The global mobile security market was valued at USD 4.2 billion in 2022, growing at a CAGR of 20.4% from 2023 to 2032. The market is expected to reach USD 26.8 billion by 2032. One of the main factors propelling the mobile security market’s growth is the rise in the usage of laptops, tablets, smartphones, and other portable devices for personal and business use.
One of the most important components of mobile devices is mobile security, which gives tablets, laptops, and smartphones greater security features. Furthermore, the industry is growing because more people use mobile devices for jobs involving sensitive data, like credit card numbers, social security numbers, and crucial financial information. A vulnerability in mobile security can provide hackers instant access to a user's data and reveal a variety of information, such as the user's current position, bank account details, personal information, and a host of other details. The mobile application security solutions may be used on tablets and smartphones and are optimized for various operating systems, including Windows Phone, iOS, and Android. These technologies prevent unauthorized access to mobile applications and restrict access to private information.
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In June 2023, A strategic agreement between Check Point Software Technologies Ltd. and Everphone was announced to improve mobile security measures and provide comprehensive cybersecurity protection.
In May 2023, IBM MaaS360 Mobile Device Management (SaaS) was released by the International Business Machines Corporation (IBM) to provide businesses with a strong solution for protecting mobile endpoints and enhancing their security posture.
Increase demand to bring your own device (BYOD)- To facilitate workplace mobility, businesses provide bring your own device (BYOD) services. Employees who wish to use their laptops, smartphones, or tablets at workstations can do so under the BYOD policy. Furthermore, BYOD provides mobile devices with secure network connectivity. The primary motivators behind BYOD adoption are higher employee happiness and productivity. On the other hand, organizations implementing BYOD often encounter significant challenges related to cyber attacks, unauthorized data access, and data loss or leakage. Therefore, mobile device security solutions are anticipated to increase in response to the growing demand for improved network security and better and enhanced data privacy and security. Additionally, businesses are focusing on network infrastructure security and privacy for mobile devices, which will fuel the expansion of the mobile security industry.
Lack of awareness- The billions of people who own smartphones use their devices to access various applications. Many users need to be made aware of the applications' privacy policies and the source from which they get them. Many people use laptops or mobile devices to visit untrusted websites and download unsecured software, which increases the risk of cyberattacks on these devices. The market's growth is hindered by a need for more knowledge about mobile device dangers and the security solutions available to counter them.
Technological development- Over the past ten years, there has been an increase in the use of portable devices due to technological advancements. There is a noticeable rise in the usage of laptops, tablets, and smartphones for business, education, and personal use. In addition, the adoption of mobile or remote connectivity infrastructure is aided by the growing popularity of IoT and enterprise mobility. Nearly three-quarters of American workers will be mobile in the future years, according to a Soti, Inc. analysis. Approximately 20% of businesses that provide workplace mobility have encountered security-related problems and worries.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the largest global mobile security market, with a 38.9% market revenue share in 2022.
The region is expected to grow significantly over the forecast period due to increased enterprise spending on information security solutions. To address security flaws in mobile network communications, the U.S. Department of Homeland Security (DHS) and several federal agencies, including the Science and Technology Directorate (S&T) and the Cybersecurity and Infrastructure Security Agency (CIST), are creating new standards and mobile security research and development initiatives as of April 2019. The United States had the biggest revenue share in North America in 2019 and is predicted to continue leading the region for the duration of the prediction. Increasing industries, including government and defence, retail, and mobility device usage, drive the regional market.
North America Region Mobile Security Market Share in 2022 - 38.9%
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The offerings segment is divided into services and solutions. The solutions segment dominated the market, with a market share of around 59% in 2022. People are adopting mobile security solutions due to increased demand for mobile organization size and device security to lessen risks from third-party apps and data breaches.
The end-user segment is divided into individuals and enterprises. The enterprises segment dominated the market, with a market share of around 55% in 2022. Businesses of all sizes are adopting unified endpoint mobile security solutions to lower their exposure to data threats due to the surge in BYOD and workplace mobility.
The organization segment is divided into large enterprises and SMEs. The large enterprises segment dominated the market, with a market share of around 52% in 2022. Large enterprises are investing in mobile security solutions to strengthen organizational defence against assaults or theft due to the growing dangers and phishing attempts on mobile devices.
