Enterprise mobility solutions ensure that organizations enable employees to adopt secure mobile devices. In addition to this, it involves securing corporate data present in the mobile devices of the employees to prevent data theft and economic loss. Furthermore, the emergence of technologies such as internet of things (IoT) and machine learning is enabling enterprises to promote enterprise mobility among its employees. According to a report by the Soti, Inc., about three fourth of the employees in the United States are expected to be introduced to the mobility working environment in the forthcoming years. Moreover, increasing the risk of cyberattacks and malware is expected to drive the demand for the global mobile security market during the projected horizon.
The global mobile security market size stood at USD 34.94 billion in 2019 and is projected to reach USD 103.45 billion by 2027, exhibiting a CAGR of 14.6% during the forecast period.
The mobile solution can be implemented in an operating system (OS) as well as on individual mobile devices. The security solution deployed over OS is considered under Enterprise Mobility Management (EMM), whereas those implemented on a mobile device is considered as Mobile Threat Management (MTM). Deployment of EMM, together with MTM, offers additional features like device configuration, device management, real-time device monitoring, and GPS tracking, among others. Therefore, the integration of EMM, along with MTM, is trending in the market for better safety features.
Growing malware and cyberattacks have led companies in the U.S. to adopt advanced security platforms. The U.S is expected to dominate this market share in North America by adopting enterprise mobility and mobile security solutions.
List of the Companies Operating in the Market:
• Microsoft Corporation (New Mexico, United States)
• Google LLC (California, United States)
• IBM Corporation (New York, United States)
• Lookout, Inc. (California, United States)
• Apple, Inc. (California, United States)
• Kaspersky Lab (Moscow, Russia)
• Intel Corporation (California, United States)
• VMware, Inc. (California, United States)
• AVG Technologies (Prague, Czech Republic)
• Symantec Corporation (Arizona, United States)
• F – Secure Corporation (Helsinki, Finland)
• Oracle Corporation (California, United States)
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