Mobile Security Market Expected to Reach $34.8bn by 2020

Threat Intelligence Times

According to a new report by Allied Market Research titled, “Global Mobile Security Market  Solution, Types, OS, Trends, Opportunities, Growth and Forecast, 2013 – 2020“, the global Mobile Security Market would reach $34.8 billion by 2020, registering a CAGR of 40.8% during 2014 – 2020.

Bring Your Own Device is the latest trend adopted by most of the SMB (small and medium business) companies along with large organizations and is a major reason for the adoption of mobile security software.

Smartphones are majorly adopted in Asia Pacific region and contributes largest revenue for the global market which is followed by European countries and Middle East and African countries. Analysis of the market shows that global mobile security market accounts for $3.4 billion in 2013.

Enterprises allowing BYOD expect the primary benefits to be improved-employee satisfaction, increase in productivity…

View original post 525 more words

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s