The industry vertical segment is divided into telecom & IT, healthcare, manufacturing, BFSI, retail, government & defence, and others. The telecom & IT segment dominated the market, with a market share of around 21% in 2022. Telecom and IT industry incumbents store enormous amounts of customer and organizational data. Moreover, introducing digital automation solutions has increased the possibility of malware and data theft, which can cause significant financial losses for businesses.
Report Description:
Attribute | Description |
---|---|
Market Size | Revenue (USD Billion) |
Market size value in 2022 | USD 4.2 Billion |
Market size value in 2032 | USD 26.8 Billion |
CAGR (2023 to 2032) | 20.4% |
Historical data | 2019-2021 |
Base Year | 2022 |
Forecast | 2023-2032 |
Region | The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level. |
Segments | Offerings, End-User, Organization, Industry Vertical |
As per The Brainy Insights, the size of the mobile security market was valued at USD 4.2 billion in 2022 to USD 26.8 billion by 2032.
The global mobile security market is growing at a CAGR of 20.4% during the forecast period 2023-2032.
North America emerged as the largest mobile security market.
Key players in the mobile security market are MobileIron, Inc., Broadcom Inc., Samsung Electronics Co. Ltd, Apple Inc., BlackBerry Limited, IBM Corporation, Citrix Systems, Inc., Google LLC, Microsoft Corporation, and VMware, Inc.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Offerings
4.3.2. Market Attractiveness Analysis by End-User
4.3.3. Market Attractiveness Analysis by Organization
4.3.4. Market Attractiveness Analysis by Industry Vertical
4.3.5. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increase demand to bring your own device (BYOD)
5.3. Restraints
5.3.1. High cost
5.4. Opportunities
5.4.1. Technological development
5.5. Challenges
5.5.1. Lack of awareness
6. Global Mobile Security Market Analysis and Forecast, By Offerings
6.1. Segment Overview
6.2. Services
6.3. Solutions
7. Global Mobile Security Market Analysis and Forecast, By End-User
7.1. Segment Overview
7.2. Individuals
7.3. Enterprises
8. Global Mobile Security Market Analysis and Forecast, By Organization
8.1. Segment Overview
8.2. Large Enterprises
8.3. SMEs
9. Global Mobile Security Market Analysis and Forecast, By Industry Vertical
9.1. Segment Overview
9.2. Telecom & IT
9.3. Healthcare
9.4. Manufacturing
9.5. BFSI
9.6. Retail
9.7. Government & Defense
9.8. Others
10. Global Mobile Security Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Mobile Security Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in Global Mobile Security Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. MobileIron, Inc.
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. Broadcom Inc.
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. Samsung Electronics Co. Ltd
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. Apple Inc.
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. BlackBerry Limited
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. IBM Corporation
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Citrix Systems, Inc.
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. Google LLC
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. Microsoft Corporation
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. VMware, Inc.
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
List of Table
1. Global Mobile Security Market, By Offerings, 2019-2032 (USD Billion)
2. Global Services, Mobile Security Market, By Region, 2019-2032 (USD Billion)
3. Global Solutions, Mobile Security Market, By Region, 2019-2032 (USD Billion)
4. Global Mobile Security Market, By End-User, 2019-2032 (USD Billion)
5. Global Individuals, Mobile Security Market, By Region, 2019-2032 (USD Billion)
6. Global Enterprises, Mobile Security Market, By Region, 2019-2032 (USD Billion)
7. Global Mobile Security Market, By Organization, 2019-2032 (USD Billion)
