Mobile Security Market Research Report- Global Forecast to 2027

Global Mobile Security Market Research Report, Solution (Multi-Factor Authentication, Data Encryption), Deployment (Cloud, On-premises), Operating System (iOS, Blackberry, Android), End-User (Individual Users, Financial Institutions) - Forecast till 2027

ID: MRFR/ICT/0686-HCR | February 2021 | Region: Global | 110 pages

Please note that the assessment period of report has been updated from 2019-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Overview


The growing concern and awareness regarding data protection on enterprise mobile devices are one of the major factors which lead to the increase of the mobile security market globally. Not only this, the increasing adoption of two-factor authentication and the need to comply with security standards also drove the global market share of the mobile security market industry. The increasing use of mobile devices for e-commerce and banking functions has made the deployment of security software in mobile devices. Cloud-based technology can be another factor that leads the mobile security market to reach tremendous heights.


Mobile security is done to protect the personal and business information stored in devices like smartphones, laptops, tablets, and other portable computing devices from vulnerabilities and threats. The trend of bringing your device (BYOD) which helps in device-sharing between businesses and their employees is another factor that leads to the growth of the mobile security market in the global market. During the forecasted period from 2019 to 2023, it is expected to grow at a high CAGR of 29.55% with USD 48.85 billion market share. 


Mobile Security Market


Source: MRFR Analysis


COVID 19 ANALYSIS


The pandemic of COVID 19 has made the lives of businesses and individuals worse. Owing to the lockdowns businesses have faced a major push back. Now each one has to face a battle with the health sector along with the economic sector. The global outbreak has forced the economies into forced recession. Now businesses have to strategize their policies to meet the requirements of the new normal market scenario.


The ill-effects of the global pandemic are expected to recover at the end of the first quarter and the beginning of the second quarter in the coming year. Businesses are trying their best to adapt and adjust according to the situation and how they can make the best use of their resources.


Market Dynamics


Drivers


The increasing growth of the mobile security market in the global market is due to the increase in demand for smartphones, tablets, and laptops. Not only this, the increasing use of high-speed internet and the penetration of the Internet of Things (IoT) are the factors that drive the growth of the mobile security market in the global market. The adoption of BYOD in various businesses has also lead to the growth of the mobile security market industry.


Opportunities


The increase in dependency of customers on technology, and the adoption of mobile-based applications which are mostly digital assets management, supply chain analytics, are demanding more security solutions to protect their corporate and personal data have given the growth opportunity to mobile security market in the global market.


Threats


Although the mobile security market is growing at a fast rate in the global market. But it has to face many threats, with an increase in the use of technology in almost everything, cyber-attacks have also increased many times. Also, the initial cost of setting up a mobile security system and its maintenance cost is very high which is not afforded by various small-scale businesses.


Value Chain Analysis


The growth of technology in every field possible, it has made the life of consumers very easier. With the growth and development of the mobile security market, the chances of cyber theft and the cyber attack has also become minimal. They provide a secure line for every transaction base and keeps the personal information, as well as the confidential information of various business units, secure to their best level. The use of multi-factor authentic like biometric verification and two-step verification has also provided a secure base.


Market Segmentation of Mobile Security Market


The mobile security market is divided based on solution, deployment, operating system, end-user, and region.


By solution


The mobile security market is divided based on solutions into multi-factor authentication, data encryption, mobile application management, mobile data protection, and a firewall.


By deployment


The mobile security market is segmented based on deployment into cloud-based and on-premises.


By operating system


The mobile security market is categorized based on the operating system into iOS, blackberry, android, windows, and others.


By end-user


The mobile security market is divided based on end-user into individual users, financial institutions users, retail users, government users, telecom and IT users, education seekers, manufacturing and automotive, and many others.


By region


The mobile security market is segmented based on region into North America, Europe, Asia-Pacific, and the rest of the world.


