The Mobile Security Market in Latin America Will See Strong Growth through 2019, says Technavio

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London, 05 June 2015 – Technavio has published a new report on the mobile security market in Latin America, which is expected to grow at a CAGR of nearly 32% from 2015-2019.

About the Report

The latest industry analysis report by Technavio highlights the adoption of BYOD policies in workplaces across Latin America, which allows employees to use their personal mobile devices for work. This has increased the demand for uninterrupted connectivity between a corporate network and its employees’ mobile devices.

“Mobile devices are not secure, and it is easy for hackers to gain unauthorized access to firewalls, VPN and corporate networks. This can lead to fraudulent activities and the misuse of business-critical data. Therefore, the increased need to protect data has boosted the demand for mobile security,” says Faisal Ghaus, Vice President of Technavio.

The latest market research report by Technavio also emphasizes advances in technology that are compelling vendors to offer SaaS-based mobile security solutions to customers. Hence, they opt for SaaS-based security solutions that are cost-effective, offer a prompt response to security threats and provide round-the-clock system monitoring.

Market Scope and Calculation of Market Size

The new Technavio report covers the present scenario and growth prospects of the mobile security market in Latin America from 2015-2019. To calculate the market size, the analyst considers the revenue generated from the sales of mobile security solutions in Latin America.

Key Information Covered in the Report:

Key Vendors:

  • Cisco Systems Inc.
  • Kaspersky Lab ZAO
  • McAfee Inc.

Market Growth Drivers:

  • Increased Usage of Mobile Devices
  • For a full detailed list, view our report.

Market Challenges:

  • Obsolescence of Security Solutions
  • For a full detailed list, view our report.

Market Trends:

  • Popularity of SaaS-based Mobile Security Solutions
  • For a full detailed list, view our report.

https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….