Mobile security products market to reach $5billion and 247 phones by 2011
The market for
mobile security products, including anti-virus, VPN, data and file
encryption and mobile identity management applications, will reach almost $5billion
by 2011 and be installed on 247m mobile phones by that time,
according to a study from Juniper
Research.
Highlights from the study include:
- The biggest mobile security opportunity will be in the secure mobile content sector (anti-virus, anti-spam, anti-spyware and content filtering) with 40% of the total market
- Mobile Biometric solutions will contribute some $268million worth of revenue of the total mobile identity and access management market ($1.36billion) by 2011
- An increase of nearly $4billion from the 2006 figure of $827million to create a combined mobile security market worth $4.8billion by 2011
- By 2011, 247million mobile users worldwide (just under 8% of total) will be using their mobile security products on their mobile phones
The factors driving this new market segment include:
- The security risk of identity theft.
- The unauthorised access to corporate networks by mobile devices.
- The growing threat of mobile viruses and malware.
- Corporate governance and state legislation.
- The increased dependence by mobile users on the delivery and storage of critical data on their mobile phones.