Regional Analysis


The mobile security market is expected to grow at a high rate in the global market between 2020 and 2023. Across the globe, North America is expected to hold the biggest market share in the mobile security market in countries such as the U.S. and Canada. Europe is also an early adopter of advanced technology as a result it holds the second position in dominating the global market of mobile security because of the advancement in countries like France and Germany. Not only this, these regions have major mobile service providers and mobile security software vendors.


Asia-Pacific region is also growing at a fast rate and making its strong position in the global market. It is because of an increase in the adoption rate of mobile security software by various SMEs and other enterprises. The growth of this region is also possible because of the high concentration of IT hubs and consumer electronics manufacturers in this region. Besides these regions, Latin America and the Middle East, and Africa are also coming forward to hold their market position during the forecasted period.


Competitive Landscape


The major key players in the mobile security market are as follows:



  • Symantec Corporation (U.S.)

  • Microsoft Corporation (U.S.)

  • Google Inc. (U.S.)

  • IBM Corporation (U.S.)

  • AVG Technology (Netherlands)

  • Intel security group(U.S.)

  • Kaspersky Lab (Russia)

  • Apple Inc. (U.S.)

  • Verizon Communication Inc. (U.S.)


To gain a significant share in the mobile security market across the globe, most of the giant key players have adopted software upgrades and advanced technology as their organic strategy. Many have also adopted an inorganic strategy to flourish their business and the number of mergers and acquisitions has increased many folds.


Recent Developments



  • With the boom in the mobile security market, various business giants are advancing their technology to the greatest level. One of them, namely Fortinet acquired enSilo has advanced an endpoint security solution with real-time automated detection and response feature for the protection of mobile endpoints.

  • Another major business giant, Microsoft had also launched its endpoint manager. Under this, both the configuration manager and intune have also introduced along with additional Microsoft services and products. It is specially used by their employees.

  • In 2019, two great business units that are Broadcom and Symantec’s have merged and with the integration of these two players existing solutions, a portfolio would expand significantly by working together. Broadcom is the major provider of semiconductor and infrastructure software.

  • Recently, another business typhoon Trend Micro has launched XGen endpoint security, which will intelligently apply the right solution, which will result in more efficient and effective protection against cyber-attacks.

  • Shortly, Crowdstrike had launched the Falcon Endpoint Protection Platform (EPP) which has a skilled and experienced Falcon endpoint protection team.


Report Overview


The mobile security market research report covers the following:



  • Market Overview

  • COVID 19 Analysis

  • Market Dynamics

  • Value Chain Analysis

  • Market Segmentation

  • Regional Analysis

  • Competitive Landscape

  • Recent developments


This report signifies the mobile security market segments all over the countries. This report also covers the information regarding drive factors, opportunities, and many other things related to the mobile security market. This tells us about the contributing factor in the mobile security market, the global impact of COVID 19, and what is the expected growth of the mobile security market is also estimated and mentioned.


Technology


Artificial Intelligence, blockchain technology, internet of things, 5G wireless technology, EMM and APM, Beacon technology, augmented reality, and many others


Users


Cybersecurity vendors, network solution providers, system integrators, IT service providers, consulting service providers, managed security service providers (MSSPs), government agencies, value-added resellers (VARs), telecom service providers, cloud service providers, and many others.



Frequently Asked Questions (FAQ) :


The market is presumed to scale a valuation of USD 48.85 Bn by 2023.

Increasing use of banking and other financial applications on mobile phones has intensified the need for mobile security to ensure security. This is the primary driving force of the market growth.

Increasing adoption of BYOD makes personal devices more vulnerable to professional hackers. It is supposed to influence the mobile security market positively.

The end-user segments of the market are individual users, retail, government, financial institutions, telecom and IT, manufacturing, education, and automotive and others.

