Dublin, Nov. 17, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/wqgjsn/global_mobile) has announced the addition of the "Global Mobile Security Market 2014-2018" report to their offering.
The Global Mobile Security market to grow at a CAGR of 38.3% over the period 2013-2018.
The protection of smartphones, tablets, laptops, and the networks they connect to from threats and vulnerabilities associated with wireless computing is known as mobile security. The consequences of a malicious third-party gaining access to personal financial information could be disastrous and irreparable. There are three main targets for threats: information, identity, and availability. The threats to mobile devices are malware, loss and thefts, communication interception, and exploitation and misconduct. These threats exploit weaknesses related to smartphones that can come from means of communication. Different security counter-measures are being developed and applied to mobile devices, from the dissemination of information to end-users to the security in different layers of software.
Global Mobile Security Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region, Europe, the MEA region, North America and South America; it also covers the Global Mobile Security market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated from the sales of mobile security solutions.
Increased adoption of the Bring Your Own Device policy is one of the major trends driving the market. Most enterprises are adopting the BYOD concept. The implementation of the BYOD policy helps enterprises reduce expenditure on communication devices, thus reducing overall costs.
According to the report, the growth of the Global Mobile Security market is predominantly driven by the high adoption of advanced mobile devices. This is increasing the demand for mobile security. . The number of unit shipments of smartphones, tablets, and portable PCs have increased significantly, and this growth is expected to continue during the forecast period. The demand for mobile security has increased with growing adoption of advanced mobile devices.
Further, the report states that one of the major challenges that hinder the market's growth is the risk of the obsolescence of security solutions. New threats and attacks render existing security solutions outdated in very little time. End-users are reluctant to invest in mobile security solutions because of the increased pace at which they can become outdated because of the entry of new and more advanced security threats.
Key Vendors
- AVG Technologies
- Kaspersky Lab
- McAfee
- Symantec
Other Prominent Vendors
- AegisLab
- Apple
- AT&T
- Avast
- Bitdefender
- BullGuard
- Fortinet
- F-Secure
- Juniper
- Microsoft
- Motorola
- Nokia
- Orange Telecom
- Quick Heal
- Research In Motion
- Sophos
- Sprint Nextel
- T-Mobile USA
- Telefonica
- Trend Micro
- Verizon Communication
- Vodafone
For more information visit http://www.researchandmarkets.com/research/wqgjsn/global_mobile