8. Global Large Enterprises, Mobile Security Market, By Region, 2019-2032 (USD Billion)
9. Global SMEs, Mobile Security Market, By Region, 2019-2032 (USD Billion)
10. Global Mobile Security Market, By Industry Vertical, 2019-2032 (USD Billion)
11. Global Telecom & IT, Mobile Security Market, By Region, 2019-2032 (USD Billion)
12. Global Healthcare, Mobile Security Market, By Region, 2019-2032 (USD Billion)
13. Global Manufacturing, Mobile Security Market, By Region, 2019-2032 (USD Billion)
14. Global BFSI, Mobile Security Market, By Region, 2019-2032 (USD Billion)
15. Global Retail, Mobile Security Market, By Region, 2019-2032 (USD Billion)
16. Global Government & Defense, Mobile Security Market, By Region, 2019-2032 (USD Billion)
17. Global Others, Mobile Security Market, By Region, 2019-2032 (USD Billion)
18. North America Mobile Security Market, By Offerings, 2019-2032 (USD Billion)
19. North America Mobile Security Market, By End-User, 2019-2032 (USD Billion)
20. North America Mobile Security Market, By Organization, 2019-2032 (USD Billion)
21. North America Mobile Security Market, By Industry Vertical, 2019-2032 (USD Billion)
22. U.S. Mobile Security Market, By Offerings, 2019-2032 (USD Billion)
23. U.S. Mobile Security Market, By End-User, 2019-2032 (USD Billion)
24. U.S. Mobile Security Market, By Organization, 2019-2032 (USD Billion)
25. U.S. Mobile Security Market, By Industry Vertical, 2019-2032 (USD Billion)
26. Canada Mobile Security Market, By Offerings, 2019-2032 (USD Billion)
27. Canada Mobile Security Market, By End-User, 2019-2032 (USD Billion)
28. Canada Mobile Security Market, By Organization, 2019-2032 (USD Billion)
29. Canada Mobile Security Market, By Industry Vertical, 2019-2032 (USD Billion)
30. Mexico Mobile Security Market, By Offerings, 2019-2032 (USD Billion)
31. Mexico Mobile Security Market, By End-User, 2019-2032 (USD Billion)
32. Mexico Mobile Security Market, By Organization, 2019-2032 (USD Billion)
33. Mexico Mobile Security Market, By Industry Vertical, 2019-2032 (USD Billion)
34. Europe Mobile Security Market, By Offerings, 2019-2032 (USD Billion)
35. Europe Mobile Security Market, By End-User, 2019-2032 (USD Billion)
36. Europe Mobile Security Market, By Organization, 2019-2032 (USD Billion)
37. Europe Mobile Security Market, By Industry Vertical, 2019-2032 (USD Billion)
38. Germany Mobile Security Market, By Offerings, 2019-2032 (USD Billion)
39. Germany Mobile Security Market, By End-User, 2019-2032 (USD Billion)
40. Germany Mobile Security Market, By Organization, 2019-2032 (USD Billion)
41. Germany Mobile Security Market, By Industry Vertical, 2019-2032 (USD Billion)
42. France Mobile Security Market, By Offerings, 2019-2032 (USD Billion)
43. France Mobile Security Market, By End-User, 2019-2032 (USD Billion)
44. France Mobile Security Market, By Organization, 2019-2032 (USD Billion)
45. France Mobile Security Market, By Industry Vertical, 2019-2032 (USD Billion)
46. U.K. Mobile Security Market, By Offerings, 2019-2032 (USD Billion)
47. U.K. Mobile Security Market, By End-User, 2019-2032 (USD Billion)
48. U.K. Mobile Security Market, By Organization, 2019-2032 (USD Billion)
49. U.K. Mobile Security Market, By Industry Vertical, 2019-2032 (USD Billion)
50. Italy Mobile Security Market, By Offerings, 2019-2032 (USD Billion)
51. Italy Mobile Security Market, By End-User, 2019-2032 (USD Billion)
52. Italy Mobile Security Market, By Organization, 2019-2032 (USD Billion)
53. Italy Mobile Security Market, By Industry Vertical, 2019-2032 (USD Billion)
54. Spain Mobile Security Market, By Offerings, 2019-2032 (USD Billion)
55. Spain Mobile Security Market, By End-User, 2019-2032 (USD Billion)
56. Spain Mobile Security Market, By Organization, 2019-2032 (USD Billion)
57. Spain Mobile Security Market, By Industry Vertical, 2019-2032 (USD Billion)
58. Asia Pacific Mobile Security Market, By Offerings, 2019-2032 (USD Billion)
59. Asia Pacific Mobile Security Market, By End-User, 2019-2032 (USD Billion)
60. Asia Pacific Mobile Security Market, By Organization, 2019-2032 (USD Billion)
