Global Mobile Security Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Mobile Security Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Mobile security refers to the protection of smart phones, tablets, laptops and other portable mobile devices from hackers, data leaks, malware and other threats.

Market Overview:

The latest research study on the global Mobile Security market finds that the global Mobile Security market reached a value of USD 11740.69 million in 2022. It’s expected that the market will achieve USD 31823.78 million by 2028, exhibiting a CAGR of 18.08% during the forecast period.

The new coronavirus not only threatens the lives of people all over the world, causing social anxiety and pessimism, but also affects the global industrial chain. Pessimists predict that the world economy will never go back in time. This conclusion has a certain basis. Since the outbreak of the epidemic, the number of confirmed cases in the United States has been increasing, and it is now the worst-hit country in the world. Since all regions are eager to resume normal economic activities, the possibility of a second wave of outbreaks is relatively high.

Although the negative impact of the epidemic on most industries exceeds the positive impact, the mobile security industry has actually benefited from it. Covid-19 forced the government to cancel normal business activities and implement suspension measures, leaving most people at home. In order not to delay study and work progress, most areas have tried online office and study. Twitter even announced that employees can work from home permanently if they want, and will try to reduce company activities and business travel. A large amount of data is transmitted during the epidemic, and effective mobile security products are needed to protect these data from being stolen or leaked. So the mobile security industry has actually benefited from the epidemic. The impact on the industry will ultimately depend on the development of the epidemic; however, based on the current situation, the industry is expected to grow this year.

Widespread popularization of mobile devices

With the strengthening of spending power and the rise of the middle class, devices such as smartphones and computers are no longer exclusive to a small number of people. Most permanent residents in developed countries have at least one mobile device; the number of users in developing countries, especially in emerging economies, is also rising rapidly. According to Statista, the number of smartphone users worldwide has exceeded 3 billion, and there is still room for growth in densely populated areas such as China and India.

Increasing Competition

Industry competition has intensified. There are already many companies operating in this industry, and even Internet companies use their own capital and technological advantages to carry out dimension reduction crackdowns. For example, China's leading technology company-Baidu, developed Baidu Mobile Guardian and announced its entry into the mobile security market. In addition, market participants have participated in numerous strategic plans such as collaborations, partnerships, acquisitions and geographic expansion to improve their business growth and market position. For example, in February 2019, BlackBerry Limited acquired Cylance (California), a cyber security and artificial intelligence company. The acquisition is expected to help BlackBerry use Cylance's technology and provide security solutions for its customers.

Region Overview:

In global comparison, a significant portion of the revenue was generated in North America (32.31% in 2021).

Company Overview:

Intel (McAfee) is one of the major players operating in the Mobile Security market, holding a share of 10.89% in 2022.

Intel (McAfee)

Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, in Silicon Valley, USA.

Intel provides microprocessors to computer system manufacturers such as Apple, Lenovo, HP and Dell. Intel also produces motherboard chipsets, network interface controllers and integrated circuits, flash memory, graphics chips, embedded processors, and other communications and computing-related equipment. Intel acquired McAfee in 2010.

VMware, Inc.

VMware, Inc. is an American listed software company based in California, USA. It provides cloud computing and virtualization software and services.

Segmentation Overview:

By type, Android segment accounted for the largest share of market in 2021.

Application Overview:

The market's largest segment by application is the segment Individual Users, with a market share of 31.27% in 2021.

Key Companies in the global Mobile Security market covered in Chapter 3:

Citrix Systems, Inc.
BlackBerry Limited
Broadcom Inc.
Trend Micro
Sophos
Check Point
Norton
Microsoft Corporation
Intel (McAfee)
Mobileiron, Inc.
Qihoo 360
ESET
Kaspersky
Samsung Electronics Co. Ltd
VMware, Inc.
Avast
IBM Corporation
Lookout

In Chapter 4 and Chapter 14.2, on the basis of types, the Mobile Security market from 2018 to 2029 is primarily split into:

iOS
Android
Windows
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Mobile Security market from 2018 to 2029 covers:

Individual Users
Financial Institutions
Retail
Government
Telecom and IT
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)