The global mobile security market size is likely to gain momentum by exhibiting a promising 14.6% CAGR between 2020 and 2027. This is ascribable to factors such as increasing adoption of advanced mobility solutions and increasing cyberattack incidents across the globe.
Enterprise mobility solutions ensure that organizations enable employees to adopt secure mobile devices. In addition to this, it involves securing corporate data present in the mobile devices of the employees to prevent data theft and economic loss. Furthermore, the emergence of technologies such as internet of things (IoT) and machine learning is enabling the enterprises to promote enterprise mobility among its employees. According to a report by the Soti, Inc., about three fourth of the employees in the United States are expected to be introduced to the mobility working environment in the forthcoming years. Moreover, increasing the risk of cyberattacks and malware is expected to drive the demand for the global mobile security market during the projected horizon.
The market report includes an exhaustive study of several factors such as drivers, restraints, challenges, and opportunities that will affect the growth of the market in the forthcoming years. The report covers regional demographics that include qualitative and quantitative information about the regions that are further divided into nations that are contributing to the growth of the market between 2020 and 2027. Furthermore, the competitive landscape has been discussed in-depth that include information of several players operating in the market. Moreover, information on the adoption of strategies such as merger and acquisition, collaboration, partnerships, and joint ventures by the companies that will drive the growth of the market has been included during the projected horizon.
November 2019- Google LLC and Zimperium partnered for ensuring the safety of applications present on the google play store. Zimperium patented machine learning-based Z9 technology will be used to detect and stop harmful applications on google play store. The partnership is expected to protect google play store users from application malware attacks.
September 2019- F-Secure, a Finnish cyber security firm, announced its launch of consultancy services across 11 different locations spread across four continents of the world. According to the company, the primary aim of their consultancy services is to defend cyber attacks for the organization by adopting emerging technologies.
List of the Companies Operating in the Market:
• Microsoft Corporation (New Mexico, United States)
• Google LLC (California, United States)
• IBM Corporation (New York, United States)
• Lookout, Inc. (California, United States)
• Apple, Inc. (California, United States)
• Kaspersky Lab (Moscow, Russia)
• Intel Corporation (California, United States)
• VMware, Inc. (California, United States)
• AVG Technologies (Prague, Czech Republic)
• Symantec Corporation (Arizona, United States)