Mobile Application Security Market Research Report: Size, Share, Growth, Trends and Forecast 2025
According to a new report published by Reports Monitor titled, “Global Mobile Application Security Market, Growth Opportunities, Innovations and Forecast, 2017-2025,” the mobile application security market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
Mobile application security market is developing rapidly across the world due to the broad adoption of internet services. Mobile application is that level of assurance that any mobile device applications will not have any threats from malware or any different criminal activity. It refer to various advancements and minimization of risk of exploits to mobile devices through their application. It includes analyzing the structure of mobile applications and concentrate how they function, as well as looking at significant threat areas and protect from hackers or other attackers. Security experts develop assessments in view of issues like theft of financial information or individual identifiers, or unauthorized access to devices.
The key factor driving the mobile application security market is the rise in adoption of mobile devices, increase in devices leads to increase in demand for security. These days many large and small organization has increased the usage of personal devices among employees to access organizational information. The prone to security breach, leads to need for security solution for minimizing the risk and secure the information is driving the market growth. The increase in risk of data theft while sending and receiving mails through various mailing application is also playing an important role in the growth of the global market. On the other hand, unawareness among the people is the fundamental reason hampering the development of the worldwide market. In addition, the high cost of labor, and lack of job opportunities are also the reasons that the growth of the global mobile application security market is decreasing. In addition, with the increasing dependency on technology for better way of life the demands security in protecting personal and corporate data is increasing which shows a promising picture for the future development of mobile device security and data protection solutions.
This report provides a detailed analysis of mobile application security market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and swot analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources with bottom-up and top-down approaches.
The segmentation of global mobile application market is based on the components, testing types, verticals, solution, security types, deployment and organization size. On the basis of components, the global mobile application security market is bifurcated into web application security, mobile application security, managed services, professional services and others. On the basis of testing types, the global mobile application market is classified into static application security testing, dynamic application security testing, interactive application security testing, and others. Based on verticals, the global mobile application security market is segmented into manufacturing, banking, financial services, and insurance (BFSI), IT and telecommunication, government, healthcare and others. On the basis of solution, the global mobile application security market is segmented into mobile application management, mobile data protection and authentication. On the basis of security types, the global mobile application security market is divided into integrated-mail and anti-virus. On the basis of deployment methods, the global mobile application market is divided into on-premises and cloud. Based on organization size, the global mobile application market is divided into small, medium, and large firms.
Based on the geographical regions covered, the global mobile application security market is analyzed across North America, Europe, Asia-Pacific and Latin America, Middle East and Africa (LAMEA). Growing awareness among the users in Asia Pacific is one of the main factors that are the market is expected to grow.
Key players in the mobile application security industry include International Business Machines (IBM) Corporation, Veracode, Trustwave Holdings, Inc. (Ca, Inc.), Whitehat Security, Inc. (Singtel), Hewlett Packard Enterprise (HPE) Company, Synopsys, Inc., Sitelock, LLC, Rapid7, Inc., Qualys, Inc., Pradeo, High-Tech Bridge, , Fasoo, Contrast Security, Checkmarx Ltd. and Acunetix.
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