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Based on operating system, the market is divided into android and iOS, among others. On the basis of end user, the market is bifurcated into enterprises and individuals. The regional markets for mobile security are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global mobile security market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
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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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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