The development of the IT industry in the region is supposed to drive market growth.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Mobile Security Market

5 Industry Overview of Global Mobile Security Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7 Global Mobile Security Market by Solution

7.1 Introduction

7.2 Multi-factor Authentication

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast, by Region, 2020–2027

7.3 Data Encryption

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast, by Region, 2020–2027

7.4 Mobile Application Management

7.4.1 Market Estimates & Forecast, 2020–2027

7.4.2 Market Estimates & Forecast, by Region, 2020–2027

7.5 Mobile Data Protection

7.5.1 Market Estimates & Forecast, 2020–2027

7.5.2 Market Estimates & Forecast, by Region, 2020–2027

7.6 Firewall

7.6.1 Market Estimates & Forecast, 2020–2027

7.6.2 Market Estimates & Forecast, by Region, 2020–2027

8 Global Mobile Security Market by Deployment

8.1 Introduction

8.2 Cloud

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast, by Region, 2020–2027

8.3 On-Premises

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast, by Region, 2020–2027

9 Global Mobile Security Market by Operating System

9.1 Introduction

9.2 iOS

9.2.1 Market Estimates & Forecast, 2020–2027

9.2.2 Market Estimates & Forecast, by Region, 2020–2027

9.3 Blackberry

9.3.1 Market Estimates & Forecast, 2020–2027

9.3.2 Market Estimates & Forecast, by Region, 2020–2027

9.4 Android

9.4.1 Market Estimates & Forecast, 2020–2027

9.4.2 Market Estimates & Forecast, by Region, 2020–2027

9.5 Windows

9.5.1 Market Estimates & Forecast, 2020–2027

9.5.2 Market Estimates & Forecast, by Region, 2020–2027

9.6 Others

9.6.1 Market Estimates & Forecast, 2020–2027

9.6.2 Market Estimates & Forecast, by Region, 2020–2027

10 Global Mobile Security Market by End-User

10.1 Introduction

10.2 Individual Users

10.2.1 Market Estimates & Forecast, 2020–2027

10.2.2 Market Estimates & Forecast, by Region, 2020–2027

10.3 Financial Institutions

10.3.1 Market Estimates & Forecast, 2020–2027

10.3.2 Market Estimates & Forecast, by Region, 2020–2027

10.4 Retail

10.4.1 Market Estimates & Forecast, 2020–2027

10.4.2 Market Estimates & Forecast, by Region, 2020–2027

10.5 Government

10.5.1 Market Estimates & Forecast, 2020–2027

10.5.2 Market Estimates & Forecast, by Region, 2020–2027

10.6 Telecom and IT

10.6.1 Market Estimates & Forecast, 2020–2027

10.6.2 Market Estimates & Forecast, by Region, 2020–2027

10.7 Education

10.7.1 Market Estimates & Forecast, 2020–2027

10.7.2 Market Estimates & Forecast, by Region, 2020–2027

10.8 Manufacturing and Automotive

10.8.1 Market Estimates & Forecast, 2020–2027

10.8.2 Market Estimates & Forecast, by Region, 2020–2027

10.9 Others

10.9.1 Market Estimates & Forecast, 2020–2027

10.9.2 Market Estimates & Forecast, by Region, 2020–2027

11. Global Mobile Security Market by Region

11.1 Introduction

11.2 North America

11.2.1 Market Estimates & Forecast, by Country, 2020–2027

11.2.2 Market Estimates & Forecast, by Solution, 2020–2027

11.2.3 Market Estimates & Forecast, by Deployment, 2020–2027

11.2.4 Market Estimates & Forecast, by Operating System, 2020–2027

11.2.5 Market Estimates & Forecast, by End-User, 2020–2027

11.2.6 US

11.2.6.1 Market Estimates & Forecast, by Solution, 2020–2027

11.2.6.2 Market Estimates & Forecast, by Deployment, 2020–2027

11.2.6.3 Market Estimates & Forecast, by Operating System, 2020–2027

