Global Mobile Security Market Expected to Hit $19.5 Billion by 2029

Mobile Security Market Forecasted to Reach $19.5 Billion by 2029

Mobile Security Market - 2022-2029 Meticulous Research a leading global market research company, published a research report titled, Mobile Security Market by Component (Solution, Services), Operating System (Android, iOS), Deployment Mode (On-premise, Cloud-based), End User (BFSI, Telecom, Retail) and Geography- Global Forecasts to 2029. Download Free Sample Report@ https://www.meticulousresearch.com/download-sample- report/cp_id=5403?utm_source=article&utm_medium=social&utm_campaign=product&utm_ content=03-10-2024 Meticulous Research has published a new report projecting significant growth in the global mobile security market. The market is expected to grow at a Compound Annual Growth Rate (CAGR) of 21.7% from 2022 to 2029, reaching a valuation of $19.5 billion by the end of the forecast period. This rapid expansion is fueled by the increasing number of smartphone users and mobile phone subscriptions, as well as the rising use of third-party applications. Additionally, the growing demand for cloud-based solutions is anticipated to create substantial growth opportunities. However, the widespread availability of open-source and free security solutions may pose a challenge to market growth. The global mobile security market is segmented by component, operating system, deployment mode, and end user, with detailed analyses of industry competitors and market dynamics at both regional and country levels. By component, the market is divided into solutions and services. The solutions segment is expected to dominate the market in 2022, driven by increasing concerns about data security and privacy on mobile devices, and it is projected to exhibit the highest CAGR throughout the forecast period. For the operating system, the market includes Android, iOS, and others. The Android segment is projected to hold the largest share in 2022, due to the widespread use of Android-enabled mobile devices for critical functions such as e-commerce and banking, and it is anticipated to register the highest CAGR going forward. The deployment mode segment includes on-premise and cloud-based deployment. In 2022, the cloud-based deployment mode is expected to command a larger market share and witness the strongest growth, attributed to the rising demand for Bring Your Own Device (BYOD) services and increased adoption of cloud computing across enterprises. In terms of end users, the market is divided into enterprises and individuals. Enterprises are expected to lead the market in 2022 due to the growing demand for BYOD in work environments. Meanwhile, the individual segment is projected to witness the highest CAGR during the forecast period. Geographically, Asia-Pacific is set to lead the global mobile security market in 2022, driven by the increased adoption of mobile security software by SMEs and enterprises and a growing demand for wireless security solutions. The region is also forecasted to experience the fastest growth. Key players in the market, such as Trend Micro Incorporated, Armis, Inc., and AT&T, Inc., are highlighted for their innovative offerings and strategic initiatives that are shaping the mobile security landscape. Page 1 of 2 Meticulous Research| sales@meticulousresearch.com

Mobile Security Market - 2022-2029 Buy Now@ https://www.meticulousresearch.com/Checkout/67924541?utm_source=article&utm_medium= social&utm_campaign=product&utm_content=03-10-2024 About Meticulous Research : Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Meticulous Research Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 2 of 2 Meticulous Research| sales@meticulousresearch.com