Mobile Security Market size is expected to grow by 19.4% from 2024
Open PR – MAXIMIZE MARKET RESEARCH PVT. LTD
The Mobile Security Market is expected to experience significant growth from 2024 to 2030, with a projected CAGR of 19.4%, reaching nearly USD 44.01 billion by 2030) In 2023, the market size was USD 12.72 billion
Key points:
1) North America accounted for the largest revenue in the Mobile Security Market in 2023, with regional acceptance projected to grow at a satisfactory rate due to increasing expenditure on IT security products among organizations.
2) Asia Pacific is expected to register a robust CAGR during the forecast period, as the region develops a strong cyber-defense plan to guard against attacks resulting from data breaches and thefts.
3) The rise in the usage of smartphones, tablets, laptops, and other portable devices for both personal and business use is one of the main factors affecting the Mobile Security Industry.
4) The shift from face-to-face interaction to remote employee engagement has become the new norm for HR, with more than 80% of HR managers acknowledging the growing difficulty in finding workers who can commit to full-time office attendance.
5) The Global Mobile Security Market is segmented by Offerings (Solutions and Services), Operation System (IOS, Android, and Windows), End-user (Personal Users and Business Users), and Industry Vertical (BFSI, Telecom & IT, Retail, Healthcare, Government & Defense, Manufacturing, and Others).
6) Key players in the Global Mobile Security Market include Apple Inc., Intel Security (McAfee), Symantec Corporation, VMware, Inc., Microsoft Corporation, Citrix Systems, Inc., innoPath Software, Google, and MobileIron
The growth in the Mobile Security Market is driven by the increasing adoption of mobile devices for personal and business use, the need for strong cyber-defense measures, and the shift towards remote work
The market presents opportunities for key players to develop innovative security solutions across various industry verticals.
Link: https://www.openpr.com/news/3620222/mobile-security-market-size-is-expected-to-grow-by-19-4-from-2024