11.2.6.4 Market Estimates & Forecast, by End-User, 2020–2027

11.2.7 Canada

11.2.7.1 Market Estimates & Forecast, by Solution, 2020–2027

11.2.7.2 Market Estimates & Forecast, by Deployment, 2020–2027

11.2.7.3 Market Estimates & Forecast, by Operating System, 2020–2027

11.2.7.4 Market Estimates & Forecast, by End-User, 2020–2027

11.2.8 Mexico

11.2.8.1 Market Estimates & Forecast, by Solution, 2020–2027

11.2.8.2 Market Estimates & Forecast, by Deployment, 2020–2027

11.2.8.3 Market Estimates & Forecast, by Operating System, 2020–2027

11.2.8.4 Market Estimates & Forecast, by End-User, 2020–2027

11.3 Europe

11.3.1 Market Estimates & Forecast, Country, 2020–2027

11.3.2 Market Estimates & Forecast, by Solution, 2020–2027

11.3.3 Market Estimates & Forecast, by Deployment, 2020–2027

11.3.4 Market Estimates & Forecast, by Operating System, 2020–2027

11.3.5 Market Estimates & Forecast, by End-User, 2020–2027

11.3.6 Germany

11.3.6.1 Market Estimates & Forecast, by Solution, 2020–2027

11.3.6.2 Market Estimates & Forecast, by Deployment, 2020–2027

11.3.6.3 Market Estimates & Forecast, by Operating System, 2020–2027

11.3.6.4 Market Estimates & Forecast, by End-User, 2020–2027

11.3.7 France

11.3.7.1 Market Estimates & Forecast, by Solution, 2020–2027

11.3.7.2 Market Estimates & Forecast, by Deployment, 2020–2027

11.3.7.3 Market Estimates & Forecast, by Operating System, 2020–2027

11.3.7.4 Market Estimates & Forecast, by End-User, 2020–2027

11.3.8 Italy

11.3.8.1 Market Estimates & Forecast, by Solution, 2020–2027

11.3.8.2 Market Estimates & Forecast, by Deployment, 2020–2027

11.3.8.3 Market Estimates & Forecast, by Operating System, 2020–2027

11.3.8.4 Market Estimates & Forecast, by End-User, 2020–2027

11.3.9 Spain

11.3.9.1 Market Estimates & Forecast, by Solution, 2020–2027

11.3.9.2 Market Estimates & Forecast, by Deployment 2020–2027

11.3.9.3 Market Estimates & Forecast, by Operating System, 2020–2027

11.3.9.4 Market Estimates & Forecast, by End-User, 2020–2027

11.3.10 UK

11.3.10.1 Market Estimates & Forecast, by Solution, 2020–2027

11.3.10.2 Market Estimates & Forecast, by Deployment, 2020–2027

11.3.10.3 Market Estimates & Forecast by Operating System, 2020–2027

11.3.10.4 Market Estimates & Forecast, by End-User, 2020–2027

11.4 Asia-Pacific

11.4.1 Market Estimates & Forecast, by Country, 2020–2027

11.4.2 Market Estimates & Forecast, by Solution, 2020–2027

11.4.3 Market Estimates & Forecast, by Deployment, 2020–2027

11.4.4 Market Estimates & Forecast, by Operating System, 2020–2027

11.4.5 Market Estimates & Forecast, by End-User, 2020–2027

11.4.6 China

11.4.6.1 Market Estimates & Forecast, by Solution, 2020–2027

11.4.6.2 Market Estimates & Forecast, by Deployment, 2020–2027

11.4.6.3 Market Estimates & Forecast, by Operating System, 2020–2027

11.4.6.4 Market Estimates & Forecast, by End-User, 2020–2027

11.4.7 India

11.4.7.1 Market Estimates & Forecast, by Solution, 2020–2027

11.4.7.2 Market Estimates & Forecast, by Deployment, 2020–2027

11.4.7.3 Market Estimates & Forecast, by Operating System, 2020–2027

11.4.7.4 Market Estimates & Forecast, by End-User, 2020–2027

11.4.8 Japan

11.4.8.1 Market Estimates & Forecast, by Solution, 2020–2027

11.4.8.2 Market Estimates & Forecast, by Deployment, 2020–2027

11.4.8.3 Market Estimates & Forecast, by Operating System, 2020–2027

11.4.8.4 Market Estimates & Forecast, by End-User, 2020–2027