61. Asia Pacific Mobile Security Market, By Industry Vertical, 2019-2032 (USD Billion)
62. Japan Mobile Security Market, By Offerings, 2019-2032 (USD Billion)
63. Japan Mobile Security Market, By End-User, 2019-2032 (USD Billion)
64. Japan Mobile Security Market, By Organization, 2019-2032 (USD Billion)
65. Japan Mobile Security Market, By Industry Vertical, 2019-2032 (USD Billion)
66. China Mobile Security Market, By Offerings, 2019-2032 (USD Billion)
67. China Mobile Security Market, By End-User, 2019-2032 (USD Billion)
68. China Mobile Security Market, By Organization, 2019-2032 (USD Billion)
69. China Mobile Security Market, By Industry Vertical, 2019-2032 (USD Billion)
70. India Mobile Security Market, By Offerings, 2019-2032 (USD Billion)
71. India Mobile Security Market, By End-User, 2019-2032 (USD Billion)
72. India Mobile Security Market, By Organization, 2019-2032 (USD Billion)
73. India Mobile Security Market, By Industry Vertical, 2019-2032 (USD Billion)
74. South America Mobile Security Market, By Offerings, 2019-2032 (USD Billion)
75. South America Mobile Security Market, By End-User, 2019-2032 (USD Billion)
76. South America Mobile Security Market, By Organization, 2019-2032 (USD Billion)
77. South America Mobile Security Market, By Industry Vertical, 2019-2032 (USD Billion)
78. Brazil Mobile Security Market, By Offerings, 2019-2032 (USD Billion)
79. Brazil Mobile Security Market, By End-User, 2019-2032 (USD Billion)
80. Brazil Mobile Security Market, By Organization, 2019-2032 (USD Billion)
81. Brazil Mobile Security Market, By Industry Vertical, 2019-2032 (USD Billion)
82. Middle East and Africa Mobile Security Market, By Offerings, 2019-2032 (USD Billion)
83. Middle East and Africa Mobile Security Market, By End-User, 2019-2032 (USD Billion)
84. Middle East and Africa Mobile Security Market, By Organization, 2019-2032 (USD Billion)
85. Middle East and Africa Mobile Security Market, By Industry Vertical, 2019-2032 (USD Billion)
86. UAE Mobile Security Market, By Offerings, 2019-2032 (USD Billion)
87. UAE Mobile Security Market, By End-User, 2019-2032 (USD Billion)
88. UAE Mobile Security Market, By Organization, 2019-2032 (USD Billion)
89. UAE Mobile Security Market, By Industry Vertical, 2019-2032 (USD Billion)
90. South Africa Mobile Security Market, By Offerings, 2019-2032 (USD Billion)
91. South Africa Mobile Security Market, By End-User, 2019-2032 (USD Billion)
92. South Africa Mobile Security Market, By Organization, 2019-2032 (USD Billion)
93. South Africa Mobile Security Market, By Industry Vertical, 2019-2032 (USD Billion)
List of Figures
1. Global Mobile Security Market Segmentation
2. Global Mobile Security Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Mobile Security Market Attractiveness Analysis by Offerings
9. Global Mobile Security Market Attractiveness Analysis by End-User
10. Global Mobile Security Market Attractiveness Analysis by Organization
11. Global Mobile Security Market Attractiveness Analysis by Industry Vertical
12. Global Mobile Security Market Attractiveness Analysis by Region
13. Global Mobile Security Market: Dynamics
14. Global Mobile Security Market Share by Offerings (2023 & 2032)
15. Global Mobile Security Market Share by End-User (2023 & 2032)
16. Global Mobile Security Market Share by Organization (2023 & 2032)
17. Global Mobile Security Market Share by Industry Vertical (2023 & 2032)
18. Global Mobile Security Market Share by Regions (2023 & 2032)
19. Global Mobile Security Market Share by Company (2022)
This study forecasts global, regional, and country revenue from 2019 to 2032. The Brainy Insights has segmented the global mobile security market based on the below-mentioned segments:
Global Mobile Security Market By Offerings:
Global Mobile Security Market By End-User:
Global Mobile Security Market By Organization:
Global Mobile Security Market By Industry Vertical:
Global Mobile Security Market By Region:
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