Overview and Scope
Mobile data protection refers to the process that protects sensitive information stored on laptops, wearable, smartphones, tablets, and other portable devices by preventing unauthorized users from accessing data networks.
Sizing and Forecast
The mobile data protection market size has grown exponentially in recent years. It will grow from $5.67 billion in 2023 to $7.12 billion in 2024 at a compound annual growth rate (CAGR) of 25.6%. The growth in the historic period can be attributed to increasing mobile device usage, rising cybersecurity threats, stringent regulatory requirements, enterprise mobility trends, data loss prevention concerns.
The mobile data protection market size is expected to see exponential growth in the next few years. It will grow to $16.73 billion in 2028 at a compound annual growth rate (CAGR) of 23.8%. The growth in the forecast period can be attributed to proliferation of mobile applications, IoT (Internet of things) integration, biometric authentication adoption, global remote work trends, comprehensive endpoint security. Major trends in the forecast period include endpoint security solutions, zero trust security models, mobile threat defense (MTD), containerization and mobile app security, cloud-based mobile security.
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Segmentation & Regional Insights
The mobile data protection market covered in this report is segmented –
1) By Type: Software, Services
2) By Platform: Windows, Android, iOS, Mac OS, Blackberry, Linux
3) By Deployment: Cloud, On-premise, Hybrid
4) By End-User: Education, Healthcare, Retail, BFSI (Banking, Financial, Services, and Insurance), Government, IT and Telecom, Manufacturing, Media and Entertainment, Other End-Users
North America was the largest region in the mobile data protection market in 2023. The regions covered in the mobile data protection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing cases of cyber attacks are expected to propel the growth of the mobile data protection market going forward. A cyber-attack refers to an attempt to gain unauthorized access to a computer, or networks of computer data with the intent to steal, destroy, or manipulate data to cause damage. Mobile data protection prevents cyber attacks by offering trustworthy services, setting up authentication, and preventing unauthorized access to mobile data. Therefore, growing cases of cyber attacks are driving the growth of the intelligent document processing market. For instance, in 2021, according to the data breach analysis of Identity Theft Resource Center (ITRC), a US-based non-profit organization that provides identity crime victim assistance and education, the data breaches in September 2021 were 1,291, a 17% increase in data breaches in comparison to breaches in 2020, which were 1,108. The growing cases of cyber attacks are driving the mobile data protection market.
Key Industry Players
Major companies operating in the mobile data protection market report are Microsoft Corporation, Dell Inc., Intel Corporation, Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Cisco Systems Inc., EMC Corporation, Thales Group, VMware Inc., Symantec Corporation, NortonLifeLock Inc., Check Point Software Technologies Ltd., McAfee LLC, Trend Micro Incorporated, Proofpoint Inc., Zscaler Inc., Citrix Systems Inc., Kaspersky Lab, BlackBerry Limited, Lookout Inc., Bitdefender, Netskope Inc., MobileIron Inc., Forcepoint LLC, Absolute Software Corporation, F-Secure Corporation, Digital Guardian, Sophos Ltd., Wandera, CipherCloud, Acronis International GmbH, WinMagic, ESET s.r.o., SecureAge Technology Pte Ltd.
The mobile data protection market report table of contents includes:
1. Executive Summary
2. Mobile Data Protection Market Characteristics
3. Mobile Data Protection Market Trends And Strategies
4. Mobile Data Protection Market – Macro Economic Scenario
5. Global Mobile Data Protection Market Size and Growth
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32. Global Mobile Data Protection Market Competitive Benchmarking
33. Global Mobile Data Protection Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Mobile Data Protection Market
35. Mobile Data Protection Market Future Outlook and Potential Analysis
36. Appendix
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