The global mobile threat management security software market is expected to be valued at USD 25,691.7 million by 2033, up from USD 5,194.9 million in 2023, at a CAGR of 17.3% over the forecast period.
The mobile threat environment has been developing and transforming over the last few years because of the expanding number of mobile devices. Moreover, the use of mobile devices for financial management, online shopping, and bill payment has allegedly expanded, boosting consumption of mobile threat management security software.
The growing implementation of EMM (enterprise mobility management) and MTM (mobile threat management) is going to provide substantial prospects for the mobile security software industry over the projected period.
Considering the majority of firms are moving toward workplace mobility, which allows employees to work across multiple gadgets and software, sales of mobile threat management security software have increased. As a result, the mobile threat management security software industry is expected to expand in the future years.
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The growing incidences of cyber-attacks are the key factor behind the growth of the mobile threat management security software industry. Cyber-attacks are becoming more complicated and sophisticated, which might increase demand for mobile threat management security software in the future years.
The mobile security company is undergoing significant change, and security measures are being introduced because of numerous attacks, particularly in the health industry. As a result of their high financial resources and use of digital media, regions in Europe account for 21.5% of the worldwide market share for mobile threat management security software services.
Key Takeaways
- In 2022, the mobile threat management security software market share in the United States was expected to be around 17.7%.
- In 2022, North America held a 28.6% market share.
- In 2022, Europe’s market share was 23.2%.
- The telecommunications and information technology market is expected to grow dramatically in the future years. In 2022, this segment held a 28.9% market share.
- In 2022, the cloud-based category held a 57% market share.
Mobile Threat Management Security Software Market: Top Key Players
- IBM Corporation
- Cisco Systems, Inc.
- Microsoft Corporation
- Intel Corporation
- BullGuard Ltd.
- Dell Inc.
- Absolute Software Corporation
- SAP AG
- Symantec Corporation
Recent Developments:
- In January 2023, Ivanti, a developer of cybersecurity and related enterprise solutions, signed a strategic deal with Lookout, a manufacturer of cloud security. Both companies wanted to broaden their line of product offerings by merging Ivanti’s Neurons automation technology with Lookout’s Smartphone Endpoint Security solutions, which might deliver superior mobile security protections for Android, iOS, and Chrome OS platforms.
- In February 2023, Check Point Software Technologies and Samsung Electronics cooperated for the first time to provide organizations with robust security against the growing stream of mobile-related threats.
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Mobile Threat Management Security Software Market Valuable Insights
Future Market Insights, in its new offering, presents an unbiased analysis of the global mobile threat management security software market presenting a historical analysis from 2018 to 2022 and forecast statistics between 2023 and 2033.
The study reveals essential insights By Product (On-premises, Cloud Based), By End-User (Individual user, Enterprise-user, Telecommunication and IT, Government and Financial institutions, Other), By Application (Managed IPS and IDS, Distributed Denial of Services (DDoS), Unified Threat Management (UTM), Secured Information & Event Management (SIEM), Firewall Management, Endpoint Security, Others), & region.
Key Segmentation of the Mobile Threat Management Security Software Market
By Product:
- On-premises
- Cloud-Based
By End-User:
- Individual user
- Enterprise-user
- Telecommunication and IT
- Government and Financial institutions
- Other
By Application:
- Managed IPS and IDS
- Distributed Denial of Services (DDoS)
- Unified Threat Management (UTM)
- Secured Information & Event Management (SIEM)
- Firewall Management
- Endpoint Security
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- Middle East and Africa
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