TechNavio recognizes the following companies as the key players in the Global Mobile Security Market: McAfee Inc., Cisco Systems Inc., Symantec Corp., and AVG Technologies N.V.
Commenting on the report, an analyst from TechNavio’s IT Security team said: ”As a result of the growing adoption of enterprise mobility services, organizations are changing their device procurement process. Earlier, companies had very strict procurement policies for mobile devices to ensure data security and to make sure these devices could be integrated with the existing IT infrastructure. However, enterprises are currently following the BYOD policy, which allows employees to use their own mobile devices for personal and professional purposes. As the BYOD policy will help in reducing enterprise spending on communication devices and their overall cost, the adoption of the BYOD policy is increasing. As critical data has to be accessed and used in personal devices, high security is required. Hence, it will support the growth of the Global Mobile Security market.”
According to the report, one of the major drivers in this market is the growing popularity of smartphones and tablets. The shipment of smartphones and tablets has increased significantly over the years. Along with the growing network infrastructure and mobile connectivity, the use of mobile devices for personal and professional use is expected to increase. As a result, the demand for mobile security services will also increase.
Further, the report states that one such challenge is the increasing complexity of mobile devices. As technology is advancing, OEMs are developing sophisticated mobile devices which have the capabilities of a computer. This has increased the chances of threats as the hackers are developing viruses, malware, and trojans to extract data from such devices. This is leading to outdated advanced security solutions, and hence is making the end-users hesitant to install security solutions.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Avasta Software B.V., Echoworx Corp., F-Secure OYJ, Fiberlink Communications Corp., Fixmo Inc., Kaspersky Lab Inc., Mobile Active Defense LLC, NetQin Mobile Inc., Odyssey Software Inc., and Trend Micro Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-mobile-security-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our IT Security market research, please visit https://www.technavio.com/it-security
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TechNavio Announces the Publication of its Research Report – Global Mobile Security Market 2012-2016