11.4.9 Rest of Asia-Pacific

11.4.9.1 Market Estimates & Forecast, by Solution, 2020–2027

11.4.9.2 Market Estimates & Forecast, by Deployment, 2020–2027

11.4.9.3 Market Estimates & Forecast, by Operating System, 2020–2027

11.4.9.4 Market Estimates & Forecast, by End-User, 2020–2027

11.5 Rest of the World

11.5.1 Market Estimates & Forecast, Country, 2020–2027

11.5.2 Market Estimates & Forecast, by Solution, 2020–2027

11.5.3 Market Estimates & Forecast, by Deployment, 2020–2027

11.5.4 Market Estimates & Forecast, by Operating System, 2020–2027

11.5.5 Market Estimates & Forecast, by End-User, 2020–2027

11.5.6 Middle East & Africa

11.5.6.1 Market Estimates & Forecast, by Solution, 2020–2027

11.5.6.2 Market Estimates & Forecast, by Deployment, 2020–2027

11.5.6.3 Market Estimates & Forecast, by Operating System, 2020–2027

11.5.6.4 Market Estimates & Forecast, by End-User, 2020–2027

11.5.7 Latin America

11.5.7.1 Market Estimates & Forecast, by Solution, 2020–2027

11.5.7.2 Market Estimates & Forecast, by Deployment, 2020–2027

11.5.7.3 Market Estimates & Forecast, by Operating System, 2020–2027

11.5.7.4 Market Estimates & Forecast, by End-User, 2020–2027

12 Company Landscape

13 Company Profiles

13.1 Symantec Corporation

13.1.1 Company Overview

13.1.2 Product/Business Segment Overview

13.1.3 Financial Updates

13.1.4 Key Developments

13.2 Microsoft corporation

13.2.1 Company Overview

13.2.2 Product/Business Segment Overview

13.2.3 Financial Updates

13.2.4 Key Developments

13.3 Google Inc.

13.3.1 Company Overview

13.3.2 Product/Business Segment Overview

13.3.3 Financial Updates

13.3.4 Key Developments

13.4 IBM Corporation

13.4.1 Company Overview

13.4.2 Product/Business Segment Overview

13.4.3 Financial Updates

13.4.4 Key Developments

13.5 AVG Technologies

13.5.1 Company Overview

13.5.2 Product/Business Segment Overview

13.5.3 Financial Updates

13.5.4 Key Developments

13.6 Intel security group

13.6.1 Company Overview

13.6.2 Product/Business Segment Overview

13.6.3 Financial Updates

13.6.4 Key Developments

13.7 Kaspersky Lab

13.7.1 Company Overview

13.7.2 Product/Business Segment Overview

13.7.3 Financial Updates

13.7.4 Key Developments

13.8 Apple Inc.

13.8.1 Company Overview

13.8.2 Product/Business Segment Overview

13.8.3 Financial Updates

13.8.4 Key Developments

13.9 AT&T Inc.

13.9.1 Company Overview

13.9.2 Product/Business Segment Overview

13.9.3 Financial Updates

13.9.4 Key Developments

13.10 Verizon Communication Inc.

13.10.1 Company Overview

13.10.2 Product/Business Segment Overview

13.10.3 Financial Updates

13.10.4 Key Developments

14 Conclusion

LIST OF TABLES

Table 1 Global Mobile Security Market, by Region, 2020–2027

Table 2 North America: Mobile Security Market, by Country, 2020–2027

Table 3 Europe: Mobile Security Market, by Country, 2020–2027

Table 4 Asia-Pacific: Mobile Security Market, by Country, 2020–2027

Table 5 Middle East & Africa: Mobile Security Market, by Country, 2020–2027

Table 6 Latin America: Mobile Security Market, by Country, 2020–2027

Table 7 Global Mobile Security Solution Market, by Region, 2020–2027

Table 8 North America: Mobile Security Solution Market, by Country, 2020–2027

Table 9 Europe: Mobile Security Solution Market, by Country, 2020–2027

Table10 Asia-Pacific: Mobile Security Solution Market, by Country, 2020–2027

Table11 Middle East & Africa: Mobile Security Solution Market, by Country, 2020–2027

