With hackers becoming more effective in targeting and exploiting emerging technologies -- such as smartphones, media tablets and associated cloud services -- enterprises are investing in mobile endpoint security software to protect and manage mobile devices. Hackers are able to gain access or control of mobile devices via malicious software (malware), while mobile applications (apps) on the device can perform unwanted, high-risk actions. This threat jeopardizes the safety of sensitive data stored on the mobile device, as it can be lost or stolen. With the ubiquity of mobile devices and trends such as bring your own device (BYOD) to work, industry and government regulations requiring businesses to control network access for all device types and applications adds to market growth. According to the latest market study by Frost & Sullivan, the mobile endpoint protection market earned revenue of $433.5 million in 2012, and estimates this to reach $1.0 billion in 2017. They note ...
TMT Market Research Summaries and Analysis