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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
BlackBerry Limited., founded in 1984 as Research In Motion (RIM), is a leader in cybersecurity and assists organisations of all sizes that are responsible for maintaining public safety and the security of Internet of Things (IoT). Headquartered in Ontario, Canada, the company’s services range from embedded software and virtual private network (VPN) authentication to cybersecurity services, cloud-based services, enterprise mobility management (EMM) solutions, and radiofrequency (RF) antenna tuning and development tools.
VMware, Inc., founded in 1998 and headquartered in California in the United States, is a market leader in multi-cloud services for all applications, enabling digital innovation while supporting organisational governance. The company creates virtualisation technology applications and offers software maintenance in addition to expert services including design, installation, and training. VMware offers SaaS solutions for numerous IT issues, including operational inefficiencies, desktop management, software lifecycle management, and business continuity.
McAfee, LLC, which is based in California in the United States is a cyber security company established in 1987. The company provides anti-virus and anti-malware protection software for network, cloud, database, and endpoint detection, catering to consumers, small and large businesses, corporations, and government sectors. Their products include all-in-one protection, device protection, and PC optimisation, with a variety of free tools and downloads, which aid in web protection and identity safeguarding.
Other market players include Apple Inc., Microsoft Corporation, Google LLC, Samsung Electronics Co., Ltd., IBM Corporation, Lookout, Inc., Citrix Systems, Inc., and Gen Digital Inc., among others.
Mobile Security Market Report Snapshots
Mobile Security Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global market for mobile security attained a value of approximately USD 4.39 billion.
The market is projected to grow at a CAGR of 22.6% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 27.49 billion by 2032.
The major drivers of the market include the increase in the adoption of smartphones, laptops, and other portable devices, increasing mobile applications in banking, financial services and insurance, healthcare, and telecommunication sectors, and increasing cases of cyber-attacks.
The increasing penetration of high-speed internet and the Internet of Things (IoT), rising prevalence of bring your own device (BYOD), and advancement in mobile device technologies, are the key trends propelling the growth of the market.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The primary end users of mobile security in the market are enterprises and individuals.
The primary advantage of mobile security is the reduced risk of theft or leakage of sensitive data, and protection against ransomware attacks that target mobile devices.
Some common examples of basic mobile security features include passwords, fingerprint sensors, and facial recognition software which prevent unauthorised users from accessing data.
The major players in the mobile security market are Apple Inc., BlackBerry Limited., Microsoft Corporation, Google LLC, Samsung Electronics Co., Ltd., IBM Corporation, Lookout, Inc., Citrix Systems, Inc., VMware, Inc., McAfee, LLC, and Gen Digital Inc., among others.
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