PUBLISHER: 360iResearch | PRODUCT CODE: 1500451
PUBLISHER: 360iResearch | PRODUCT CODE: 1500451
[193 Pages Report] The Mobile Threat Defense Market size was estimated at USD 2.74 billion in 2023 and expected to reach USD 3.10 billion in 2024, at a CAGR 14.26% to reach USD 6.97 billion by 2030.
The mobile threat defense includes solutions and services to protect personal and corporate mobile devices from threats such as malware, data breaches, and phishing attacks. It supports an array of business applications while also protecting confidential information on end-users' devices. Increasing incidences of cyber-attacks, the proliferation of smartphones and tablets, businesses' growing dependence on digitization, and the rising adoption of BYOD (Bring Your Own Device) policies in organizations are accelerating the use of mobile threat defense solutions. However, the high cost of implementing robust mobile threat defense solutions and the lack of skilled cybersecurity professionals may hinder the end-use sectors' use of mobile threat defense solutions. Moreover, the advent of AI and machine learning technologies in cybersecurity is expected to create numerous opportunities for mobile threat defense solutions by the end-use sectors globally.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 2.74 billion |
Estimated Year [2024] | USD 3.10 billion |
Forecast Year [2030] | USD 6.97 billion |
CAGR (%) | 14.26% |
Regional Insights
The mobile threat defense market is evolving in the Americas owing to the proliferation of mobile devices in businesses and homes, necessitating stricter mobile defense strategies. Ongoing investment in research and development has resulted in the registration of various patents aimed at enhancing mobile threat defense technologies in the Americas. Significant growth in mobile device usage, rising cybersecurity awareness levels, and emphasis on digital infrastructure are driving the use of mobile threat defense solutions in the APAC region. In EMEA, regulatory frameworks, active cybersecurity initiatives, and a rise in mobile and internet users have led to a surge in investments to manage mobile threats more effectively. Besides, improvements and advancements in mobile threat defense solutions are anticipated to propel the use of mobile threat defense solutions worldwide.
Market Insights
The market dynamics represent an ever-changing landscape of the Mobile Threat Defense Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
FPNV Positioning Matrix
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Mobile Threat Defense Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Mobile Threat Defense Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments
Zimperium Launches Australia's First and Only Sovereign-Hosted Mobile Threat Defense (MTD) Capability
Zimperium launched Australia's first sovereign-hosted Mobile Threat Defense (MTD) capability, bringing a cutting-edge solution to organizations. This MTD solution offers round-the-clock visibility into mobile threats on Android and iOS devices and comprehensive incident response capabilities. With multi-level protection against advanced persistent threats and malicious apps, it also features a tamper-resistant agent supported by Zimperium's patented Machine Learning algorithms. [Published On: 2023-11-06]
StarHub Launches Mobile Threat Defence Solution to Shield Enterprises from Mobile Security Threats
StarHub introduced a mobile threat defense solution to safeguard enterprises against mobile security threats. This comprehensive solution comprises several key features, including anti-malware protection and device vulnerability checks. Additionally, it offers advanced tools for enforcing policies that control device behavior and access privileges. With this powerful combination, enterprises can rest assured that their mobile devices are protected from potential threats and vulnerabilities. [Published On: 2023-06-12]
Ivanti and Lookout Extend Strategic Partnership to Deliver Mobile Threat Defense as Part of Ivanti's Unified Endpoint Management Solution
Ivanti and Lookout expanded their strategic partnership to offer mobile threat defense as a component of Ivanti's unified endpoint management solution. This integration allows customers to benefit from enhanced visibility and protection against malicious threats targeting mobile devices. By leveraging this comprehensive offering, organizations can ensure their mobile devices' security and integrity while streamlining their overall endpoint management strategy. [Published On: 2023-01-18]
Strategy Analysis & Recommendation
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Mobile Threat Defense Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Mobile Threat Defense Market, highlighting leading vendors and their innovative profiles. These include AO Kaspersky Lab, Barracuda Networks, Inc., BlackBerry Ltd., Broadcom, Inc., Check Point Software Technologies Ltd., Cisco Systems, Inc, Citrix Systems, Inc., Esper.io, Inc., Fortinet, Inc., Guardsquare NV, Ivanti Software, Inc., Lookout, Inc., Open Text Corporation, PRADEO SECURIT SYSTEMS, SAP SE, Thoma Bravo, LLC, Upstream Security Ltd., VMware, Inc., Zimperium, Inc., and Zoho Corporation Pvt. Ltd..
Market Segmentation & Coverage
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