Mobile Device Security Market - Competitive Landscape and Regional Trends By 2023
Market Synopsis: According to Market Research Future (MRFR)’s assessment, the global mobile security market is poised to exhibit a CAGR of 29.55% during the forecast period 2018 to 2023. The analysis further reveals that the market value is anticipated to reach USD 48.85 Bn mark by 2023-end up from USD 10.50 Bn in 2017. The rising reliance on online solutions has intensified concerns regarding data protection. This, in turn, has opened new avenues of growth potential for the market participants. The governments are also initiating the implementation of security standards for safeguarding the customer and checking illegal practices. It is presumed to have a favorable impact on the expansion of the mobile security market in the years to come. Also, the increasing penetration of internet services in the BFSI sector is expected to catalyze market growth over the assessment period. The growth of the e-commerce sector has necessitated the standardization of security features for a boo...