Infonetics: Hacker Attacks and Concerns Over Government Spying Help Spur Mobile Security Market

Enterprise bring-your-own-device (BYOD) trend spurring growth in mobile device security client software market (Graphic: Infonetics Research)

CAMPBELL, Calif.--()--Market research firm Infonetics Research released excerpts from its latest Mobile Device Security Client Software report, which tracks enterprise and consumer security client software for mobile devices.

ANALYST NOTE

“With over 8 billion smartphones and tablets shipping between now and 2017, financially-motivated hackers have all the incentive they need to start cranking out massive numbers of attacks targeted at the devices, and they've already begun. This, combined with concerns over government spying on mobile devices, is drawing significant interest from consumer and enterprise users looking to protect the data on their mobile devices,” says Jeff Wilson, principal analyst for security at Infonetics Research.

MOBILE SECURITY CLIENT MARKET HIGHLIGHTS

  • Globally, mobile device security client software sold to enterprises and consumers totaled $320 million in 2Q13, up 9% from the previous quarter
  • Infonetics forecasts the mobile device security client software market to grow at a strong 26% compound annual growth rate from 2012 to 2017 worldwide
  • More threats are coming from SMS/MMS, and many users are experiencing attacks that utilize multiple vectors (e.g., email and over-the-top messengers) on their mobile devices
  • Enterprise mobile clients accounted for 51% of total mobile security client revenue in 2Q13, fueled in part by the bring-your-own-device (BYOD) trend, but is expected to fall to 44% by 2017 as consumers wake up to mobile security threats
  • Asia Pacific currently leads all regions in mobile security client revenue, followed by North America and EMEA (Europe, the Middle East and Africa), which are neck-and-neck; the Caribbean and Latin America region is a distant 4th

REPORT SYNOPSIS

Infonetics’ biannual mobile security client report provides regional and worldwide market size, forecasts through 2017, analysis, and trends for the enterprise and consumer mobile device security client software markets. The report tracks revenue, licenses, and revenue per license by quarter. To buy the report, contact Infonetics: http://www.infonetics.com/contact.asp.

RELATED SECURITY RESEARCH

RECENT & UPCOMING RESEARCH

Download Infonetics’ 2013 market research brochure, publication calendar, events brochure, report highlights, tables of contents, and more at http://www.infonetics.com/login.

INFONETICS WEBINARS

Visit https://www.infonetics.com/infonetics-events to register for upcoming webinars, view recent webinars on demand, or learn about sponsoring a webinar.

  • SMS/MMS Security Strategies for Mobile Carriers (View on demand)
  • DDoS Mitigation Strategies: What’s Next (2014: Sponsor)
  • Using Big Data Analytics to Improve Security (2014: Sponsor)
  • Data Center Firewalls: The New Performance Requirements (2014: Sponsor)
  • Protecting Infrastructure Control Systems from Cyber Attacks (2014: Sponsor)

TO BUY REPORTS, CONTACT:

N. America (West), Asia Pacific: Larry Howard, larry@infonetics.com, +1 408-583-3335

N. America (East), Midwest, L. America: Scott Coyne, scott@infonetics.com, +1 408-583-3395

EMEA, India, Singapore: George Stojsavljevic, george@infonetics.com, +44 755-488-1623

Japan, South Korea, China, Taiwan: http://www.infonetics.com/contact.asp

ABOUT INFONETICS

Infonetics Research (www.infonetics.com) is an international market research and consulting firm serving the communications industry since 1990. A leader in defining and tracking emerging and established technologies in all world regions, Infonetics helps clients plan, strategize, and compete effectively. View Infonetics’ About Us slides at http://bit.ly/QUrbrV.

Contacts

Infonetics Research
Jeff Wilson, +1-408-583-3337
Principal Analyst, Security
jeff@infonetics.com
Twitter: @securityjeff

Release Summary

Excerpts from Infonetics' Mobile Device Security Client Software market size and forecasts report, which tracks enterprise and consumer security client software for mobile devices.

Contacts

Infonetics Research
Jeff Wilson, +1-408-583-3337
Principal Analyst, Security
jeff@infonetics.com
Twitter: @securityjeff