Saturday, 20 April 2024
Thursday, 11 Jan 2024 12:00 am

Mobile Threat Defense Market is expected to reach US$ 14.4 billion by 2030

Mobile threat defense market size is projected to surpass US$ 14.4 billion by 2030|Insights on operation, enterprise size, and end-user

By The Insight Partners

Rising Concerns Over Cyberattacks to Provide Opportunities for Mobile Threat Defense Market Growth During 2022–2030

According to our latest market study on Mobile Threat Defense Market Size and Forecast (2020–2030), Global and Regional Share, Trends, and Growth Opportunity Analysis – by Operating System, Enterprise Size, and End-User ," the market is expected to grow from US$ 2.5 billion in 2022 to US$ 14.4 billion by 2030; it is estimated to record a CAGR of 24.2% from 2022 to 2030.

Mobile Threat Defense (MTD) software is widely used to protect organizations and individual users from security threats on mobile platforms. This solution protects against attacks made specifically for mobile devices and operating systems (OS) such as Apple iOS and Google Android. Hackers may also use phishing, malware, or network attacks to access a user's mobile device, which could then be used to steal the organization’s data or to cause a negative business impact. The fundamental goal of a mobile threat defense solution is to protect users from such instances.

Mobile Threat Defense Market — by Geography, 2022 to 2030

To get free sample copy of the report, along with the TOC, Statistics, and Tables please visit @ https://www.theinsightpartners.com/brochure/TIPRE00038945

Source: The Insight Partners Analysis

Rising concern over data security and cyberattacks owing to the ascending popularity of remote working is one of the major driving factors of the mobile threat defense market. The rise in data breach cases and cyberattacks post the pandemic has resulted in the need for security solutions. Thus, the growing adoption of cybersecurity solutions to protect enterprise data in mobile devices from data breaches and malware attacks is propelling the adoption of mobile threat defense solutions. In cases such as the devices being stolen, hacked, or lost, the threat of data breaches of sensitive corporate data leads to the adoption of security solutions, further fueling the mobile threat defense market size.

Cisco Systems, Inc.; Ivanti; SAP SE; Broadcom; AO Kaspersky Lab; Zimperium; SentinelOne; Micro Focus; Pradeo; and Check Point Software Technologies Ltd are among the key mobile threat defense market players profiled during the report. Several other major mobile threat defense market players were also studied and analyzed during this market research study to get a holistic view of the market and its ecosystem. The mobile threat defense market report provides detailed market insights, which help the key players strategize their growth.

The mobile threat defense market is segmented on the basis of operating system, enterprise size, industry vertical, and geography. Based on the operating system, the mobile threat defense market is bifurcated into Android and iOS. Based on enterprise size, the mobile threat defense market is segmented into large enterprises and SMEs. Based on end-user, the mobile threat defense market is segmented into IT and Telecomm, BFSI, manufacturing, retail and e-commerce, government, and others. The mobile threat defense market, based on geography, is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

The North America mobile threat defense market was valued at US$ 5.40 billion in 2022 and is projected to reach US$ 19.16 billion by 2030; it is anticipated to record a CAGR of 17.1% during the forecast period 2023-2030. North America is one of the fastest-growing regions in terms of both technological innovations and the adoption of advanced technologies. The region also has a well-established IT infrastructure. North America has witnessed huge adoption of emerging technologies such as artificial intelligence, machine learning, and blockchain in the past three years across all the major industry verticals. With the increasing penetration of digitization in various industries, mobile threat defense has become a vital component of business transaction ecosystems, especially in financial institutions and the IT industry.

The North America mobile threat defense market is segmented into the US, Canada, and Mexico. The US is expected to have the highest mobile threat defense market share and record the highest CAGR during the forecast period 2023-2030. The high rate of digitization in various industries in the US fueled mobile threat defense market growth. Factors such as a rise in the adoption of digital tools and a rise in cyber-attacks are also expected to fuel the mobile threat defense market in the US during the forecast period. Moreover, the US has a large number of mobile threat defense market players who have been increasingly focusing on developing innovative solutions. Cisco Systems, Inc.; Ivanti; Broadcom; Zimperium; and SentinelOne are among the key players in the mobile threat defense market. Thus, all the factors mentioned above contribute to the mobile threat defense market growth in the region.

Contact Us
Contact Us: The Insight Partners 

Phone: +1-646-491-9876
Email Id: sales@theinsightpartners.com

The Insight Partners :    https://www.theinsightpartners.com

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Smarter Decisions with Smart News

Smart Market News is committed to getting its readers the latest updates and insights on industries that help in making “smarter” business decisions. With insights and inputs from corporate decision makers, we bring you the stories of adopting innovative solutions and strategies that have been changing the world. Our editorial insights on products, solutions, companies, and adoption of best practices not only help in understanding the markets better, but also prove to be a complete package for your information needs.

Subscribe to our newsletter
Get the latest in your inbox weekly Sign up for the fully charged newsletter
© The News and Media Division of The Insight Partners 2024 | All Rights Reserved | Privacy Policy