The Global [FURL=https://www.industryarc.com/Research/Mobile-Application-Security-Market-Research-500725]Mobile Application Security Market[/FURL] is estimated to reach $8.24 billion by 2025, growing at a CAGR of 23.1% from 2020 to 2025. Defending mobile device apps from digital fraud in form of malware, hacking and other criminal manipulation is considered mobile application security. The implementation of mobile app security is done by two processes, first is through technological means and second is through personal responses. The mobile apps when connected to the business networks forms a major channel for security threats.Key Takeaways
Rise in adoption of mobile application security solution is being driven due to rise in cyber crime and cyber threats along with growth in end users.
Cloud based deployment are dominating the market owing to their cost effectiveness and upsurge in cloud deployment by most of the end users globally.
North America is expected to dominate the global Mobile application Security Market in the forecast period 2020-2025 owing the rising use of cloud based networking and growth in IT and Telecom industries.
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Geography - Segment Analysis
Global Mobile Application security Market is dominated by North America region by a market share 38.7% in 2019. The growth in cloud based networking, mobile devices and presence of major key players for whom there is requirement of security and vulnerability management are driving the growth of the market. Furthermore, there is a presence of huge IT firms in the North American region due to which there is requirement for cloud managed LAN networks. So, due to these factors there is demand for security and risk management of mobile device applications contributing to further growth of the market in North America region. Furthermore, dynamic business requirements along with growing enterprises are aiding the use of cloud based networks in this region. The rise of industrial sector among which the IT sector companies are the major ones in the recent years in this region are accounting for more use of the security and vulnerability management and mobile application security. These factors are boosting the growth of the market in this region.
Drivers – Mobile Application Security Market
Rising demand for security solutions to offer protection against web based malware:
Growth in cloud computing, mobile device & software and vulnerability assessment:
Market Landscape
Mobile App Security Market is dominated by major companies such as VM Ware, Trend Micro, Symantec, MobileIron, McAfee, Lookout, KasperSky, AirPatrol, AVG and Avast among others.
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