Table12 Latin America: Mobile Security Solution Market, by Country, 2020–2027

Table13 Global Mobile Security Deployment Market, by Region, 2020–2027

Table14 North America: Mobile Security Deployment Market, by Country, 2020–2027

Table15 Europe: Mobile Security Deployment Market, by Country, 2020–2027

Table16 Asia-Pacific: Mobile Security Deployment Market, by Country, 2020–2027

Table17 Middle East & Africa: Mobile Security Deployment Market, by Country, 2020–2027

Table18 Latin America: Mobile Security Deployment Market, by Country, 2020–2027

Table19 Global Mobile Security Operating System Market, by Region, 2020–2027

Table20 North America: Mobile Security Operating System Market, by Country, 2020–2027

Table21 Europe: Mobile Security Operating System Market, by Country, 2020–2027

Table22 Asia-Pacific: Mobile Security Operating System Market, by Country, 2020–2027

Table23 Middle East & Africa: Mobile Security Operating System Market, by Country, 2020–2027

Table24 Latin America: Mobile Security Operating System Market, by Country, 2020–2027

Table25 Global Mobile Security End-User Market, by Region, 2020–2027

Table26 North America: Mobile Security End-User Market, by Country, 2020–2027

Table27 Europe: Mobile Security End-User Market, by Country, 2020–2027

Table28 Asia-Pacific: Mobile Security End-User Market, by Country, 2020–2027

Table29 Middle East & Africa: Mobile Security End-User Market, by Country, 2020–2027

Table30 Latin America: Mobile Security End-User Market, by Country, 2020–2027

Table31 North America: Mobile Security Market, by Country

Table32 North America: Mobile Security Market, by Solution

Table33 North America: Mobile Security Market, by Deployment

Table34 North America: Mobile Security Market, by Operating System

Table35 North America: Mobile Security Market, by End-User

Table36 Europe: Mobile Security Market, by Country

Table37 Europe: Mobile Security Market, by Solution

Table38 Europe: Mobile Security Market, by Deployment

Table39 Europe: Mobile Security Market, by Operating System

Table40 Middle East & Africa: Mobile Security Market, by End-User

Table41 Asia-Pacific: Mobile Security Market, by Country

Table42 Asia-Pacific: Mobile Security Market, by Solution

Table43 Asia-Pacific: Mobile Security Market, by Deployment

Table44 Asia-Pacific: Mobile Security Market, by Operating System

Table45 Asia-Pacific: Mobile Security Market, by End-User

Table46 Middle East & Africa: Mobile Security Market, by Country

Table47 Middle East & Africa: Mobile Security Market, by Solution

Table48 Middle East & Africa: Mobile Security Market, by Deployment

Table49 Middle East & Africa: Mobile Security Market, by Operating System

Table50 Middle East & Africa: Mobile Security Market, by End-User

Table51 Latin America: Mobile Security Market, by Country

Table52 Latin America: Mobile Security Market, by Solution

Table53 Latin America: Mobile Security Market, by Deployment

Table54 Latin America: Mobile Security Market, by Operating System

Table55 Latin America: Mobile Security Market, by End-User

LIST OF FIGURES

FIGURE 1 Global Mobile Security Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Mobile Security Market

FIGURE 4 Value Chain of Global Mobile Security Market

FIGURE 5 Share of Global Mobile Security Market in 2020, by Country (in %)

FIGURE 6 Global Mobile Security Market, 2020–2027

FIGURE 7 Global Mobile Security Market Size, by Solution, 2020

FIGURE 8 Share of Global Mobile Security Market, by Solution, 2020 to 2027

FIGURE 9 Global Mobile Security Market Size, by Deployment, 2020

FIGURE 10 Share of Global Mobile Security Market, by Deployment, 2020 to 2027

FIGURE 11 Global Mobile Security Market Size, by Operating System, 2020 to 2027

FIGURE 12 Share of Global Mobile Security Market, by Operating System, 2020 to 2027

FIGURE 13 Global Mobile Security Market Size, by End-User, 2020 to 2027

FIGURE 14 Share of Global Mobile Security Market, by End-User, 2020 to 2027