Mobile Security Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to mobile security market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Mobile Security Market News

  • In September 2024, Symantec's latest update on mobile security platform is such that it is greatly enhanced with the mixture of AI-activated threat recognition and advanced input encryption. The upgrade is important to improve the safety of mobile devices against emerging cyber dangers like malware, phishing, and identity thefts especially for enterprise users, increasing their mobile endpoint security solutions. 
  • In August 2024, Kaspersky has come forth with another feature in mobile security within its Kaspersky Mobile Antivirus app. That new feature employs learning machine algorithms to be able to identify and block malicious apps and websites making it every bit the more protective to the user. The new advancement predominantly aims at protecting mobile users from cyberattacks as well as from privacy breaches which guarantee them secure mobile experiences. 
  • In October 2024, McAfee expanded its mobile security offering by adding real-time security alerts and AI-based threat analytics to its mobile security suite. These facilities enable users to quickly spot and act against possible threats, while enhancing more privacy protection. The update was intended to achieve stronger protection against advanced mobile cyber threats.

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Mobile Security Market size was valued at USD 14.4 Billion in 2023 and is poised to grow from USD 17.44 Billion in 2024 to USD 26.76 Billion by 2032, growing at a CAGR of 21.1% during the forecast period (2025-2032).

The global mobile security market is characterized by a highly competitive environment in which most of the international companies are considering the solutions that have been adopted to counter these increasing threats to cybersecurity. Some of the significant players include Symantec Corporation, McAfee LLC, Kaspersky Lab, Trend Micro, and Avast Software. Several mobile security services are thus provided by such companies, including malware protection, encryption, device management, and threat detection. However, their innovations and the continued development of their products keep them strongly present on the market and grow through technological advancements and sharing brokerage.  'Microsoft  ', 'IBM  ', 'Symantec  ', 'Trend Micro  ', 'Kaspersky Lab  ', 'ESET  ', 'VMware  ', 'Samsung  ', 'CrowdStrike  ', 'BlackBerry  ', 'Quick Heal Technologies  ', 'F-Secure  ', 'Fortinet  ', 'Check Point  ', 'Bitdefender  ', 'Codeproof  ', 'Keeper Security  ', 'OneSpan'

The frequency with which cyber threats, such as data breaches or malware, as well as identity theft, occur is one of the primary causes of growing demand for the global mobile security market. The demand for protecting smartphones or other handheld devices, which contain sensitive personal, financial, and corporate data, indicates the requirement for increasingly advanced mobile security solutions.

Rise in AI-Powered Mobile Security Solutions: Artificial intelligence (AI) is increasingly integrated into mobile security solutions to enhance threat detection, real-time protection, and predictive analytics. AI systems have the ability to come up with new threats and proactively deal with them, offering higher security measures for individual mobile phones or enterprise users. This would translate into a spurt increase in AI mobile security tools. 

North America dominates the global mobile security market due to its strong technological infrastructure, high smartphone penetration, and robust cybersecurity initiatives. There are many of the top tech companies and innovative startups at the region, advancing the development of mobile security solutions. Besides, the increasing pace of adoption of mobile devices in enterprises and growing concerns of including data privacy and cyber threats in mobile applications will further drive demand for advanced mobile security solutions. The strict regulations such as GDPR and CCPA complement the need for comprehensive mobile security measures. North America’s well-established digital ecosystem, high disposable income, and focus on innovation make it a key market leader. 

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Global Mobile Security Market
Mobile Security Market

Report ID: SQMIG45E2065

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