
Report ID: SQMIG45E2065
Report ID:
SQMIG45E2065 |
Region:
Global |
Published Date: December, 2024
Pages:
270
|
Tables:
96 |
Figures:
76
Drivers
Increasing Cybersecurity Threats
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.
Rising Mobile Device Adoption
Global mobile security market growth is driven by the worldwide adoption of smartphones and the increased use of mobile devices. As users tend to depend more on daily activities such as Internet banking and social networking through mobile devices, they need to ensure more robust security through encryption, secure apps, and threat detection.
Restraints
Complexity of Mobile Security Solutions
More often than not, organizations tend to integrate and manage mobile security solutions over different types of devices and platforms, which turns out to be one of the biggest obstacles. Business and personal users alike typically have technical difficulties caused by multiple mobile endpoints, thereby delaying adoption and reducing the effectiveness of mobile security offerings.
Fragmented Ecosystem of Mobile Ecosystem
The disjointed aspect of the mobile ecosystem in terms of operating systems, device kinds, and security levels adds a bit of chaos into making and deploying what would be regarded as universal security solutions. For the fragmented ecosystem, this brings many challenges to businesses and security providers, for they must develop solutions for each different platform. Hence, this translates to cost and decreased market efficiency.
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Report ID: SQMIG45E2065