Skip to main content

Global Mobile Security Market to Project Significant Growth as Mobile Payments Increase

Inkwood Research estimates that the Global Mobile Security Market is expected to record a CAGR of 13.88% in terms of revenue during the forecasting years of 2021-2028.

“Browse 59 Market Data Tables and 53 Figures spread over 119 Pages, along with an in-depth TOC on the Global Mobile Security Market Forecast 2021-2028.”

REQUEST CUSTOMIZATION LINK - https://www.inkwoodresearch.com/request-for-custom-report/

REQUEST FREE SAMPLE LINK - https://www.inkwoodresearch.com/reports/mobile-security-market/#request-free-sample

VIEW TABLE OF CONTENT LINK - https://www.inkwoodresearch.com/reports/mobile-security-market/#table-of-contents

BUY NOW- https://www.inkwoodresearch.com/reports/mobile-security-market/

Mobile security is characterized by the protection of laptops, smartphones, and tablets, in addition to numerous other portable computing devices. It also includes the networks these gadgets are connected to, therefore protecting them from risks, threats, and vulnerabilities associated with wireless computing. 

Surging Number of Mobile Payments Expected to Fuel Market Growth

Presently, payment systems do not comprise particular recommendations, in terms of accepting payments via consumer mobile devices. The expansion and extent of mobile devices, like smartphones and laptops, harbor the potential to expand the payment ecosystem, while also including device manufacturers and mobile operators in the mix. As a result, multiple payments approaches, such as cloud or phone payment, present new challenges for data security. 

Moreover, conventional card payment methods can be substituted by intermediaries, like Trusted Service Managers (TSMs), offering over-the-air delivery competencies to mobile devices. TSM represents the intermediary between a third party and mobile network operators (MNO). Further, the authentication is verified through a separate chip, termed, secure element (SE).



To know more about this report, request a free sample copy.

Enterprises Segment Dominated the End-User Category in 2020

Enterprises such as retail, financial institutions, government, manufacturing and automotive, education, telecommunication, and information technology (IT), defense and intelligence, aerospace, and healthcare are adopting mobile security solutions, in order to protect their data and enhance productivity. Enterprise users require security solutions that safeguard individual data files and documents, while enabling users to maintain productivity and collaborate securely. Several companies that adopt bring your own device (BYOD), need software solutions that offer mobile users the applications they need, to work efficiently. As a result, enterprises use mobile security, as per their requirements, thereby positively influencing the market growth.

North America to Garner the Highest Market Share by End of Forecast Period

Factors such as the digitization of payments, the variety of choices that the mobile payment landscape offers, the increased prevalence of improved technologies, such as digital wallets and wireless payments, are attributed to North America’s significant revenue share. Moreover, the increased threat to data privacy across the region also plays an essential role in driving the North America mobile security market growth.

Online security solutions provided by companies to individual users are relatively cost-effective, thereby facilitating market penetration. Additionally, solution providers also offer trial versions of data production, application management services, and malware reduction. As a result, competitive rivalry is expected to be high across the global mobile security market.

Some of the distinguished companies operating in the market are, International Business Machines Corporation, Blackberry Limited, Microsoft Corporation, Apple Inc, Samsung Electronics Co Ltd, etc.

About Inkwood Research

Inkwood Research specializes in syndicated & customized research reports and consulting services. Market intelligence studies with relevant fact-based research are customized across industry verticals such as technology, automotive, chemicals, materials, healthcare, and energy, with an objective comprehension that acknowledges the business environments. Our geographical analysis comprises of North & South America, CEE, CIS, Middle East, Europe, Asia, and Africa.

Contact Us

https://www.inkwoodresearch.com

sales@inkwoodresearch.com

+1 857-302-4704

Related Reports:

GLOBAL CYBER SECURITY MARKET

GLOBAL ADAPTIVE SECURITY MARKET

GLOBAL SECURITY TESTING MARKET

GLOBAL FACIAL RECOGNITION

 

 

 

Comments

Popular posts from this blog

Global Bug Tracking Software Market is Propelling at 9.84% of Growth Rate throughout 2020-2028

According to a new market research report published by Inkwood Research, the Global Bug Tracking Software Market is anticipated to reach at 9.84% during the forecast period. "Browse 39 market Data Tables and 39 Figures spread over 140 Pages, along with an in-depth TOC on Global Bug Tracking Software Market Forecast 2020-2028". REQUEST FREE SAMPLE LINK - https://www.inkwoodresearch.com/reports/global-bug-tracking-software-market/#request-free-sample A bug is an error or a defect in a program or the entire computer system, resulting in an unpredicted and invalid outcome. The global bug tracking software market refers to a tool, which identifies, report and supervises data on bugs, which occur in software. This tool enables several functionalities, including backlog management, defects tracking, task management, issue tracking, workflow management, and ticket management. Surging Investments in ICT is driving the Bug Tracking Software Market Globally Infor

Fast-Paced Industrial Automation favorable to the Global Soft Robotics Market Growth

According to the estimations put forth by Inkwood Research, the Global Soft Robotics Market is anticipated to register a CAGR of 27.80% in terms of revenue during the forecasting period of 2021-2028. “Browse 35 Market Data Tables and 57 Figures spread over 214 Pages, along with an in-depth TOC on the Global Soft Robotics Market Forecast 2021-2028.” To know more about this report, request a free sample copy. Soft robotics is made from materials with mechanical properties as that of living tissues. They are manufactured and designed in innovative ways. These enable them to operate at full potential in manufacturing and medicine. Rapid Industrial Automation drives Market Growth The mass generalization of the internet has resulted in the fourth industrialization revolution, Industry 4.0. Consequently, enhanced productivity is the top priority for manufacturers. As a result, communication technology, information technology, digitalization, automation, and robotics are integrated.

Rising Internet Penetration is surging the Global Smart Space Market at 16.12% of CAGR

According to a new market research report published by Inkwood Research, the Global Smart Space Market is anticipated to accelerate at a growth rate of 16.12% throughout the forecasting years. "Browse 64 market Data Tables and 53 Figures spread over 170 Pages, along with an in-depth TOC on Global Smart Space Market Forecast 2020-2028". REQUEST CUSTOMIZATION LINK - https://www.inkwoodresearch.com/request-for-custom-report/ REQUEST FREE SAMPLE LINK - https://www.inkwoodresearch.com/reports/global-smart-spaces-market/#request-free-sample VIEW TABLE OF CONTENT LINK - https://www.inkwoodresearch.com/reports/global-smart-spaces-market/#table-of-contents BUY NOW - https://www.inkwoodresearch.com/reports/global-smart-spaces-market/ Smart spaces are equipped with IoT systems that involve sensors, connected devices, smart lights, and other smart devices. These smart spaces thus enable automation and reduce extra efforts and work for people. Moreover, these soluti