Global Industry Analysys (GIA) has projected the Mobile Security to reach $14.4 billion by 2017, driven primarily by the increase in smart devices, explosion in data usage and increasing security risks due to open networks. With smartphone users increasingly accessing/downloading third-party applications, the threat of malicious virus making its way into the handset and accessing key information stored within these devices becomes more prominent, which presents a perfect business case for mobile security.
The global security market is also set to grow fast with the robust demand from the Asia-Pacific market, which is the largest regional market lead by growth from the emerging giants China and India. Mobile Network Security Appliances & Software makes up the largest share within the segment, while Mobile Security Client Software is the fastest growing market, with a CAGR of more than 53%.
The report cites Airscanner USA, Arbor Networks, AVG Technologies, Barracuda Networks, Blue Coat Systems, BullGuard, Check Point Software Technologies, Cisco Systems, Doctor Web, Enterasys Networks, F-Secure Corporation, Huawei Technologies, iPolicy Networks, Juniper Networks, Kaspersky Lab, McAfee, SafeNet, SonicWALL, Symantec Corporation, Sophos, Trend Micro and Top Layer Networks as among the key players in this segment. Read More Global Mobile Security Market to Reach $14.4 Billion by 2017, According to New Report by Global Industry Analysts, Inc.
