The mobile security market size is expected to grow from USD 1.75 Billion in 2017 to USD 6.75 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 25.7%.
The report "Mobile Security Software Market” (Mobile Identity Management, Mobile Data Protection, MDM, Mobile VPN, and MAM), Service (Implementation, Training and Support, Consulting, and Managed Services), Deployment Type, Vertical, and Region - Global Forecast to 2022",
The mobile security software and services help offer protection in the mobile environment from advanced threats and risks, such as malwares, viruses, network spoofing, phishing, unsecure connection of devices to public networks, and ineffective corporate data security policies. Moreover, the increasing demand from Small and Medium-Sized Enterprises (SMEs) operating across diverse industry verticals and regions is expected to drive the market growth during the forecast period.
The mobile VPN segment is projected to grow at the highest CAGR during the forecast period.The proliferation of mobile devices, Bring Your Own Device (BYOD) and Internet of Things (IoT) trends, and the advanced mobile threats across enterprises has increased the need for advanced mobile security software.
The rise in vulnerability on mobile applications in the Banking, Financial Services, and Insurance (BFSI), healthcare, government, and telecom sectors are expected to trigger the growth of the mobile security market.
The mobile data protection segment is expected to have the largest market share and dominate the mobile security market from 2017 to 2022, as mobile data protection software offers advanced protection of data, along with timely generation alerts and compliance reports.
This report focuses on the top players in global market:-
Major regions are as follows:
Market segment by Application, Mobile Security Software can be split into
Mobile Identity Management,
Mobile Data Protection,
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