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At 14.6% CAGR, mobile security market size is projected to reach $103.45 – Press Release

PUNE, India, Sept. 06, 2022 (GLOBE NEWSWIRE) — The global mobile security market size is likely to gain momentum by posting a promising CAGR of 14.6% between 2022 and 2027. This is attributed to factors such as the increasing adoption of advanced mobility solutions and increasing cyber attacks around the world. Fortune Business Insights publishes this information in its latest report titled “Mobile Security Market Size, Share and Industry Analysis, by Component, by Operating System, by Industry and Regional Forecast, 2020-2027.” The report further mentions that the market was worth US$34.94 billion in 2019 and till 2027 expected to reach $103.45 billion.

Industry development:

  • Sept 2019 – F-Secure, a Finnish cybersecurity company, announced the launch of consulting services in 11 different locations on four continents around the world. According to the company, the main objective of its consulting services is to ward off cyberattacks for the company through the use of new technologies.

Request a sample copy of the report: https://www.fortunebusinessinsights.com/enquiry/sample/mobile-security-market-103038

Report scope:

report coverage details
forecast period 2022-2027
Forecast period 2022 to 2027 CAGR 14.6%
Value prognosis 2027 $103.45 billion
base year 2019
Mobile security market size in 2019 $34.94 billion
Historical data for 2016-2018
number of pages 150
segments covered Component; Operating system; Vertical & Region
growth accelerator Increasing demand for Bring Your Own Device (BYOD) is likely to drive the market
Lack of cybersecurity awareness and susceptibility to growth stunting

Driver and restraint systems:

Increasing adoption of enterprise mobility solutions to fuel growth

Enterprise mobility solutions ensure organizations enable employees to adopt secure mobile devices. In addition, it is about backing up company data on employees’ mobile devices to prevent data theft and economic damage. In addition, the…

Source Story here

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