About Mobile Data Protection
Mobile data protection is the technology that applies data privacy policies by managing data encryption on the primary storage system of workstation data storage platforms like hard drives, solid-state disks, and removable media used in conjunction with workstations and smartphones. It consists of a central console, an active endpoint agent for the target device, and an offline or stand-alone agent for removable media. Further, increasing adoption of portable devices for data storage among organizations across the globe is boosting the market growth
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 20.78% |
The players are exploring the market in new regions by adopting mergers & acquisitions, expansions, investments, new product launches and collaborations as their preferred strategies Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Mobile Data Protection market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
McAfee LLC (United States), CipherCloud (United States), Arxan Technologies, Inc. (United States), Commvault (United States), Intel Corporation (United States), Dell (United States), Hewlett-Packard (United States), CheckPoint Software Technologies Ltd (Israel), Symantec Corporation (United States) and Microsoft Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Trend Micro Incorporated (Japan), Druva (United States), Sophos Ltd (United Kingdom) and Gemalto NV (Netherlands).
Segmentation Overview
AMA Research has segmented the market of Global Mobile Data Protection market by , Application (Healthcare, BFSI, Travel and Transport, Communication and Technology, Aerospace and Defense and Others) and Region.
On the basis of application, Communication and Technology segment is dominating the market in the year 2023 where as BFSI segment stood as second largest market .On the basis of geography, the market of Mobile Data Protection has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Asia Pacific, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Deployment, the sub-segment i.e. Cloud will boost the Mobile Data Protection market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operating System, the sub-segment i.e. Linux will boost the Mobile Data Protection market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solution, the sub-segment i.e. Data Loss Prevention (DLP) will boost the Mobile Data Protection market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing adoption of the Bring Your Own Device (BYOD) policy
Market Growth Drivers:
Rising use of mobile device and cloud integration among organizations and Increase in cases of cyber-attacks
Challenges:
Presence of various platform devices
Restraints:
Lack of awareness in emerging economies
Opportunities:
Growing data security concerns involved in organizational content access
Market Leaders and their expansionary development strategies
In December 2023, Honeywell and Enterprise Mobility Management (EMM) provider SOTI has achieved a major milestone, remotely managing more than one million devices worldwide. The collaboration between Honeywell’s mobile computers and SOTI’s mobility management solutions, allows businesses to exceed conventional hardware lifecycles through remote monitoring, diagnosis, and repair.
In August 2023, the Indian Parliament passed the Digital Personal Data Protection (DPDP) Act, 2023. The new law is the first cross-sectoral law on personal data protection in India and has been enacted after more than half a decade of deliberations
Key Target Audience
Mobile data protection service provider, Suppliers of mobile data protection subcomponents, IT industry, Healthcare industry, Finance industry, Governmental bodies and Research firm
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.