Overview
The Global Mobile Security Software Market is expected to reach USD 29,427 Million by 2024, growing at a CAGR of 14.1% during the forecast period (2019–2024).
Bring your own device (BYOD) is a practice of allowing employees in any organization to use their personal devices such as laptops, smartphones, and tablets for professional purposes. The growing trend of bring your own device (BYOD) is seen owing to the flexibility and increase workforce mobility and reduced hardware and infrastructure costs. However, the adoption of BYOD brings security-related issues as the leakage of private information from unprotected and unmanaged devices. Personal devices may lack data encryption capabilities or malware that are vulnerable to attack from online threats, thus increasing the risks of data loss or exposure. The safety of these devices from malware and other cyberattacks can be mitigated by the use of proper mobile security solutions. Therefore, the growing trend of bring your own device (BYOD) is expected to drive the growth of mobile security software during the forecast period.
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Segmental Analysis
The Global Mobile Security Software Market has been segmented on the basis of type and region.
The global mobile security software market has been segmented into six types—mobile identity management, mobile data security, security as a service, mobile device security, mobile virtual private networks, and email spam blocking. The mobile device security segment accounted for the largest market share of 30.6% in 2018, with a market value of USD 4,358.3 million; it is expected to register a CAGR of 10.2% during the forecast period. Mobile device security protects all mobile devices (smartphones, notebooks, tablets) from cyberattacks. The software helps in blocking malware and other advanced threats, such as unauthorized network accessibility, on various mobile devices. This is done with the help of cloud-based software that has the capability to efficiently perform inspection and malware analysis on such devices. Mobile device security helps enterprises to efficiently protect their network from data loss and malware attacks. These mobile device security services have several capabilities including web filtering and malware protection, real-time reporting, and anti-virus scanning. However, the mobile data security segment is expected to register the highest CAGR of 19.2%. Mobile data security offers security to data by easily providing configure actions such as encryption, visual masking, and data loss prevention. The solution helps in protecting sensitive data stored in the smartphone, tablets, or laptops even when these devices are used in unsecured networks. The software suite also helps in meeting various compliance requirements, such as GDPR and HIPAA.
Competitive Analysis
The Prominent Players operating in the Global Mobile Security Software Market are F-Secure Corporation (Finland), Citrix Systems, Inc. (US), Kaspersky Lab (Russia), AVG Technologies (Czech Republic), Sophos Group PLC (UK), Apple Inc. (US), Intel Security (US), Symantec Corporation (US), VMware, Inc. (US), and Microsoft Corporation (US).
Regional Analysis
By region, the mobile security software market has been divided into North America, Europe, China, India, Japan, the Middle East & Africa, and South America.
North America is expected to be the largest market for mobile security software during the forecast period. The increasing number of mobile employees in the region and the growing BYOD trend in enterprises are the leading factors fueling the demand for mobile security software solutions. Also, the growing instances of cyberattacks have led to several security issues, and therefore, enterprises are looking for comprehensive solutions to mitigate the growing number of cyber threats.
According to MRFR, India is expected to register the highest CAGR for the mobile security software market during the forecast period. This is attributable to the increasing mobile workspace and their growing dependence on personal devices for work. Also, the adoption of flexible workspace policy in the country is another key factor contributing to the growth of the market.
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Device security in every form is an essential part of modern-day businesses today, especially with the rise of mobile devices.
Since data has become one of the most important entities, business organizations need to ensure that all their mobile devices are secured.Read More: Why Does Mobile Security Matter of Businesses Today?
The Global Software-Defined Security Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on component, enforcement point, solution, service, deployment mode and end-user.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Leading Segment in this market:By Enforcement Point – Network Security GatewaysBy Solution – Control Automation and Orchestration SolutionBy Geography – North AmericaFinal Report will cover the impact of COVID-19 on this industry.Browse the complete Global Software-Defined Security Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/10539-software-defined-security-market-reportThe report also covers the complete competitive landscape of the worldwide market with company profiles of key players such as:Check Point Software Technologies Ltd.Cisco Systems, Inc.EMC CorporationFortinet, Inc.Intel CorporationJuniper Networks, Inc.Palo Alto NetworksSymantec CorporationVMware, Inc.A detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Component:SolutionsServicesBy Enforcement Point:Application and Mobile Device SecurityVirtual Machines (VMs)/Server/Storage SecurityNetwork Security GatewaysOthers (Cloud, Database, and Web)By Solution:Security SoftwareControl Automation and Orchestration SolutionSecurity Compliance and Policy ManagementPerformance Management and ReportingBy Service:Support and MaintenanceTraining and EducationIntegration and TestingConsultingBy Deployment Mode:CloudOn PremiseBy End User:Telecom Service ProvidersCloud Service ProvidersEnterprisesBy Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Latin America (LA)Middle East & Africa (MEA)Download Free Sample Report of Global Software-Defined Security Market @ https://www.decisiondatabases.com/contact/download-sample-10539The Global Software-Defined Security Market has been exhibited in detail in the following some chapters –Chapter 1 Software-Defined Security Market PrefaceChapter 2 Executive SummaryChapter 3 Software-Defined Security Industry AnalysisChapter 4 Software-Defined Security Market Value Chain AnalysisChapter 5 Software-Defined Security Market Analysis By ComponentChapter 6 Software-Defined Security Market Analysis By Enforcement PointChapter 7 Software-Defined Security Market Analysis By SolutionChapter 8 Software-Defined Security Market Analysis By ServiceChapter 9 Software-Defined Security Market Analysis By Deployment ModeChapter 10 Software-Defined Security Market Analysis By End UserChapter 11 Software-Defined Security Market Analysis By GeographyChapter 12 Competitive Landscape Of Software-Defined Security CompaniesChapter 13 Company Profiles Of Software-Defined Security IndustryPurchase the complete Global Software-Defined Security Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-10539Other Reports by DecisionDatabases.com:Global Adaptive Security Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Physical Security Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Corporate Web Security Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
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Global Payment Security Market, By Component (Solutions, Services), By Organization Sizes (Small Scale Organization, Large Scale Organizations), By End-Users (BFSI, Healthcare, IT and telecom, Travel and hospitality) - Forecast 2023Market HighlightThe global payment security market is expected to witness a high growth in the coming years.
The payment security system is growing with the increasing numbers of e-Commerce and m-commerce transactions.
The online payment transactions is using digital signatures to ensure authentication of transactions.
While, Secure Sockets Layer is the most commonly used protocol across the industry as it meets the security requirement such as authentication, encryption, integrity, non-reputability.The Global Payment Security Market is growing rapidly over ~17% of CAGR and is expected to reach approximately USD~ 27 Billion by the end of forecast period.Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report.
Avail the in-depth table of content TOC & market synopsis on “The Payment Security Market Research Report -Forecast to 2023”.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/3987Market SegmentationThe Payment Security Market has been segmented on the basis of component, organization size, end- users, and region.
The payment security has wide range of applications across several industries such as banking and financial sector, media and entertainment and others.
