Coro Cybersecurity, AVG Technologies, Better Mobile Security Inc., ESET s.r.o.
Contents of the report:
1. Executive Summary
2. Mobile Security Market Report Structure
3. Mobile Security Market Trends And Strategies
4. Mobile Security Market - Macro Economic Scenario
5. Mobile Security Market Size And Growth
…..
27. Mobile Security Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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