Skip to main content

Mobile Security Services will Reach $1.88B in 2013

As more people use their smartphones and tablets to download software apps, they potentially become a security risk for their employers.

According to the latest market study by ABI Research, mobile device malware has advanced to a new level of sophistication -- as more smart devices are adopted.

The number of unique mobile threats grew by 261 percent in just two quarters.

Increasingly complex malware is taking advantage of a wider range of mobile functionality to exploit vulnerabilities on the device and in the wireless communication networks that they're connected to.

Organizations allowing bring your own device (BYOD) to work programs -- without proper mobile device management capabilities -- are at great risk from covert interception and corruption.

More than simple security applications, the demand for specialized services is driving the market for mobile security; network security, managed and professional services are set to become the biggest category for business-to-business mobile security.

Bundled network security which includes unified threat management, deep packet inspections, virtual private networks, and remote device management will become increasingly important.

The driving markets in mobile security are concentrating on services for mobile device, identity and authentication management, as well as for audits, certification, and consulting.

ABI Research estimates the current Mobile Security Services market to total $1.88 billion by the end of 2013, by far dominating both the mobile device and mobile application security markets.

"Isolated and standalone security solutions will work for the individual consumer, but for organizational applications and communication carriers, mobile security services will take the lead," says Michela Menting, senior analyst in cyber security at ABI Research.

ABI believes that the mobile security services market will offer significant opportunities for vendors targeting mobile network operators as well as the individual businesses that use their services.

Popular posts from this blog

Securing the Future of Cellular IoT Apps

The Internet of Things (IoT) continues to expand. According to the latest worldwide market study by Juniper Research, they forecast a 90 percent growth in cellular IoT devices by 2028, with the global number reaching 6.5 billion. This exponential rise presents both exciting opportunities and significant challenges. While the growth of cellular IoT unlocks a vast potential for innovation in smart cities, industrial automation, and remote monitoring, it also requires device management and security advancements. Cellular IoT Market Development Juniper's research highlights the critical role of intelligent infrastructure management solutions. These platforms will empower the users to automate critical tasks such as device configuration, real-time security management, and optimized wireless connectivity. The surge in cellular data usage, projected to reach 46 petabytes by 2028 compared to 21 petabytes today, further underscores the need for automation. This is where federated learning i