The article cited AMA's Global Mobile Security Market Study explored substantial growth with CAGR of 18.1%. According the report, Launching Of Mobile Security Applications with Advanced Features Such As Fingerprint Readers, Eye Readers and Others by Developers is one of the primary growth factors for the market. Increased Number of Mobile Cyber Attacks
is also expected to contribute significantly to the Mobile Security market. Overall, Individual Users
applications of Mobile Security, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Mobile Security market identified that the demand is rising in many different parts of the world as "Digitalization in Developing Countries
". Furthermore, some recent industry insights like "On 12 Feb 2020, McAfee announced its extension of the long-standing partnership with Samsung to protect consumers’ personal data and information from online threats. Through this partnership, Samsung smartphones, including the Galaxy S Series, Galaxy S20, and Galaxy Fold, will come pre-installed with anti-malware protection powered by McAfee. In addition to mobile, the partnership expands to better protect Samsung PCs and laptops users, where it matters." is constantly making the industry dynamic. One of the challenges that industry facing is "Availability of Free Mobile Security Applications"
The Operating System, such as IOS, is boosting the Mobile Security market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Solution, such as Authentication, is boosting the Mobile Security market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Mobile Security market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Mobile Security market and other related sub-markets covered in the study.
o Key & emerging players in the Mobile Security market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Mobile Security market size is calculated using market estimation process, the Mobile Security market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Mobile Security market size has been validated using both top-down and bottom-up approaches.