The Global Mobile Security Software Market is expected to reach USD 29,427 Million by 2024, growing at a CAGR of 14.1% during the forecast period (2019–2024).

Bring your own device (BYOD) is a practice of allowing employees in any organization to use their personal devices such as laptops, smartphones, and tablets for professional purposes. The growing trend of bring your own device (BYOD) is seen owing to the flexibility and increase workforce mobility and reduced hardware and infrastructure costs. However, the adoption of BYOD brings security-related issues as the leakage of private information from unprotected and unmanaged devices. Personal devices may lack data encryption capabilities or malware that are vulnerable to attack from online threats, thus increasing the risks of data loss or exposure. The safety of these devices from malware and other cyberattacks can be mitigated by the use of proper mobile security solutions. Therefore, the growing trend of bring your own device (BYOD) is expected to drive the growth of mobile security software during the forecast period.

Competitive Analysis

The Prominent Players operating in the Global Mobile Security Software Market are F-Secure Corporation (Finland), Citrix Systems, Inc. (US), Kaspersky Lab (Russia), AVG Technologies (Czech Republic), Sophos Group PLC (UK), Apple Inc. (US), Intel Security (US), Symantec Corporation (US), VMware, Inc. (US), and Microsoft Corporation (US).

Regional Analysis

By region, the mobile security software market has been divided into North America, Europe, China, India, Japan, the Middle East & Africa, and South America.

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